Industries

M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Photo by Andres Ayrton via Pexels

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read

Photo by Prasad Panchakshari via Unsplash

Patent Drop

Apple’s LIDAR Patent Adds Another Piece to Rumored Car Offering

Apple will likely face a lot of competition if it decides to get on the road.

2 min read
(Photo Credit: Nainoa Shizuru/Unsplash)

Media & Entertainment

Rock Band Kiss Plans to Join the Avatar Concert Trend

After 50 years of performing, world-renowned shock rock group Kiss just played its final show, but the members say the show will go on.

1 min read
Photo by James Penner via Unsplash

Patent Drop

Ford Patent Seeks to Keep EV Batteries Running

Given that EV batteries are a hot commodity, the tech could help cut costs for fleet operators.

2 min read

Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read

(Photo by Brad Killen via Unsplash)

Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
(Photo by Bill Abbott via CC BY-SA 2.0)

Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read
(Photo by National Cancer Institute on Unsplash)

Big Tech

Amazon’s Healthcare Dreams Are Fractured

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

2 min read

Patent Drop

Special Report: Patent Drop’s Gift Guide of the Future

Bastian Riccardi on Unsplash

Consumer tech is getting up close and personal this holiday season.

7 min read

(Photo credit: CDC/Unsplash)

Indicators

Healthcare Hiring Boom Buoys Job Market

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read
(Photo Credit: Andrew Roberts/Unsplash)

Autos

Toyota’s Hybrids Are Having a Moment

Tesla has gone all-in on electric vehicles, but Toyota is getting to say “I told you so” with its focus on hybrids.

2 min read
Photo by Kelly Sikkema/Unsplash

Industrials

The UN Wants You to Eat Less Meat

The UN’s is expected to deliver a comprehensive road map to realign global food systems with carbon-emissions goals.

1 min read

Electric Vehicles

Northvolt Develops New Lithium-Free Battery To Rival Precious Earth Metal Ones

(Photo by Jannis Lucas on Unsplash)

Swedish battery-maker Northvolt announced proudly on Tuesday that it had developed a new kind of sodium-ion battery.

2 min read

(Photo by Yaroslav Muzychenko on Unsplash)

Industrials

Private Jets Belonging to Celebs and Execs Rack Up Years In Flight Time

Private jets belonging to a group of just 200 celebrities and executives have racked up 11 years’ worth of flight time since 2022.

1 min read
(Photo by Kanchanara on Unsplash)

Media & Entertainment

Crypto Exchange Bullish Buys Crypto News Site CoinDesk

CoinDesk was acquired in an all-cash deal by Bullish, a crypto exchange run by former NYSE president Tom Farley.

2 min read
(Photo by Declan Sun on Unsplash)

Consumer

McDonald’s Buys Back a Piece of Its China Business

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.

2 min read

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