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 Kentaro IEMOTO via CC BY-SA 2.0

Electric Vehicles

Baidu’s Robotaxi Nears Profitability, While US Peers Are Stuck in Neutral

The company started operating some fully driverless robotaxi rides in September 2023, and said 45% of Q4 orders were fully driverless models.

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

Patent Drop

Hyundai Patent Aims to Build Trust in Self-Driving Cars

As AI takes the wheel, Hyundai wants to make sure backseat drivers are comfortable.

2 min read
Photo by Mike Mozart via CC BY 2.0

Media & Entertainment

Comcast is Building a Streaming Bundle with Peacock, Netflix, Apple TV+

Comcast announced it would soon launch a new bundle that would package together its streaming service Peacock with Netflix and Apple TV+.

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

Photo illustration by Connor Lin / The Daily Upside

Consumer

Temu Gets Spooked by Possible TikTok Ban

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read
Photo by Maria Lupan via Unsplash

Energy

US Oil Industry Faces Wave of Antitrust Trouble

US shale producers are on the receiving end of a wild well of class-action lawsuits alleging anticompetitive behavior.

2 min read
Photo by Michael Förtsch via Unsplash

Electric Vehicles

Biden Reportedly Planning a 100% Tariff on Chinese EVs

But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.

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 illustration by Connor Lin / The Daily Upside

Energy

Can We Solve Climate Change by Suing Polluters?

Climate litigation is rapidly transforming to offer the promise of big victories and big cash prizes for lawyers.

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

Patent Drop

Honda May Bet on Carbon Removal to Clean its Factories

Honda may be placing its hopes on carbon capture to reach bold net-zero goals – despite the tech’s high price tag.

2 min read
Photo by Ilya Plekhanov via CC BY-SA 4.0

Consumer

Uber Takes a U-Turn Back to Unprofitability

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 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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