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 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 Do Nhu via Unsplash

Consumer

Gucci’s China Problem Is Testing Investors’ Patience

The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.

1 min read
Photo by Mmatsuura via CC0 1.0

Energy

UK’s Octopus Energy Invests in US Offshore Wind Startup

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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