Industry
The latest news and insights from TheWkly's Industry section.
Sweetgreen Sales Dip as Consumer Spending Slows
Salad chain Sweetgreen recorded its first drop in quarterly same-store sales since going public, reflecting tightened consumer spending and...
Industry Groups Fight Trump’s Bid to Kill Energy Star Program
The Trump administration wants to scrap the Energy Star program—a 30-year-old federal initiative promoting energy-efficient products—sparking an...
Elon Musk Set to Win Big with Trump’s Space Budget Boost
SpaceX appears poised for a major windfall under President Trump’s newly proposed budget for NASA and the Pentagon. The plan consolidates funding...
Broadcom Warns VMware Customers on Licenses
Broadcom has issued cease-and-desist letters to organizations running older VMware software without active support contracts. Claiming those...
Ford Hikes EV Prices Over New Tariffs
Ford announced higher retail prices for vehicles built in Mexico—like the Mustang Mach-E—responding to the Trump administration’s new 10% import...
Global Debt Surges to $324 Trillion, Raising Alarms Over Economic Stability
The Institute of International Finance reported a record $324 trillion in global debt, equivalent to over 350% of total GDP worldwide. China and...
Biden-Era Fossil Fuel Ban for Federal Buildings Paused by Trump’s DOE
The Department of Energy froze a Biden-era rule aimed at phasing out fossil fuels in new federal buildings. Originally set for 2025 compliance,...
Bristol Myers Commits $40B to U.S. Expansion
Pharma giant Bristol Myers Squibb announces a $40 billion investment in U.S. operations over five years, potentially creating thousands of...
OPEC+ Accelerates Oil Supply Hikes Despite Low Prices
OPEC+ announced a bigger-than-expected oil production increase for June—adding 411,000 barrels per day—despite crude prices hovering near...
Never Miss Industry Updates
Subscribe to TheWkly and get the latest Industry news delivered to your inbox, along with exclusive deep dives and impact calculators.
Subscribe for Free