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 Etienne Girardet via Unsplash

Energy

US Dithering on Hydrogen Gives Foreign Investment a Way In

The Abu Dhabi National Oil Company (ADNOC) signed a deal with Exxon to buy a 35% share of a new hydrogen plant just outside Houston, Texas.

1 min read
Photo by Anastasia Nelen via Unsplash

Healthcare

Pfizer on Opposite Sides of Two Promising Vaccine Trials

Data from two promising vaccine trials heralded potential breakthroughs in the treatment of pneumococcal infection and Lyme disease.

1 min read
Image Credit: iStock, Nadezhda1906

Consumer

Back-to-School Spending Is Flat or Falling, Depending on Whom You Ask

Early data this year suggests back-to-school season spending is either flat from last year, or took a slight dip.

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

Photo by Harrison Keely via CC BY 4.0

Energy

Exxon Sees Oil Demand in 2050 Unchanged, Testing Net Zero Goals

ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.

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

Patent Drop

Roku Patent Balances Ad Output as Streaming Industry Plateaus

The tech aims to walk a fine line of not overloading customers with bad ads as several streamers launch their own ad-supported tiers.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

Autos

RV Having Fun Yet? The Ups and Downs of Camper Economics

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

5 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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