Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

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 Stock Birken via Unsplash

Consumer

Prada Defies Luxury’s Slump

Prada reported retail sales across its brands rose 18% last year as the company reportedly gears up to buy Versace from Capri Holdings.

1 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

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

Photo by Jetcityimage via iStock

Healthcare

Eli Lilly Wants to Bring Pharmaceutical Production Back to the US

Eli Lilly last week announced a $27 billion investment in four different domestic manufacturing plants to boost weight-loss drug production.

1 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

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.