Industries

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

(Photo by Czapp Árpád on Pexels)

Consumer

Ikea Slashes Prices Amid Cooling Inflation

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 min read
(Photo by Kindel Media on Pexels)

Electric Vehicles

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

2 min read
(Photo by Pixabay on Pexels)

Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

2 min read

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 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

(Photo by Vladan Raznatovic on Unsplash)

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
(Photo by Blue Origin)

Industrials

Blue Origin Grounds Commercial Space Station Plans

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read
(Photo by Wes Hicks on Unsplash)

Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read

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

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