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 illustration by Connor Lin / The Daily Upside

Consumer

Can Rideshare Giant Uber Sustain its Recent Success?

Uber, finally having achieved sustainable levels of market dominance, may just be facing its biggest roadblocks yet.

5 min read
Photo by Katie Cerami via Pexels

Regulation

Biden Wants to Tax Private Jets

The Biden administration is pushing hard to put an end to cushy tax breaks companies can accrue from private jets.

2 min read
Photo by Colton Jones via Unsplash

Media & Entertainment

Nelson Peltz Scores Major Ally in Disney Fight

Activist investor Nelson Peltz has earned a huge win in his protracted battle of wills with Disney CEO Bob Iger.

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

Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
Photo by Flickr via CC BY 1.0

Energy

Shell Backtracks Again on Climate Targets

The energy titan has extended the timeline for its plan to reduce its “carbon intensity.”

2 min read
Photo by Andreas Gücklhorn via Unsplash

Energy

Cheap Chinese Solar Panels Are Flooding the US Market

Despite tariffs, the US imported a record number of panels through November of last year.

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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