Industries

Healthcare

Trump Prescribes Deep Discounts for Big Pharma

Photo by Cj via Unsplash

The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.

2 min read

Image Credit: Lego.com

Consumer

Lego Thrives Amid Higher Business Cost and a Slowing Toy Market

Danish company Lego reported generating $4.65 billion in revenue for the first half of 2024, up 13% from a year earlier.

1 min read
Photo by EEYAUT Waihung via CC BY-SA 4.0

Autos

China EVs Stay Strong Despite Domestic, International Headwinds

A couple of China-based EV giants had good news to share in spite of a weakened consumer at home and fresh tariffs from the EU and Canada.

2 min read
Photo by Ashlyn Ciara via Unsplash

Consumer

Economic Strains Starting to Hit Wealthier Americans, Survey Finds

Mizuho found that both low- and high-income Americans alike are trying to get as thrifty as possible, reducing spend.

1 min read

International Economics

UK-US Strike Trade Deal Affirming ‘Special Relationship’

UK Prime Minister Keir Starmer. Photo by Simon Dawson / No 10 Downing Street via CC BY 2.0.

The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.

2 min read

Photo via U.S. Patent and Trademark Office

Patent Drop

Roku Patent Balances Ad Output as Streaming Industry Plateaus

The tech aims to walk a fine line of not overloading customers with bad ads as several streamers launch their own ad-supported tiers.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Nerthuz via iStock

Autos

RV Having Fun Yet? The Ups and Downs of Camper Economics

In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.

5 min read
Photo by Phillip Pessar via CC BY 2.0

Consumer

Is Peloton’s Turnaround Plan Finally Working?

Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.

1 min read

Industries

Lab-Grown Diamonds? Turns Out They’re Not De Beers’ Best Friend

Photo by Tupungato via iStock

De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.

2 min read

Media & Entertainment

Netflix’s New Homepage Pushes Users to Watch, Not Scroll

Photo by Freestocks via Unsplash

Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.

1 min read

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