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 Simone Hutsch via Unsplash

Energy

OPEC+ Is Losing Market Share as Oil Demand Starts to Slip

OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Microsoft May Turn to Cryogenic Energy to Power Data Centers

Microsoft’s latest patent may keep its data centers cool and its energy even cooler.

3 min read
Photo by Marco Verch via CC BY 2.0

Healthcare

Pfizer Built a Covid Empire, But the World Has Moved On

Pfizer’s stock slumped its lowest level in more than 10 years. The world’s moved on from the pandemic, and nobody loves you when you’re down.

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

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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