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 Forsaken Films via Unsplash

Industrials

Elliott Wants to Shake Up Southwest After Building $2 Billion Stake

Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.

2 min read
Photo credit: Steve Jurvetson/Flickr

Electric Vehicles

Volvo Looks to Skirt Chinese EV Tariffs by Moving Production to Belgium

The EU has a 10% tariff on EVs imported from China, but it could soon increase to 25% or 30%.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos via Freepik

Industrials

The Natural Diamond Industry is Cracking Up

The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?

5 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

Image Credit: iStock, tofumax

Consumer

Irish Fast-Food Upstart Keeps Sticking it to McDonald’s

The world’s largest fast food chain lost its “Big Mac” trademark for chicken sandwiches following a European Union court ruling.

1 min read
Image Credit: ESPN

Media & Entertainment

Massive Class-Action Antitrust Lawsuit Against NFL Kicks Off

The plaintiffs argue the league made an anti-competitive agreement forcing fans to pay for out-of-market broadcasts in one package.

2 min read
(Photo by Christopher Bill on Unsplash)

Healthcare

The UK’s Private Healthcare Market Is Bigger Than Ever

Last year saw the highest private in-patient admissions since records began, totaling roughly 900,000, a 7% increase from 2022.

1 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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