Industries

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

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

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

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

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Media & Entertainment

Netflix’s New Homepage Pushes Users to Watch, Not Scroll

Photo by Freestocks via Unsplash

Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.

1 min read

Sign Up for The Daily Upside to Unlock This Article

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