Industries

Inflation & Prices

Walmart Blames Upcoming Price Hikes on Tariffs

Photo by David Montero via Unsplash

Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.

2 min read

Photo by Michael Vi via iStock

Autos

GM Pulls the Plug on Driverless, Brake Pedal-less, Steering Wheel-less Robotaxi

General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.

1 min read
Photo by Jesse De Meulenaere via Unsplash

Energy

Shell Backs Off Offshore Wind

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read
Photo by Nastya Dulhiier via Unsplash

Consumer

Airlines Have Finally Hit a Ceiling on Fares

Ryanair said it had seen its profits take a 46% nosedive, and would have to offer “materially lower” airfares for the busy summer period.

1 min read

Industries

Thinning Cattle Herds Drive US Beef Prices to Record Highs

Photo by Monika Kubala via Unsplash

US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.

2 min read

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

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

Sign Up for The Daily Upside to Unlock This Article

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