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 Harry Cunningham on Pexels)

Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

2 min read
Photo by Blaz Erzetic/Unsplash

Industrials

European Aluminum Giant Is Fretting a Chinese EV Influx

While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.

2 min read
(Photo by Max Randall/Unsplash)

Industrials

Climate Change and Regulations Squeeze Alaska’s Salmon Fishers

Salmon fishers in Alaska face a cascade of challenges as state regulators implement a series of restrictions to prevent overfishing.

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

(Photo via WPP Media Library)

Media & Entertainment

WPP Slashes Profit Outlook After Sluggish Quarter

WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.

1 min read
(Photo by U.S. Department of Agriculture under Public Domain Mark 1.0)

Autos

GM Sputters Through Latest Earnings Report

The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.

2 min read
(Photo by SpaceX on Unsplash)

Industrials

Elon Musk and the EU are Going to Space Together

The European Space Agency has contracted Elon Musk’s SpaceX to launch navigation satellites next year, The Wall Street Journal reported.

1 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

Photo by smoothgroover22 under CC BY-SA 2.0

Patent Drop

Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

3 min read
(Photo by Tony Webster under CC BY-SA 2.0)

Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

1 min read
(Photo credit: CDC/Unsplash)

Healthcare

Corporate America is Fretting the Rising Costs of Employee Healthcare

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

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

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