In 2025, airlines are expected to earn just $7.90 per passenger, yet total profits may reach $40 billion, according to IATA. As Boeing and Airbus struggled to raise production, airlines operated older aircrafts, increasing fuel and maintenance costs amidst rising demand.— economist.com

Warner Bros. Discovery (WBD) rejected Paramount’s bid and accepted Netflix’s offer for its streaming and studio assets. A key concern with Paramount’s proposal was the large amount of debt required. Antitrust authorities are expected to focus primarily on the paid streaming market when evaluating such mergers.—ft.com Market Data The U.S. paid streaming market shares (2025) … Continue reading Warner Bros. Discovery Chooses Netflix Over Paramount

Patents on semaglutide—the active ingredient in Wegovy and Ozempic, the widely popular weight-loss treatments made by Novo Nordisk, a Danish pharma giant, are due to expire next year.—economist.com    

GM’s imported vehicles have faced a 25% tariff since April, while automotive parts have had tariffs since May. These costs cut $1.1 billion from Q2 profit. GM has no immediate plan to raise prices to offset tariffs.—cnn.com  

Large construction firms in the United States (500+ workers) are four times more productive than firms with fewer than 20 workers. The industry has been slow to adopt robots that could handle tasks like bricklaying, welding, and material handling.—economist.com

Canada’s Hudson’s Bay Company plans to close all brick-and-mortar stores as it struggles with declining foot traffic amidst competition with online retailing.—reuters.com  

New tariffs on steel are increasing costs for companies like Pacific Coast Producers, which uses steel to package canned fruits and tomatoes for major U.S. grocers, hospitals, and schools. The company is now considering passing these additional costs on to buyers.—reuters.com