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 Wim van’t Einde via Unsplash

Energy

Big Banks Promise to Back Nuclear Energy

A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.

1 min read
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Industrials

Supply Chain Crisis Looms Amid Port Strike Threats

The International Longshoremen’s Association is set to strike if a new contract can’t be reached with the United States Maritime Alliance.

2 min read
Photo by Vlad Deep via Unsplash

Artificial Intelligence

AI Could Make People ‘Uninsurable,’ Financial Regulator Warns

The insurance industry needs to be careful when using AI, or else AI black boxes could render consumers uninsurable without any explanation.

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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