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 Denys Nevozhai via Unsplash

Autos

The Global Auto Industry Is Recentering Around China

Overseas sales of China-made cars hit a record high in 2023, likely outpacing Japan to make China the world’s top exporter.

2 min read
Photo by Y S via Unsplash

Industrials

FAA Launches Probe into Boeing Aircrafts After Alaska Air Mishap

The Federal Aviation Administration is temporarily grounding over 170 of Boeing’s 737 Max 9 aircraft after a scary incident.

2 min read
Photo via Connor Lin / The Daily Upside

Media & Entertainment

Radio Giant Audacy Files for Chapter 11 Bankruptcy

Audacy, one of the largest radio networks in the nation, filed for bankruptcy on Sunday to restructure its billion-dollar debt load.

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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