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 Michael Förtsch via Unsplash

Autos

With Too Many EVs, Chinese Carmakers Look to Foreign Markets

Demand has been slowing domestically, so Chinese companies are looking abroad to keep sales growing.

2 min read
Photo by Maxx@night via CC BY 2.0

Autos

GM Expands Hands-Free Driving Range as Industry Recalls Persist

The company’s Cruise now has double the road for autonomous driving, but many consumers continue to have safety concerns.

2 min read
Photo by National Cancer Institute via Unsplash

Healthcare

FTC, US Health Dept Launch Probe Over Chemo Drug Shortages

The investigation is targeting so-called middlemen that broker deals between hospitals and pharmaceutical companies.

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 Egor Kamelev via Pexels

Healthcare

Psychedelic Biotech Firms Record Major Fundraising Mark

The growing sector scored its second-highest month ever for total money-raising.

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

Patent Drop

Baidu’s Data Generation Tech May Sharpen its Self-Driving Reflexes

Baidu’s patent to tune up self-driving cars could help its fleet account for crazy drivers.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Media & Entertainment

Will Hollywood’s Labor Peace Be Short-Lived?

This year, a slew of unions representing Hollywood’s less heralded below-the-line workers have their turn at the negotiating table

5 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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