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 illustration by Connor Lin / The Daily Upside, Photo by Olga Kurbatova via iStock

Media & Entertainment

Hollywood Outgrew Los Angeles. Now It’s Outgrowing America.

As US-based streaming platforms chase audiences around the world, they’re increasingly committing to international productions.

6 min read
Photo by Szabo Viktor via Unsplash

Media & Entertainment

YouTube Is Beating Spotify in the Podcast Wars

On Wednesday, Bloomberg reported that one billion people are watching podcasts on the Google-owned YouTube every month.

2 min read
Photo by Air Force Staff Sgt. Brittany A. Chase, DOD via Public Domain Mark 1.0

Industries

US Defense Spending Falls Out of Lockstep With Europe

European leaders are gearing up for the possibility of a sudden America-shaped hole in the Ukraine defense budget.

1 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, Photo by Grinvalds via iStock

Artificial Intelligence

Whatever Happened to All Those AI Copyright Lawsuits?

Last Tuesday, content conglomerate Thomson Reuters notched a big legal win against AI firm ROSS. Is it a sign of what’s to come?

5 min read
Photo by Ajay Suresh via CC BY 2.0

Industrials

De Beers Gets a $2.9 Billion Writedown

De Beers, one of the largest companies in the diamond mining sector, has been battered by the ascendance of cheaper lab-grown gems.

1 min read
Photo by Erik Mclean via Pexels

Consumer

Guidance Overshadows Growth as Walmart Shares Go Tumbling

Walmart said Thursday that it made a record $681 billion in sales, and yet its shares had their worst day in three years, tumbling 6.5%.

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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