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 Brad Killen via Unsplash)

Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
(Photo by Bill Abbott via CC BY-SA 2.0)

Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read
(Photo by National Cancer Institute on Unsplash)

Big Tech

Amazon’s Healthcare Dreams Are Fractured

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

2 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 credit: CDC/Unsplash)

Indicators

Healthcare Hiring Boom Buoys Job Market

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read
(Photo Credit: Andrew Roberts/Unsplash)

Autos

Toyota’s Hybrids Are Having a Moment

Tesla has gone all-in on electric vehicles, but Toyota is getting to say “I told you so” with its focus on hybrids.

2 min read
Photo by Kelly Sikkema/Unsplash

Industrials

The UN Wants You to Eat Less Meat

The UN’s is expected to deliver a comprehensive road map to realign global food systems with carbon-emissions goals.

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

(Photo by Yaroslav Muzychenko on Unsplash)

Industrials

Private Jets Belonging to Celebs and Execs Rack Up Years In Flight Time

Private jets belonging to a group of just 200 celebrities and executives have racked up 11 years’ worth of flight time since 2022.

1 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

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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