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 by Governor Tom Wolf via CC BY 2.0

Healthcare

Moderna Moves to Maintain its mRNA Momentum

The company’s stock ran higher after the company buoyed investors’ hopes that its technology will boost a lineup of new popular drugs.

2 min read
Photo by No Revisions via Unsplash

Consumer

Mondelez CEO Says Investors Don’t Care About Boycotting Russia

Dirk Van de Put said the company has received no pressure from shareholders to stop doing business with Russia.

1 min read
Photo by Leo_Visions via Unsplash

Autos

Luxury EV Startups Rivian and Lucid Face a Tough Road

The companies continue to lose massive amounts of money as consumers are turning to cheaper hybrids and traditional gas-powered vehicles.

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 via Connor Lin / The Daily Upside

Consumer

Shein and Temu’s Fast-Fashion Rivalry is Rocking the Air Freight Industry

The massive growth by both companies is crowding out other suppliers hoping to rely on cargo delivery planes.

2 min read
Photo by Mike Mozart via CC BY 2.0

Consumer

Walmart Finds a New Secret Weapon: E-Commerce

The company’s online sales topped 16% of total sales in its most recent quarter, its highest level yet.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Tesla Patent Gives its Cars Better Situational Awareness

Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.

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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