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 Ja San Miguel via Unsplash

Consumer

PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

1 min read
Photo by Daniel Shapiro via Unsplash

Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read
Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

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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