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

OP-ED | Power Corridor

Not All Hollywood Bets Have Fairytale Endings

The U.S. Securities and Exchange Commission announced that it charged BlackRock – the largest money manager in the world, with nearly $10 trillion in…

4 min read
(Photo via WPP Media Library)

Media & Entertainment

WPP Slashes Profit Outlook After Sluggish Quarter

WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.

1 min read
(Photo by U.S. Department of Agriculture under Public Domain Mark 1.0)

Autos

GM Sputters Through Latest Earnings Report

The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.

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 by Marius Christensen on Unsplash)

Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

2 min read
Photo by smoothgroover22 under CC BY-SA 2.0

Patent Drop

Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

3 min read
(Photo by Tony Webster under CC BY-SA 2.0)

Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

1 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

(Photo Credit: Andrew Roberts/Unsplash)

Electric Vehicles

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

1 min read
Photo by Samantha Borges via Unsplash

Media & Entertainment

The Show’s Over: Is Hollywood Moving Past Peak-TV?

A scale back in production was inevitable to achieve positive cash flow. But can Hollywood’s streaming era survive with fewer new TV shows?

6 min read
(Photo by Czapp Árpád on Pexels)

Consumer

Ikea Slashes Prices Amid Cooling Inflation

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 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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