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 Anheuser-Busch

Consumer

Anheuser-Busch Employees Are Pushing Back on Huge Marketing Spend

Workers that could strike as early as Thursday would like to see the company put more of its cash toward their wages.

1 min read
Photo by Vladan Raznatovic via Unsplash

Consumer

Macy’s to Shutter 150 Stores to Focus on Boosting Upscale Brands

The company will close underperforming locations while it grows its luxury Bloomingdale’s and BlueMercury outlets.

1 min read
Photo by Portuguese Gravity via Unsplash

Industrials

Ryanair’s Short Honeymoon with Boeing Appears to Be Over

The European budget airline says it will seek compensation due to Boeing not delivering as many planes as promised.

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

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

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