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

(Photo by Wes Hicks on Unsplash)

Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read
(Photo by Andrea Davis on Unsplash)

Industries

Airbnb’s CEO Wants a Customer Do-Over

In an interview with Bloomberg, CEO Brian Chesky laid out how Airbnb has been rocked by user dissatisfaction and tighter regulation.

1 min read
(Photo Credit: Louis Hansel/Unsplash)

Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

Despite widespread monetary rain clouds pushing up the cost of beer and food, drinkers are showing up in record numbers to Oktoberfest.

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 by Andre Ouellet on Unsplash)

Industries

Could Air Travel Be Big Business for Corn Ethanol Farmers?

Ethanol has been good to corn farmers. But when everybody starts switching to electric vehicles, where’s all that maize going to go?

1 min read
(Photo by Martin Sanchez on Unsplash)

Industrials

US Finds Funds to Help Fix Lacking Railroad Infrastructure

While many agree US railroads desperately need refurbishing, some question why federal dollars should support a highly privatized industry.

1 min read
(Photo Credit: Visual Karsa/Unsplash)

Consumer

McDonald’s Franchisees Served Service Fee Hike for First Time in Decades

McDonald’s has had a tenuous relationship with its franchise operators as of late. A new round of royalty fee hikes isn’t likely to help.

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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