Industries

OPEC+ Wants to Pump Its Way Back to the Top

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After roughly two straight years of production cuts to prop up falling prices, the oil cartel’s newest problem is a shrinking market share.

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Recent News

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

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Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

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Apple’s Film Division Finally Finishes First at Box Office

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While Apple has been able to produce a string of TV hits, making successful movies has proven a little more difficult.

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EV Dealerships Urge Slow-Walking Tax Credit Cutoff Amid ‘Big, Beautiful Bill’ Debate

Experts have already warned that rollbacks to electric vehicle tax incentives will slow sales growth big time.

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BYD Downshifts Production into First Gear

BYD is now the EV pace-setter in Europe, too, according to a recent report from automotive firm JATO Dynamics.

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America’s Anduril Among Potential Winners of NATO Breakthrough

NATO chief Mark Rutte said last week that the new defense 5% of GDP spending target amounts to a “quantum leap.”

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Low Battery: ‘Heat Dome’ Exposes Cracks in America’s Decaying Power Grid

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Rising temperatures and massive new data centers are providing a massive stress test for the US power grid.

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Shell Dismisses BP Takeover Talks as Mere ‘Speculation’

A megamerger of this sort would vault Shell’s market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.

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AstraZeneca and Daiichi Sankyo Treatment Wins First of Its Kind FDA Blessing to Treat Lung Cancer

Like many other major pharmaceutical companies, AstraZeneca is facing a series of patent cliffs for key treatments in its portfoilio.

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Carnival Cruises Past Market Expectations in Boon for Shares

The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars.

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Novo Nordisk Backs Away From Hims & Hers Partnership

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Novo and Hims’ April team-up turned the two firms from competitors into collaborators at just the right moment.

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Drones Steal the Paris Air Show

A record number of drones are on display at the world’s largest aerospace event in Paris this week, marking a major industry milestone.

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Proposed Crackdown on Pharma Ads Leaves Cable TV Fearing $10B Withdrawal

The US and New Zealand are the only two countries that allow pharmaceutical companies to directly advertise to patients on TV.

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Oil Prices Spike as Israel-Iran Conflict Threatens Production, Shipping

With no immediate end in sight, analysts are weighing multiple possibilities that could affect prices down the line.

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