Industries

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 wombatzaa via iStock

Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read
Photo by Tom McAtee via iStock

Media & Entertainment

Sports Team Ownership May Be Overrated. Just Ask European Soccer Owners.

With rising valuations, sports team ownership should be a slam dunk. But it’s also possible those valuations are a little rich.

2 min read
Photo via Tomás Del Coro

Industrials

Southwest Airlines Bends to Activist Pressure

Elliott Management ousted much of the board at Southwest Airlines, with Gary Kelly announcing his retirement amid broader board turnover.

1 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

International Economics

Canada Chooses Prime Minister Set on “Dramatically” Loosening US Trade Ties

Photo by Policy Exchange via CC BY 2.0

Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.

2 min read

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