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 via Peloton

Consumer

The Private-Equity Takeover Bell Is Tolling for Peloton

At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.

1 min read
Photo by Anthony Quintano via CC BY 2.0

Media & Entertainment

Disney’s Streaming Unit is Finally (Sort of) Profitable

The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.

2 min read
Photo by Hobi Industri via Unsplash

Consumer

Brick-and-Mortar Stores Start Leaning into Online Shopping

In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.

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

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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