The Daily Upside

Whom Should You Believe About Energy Demand?

Photo by Roy Luck via CC BY 2.0

Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.

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Weathering the Storm: A Q&A with Vanguard on Market Volatility

Photo illustration by Connor Lin / The Daily Upside, Photo via Vanguard

The last four years have been head-spinning. Dan Newhall, Vanguard’s head of portfolio solutions, talked us through the volatility.

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Eli Lilly’s Weight-Loss Drug Finally Off FDA Shortage List

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The Food and Drug Administration declared an end to the scarcity of Eli Lilly’s highly in-demand weight-loss and diabetes drugs on Thursday.

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Climate Change Forces Starbucks Deeper into Coffee R&D

Photo by Shelby Murphy Figueroa via Unsplash

Starbucks is buying two farms in Central America to conduct research on the crop at the heart of its business: coffee.

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Dock Workers Agree to Pause Historic Strike To Negotiate New Contract

Photo by Chuttersnap via Unsplash

Three days into a historic work stoppage, dockworkers at East and Gulf Coast ports reached a tentative deal with their employer.

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Nvidia Robotics, Self-Driving Patents Could Make Its Chips Even More Popular

Photo via U.S. Patent and Trademark Office

Autonomous machines may need to be proactive, not reactive, to keep accidents from happening.

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Wells Fargo Cloud Patent Could Fight Data Security Risks

Photo via U.S. Patent and Trademark Office

Wells Fargo’s recent patent wants to make sure you can trust the cloud.

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Adobe Marketing Campaign Patent Adds to Professional AI Tools

Photo via U.S. Patent and Trademark Office

Adobe’s recent patent signals that it may be creating a marketing co-pilot.

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Schwab Says Farewell to Retiring CEO Walt Bettinger

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Charles Scwhab’s next chief executive Rick Wurster looks to continue the legacy of current CEO Walt Bettinger.

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Inside State Street and Apollo’s Private Market ETF

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The asset managers are hoping to offer the first private asset ETF and open up alternative investments to the masses.

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LPL Financial Terminates CEO Dan Arnold Over Alleged Misconduct

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The $17 billion financial firm fired chief executive Dan Arnold for allegedly violating the company’s code of conduct.

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Sen. Warren Blasts Advice Industry Over ‘Kickbacks’

Photo by Gage Skidmore via CC BY-SA 2.0

Conflicts of interest may be costing retirement savers $5 billion a year in fixed-index annuities, an investigation found.

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Toyota Invests $500 Million in Air Taxi Startup

Photo via Joby Aviation Photo

Toyota is investing $500 million into Joby Aviation, a California-based startup that wants to make flying taxis.

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OpenAI Closes Its Latest Funding Round with One Major Request

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As OpenAI wraps its latest funding round — a $6.6 billion raise at a $157 billion valuation — it’s asking financial backers for exclusivity.

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JPMorgan to Open Nearly 100 Chase Branches in Low-Income Neighborhoods

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JPMorgan Chase announced it will open nearly 100 brick-and-mortar locations in low-income inner-city and small-town American communities.

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Mastercard Buys Startup That Will Help You Manage Pesky Subscriptions

Photo via Connor Lin / The Daily Upside

Mastercard is acquiring Minna Technologies, which specializes in letting bank and card customers manage (and cancel) subscription services.

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PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

Photo by Ja San Miguel via Unsplash

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

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Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Photo by Daniel Shapiro via Unsplash

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

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Vanguard Sets Sights on Active Fixed Income

Photo via Connor Lin / The Daily Upside

Vanguard CEO Salim Ramji sees massive opportunities in active fixed income, and said it will play a larger role in retirement saving.

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Creative Planning Sells Minority Stake to TPG

Photo via Connor Lin / The Daily Upside

TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.

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Advisor Upside

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

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

Photo via U.S. Patent and Trademark Office

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

Photo via Rawpixel

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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