Quartz
Electric vehicles are back in the spotlight this week, with major automakers — namely those owned by the Hyundai Motor Co. — touting their growing sales of the cleaner cars. Xiaomi, Tesla’s newest rival in China, is building — and selling — the new SU7 like hotcakes. And California was proud to announce that its EV…Read more...
Novo Nordisk responded this week to the Federal Trade Commission’s (FTC) suggestion that it filed ‘junk’ patents to prevent competition and raise prices. Moderna stock surged on Thursday after its first-quarter earnings report blew past Wall Street’s expectations. And Johnson & Johnson announced its plans to pay nearly…Read more...
The growing demand for artificial intelligence is heating up the talent war among companies, and putting heat on the government. On Wednesday, Google sent a letter to the Department of Labor, urging it to update its immigration policies to include AI and cybersecurity to keep up with the demand for these workers,…Read more...
Wendy’s said it’s being careful about pricing, likely in an effort to avoid the public relations fiasco of February. McDonald’s is seeing a slowdown in sales, which it is chalking up to consumers in the U.S. being more “discriminating with every dollar.” And Walmart plans to close its health centers, while…Read more...
This week was a mixed bag for the tech industry. Read more...
Bird flu continues to be a real public health threat, but apparently not to our food supply at least. The Food and Drug Administration and U.S. Department of Agriculture separately announced late Wednesday that their tests of pasteurized milk and ground beef failed to find any live H5N1 in samples at risk of being…Read more...
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