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 Policy Exchange via CC BY 2.0

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

2 min read
Photo by Daniel Way via Unsplash

Consumer

Looking for a Safe Haven Investment? Drive Through the Golden Arches

As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.

2 min read
Photo by Michael Förtsch via Unsplash

Industries

China’s Electric Vehicle Revolution is Complete

Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.

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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