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 Ilya Plekhanov via CC BY-SA 4.0

Autos

Uber Spreads Its Self-Driving Bets

Uber announced it’s investing in Wayve, a UK-based startup that’s building self-driving software for cars.

1 min read
Image Credit: Lego.com

Consumer

Lego Thrives Amid Higher Business Cost and a Slowing Toy Market

Danish company Lego reported generating $4.65 billion in revenue for the first half of 2024, up 13% from a year earlier.

1 min read
Photo by EEYAUT Waihung via CC BY-SA 4.0

Autos

China EVs Stay Strong Despite Domestic, International Headwinds

A couple of China-based EV giants had good news to share in spite of a weakened consumer at home and fresh tariffs from the EU and Canada.

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

Photo by Harrison Keely via CC BY 4.0

Energy

Exxon Sees Oil Demand in 2050 Unchanged, Testing Net Zero Goals

ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.

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

Patent Drop

Roku Patent Balances Ad Output as Streaming Industry Plateaus

The tech aims to walk a fine line of not overloading customers with bad ads as several streamers launch their own ad-supported tiers.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

Autos

RV Having Fun Yet? The Ups and Downs of Camper Economics

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

5 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

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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