Industries

Inflation & Prices

Walmart Blames Upcoming Price Hikes on Tariffs

Photo by David Montero via Unsplash

Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.

2 min read

(Photo by Impuls Q on Unsplash)

Healthcare

Amazon Offers Prime Members a Discount For its Posh Healthcare Service

Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

1 min read
(Photo by Chase Yi on Unsplash)

Media & Entertainment

Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

2 min read
(Photo by James Frid on Pexels)

Consumer

Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.

1 min read

Industries

Thinning Cattle Herds Drive US Beef Prices to Record Highs

Photo by Monika Kubala via Unsplash

US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.

2 min read

(Photo Credit: Yvette de Wit/Unsplash)

Media & Entertainment

Music Copyright Revenue Is Reaching a High Note

Annual global revenue generated by music copyrights has grown to $41.5 billion, the Financial Times reported.

1 min read
(Photo Credit: Zhang Kaiyv/Unsplash)

Consumer

Chinese Consumers Are Pulling Back on Big Western Brands

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

1 min read
Photo by Ian Hutchinson via Unsplash

Healthcare

Moderna Takes $1.3 Billion Hit From Sluggish Covid Vaccine Uptake

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

Consumer

Airbnb Reinvents Itself to Regain Rizz

Photo by Raysonho via CC0 1.0

Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.

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
(Photo by Harry Cunningham on Pexels)

Energy

Biden’s Ambitions for Offshore Wind Are High, Maybe Not Realistic

On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.

2 min read

Industries

Elon Musk’s Boring Company Gets Bite at Major Amtrak Contract

Photo by Steve Jurvetson via CC BY 2.0

Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.

2 min read

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