Industries

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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Healthcare

Weight-Loss Drugs Might Not Tank Medicare After All

New estimates say that Medicare will spend tens of billions of dollars over nine years to cover weight-loss drugs.

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Healthcare

Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

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Photo by Train Fan via CC BY-SA 4.0

Consumer

7-Eleven Parent Company Has a New Plan to Ward off Couche-Tard’s Takeover

As the takeover bid from Couche-Tard heats up, Seven & i Holdings announced a plan to split its business in two.

2 min read

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Photo by Policy Exchange via CC BY 2.0

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

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Consumer

Looking for a Safe Haven Investment? Drive Through the Golden Arches

Photo by Daniel Way via Unsplash

As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.

2 min read

Industries

China’s Electric Vehicle Revolution is Complete

Photo by Michael Förtsch via Unsplash

Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.

2 min read

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