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 Ministry of Communications of Brazil via CC BY 2.0

Electric Vehicles

Tesla Boosts Pay for US Factory Workers to Keep Unions at Bay

Production workers will get a wage increase that curiously follows a strong year for the autoworkers’ union.

1 min read
Photo by Gustavo Fring via Pexels

Energy

Renewable Energy Growth Is Speeding Up Nicely

The sector had its fastest growth ever in 2023, spurring hope that climate goals can be achieved.

2 min read
Photo by Thibault Penin via Unsplash

Media & Entertainment

Amazon Axes Hundreds of Employees Across Streaming Business

Amazon has announced hundreds of layoffs across its Prime Video, TV and film studios, and Twitch businesses.

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

Photo by Y S via Unsplash

Industrials

FAA Launches Probe into Boeing Aircrafts After Alaska Air Mishap

The Federal Aviation Administration is temporarily grounding over 170 of Boeing’s 737 Max 9 aircraft after a scary incident.

2 min read
Photo via Connor Lin / The Daily Upside

Media & Entertainment

Radio Giant Audacy Files for Chapter 11 Bankruptcy

Audacy, one of the largest radio networks in the nation, filed for bankruptcy on Sunday to restructure its billion-dollar debt load.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Ford’s Privacy Patent Connects the Car to the Office

Ford may let you take work-from-anywhere even more seriously.

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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