Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

2 min read

Photo by Elimende Inagella via Unsplash

Energy

US Coal Miners Arch and Consol to Combine Into $5.2 Billion Giant

Arch Resources and Consol Energy announced plans for a merger to create a new $5.2 billion coal giant called Core Natural Resources.

1 min read
Photo by Ajay Suresh via CC BY 2.0

Consumer

Target and TJ Maxx Win Big By Keeping Prices Low

Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.

1 min read
Photo by Mika Baumeister via Unsplash

Media & Entertainment

Disney Faces Regulatory Roadblocks in Global Sports Push

Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.

2 min read

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

Photo by JHVEPhoto via iStock

Autos

GM Makes Cuts to Software Division

GM is cutting over 1,000 workers, equivalent to roughly 1.3% of its total workforce, from its software and services division.

1 min read
Photo by Paloma A. via Unsplash

Industries

The Hot Trend for Americans Cutting Back on Alcohol, If Only a Little

Functional beverages — drinks producers tout as having health benefits because they have been infused with bioactive compounds.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Ben Gingell and Tatiana via iStock

Media & Entertainment

Can the Enhanced Games Get the World Hooked on Steroids?

After nearly 3,000 years, the business of the Olympics is ripe for disruption. Could performance enhancing drugs shake up the games?

5 min read

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

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

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