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 via Novo Nordisk

Healthcare

Novo Nordisk’s Doing Brilliantly, Just Not Brilliantly Enough

Novo Nordisk reported earnings, posting some chunky year-over-year growth and far outperforming its only real rival at the moment, Eli Lilly.

1 min read
Photo by Alvaro Reyes via Unsplash

Media & Entertainment

Nintendo Takes Big Profit Hit After Failing to Switch It Up

Nintendo revealed on Tuesday that it had suffered a 69% drop in its profits year-over-year for the most recent financial quarter.

1 min read
Photo by Brandon Atchison via Unsplash

Autos

Ferrari Outraced the Luxury Slump, Tuesday Was a Speed Bump

Ferrari reported improved sales and earnings in the third quarter, extending its streak of outperforming other luxury auto companies.

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

Photo illustration by Connor Lin / The Daily Upside, Photo by Macrovector via Freepik

Media & Entertainment

Did Streaming Kill the Music Industry?

Music streaming services that offer more or less all the recorded music in history. So how is the industry supposed to grow?

4 min read
Photo by Roberto Lee Cortes via Pexels

Consumer

Peloton Poaches Ford Exec Who Co-Founded Apple Fitness+ for Top Job

Peloton announced that it has appointed Peter Stern as CEO and president to pedal the company out of its prolonged post-pandemic slump.

1 min read
Photo by Mike Mozart via CC BY 2.0

Media & Entertainment

Comcast Might Spin Off Its Cable Business

Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.

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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