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 Pixabay on Pexels)

Energy

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

2 min read
(Photo by Erik Mclean on Pexels)

Big Tech

Amazon’s Prime Day Isn’t About Sales Anymore

Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.

1 min read
Autos

UAW Notches Win for EV Battery Workers with GM

The United Auto Workers announced on Friday that it had called off a planned walkout at a General Motors plant in Arlington, Texas.

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 Sven D on Unsplash.

Patent Drop

Ford’s Patent Tracks How Much Your Car is Polluting

The tech could help Ford – and those that buy Ford’s industrial fleet vehicles – cut their emissions by keeping a closer eye on them.

2 min read
(Photo by Towfiqu Barbhuiya on Unsplash)

Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
(Photo by Vladan Raznatovic on Unsplash)

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

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

(Photo by Wes Hicks on Unsplash)

Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read
(Photo by Andrea Davis on Unsplash)

Industries

Airbnb’s CEO Wants a Customer Do-Over

In an interview with Bloomberg, CEO Brian Chesky laid out how Airbnb has been rocked by user dissatisfaction and tighter regulation.

1 min read
(Photo Credit: Louis Hansel/Unsplash)

Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

Despite widespread monetary rain clouds pushing up the cost of beer and food, drinkers are showing up in record numbers to Oktoberfest.

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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