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 John Middelkoop via Unsplash

Consumer

Climate Change Insurance Startup Arbol Raises $60 Million

The new fundraising comes just a month after Arbol spun up a subsidiary catering to homeowners in US coastal communities

2 min read
Photo by Lucas van Oort via Unsplash

Consumer

McDonald’s May Have to Tap Out on Raising Prices

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
Photo via Hannah Wernecke

Media & Entertainment

Paramount Ousts CEO Amid Sale Effort

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

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

Photo by Sue Elias via CC BY 2.0

Consumer

Blade to Launch Hamptons-Bound Luxury Bus Line

Tickets start at $195, with passengers treated to free Sweetgreen salads and espresso martinis.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Tohamina via Freepik

Media & Entertainment

America’s Shortening Attention Spans are Corporate Gold

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

5 min read
Photo by Manuel Pappacena via Unsplash

Autos

A Mercedes With Autonomous Driving Just Hit the US Market

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

1 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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