Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is Lead 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.

Consumer

Uber Takes a U-Turn Back to Unprofitability

Photo by Ilya Plekhanov via CC BY-SA 4.0

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 min read
Media & Entertainment

Disney’s Streaming Unit is Finally (Sort of) Profitable

Photo by Anthony Quintano via CC BY 2.0

The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.

2 min read
Blockchain

Robinhood’s Crypto Unit Receives SEC Wells Notice

Photo via Connor Lin / The Daily Upside

The move follows the SEC’s suit against crypto exchange Coinbase for allegedly operating an unregistered securities exchange.

2 min read
Energy

Shell Sold Millions of ‘Phantom’ Carbon Credits

Photo by Flickr via CC BY 1.0

Oil industry titan Shell has sold millions of carbon credits linked to CO2 removal that never actually occurred, the Financial Times found.

2 min read
Banking

UBS Mulls a Massive Cost-Cutting

Photo by Claudio Schwarz via Unsplash

The slow integration of Credit Suisse has only exacerbated existing problems with UBS’s asset management unit.

1 min read
Media & Entertainment

Cable Dispute Blacks Out MLB Games in 15 US Markets

Photo by Andy Witchger via CC BY 2.0

As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.

2 min read
Regulation

FTC Challenges Hundreds of Pharma Patents

Photo by Chemist4U via CC BY-SA 2.0

The regulator sees some patents as ploys to keep companies from developing cheaper generic versions of 20 different brand-name drugs.

2 min read
Media & Entertainment

Paramount Ousts CEO Amid Sale Effort

Photo via Hannah Wernecke

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

2 min read
Consumer

Blade to Launch Hamptons-Bound Luxury Bus Line

Photo by Sue Elias via CC BY 2.0

Tickets start at $195, with passengers treated to free Sweetgreen salads and espresso martinis.

1 min read
Markets

General Catalyst Closes $6 Billion Fund

Photo by Hardik Pandya via Unsplash

It’s a possible sign that the VC industry’s newest chapter is a story of the haves and have-nots.

2 min read
Media & Entertainment

America’s Shortening Attention Spans are Corporate Gold

Photo illustration by Connor Lin / The Daily Upside, Photo by Tohamina via Freepik

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

5 min read
Regulation

FCC Votes to Restore Net Neutrality

Photo by Internet Education Foundation via CC BY-SA 2.0

When the rules are in place, internet service providers must allow equal access to all websites and domains.

2 min read
Personal Finance

The Small Business Bankruptcy Surge is a Race Against the Clock

Photo by Melinda Gimpel via Unsplash

A special $7.5 million debt threshold for filing is due to expire in June, when it will revert to the previous $2.7 million limit.

2 min read
Healthcare

Moderna Is Fighting Pfizer, BioNTech over mRNA Patent

Photo by U.S. Air Force Senior Airman Eugene Oliver via Public Domain Mark 1.0

Moderna says it was willing to licence the tech but now wants to be repaid by rivals for vaccine revenue generated since then.

2 min read
Markets

Bigger Is Still Better in the S&P 500

Photo by Jason Briscoe via Unsplash

The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.

2 min read
Electric Vehicles

Tesla’s Stock Has Hit the Skids

Photo by Jakob Härter via CC BY-SA 2.0

Shares are at a 15-month low amid a pile-up of bad news, as analysts call for a course correction, and production woes continue to mount.

2 min read
Industrials

Boeing Battles Dual Congressional Hearings

Photo by Eric Friedebach via CC BY 2.0

Experts testified in one hearing about whether the company had improved safety and compliance procedures since two major crashes.

2 min read
Economics

US Growth to Lap G7 Peers, IMF Predicts

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

The US economy will grow twice as fast as any of its major Western peers this year.

2 min read
Banking

Goldman Sachs Leans On ‘Core Strengths’ to Crush Q1 Earnings

Photo by Maryland GovPics via CC BY 2.0

In the first three months of the year, the investment bank scored a 16% jump in revenue and $4.1 billion in net income, a 28% rise.

2 min read
Inflation & Prices

Rent, Car Insurance Are Keeping Inflation High

Photo by Denys Nevozhai via Unsplash

Our new high-tech vehicles are becoming pricier to repair, and we’re getting in more accidents than ever before.

2 min read

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