Industries

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

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Industrials

Supply Chain Crisis Looms Amid Port Strike Threats

The International Longshoremen’s Association is set to strike if a new contract can’t be reached with the United States Maritime Alliance.

2 min read
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Artificial Intelligence

AI Could Make People ‘Uninsurable,’ Financial Regulator Warns

The insurance industry needs to be careful when using AI, or else AI black boxes could render consumers uninsurable without any explanation.

1 min read
Photo by Taurus Emerald via CC BY-SA 4.0

Consumer

Walmart Wants to Cut Out Credit Card Networks

Walmart will soon roll out an option that would allow consumers to pay for online orders directly via instant bank account transfers.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

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President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.

2 min read

Technology

Grand Theft Auto VI Delay Steals the Thrills From Video Game Industry

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The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.

2 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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