Industries

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

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Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

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Industries

The American Dream of Tiny Nuclear Power Plants Hangs By a Thread

Funding for startups developing small modular nuclear power plants looks like it’s beginning to dry up.

2 min read
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Media & Entertainment

Apple Plans to Incentivize Musicians to Upgrade Their Sound

Apple plans to incentivize artists to use Dolby Atmos spatial-sound technology in their recordings by giving them more platform weight.

2 min read
Photo by David Thielen via Unsplash

M&A

Occidental Petroleum Makes a Play for the Permian Basin

Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.

1 min read

Healthcare

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

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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 Connor Lin / The Daily Upside

M&A

Cigna and Humana Call Off Their Merger

Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.

1 min read
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Patent Drop

Boeing’s Patent Brings Explainable AI to Manufacturing

“We’re moving away from the black box,” said said Frederick Gertz, founder and CEO of enterprise AI company Collide Technology.

2 min read
Photo by Christian Wiediger via Unsplash

Consumer

Online Luxury Shopping Just Isn’t Cool Anymore

The e-commerce luxury market has taken a big dip, placing the platforms that focus on luxury goods in hot water.

1 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

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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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