Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is a senior reporter at The Daily Upside. His writing has previously appeared in outlets such as Vice, Slate, and The Los Angeles Times, where he was a contributing writer on the opinion section. He lives in Los Angeles.

Industrials

Maersk Reroutes Ships Amid Middle East Conflict

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Maersk announced all vessels due to sail through the Red Seas will be rerouted around Africa following attacks from Yemeni rebels.

2 min read
Personal Finance

More Americans Than Ever Own Stocks

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In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.

1 min read
Inflation & Prices

Falling Housing Costs May Start Cooling Off Overall Inflation

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While housing prices have skyrocketed in the past two years, the new year may bring a welcome relief to renters.

2 min read
Banking

Wall Street Takes Back Equity Underwriting Top Spots

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American firms like Goldman Sachs and JPMorgan have clawed their way back to the top of the global equity underwriting rankings.

1 min read
Big Tech

Amazon Scores Big Win in EU Tax Fight

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In a prime legal win for Amazon, the European Union’s top court ruled that it does not have to pay €250 million in alleged back taxes.

2 min read
Autos

Tesla Recalls Almost All US Cars Over Self-Driving Woes

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Safety regulators said the company’s famed Autopilot driving system had insufficient safeguards to avoid accidents.

2 min read
Big Tech

Apple Faces EU Punishment for App Store ‘Bullying’

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The European Union is preparing to levy a hefty fine against Apple and ban some of its App Store practices, according to Bloomberg.

1 min read
Real Estate

Wyndham Hotels Faces Hostile Takeover Campaign from Choice Hotels

Photo by Harrison Keely via CC BY 4.0

After numerous failed attempts at a friendly merger, Choice Hotels has launched a hostile takeover campaign for Wyndham.

1 min read
Hedge Funds

Hedge Funds are Pushing Back on SEC’s Short-Selling Rules

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Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.

1 min read
M&A

Occidental Petroleum Makes a Play for the Permian Basin

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Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.

1 min read
M&A

Cigna and Humana Call Off Their Merger

Photo via Connor Lin / The Daily Upside

Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.

1 min read
Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

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As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read
Artificial Intelligence

Google Soars Following Gemini AI Launch

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A day after Alphabet released Gemini, a new artificial intelligence platform, shares of the company jumped 5.3% on Thursday.

2 min read
Regulation

Washington Wants More Rules, Bankers Have Concerns

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Top bosses from eight major financial institutions appeared before a Senate committee to give their opinion on looming banking reforms.

2 min read
Regulation

The FTC Starts Probe of Exxon’s Pioneer Acquisition

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Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.

1 min read
M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Photo by Andres Ayrton via Pexels

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read
Inflation & Prices

Deflation Begins to Hit Durable Goods

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Slowing inflation usually means prices are rising, just not as fast as before. But now there is actual deflation.

2 min read
Big Tech

Meta Files Lawsuit Arguing FTC’s In-House Courts are Unconstitutional

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Meta on Thursday filed a lawsuit against the Federal Trade Commission arguing its in-house trials are unconstitutional.

2 min read
Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

Photo by Tdorante10 via CC BY-SA 4.0

Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read

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