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 Kanchanara on Unsplash)

Media & Entertainment

Crypto Exchange Bullish Buys Crypto News Site CoinDesk

CoinDesk was acquired in an all-cash deal by Bullish, a crypto exchange run by former NYSE president Tom Farley.

2 min read
(Photo by Declan Sun on Unsplash)

Consumer

McDonald’s Buys Back a Piece of Its China Business

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.

2 min read
(Photo by Josh Sorenson)

Industries

Airlines Prepare for Record Thanksgiving Travel

The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.

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

(Photo by Erik Mclean on Pexels)

Autos

Hyundai Says it Will Start Selling on Amazon

Hyundai will sell its cars directly on Amazon, marking the first major auto brand to list on the massive e-commerce platform.

1 min read
(Photo by Nguyễn Hiệp on Unsplash)

Healthcare

CRISPR Gene Therapy Gets First-Ever Regulatory OK

Casgevy, a CRISPR gene-editing therapy, has been authorized by UK authorities to treat people with two blood diseases..

2 min read
(Photo by Chris Peeters on Pexels)

Media & Entertainment

Formula One Fizzles Ahead of Big Vegas Event

There aren’t a lot of people willing to drive or fly to Las Vegas to watch Formula 1 racers drive to survive.

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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