The Daily Upside

Mastercard Blockchain Patent Could Make Financial Audits Easier

Photo via U.S. Patent and Trademark Office

Mastercard might use blockchain to straighten out transaction records.

Loading…
EY Delays New Hires’ Start Dates Due to Lackluster Deal Environment

Image Credit: iStock, BalkansCat

EY informed around 200 recent graduates hired for its Parthenon advisory division that their start dates have been postponed until mid-2025.

Loading…
Boeing Tries to Bury 17,000 Layoffs in Friday News Dump Extraordinaire

Photo by Sven Piper via Unsplash

Boeing announced 17,000 layoffs, a delay to the launch of its 777X passenger jet, and billions in charges related to ongoing strikes.

Loading…
Weight-Loss Drugs Might Not Tank Medicare After All

Photo by Andres Ayrton via Pexels

New estimates say that Medicare will spend tens of billions of dollars over nine years to cover weight-loss drugs.

Loading…

A Cyberattack Rattled US Car Dealerships. Which Industry is Next?

Photo illustration by Connor Lin / The Daily Upside

A single point of software failure can turn entire industries into teetering Jenga towers. Next time could be a lot worse.

Loading…
Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Photo by SHVETS Production via Pexels

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

Loading…
TD Bank Accepts Cap on US Growth, $3 Billion in Penalties After Failing to Monitor Money Laundering

Photo by Mike Mozart via CC BY 2.0

TD Bank pleaded guilty Thursday to conspiracy to commit money laundering for criminal groups, including global drug cartels.

Loading…
7-Eleven Parent Company Has a New Plan to Ward off Couche-Tard’s Takeover

Photo by Train Fan via CC BY-SA 4.0

As the takeover bid from Couche-Tard heats up, Seven & i Holdings announced a plan to split its business in two.

Loading…

Intel Patent Could Help Build Security Trust in Enterprise AI

Photo via U.S. Patent and Trademark Office

Intel’s recent patent could help track down when AI slips up after it’s shipped out.

Loading…
IBM Advertising Patent Could Present Privacy Concerns

Photo via U.S. Patent and Trademark Office

IBM may want to use household appliances to track users and time ads.

Loading…
Rolls-Royce Patent Could Retrofit Aircraft with Hydrogen Engines

Photo via U.S. Patent and Trademark Office

Hydrogen faces a number of hurdles before it can be considered a suitable alternative to jet fuel – namely, cost.

Loading…
Will Trump or Harris Win the White House? Ask the Dow

Photo by Mikhail Nilov via Pexels

The election is quickly approaching, and some researchers are looking to the largest indexes for clues about the outcome.

Loading…

New ETFs Help Clients Defer Taxes like the Super Rich

Photo by TravelingOtter via CC BY-SA 2.0

New ETF launches are using sophisticated strategies that were once only available to the wealthy to help clients defer capital gains tax.

Loading…
Wealthtech Funding Heats Up With 2 Big Rounds

Photo via Connor Lin / The Daily Upside

Fintech’s Facet and Quartr raised a collective $41 million, highlighting robust enthusiasm for the industry.

Loading…
Hurricane Milton Might Be the Costliest Hurricane Since Katrina

Photo by Dannel Malloy via CC BY 2.0

When it hits Florida, Hurricane Milton is expected to cause anywhere between $60 billion and $100 billion in insured losses.

Loading…
CVS, UnitedHealth Want Nothing to Do With Lina Khan

Photo by E Gillet via CC0 1.0

UnitedHealth, CVS, and Cigna want FTC chair Lina Khan and two other officials recused from their case due to alleged biases.

Loading…
Mining Giant Rio Tinto Bets on Lithium Rebound With $6.7 Billion Acquisition

Photo via Rio Tinto

Rio Tinto announced plans to acquire US lithium miner Arcadium for $6.7 billion, making it the world’s third-largest lithium miner.

Loading…
Honeywell Will Spin Off Advanced Materials Unit to Focus on ‘Megatrends’

Photo by Scott Ritchie via CC BY-SA 4.0

Honeywell plans to spin off its advanced materials unit as a publicly listed company so it can prioritize “megatrends.”

Loading…
Amazon’s Ex-Logistics Boss Takes on Supply Chain’s ‘Franken-Software’ Monster

Photo by Tony Webster via CC BY-SA 2.0

Dave Clark, who created Amazon’s mammoth, world-leading logistics network, announced in a LinkedIn post that he’s starting his own venture.

Loading…
Hindenburg Shorts Roblox, Claiming It Inflates User Numbers and Puts Children at Risk

Photo by Oberon Copeland via Unsplash

Hindenburg reported that Roblox has been exaggerating its user base, losing money, and putting growth ahead of child safety.

Loading…

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Trump Media Delays Registration for Bitcoin ETF

Photo via Hu Yousong / Xinhua News Agency/Newscom

Loading…
Vanguard’s Joe Davis on AI and the ‘Second Half of the Chessboard’

Joseph Davis, Vanguard’s global chief economist and global head of the Investment Strategy Group.

Loading…
China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

Loading…