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 Lucas van Oort via Unsplash

Consumer

McDonald’s May Have to Tap Out on Raising Prices

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
Photo via Hannah Wernecke

Media & Entertainment

Paramount Ousts CEO Amid Sale Effort

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

2 min read
Photo by Financial Times via CC BY 2.0

Artificial Intelligence

OpenAI Inks Licensing Deal with the Financial Times to Train Chatbots

On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.

2 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

Photo illustration by Connor Lin / The Daily Upside, Photo by Tohamina via Freepik

Media & Entertainment

America’s Shortening Attention Spans are Corporate Gold

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

5 min read
Photo by Bas van den Eijkhof via Unsplash

Industrials

Struggling Diamond Giant De Beers Is Reportedly for Sale

The potential sale is playing out against a larger deal as Australian rival BHP has offered to buy parent Anglo American for $39 billion.

2 min read
Photo by Manuel Pappacena via Unsplash

Autos

A Mercedes With Autonomous Driving Just Hit the US Market

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

1 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

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

Sign Up for The Daily Upside to Unlock This Article

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