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 James Ting via Unsplash

Media & Entertainment

Advertisement Market is Booming, But Not for Everyone

Media investment firm Magna now expects ad sales by media owners to increase over 9% this year.

1 min read
Photo by Patrick Hendry via Unsplash

Energy

Fossil Fuel Clinginess Puts Climate Change Threshold in Peril

Oil and gas entities are on track to nearly quadruple the fossil fuels they extract from newly approved projects by the end of the decade.

1 min read
Photo by Hank Paul via Unsplash

Consumer

As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

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

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

Photo illustration by Connor Lin / The Daily Upside

Consumer

Can Rideshare Giant Uber Sustain its Recent Success?

Uber, finally having achieved sustainable levels of market dominance, may just be facing its biggest roadblocks yet.

5 min read
Photo by Katie Cerami via Pexels

Regulation

Biden Wants to Tax Private Jets

The Biden administration is pushing hard to put an end to cushy tax breaks companies can accrue from private jets.

2 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

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

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