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 Diana Polekhina via Unsplash

Technology

Obesity Drugmaker Rivus Wants in on the Healthcare IPO Boom

Obesity drugmaker Rivus is working with banks to complete a US public listing that could happen before the end of the year.

1 min read
Photo by Jetcityimage via iStock

Energy

Chevron and BP Hone Core Focus Amid Promising Oil Future

Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.

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

Patent Drop

Amazon Patent Brings AI Into Its Healthcare Bet

Amazon’s patent to help doctors take better notes highlights the company’s massive bet on the healthcare space.

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

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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