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 via U.S. Patent and Trademark Office

Patent Drop

Electronic Arts’ Patent Highlights Risks and Rewards of AI in Game Development

Though generative AI could make game development faster and easier, the industry is divided on where AI fits into the picture.

2 min read
Photo by Elimende Inagella via Unsplash

Energy

US Coal Miners Arch and Consol to Combine Into $5.2 Billion Giant

Arch Resources and Consol Energy announced plans for a merger to create a new $5.2 billion coal giant called Core Natural Resources.

1 min read
Photo by Ajay Suresh via CC BY 2.0

Consumer

Target and TJ Maxx Win Big By Keeping Prices Low

Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.

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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