Industries

Healthcare

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

Photo by Chemist4U via CC BY-SA 2.0

Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.

2 min read

Photo by Raph_PH via CC BY 2.0

Big Tech

TikTok is Ditching Music Streaming — But Spotify Can’t Relax

TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.

2 min read
Photo by Drew Dau via Unsplash

Autos

The Biden Administration’s War on Chinese Cars Just Got Bigger

The Biden administration is introducing a ban on both hardware and software for “connected vehicles” from China and, incidentally, Russia.

1 min read
Photo by Wim van’t Einde via Unsplash

Energy

Big Banks Promise to Back Nuclear Energy

A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.

1 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

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

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.

2 min read

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