Industries

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

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Industrials

Where is the Bottom for Boeing?

Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.

2 min read
Photo by Moonik via CC BY-SA 3.0

Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 min read
Photo by Lorie Shaull via CC BY 2.0

Media & Entertainment

WWE and UFC Parent Group TKO Takes Another Big Swing

TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.

1 min read

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

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

Photo via U.S. Patent and Trademark Office

Patent Drop

Lyft Patent Puts Self-Driving Cars to the Test

Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.

2 min read
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Media & Entertainment

Netflix Has Won the Streaming Wars. So What Comes Next?

Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.

2 min read
Image Credit: iStock, BackyardProductions

Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

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

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