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.

Industries

Economic Slowdown Isn’t Hurting Law Firm Bonuses

Photo by Tingey Injury Law Firm via Unsplash

As 2023 wound to a close, major law firms across the US doled out hefty bonuses and annual raises, according to the Financial Times.

1 min read
Regulation

Lina Khan’s Square Deal: How the FTC is redefining antitrust for a populist age

Photo by New America via CC BY 2.0

After a lengthy process, the FTC and the DoJ recently released new guidelines for evaluating the legality of mergers and acquisitions.

5 min read
M&A

Dealmakers Fall Short of Decade-long Standard

Photo by Minh Nguyen via CC BY-SA 4.0

For the first time in exactly 10 years, Wall Street dealmakers will fall short of facilitating at least $3 trillion worth of deals.

1 min read
Banking

Big Banks Rethink Business Divisions New and Old

Photo by Minh Nguyen via CC BY-SA 4.0

1 min read
Artificial Intelligence

Top UK Court Rules AI Can’t Be ‘Inventors’

Photo by Cary Bass-Deschenes via CC BY-SA 2.0

UK’s top court ruled that AI programs cannot be named as an inventor of patents. Fair or not, humans sneer at the work of non-humans.

1 min read
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

Photo by Jason Briscoe via Unsplash

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

Photo by Phil Hearing via Unsplash

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

Photo by Sam Valadi via CC BY 2.0

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

Photo by Austin Hervias via Unsplash

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’

Photo by Andy Wang via Unsplash

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

Photo by APK via CC BY-SA 3.0

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

Photo by David Thielen via Unsplash

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

Photo by APK via CC BY-SA 3.0

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

Photo by Eesan1969 via CC BY-SA 4.0

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

Photo by Ian Hutchinson via Unsplash

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

Photo by Raymond Kotewicz via Unsplash

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

1 min read

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