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 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%.

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Photo by Thibault Penin via Unsplash

Media & Entertainment

Amazon Wants in on Regional Sports Networks

It took a few extra innings, but Amazon and Main Street Sports Group have finally come to an agreement after a year of circling each other.

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Photo via Nikola

Electric Vehicles

Nikola Files for Bankruptcy. What’s Next for the Electric Semi-Truck Industry?

There are signs that the emissions-free long haul semi-truck industry is slowly but surely picking up momentum, with or without Nikola.

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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