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 Eva Rinaldi via CC BY-SA 2.0

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read
Photo by Osarugue Igbinoba via Unsplash

Consumer

Italy Hits Dior and Armani with Antitrust Probe over Working Conditions

Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.

2 min read
Photo by Glenn Carstens-Peters via Unsplash

Media & Entertainment

Could Soaring Ad Revenue Save the Media Industry?

PricewaterhouseCoopers’ annual Global Entertainment & Media Outlook says the media industry has plenty of reasons for optimism.

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 via U.S. Patent and Trademark Office

Patent Drop

Roku Personalization Patent Highlights AI’s Growing Role in Entertainment

Roku wants to personalize movie night with generative AI.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Consumer

Can Nike Regain its Legendary Standing?

Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.

6 min read
Photo by Naveen Venkatesan via Unsplash

Media & Entertainment

NFL Moves Toward Allowing Private Equity into Ownership Groups

Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises

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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