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 Jakub Kapusnak via Unsplash

Consumer

Eggs Break Consumers’ Wallets But Producer Stocks Are Sizzling

The Fed may have cracked inflation, but eggflation is proving harder to beat. Unsurprisingly, egg producer stocks are soaring.

2 min read
Photo via Nvidia Media Assets

Autos

Nvidia Wants to Be Indispensable to the Self-Driving Industry Also

After making itself an integral part of the supply chain for generative AI, Nvidia is eyeing other futuristic tech bets.

2 min read
Photo by JHVEPhoto via iStock

Consumer

After Blocked Merger, Albertsons Sues Kroger

A day after antitrust enforcers successfully blocked Albertsons’ planned sale to Kroger, the former filed a lawsuit against the latter.

2 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

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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