Industries

Consumer

Airbnb Reinvents Itself to Regain Rizz

Photo by Raysonho via CC0 1.0

Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.

1 min read

Photo by Colton Jones via Unsplash

Media & Entertainment

Nelson Peltz Scores Major Ally in Disney Fight

Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.

2 min read
Photo via Nikola

Autos

Nikola’s Hydrogen Trucks Hit Production Snags

A shortage of pressurized fuel tanks and electric batteries has significantly disrupted production.

1 min read
Photo by Dima Pechurin via Unsplash

Consumer

Luxury Brands Can’t Bank on China Anymore

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 min read

Photo by C B via Unsplash

Autos

Bentley’s Profit Buoyed by Customized Cars

The British car maker said seven out of 10 customers spent more than $43,000 on customizing their new rides.

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

Healthcare

UnitedHealth CEO Replaced by Predecessor as Stock Plummets

Photo by Chad Davis via CC BY 2.0

UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.

2 min read

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

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