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 via U.S. Patent and Trademark Office

Patent Drop

Ford Self-Driving Maintenance Patent Could Automate Oil Changes

Filings like these indicate that this pivot will likely have a domino effect on all other parts of the automotive industry.

2 min read
Photo by Sam Pak via Unsplash

Media & Entertainment

Microsoft’s Gaming Dreams Enter Their Price-Hike Era

Microsoft’s gaming division Xbox announced it’s splitting its hugely popular subscription service Game Pass into two subscription tiers.

1 min read
Photo by Chris Yarzab via CC BY 2.0

Media & Entertainment

CNN Announces Layoffs, New Digital Subscription Business

CNN announced layoffs of 100 employees, a reorganization of its newsrooms, and its “first direct-to-consumer subscription product.”

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

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

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