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

Consumer

Uber Takes a U-Turn Back to Unprofitability

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 min read
Photo by Atomic Taco via CC BY-SA 2.0

Electric Vehicles

EV Big Rigs Are Getting Too Expensive for Trucking Customers

EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.

2 min read
Photo via Peloton

Consumer

The Private-Equity Takeover Bell Is Tolling for Peloton

At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.

1 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

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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