Industries

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

Patent Drop

Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Photo by smoothgroover22 under CC BY-SA 2.0

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

3 min read

(Photo by Tony Webster under CC BY-SA 2.0)

Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

1 min read
(Photo credit: CDC/Unsplash)

Healthcare

Corporate America is Fretting the Rising Costs of Employee Healthcare

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

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

Electric Vehicles

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

1 min read

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