Consumer

Healthcare

23andMe Gives Up on its Drug Development Dream

Photo by Mike Mozart via CC BY 2.0

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read

Photo by Alex Baber via Unsplash

Advisor Upside

The Worst Stag Party Ever?

“Stagflation” has wreaked havoc on the economy in the past. While it has been an empty threat recently, it still needs to be considered.

1 min read
Photo by Kirk Allen via CC BY 3.0

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 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

Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

Photo by Willian Justen de Vasconcellos via Unsplash

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read

Consumer

Gym Group Finally Profitable Again Post-COVID

Photo by wombatzaa via iStock

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read

Patent Drop

Apple Ring Patent Highlights Potential Plan to Expand Product Lineup

Photo via U.S. Patent and Trademark Office

Though the company has competitors in the space from Samsung and Oura, its walled garden ecosystem could give it an advantage.

2 min read

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