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 Austin Hervias via Unsplash

Autos

Tesla Recalls Almost All US Cars Over Self-Driving Woes

Safety regulators said the company’s famed Autopilot driving system had insufficient safeguards to avoid accidents.

2 min read
Photo by Andy Wang via Unsplash

Big Tech

Apple Faces EU Punishment for App Store ‘Bullying’

The European Union is preparing to levy a hefty fine against Apple and ban some of its App Store practices, according to Bloomberg.

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

Patent Drop

Tesla Strengthens AI Vision Models for Self-Driving

The tech could prevent the phantom braking problem which Tesla vehicles are notorious for.

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

Photo by Artturi Jalli via Unsplash

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
Photo by Joshua Bartell via Unsplash

Industries

Big Tobacco’s Big Problem: The US Isn’t Lighting Up

British American Tobacco shares dropped to a 12-year low after the company announced a $31.5 billion write-down for some of its brands.

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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