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 Steve Jurvetson via CC BY 2.0

Industries

The Brain Tech Business Keeps Getting Buzzier

The neural interface market is full of startups vying to put technology into the human brain, but which will actually make brains a business?

5 min read
(Photo by Donreál Lunkin on Unsplash)

Media & Entertainment

AMC Swung to a Profit, Still Needs More Cash

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

1 min read
(Photo by Ross Sokolovski on Unsplash)

Industrials

American Airlines Is Trying to Poach All the Industry’s Pilots

To combat a crippling pilot shortage, PSA Airlines is dangling bonus packages worth $250,000 to lure pilots.

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 Chase Yi on Unsplash)

Media & Entertainment

Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

2 min read
(Photo by James Frid on Pexels)

Consumer

Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.

1 min read
(Photo by Jacob Rice/Unsplash)

Media & Entertainment

Money Talks: The NCAA’s NIL Era is Already Evolving

This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

6 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 Credit: Zhang Kaiyv/Unsplash)

Consumer

Chinese Consumers Are Pulling Back on Big Western Brands

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

1 min read
Photo by Ian Hutchinson via Unsplash

Healthcare

Moderna Takes $1.3 Billion Hit From Sluggish Covid Vaccine Uptake

Moderna posted a quarterly loss of $3.63 billion, half of which was accounted for by unused Covid-19 shots past their expiration date.

2 min read
(Photo by Ben White on Unsplash)

Consumer

Starbucks, Coffee Drinkers Don’t Have Time for a Struggling Economy

Shares of Starbucks jumped more than 9% Thursday after the company posted better-than-expected Q4 earnings.

1 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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