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 Hudson Institute under CC BY 2.0)

Media & Entertainment

Rupert Murdoch Steps Back from Fox, News Corp

Unfortunately for the Lachlan Murdoch there is not much by way of peace in the kingdom, and indications are this may be a short reigns.

2 min read
(Photo by Akhilesh Sharma on Unsplash)

Geopolitics

G7 Plans Russian Diamond Crackdown, Industry Says ‘Not so Fast’

A G7 plan to crack down on sanctioned Russian diamonds has run into resistance from some of the industry’s biggest players.

2 min read
(Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0)

Inflation & Prices

Pesky Oil Prices Are Messing With Fed’s Ability to Stick the Landing

Federal Reserve chair Jerome Powell has met his match in the ongoing fight against inflation: skyrocketing oil costs.

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

(Photo by Martin Geiger on Unsplash)

Electric Vehicles

Saudi Arabia Reportedly Wooing Tesla for New Factory, Musk Denies It

2 min read
(Photo Credit: Oscar Ochoa/Unsplash)

Industrials

Agriculture Titans Are In a Head-to-Head Battle for America’s Soy Farmers

2 min read
(Photo credit: Andrew Miller/Unsplash)

Energy

Production Slowdowns are Making a Luxury Item Out of Diesel

1 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 Gage Skidmore under CC BY-SA 2.0)

Media & Entertainment

Hipgnosis to Sell Nearly Half a Billion Dollars in Music Rights

2 min read
(Photo by Paul Arrington on CC BY 2.0)

Media & Entertainment

Cyber Attack Continues to Roil MGM’s Vegas Operations

1 min read
OP-ED | Power Corridor

Oil Targets $100, Weighing on U.S. Presidential Election

Energy prices are spiraling higher – what could it mean for 2024?

3 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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