The Daily Upside

RealPage Sued by Justice Department for Alleged Rent Price-Fixing

Image Credit: iStock, JHVEPhoto

The DoJ launched an antitrust lawsuit against Thoma Bravo’s RealPage for allegedly helping property managers conspire to drive up rent.

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A Small Union Win Casts a Big Shadow Over Amazon

Photo by Todd Van Hoosear via CC BY-SA 2.0

Prosecutors for the NLRB concluded that a group of 84 unionized Amazon drivers in Palmdale, California are employed by Amazon.

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Silicon Valley Incubator Backs Its First Defense Company

Image Credit: iStock, Austin Nooe

Y Combinator is backing Ares Industries, a defense company that builds “low-cost cruise missiles.” It previously avoided the defense market.

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RV Having Fun Yet? The Ups and Downs of Camper Economics

Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

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Is Peloton’s Turnaround Plan Finally Working?

Photo by Phillip Pessar via CC BY 2.0

Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.

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The EU Wants to Make Its Bankers More Fireable

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The German government is planning to make it easier for companies in the financial sector to fire high-earning employees.

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Canadian Railway Shutdown Threatens US Supply Chains

Photo by Sangkeun Park via CC BY-SA 4.0

Canadian National Railway and Canadian Pacific Kansas City came to a halt after locking out 9,300 employees over a contract dispute.

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Electronic Arts’ Patent Highlights Risks and Rewards of AI in Game Development

Photo via U.S. Patent and Trademark Office

Though generative AI could make game development faster and easier, the industry is divided on where AI fits into the picture.

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Philips Patent Predicts ER Delays Amid Healthcare Staffing Shortage

Photo via U.S. Patent and Trademark Office

Philips’ latest patent could predict how long you’ll be in the waiting room.

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Meta Glucose Measurement Patent May Face Data-Collection Obstacles

Photo via U.S. Patent and Trademark Office

A recent Meta patent aims to measure your glucose through light reflections in your eyes.

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China Wants International Investors Kept in the Dark

Photo by N509FZ via CC BY-SA 4.0

Authorities in Beijing have begun hiding daily investment data from foreign investors looking to gain insights into the market.

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State Street to Tokenize Real-World Assets for Institutional Investors

Photo by Pierre Borthiry via Unsplash

Legacy firms are recognizing the importance of crypto and diving deep into blockchain technology to help institutional investors.

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This ETF Is the Most Volatile in the US

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A new exchange-traded fund that tracks a stock closely correlated to Bitcoin has just become the most volatile in the US.

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US Coal Miners Arch and Consol to Combine Into $5.2 Billion Giant

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Arch Resources and Consol Energy announced plans for a merger to create a new $5.2 billion coal giant called Core Natural Resources.

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Target and TJ Maxx Win Big By Keeping Prices Low

Photo by Ajay Suresh via CC BY 2.0

Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.

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Big Tech’s AI Fever Could Kill Its ESG Credentials

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Big Tech companies have reportedly found a workaround in the carbon credit system to downplay their greenhouse gas emissions.

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Wells Fargo Sells Most of Its Commercial Real Estate Servicing Business

Photo by NoeHill via CC BY-SA 3.0

Wells Fargo said Tuesday that it will sell most of its commercial mortgage servicing business to Trimont, a global loan services provider.

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Disney Faces Regulatory Roadblocks in Global Sports Push

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Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.

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The EU’s EV Tariffs Favor Tesla, But Maybe Not Enough

Photo by Ganesh Mohan T via CC BY-SA 4.0

The European Commission on Tuesday solidified new tariffs for electric vehicles imported from China. The actual numbers aren’t harsh.

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SEC Sends Message Over Off-Channel Communications

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Advisory firms are having to pay hefty fines if they get caught discussing business matters on personal devices.

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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’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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