Industries

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

(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
(Photo by Marius Christensen on Unsplash)

Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

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 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
(Photo Credit: Andrew Roberts/Unsplash)

Electric Vehicles

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

1 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

(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

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

2 min read

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