Industries

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

Photo by Daniel X. O’Neil via CC BY 2.0

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read

Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read
Photo by Coolcaesar via CC BY-SA 4.0

Healthcare

Merck Cautiously Enters GLP-1 Fray Via Licensing Deal With Chinese Drugmaker

By licensing a drug from Hansoh, Merck signaled that it isn’t prepared to fully challenge its rivals’ dominance in the GLP-1 space.

2 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Energy

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

2 min read

Consumer

Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Photo by Paolo V via CC BY 2.0

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

2 min read

Consumer

Eggs Break Consumers’ Wallets But Producer Stocks Are Sizzling

Photo by Jakub Kapusnak via Unsplash

The Fed may have cracked inflation, but eggflation is proving harder to beat. Unsurprisingly, egg producer stocks are soaring.

2 min read

Media & Entertainment

Advertising Agencies Consolidate in the Face of Big Tech

Photo by Wdstock via iStock

The transaction would create the world’s largest advertising agency — that is, if you don’t count Big Tech players like Google and Amazon.

1 min read

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