Industries

Consumer

Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

(Photo by James Frid on Pexels)

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
(Photo Credit: Yvette de Wit/Unsplash)

Media & Entertainment

Music Copyright Revenue Is Reaching a High Note

Annual global revenue generated by music copyrights has grown to $41.5 billion, the Financial Times reported.

1 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

Healthcare

Moderna Takes $1.3 Billion Hit From Sluggish Covid Vaccine Uptake

Photo by Ian Hutchinson via Unsplash

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
(Photo by Mathilde Langevin on Unsplash)

Industrials

Sugar Shortages Loom as Supply Gets Sticky

Logistical holdups at ports in Brazil combined with poor sugar crops in other major sugar-producing nations is stretching supply of the crop.

1 min read
(Photo by Connor Lin/The Daily Upside)

Artificial Intelligence

Microsoft’s AI News Poll Ticks Off UK Newspaper

The Guardian submitted a complaint to Microsoft on Tuesday after a grotesquely inappropriate AI-generated poll next to a Guardian article.

2 min read

Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

(Photo by Harry Cunningham on Pexels)

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

2 min read

Media & Entertainment

WPP Slashes Profit Outlook After Sluggish Quarter

(Photo via WPP Media Library)

WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.

1 min read

(Photo by U.S. Department of Agriculture under Public Domain Mark 1.0)

Autos

GM Sputters Through Latest Earnings Report

The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.

2 min read
(Photo by SpaceX on Unsplash)

Industrials

Elon Musk and the EU are Going to Space Together

The European Space Agency has contracted Elon Musk’s SpaceX to launch navigation satellites next year, The Wall Street Journal reported.

1 min read
(Photo by Marius Christensen on Unsplash)

Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

2 min read

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