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 Leo_Visions via Unsplash

Autos

Luxury EV Startups Rivian and Lucid Face a Tough Road

The companies continue to lose massive amounts of money as consumers are turning to cheaper hybrids and traditional gas-powered vehicles.

2 min read
Photo by Maximilian Ruther via Pexels

Industrials

Biden Executive Order Aims to Strengthen US Port Cybersecurity

The federal government fears that China-made equipment like cranes could be easy targets for cyber attacks.

2 min read
Photo via Connor Lin / The Daily Upside

Consumer

Shein and Temu’s Fast-Fashion Rivalry is Rocking the Air Freight Industry

The massive growth by both companies is crowding out other suppliers hoping to rely on cargo delivery planes.

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 via U.S. Patent and Trademark Office

Patent Drop

Tesla Patent Gives its Cars Better Situational Awareness

Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.

2 min read
Photo via ReAl

Energy

Balmy US Winter Sends Natural Gas Prices Plummeting

Supply is outstripping demand as a warm season has meant less need for heat.

1 min read
Photo by Michael Förtsch via Unsplash

Autos

With Too Many EVs, Chinese Carmakers Look to Foreign Markets

Demand has been slowing domestically, so Chinese companies are looking abroad to keep sales growing.

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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