Industries

M&A

United Airlines Floats Marriage of Giants with American amid Skyrocketing Jet Fuel Costs

Photo via Edna Leshowitz/ZUMAPRESS/Newscom

American Airlines, United, Delta and Southwest represent a whopping 75% share of the US aviation market, according to aviation data firm OAG.

1 min read

Photo via Richard B. Levine/Newscom

Consumer

McDonald’s Spices Up Soft Drink Menus with Dirty Sodas, Specialty Bevs

McDonald’s plans to keep prices in its new beverages’ prices lower than competitors like Starbucks and Dutch Bros.

1 min read
Photo via Hindustan Times/Sipa USA/Newscom

Geopolitics

What’s Next for Oil Tankers Stranded in the Persian Gulf?

The Strait of Hormuz is supposed to be opening for business under a new ceasefire agreement. So far, that doesn’t seem to be happening.

2 min read
Photo via Petter Arvidson/ZUMAPRESS/Newscom

Consumer

Golf Retailers Push Forward on a Tough (Economic) Course

Americans are playing the most golf in decades, but capitalizing on the trend requires expert-level finesse for equipment-makers.

2 min read

Industrials

Daring Iran War Rescue Highlights Small But Crucial Military Tech

Photo via Polaris/Newscom

Spending on newer military tech jumped more than 20% this year, feeding innovation like the device that helped rescuers find a downed aviator.

1 min read

Media & Entertainment

Mideast Sovereign Wealth Funds Back Paramount’s WBD Takeover

Photo via BONNIE CASH/UPI/Newscom

Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s L’imad Holding Co are all aboard, per the WSJ.

2 min read

Energy

New BP Chief Pledges “Consistency” after Years of Anything But

Photo via Bulkin Sergey/ZUMA Press/Newscom

The oil price shock caused by the Iran war has turbocharged BP shares, pushing them up roughly 33% so far this year.

2 min read

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