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

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Consumer

Temu Is Leaning on Boomers to Storm the US

Boomers are ahead of younger generations in embracing from the Chinese e-commerce marketplace.

1 min read
Photo by Paulo JC Nogueira via CC BY-SA 3.0

Consumer

Macy’s Rejects $5.8 Billion Buyout Offer

The retailer questioned how the proposed deal would be financed, but it may just be delaying the inevitable.

2 min read
Photo by Nick Philly via CC BY-SA 4.0

Media & Entertainment

Musicians Could Be Next to Disturb Hollywood’s Labor Peace

In the wake of monthslong work stoppages by both writers and actors, musicians prepare to negotiate over similar issues.

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

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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