Industries

Consumer

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

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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 Andrew Stickelman via Unsplash

Consumer

Amazon Sets up a Rival to Shein and Temu

Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.

2 min read
Photo by Jeff W via Unsplash

Energy

Oil Executives Predict US Production Dip If Acquisition Spree Continues

A quarterly survey by the Federal Reserve Bank of Dallas polls around 140 energy firm executives in Texas, Louisiana, and New Mexico.

1 min read
Photo by Haley Lawrence via Unsplash

Healthcare

Medicare to Cut Costs on 64 Drugs, May Influence Private Insurance Prices

The Department of Health announced this week that Medicare is cutting prices for dozens of prescription drugs that have outpaced inflation.

2 min read

Healthcare

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

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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

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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 Thomas Reaubourg via Unsplash

Energy

After Oil, the UAE Wants to be a Renewables Giant

With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Upklyak and Pikisuperstar via Freepik

Media & Entertainment

Does TV News Have a Home in the Streaming Era?

Big Tech loves movies, TV shows, and live sports. So why has it shown remarkably little appetite for the TV news business?

6 min read
Photo by Edmond Dantès via Pexels

Media & Entertainment

Polling Firm YouGov is Having a Surprisingly Bad Year

You’d think the biggest election year in history would be good news for pollsters. In the case of YouGov, you’d be wrong.

1 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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