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 Gilberto Marques via CC BY 2.0

Electric Vehicles

Chinese Carmakers Face Potential EU Tariff Hike. Most Don’t Look Too Scared.

One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.

2 min read
Image Credit: iStock images, David Tran

Consumer

Boston Beer Co. May Be Swallowed by Japanese Whiskey Giant

The brewer is reportedly in early talks to sell to Japan’s Suntory, which owns American spirits brands Jim Beam and Maker’s Mark.

2 min read
(Photo by freestocks via Unsplash)

Media & Entertainment

Hollywood Streamers Suddenly Want to Pay Stars Like the Good Old Days

The big services are working on a structure that will weigh factors such as viewership time, production budget, and new subscriptions added.

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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