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

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Industries

Economic Slowdown Isn’t Hurting Law Firm Bonuses

As 2023 wound to a close, major law firms across the US doled out hefty bonuses and annual raises, according to the Financial Times.

1 min read
Photo by Dan Soriano via Unsplash

Consumer

New York City’s Airbnb Ban is Driving Up Hotel Prices

New York City put the kibosh on Airbnb. Now, hotels prices are skyrocketing this holiday season amid soaring demand.

1 min read
Photo by Nappy via Unsplash

Healthcare

Big Pharma Uses Subsidies for Rare Diseases to Develop Blockbuster Drugs

The US government designed a program to incentivize the development of treatments for rare tropical diseases. Big Pharma had other plans.

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

Photo via U.S. Patent and Trademark Office

Patent Drop

eBay Vision Patent Tracks User Identity Over Time

E-commerce companies are in an “arms race” to develop and implement user-tracking AI tech throughout their platforms.

2 min read
Photo by Sven Piper via Unsplash

Industrials

Southwest Is Attracting Pilots, But Not For Long

Southwest Airlines executives told Bloomberg that they’ve seen an increase in pilots who apply to the airline.

1 min read
Photo via Connor Lin / The Daily Upside

Media & Entertainment

New York AG Sues SiriusXM for its Annoying Cancellation Process

New York Attorney General Letitia James sued SiriusXM Radio on Wednesday for “trapping consumers in subscriptions.”

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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