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 Credit: Yvette de Wit/Unsplash)

Media & Entertainment

Music Copyright Revenue Is Reaching a High Note

Annual global revenue generated by music copyrights has grown to $41.5 billion, the Financial Times reported.

1 min read
(Photo Credit: Zhang Kaiyv/Unsplash)

Consumer

Chinese Consumers Are Pulling Back on Big Western Brands

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

1 min read
Photo by Ian Hutchinson via Unsplash

Healthcare

Moderna Takes $1.3 Billion Hit From Sluggish Covid Vaccine Uptake

Moderna posted a quarterly loss of $3.63 billion, half of which was accounted for by unused Covid-19 shots past their expiration date.

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 Mathilde Langevin on Unsplash)

Industrials

Sugar Shortages Loom as Supply Gets Sticky

Logistical holdups at ports in Brazil combined with poor sugar crops in other major sugar-producing nations is stretching supply of the crop.

1 min read
(Photo by Connor Lin/The Daily Upside)

Artificial Intelligence

Microsoft’s AI News Poll Ticks Off UK Newspaper

The Guardian submitted a complaint to Microsoft on Tuesday after a grotesquely inappropriate AI-generated poll next to a Guardian article.

2 min read
(Photo by Harry Cunningham on Pexels)

Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

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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