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

Photo by Lukáš Lehotský via Unsplash

Energy

Bill Gates’ TerraPower to Build First Small Reactor in US

The company plans to have one of the newfangled small modular reactors up and running in Wyoming by 2030.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
Photo by Flickr via CC BY 1.0

Energy

Shell Backtracks Again on Climate Targets

The energy titan has extended the timeline for its plan to reduce its “carbon intensity.”

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

Photo by Getty Images via Unsplash

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

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

Photo via Connor Lin / The Daily Upside

Consumer

Temu Emerges as Major Ad Client for Meta, Google

Temu is now one of the biggest ad clients for both Google and Meta, according to The Wall Street Journal and The New York Times.

1 min read
Photo via Novo Nordisk

Healthcare

Novo Nordisk May Have Found an Even Better Anti-Obesity Drug

Novo Nordisk has announced a new drug in its pipeline performed much better than Wegovy in helping participants to lose weight.

2 min read
Photo via U.S. Patent and Trademark Office

Autos

Hyundai’s Cybersecurity Could Protect Self-Driving Cars from Hacks

The future of the connected car may come with a lot of driver data collection for the sake of personalization.

2 min read

Technology

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

Photo by Alena Darmel via Pexels

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

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