Industries

Healthcare

Trump Prescribes Deep Discounts for Big Pharma

Photo by Cj via Unsplash

The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.

2 min read

Photo by Carlos Aranda via Unsplash

Autos

Can the Automotive Industry Survive the Trade War?

Here’s the bad news: Auto manufacturing is a notoriously thin-margin industry, and tariffs could tear right through those margins.

2 min read
Photo by Dan Lundberg via CC BY-SA 2.0

Industrials

BlackRock Leads $23 Billion Deal for Panama Canal Ports

The titanic port deal immediately made political waves, even as the seller, conglomerate CK Hutchison, denied politics were at play.

2 min read
Photo by Choo Yut Shing via CC BY 2.0

Consumer

Bubble Tea Chain Mixue Leads Hong Kong IPO Revival

The biggest restaurant chain in the world just completed a splashy IPO — and you’ve likely never heard of it.

2 min read

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Olga Kurbatova via iStock

Media & Entertainment

Hollywood Outgrew Los Angeles. Now It’s Outgrowing America.

As US-based streaming platforms chase audiences around the world, they’re increasingly committing to international productions.

6 min read
Photo by Szabo Viktor via Unsplash

Media & Entertainment

YouTube Is Beating Spotify in the Podcast Wars

On Wednesday, Bloomberg reported that one billion people are watching podcasts on the Google-owned YouTube every month.

2 min read
Photo by Air Force Staff Sgt. Brittany A. Chase, DOD via Public Domain Mark 1.0

Industries

US Defense Spending Falls Out of Lockstep With Europe

European leaders are gearing up for the possibility of a sudden America-shaped hole in the Ukraine defense budget.

1 min read

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Grinvalds via iStock

Artificial Intelligence

Whatever Happened to All Those AI Copyright Lawsuits?

Last Tuesday, content conglomerate Thomson Reuters notched a big legal win against AI firm ROSS. Is it a sign of what’s to come?

5 min read
Photo by Ajay Suresh via CC BY 2.0

Industrials

De Beers Gets a $2.9 Billion Writedown

De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.

1 min read
Photo by Erik Mclean via Pexels

Consumer

Guidance Overshadows Growth as Walmart Shares Go Tumbling

Walmart said Thursday that it made a record $681 billion in sales, and yet its shares had their worst day in three years, tumbling 6.5%.

2 min read

Media & Entertainment

Netflix’s New Homepage Pushes Users to Watch, Not Scroll

Photo by Freestocks via Unsplash

Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.

1 min read

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