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 via U.S. Patent and Trademark Office

Patent Drop

Toyota Carbon-Tracking Patent Could Incentivize EV, Hybrid Buyers

“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”

2 min read
Photo by Sven Piper via Unsplash

Industries

Boeing Taps New CEO to Navigate Cloudy Skies, Multibillion-Dollar Losses

Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.

2 min read
Photo by EEYAUT Waihung via CC BY-SA 4.0

Electric Vehicles

BYD Finds an American Friend in Uber

Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.

1 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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