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 Chris Yarzab via CC BY 2.0

Media & Entertainment

Warner Bros. Discovery Mulls Break-Up Plan

Just two years after the mega-merger that brought Warner Bros. and Discovery together, it’s discussing dramatic plans to break up.

2 min read
Photo by Li Zhang via Unsplash

Consumer

Diamonds Come Under Even More Pressure from Sluggish China Demand

Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.

2 min read
Photo by Denley Photography via Unsplash

Autos

Ford Spends $3 Billion to Ramp Up Truck Production, Volvo Reports Electric Results

Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.

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

Consumer

Can Nike Regain its Legendary Standing?

Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.

6 min read
Photo by Naveen Venkatesan via Unsplash

Media & Entertainment

NFL Moves Toward Allowing Private Equity into Ownership Groups

Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises

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

Patent Drop

Ford Self-Driving Maintenance Patent Could Automate Oil Changes

Filings like these indicate that this pivot will likely have a domino effect on all other parts of the automotive industry.

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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