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 Oh Taeyeon via Unsplash

Energy

Utility Stocks Surge on AI and Cloud Computing Boom

In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.

1 min read
Photo by Farragutful via CC BY-SA 4.0

Consumer

Target Slashes Prices to Entice Shoppers Tired of High Prices

The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.

2 min read
Photo by Fin vs Fin via CC BY 2.0

Healthcare

Hims & Hers Stock Jumps On New Discount Weight-Loss Drug Offering

A loophole lets the company create a back-door offering of a generic drug before the patents of Novo Nordisk and Eli Lilly expire.

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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