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Weekend Industry Info Roundup February 10, 2024

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Describe: Håkon Mosvold Larsen / NTB / AFP by strategy of Getty Images (Getty Images), George Frey (Reuters), USA-RETAIL/SHIPPING REUTERS/Fred Prouser (Reuters), Sorbis (Shutterstock), Bob DeChiara-USA TODAY Sports activities (Reuters), Image: Workers (Reuters), Brendan McDermid (Reuters), Justin Sullivan (Reuters), Laura Bratton, Photos: Put up Person Manufacturers (press release), Justin Sullivan (Getty Images)

A Tesla is being lifted out of a fjord.

In need of a rescue.
Describe: Håkon Mosvold Larsen / NTB / AFP by strategy of Getty Images (Getty Images)

Unhappy Tesla. All those recollects, a CEO whose drug use is allegedly so nefarious his prosperous chums on the board reportedly need him to head to rehab, elevated opponents at house and foreign. And as Valentine’s Day approaches, it retains getting broken up with over and over continuously: Traders are ditching its stock en masse, sending it down 24% for the yr — a yr that’s barely in its second month. – Melvin Backman Read Extra

Wegovy injections

Novo Nordisk reported on Jan. 31 that its income in 2023 jumped 31% to 232.3 billion Danish kroner ($33.8 billion).
Image: Workers (Reuters)

Gif: Southwest Airlines

Southwest Airlines unveiled a redesigned cabin that contains contemporary Recaro seats, and whereas they’ve a dapper recent survey, they’re as skinny as an ironing board. The seat producer claims the form of the backrest foam is “a callback to the auto ride of Recaro.” Nonetheless, there’s an ongoing pattern of introducing thinner seats to maximize cabin house and squeeze extra paying passengers onboard. These contemporary Southwest cabins are set apart to debut in early 2025 on the carrier’s contemporary Boeing 737 Max 8 planes. – Ryan Erik King / Jalopnik Read Extra

packaging and injection for Eli Lilly's weight reduction drug Zepbound

Image: Brendan McDermid (Reuters)

Indianapolis-primarily based pharmaceutical company Eli Lilly supplied $176 million of its contemporary weight-loss drug Zepbound in correct beneath a month, in response to the company’s fourth-quarter earnings lisp released Tuesday. Zepbound, a GLP-1 weight reduction drug much like Ozempic and Wegovy (every made by Novo Nordisk), launched in December. – Bruce Gil Read Extra

A box of Ozempic, a semaglutide injection drug traditional for treating kind 2 diabetes made by Novo Nordisk, is considered at a Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023.

Describe: George Frey (Reuters)

Transport containers stacked on ship in Los Angeles

Describe: USA-RETAIL/SHIPPING REUTERS/Fred Prouser (Reuters)

For the main time in twenty years, US imports from Mexico surpassed those from China, in response to files from the US Census Bureau, signaling a shift in world commerce attributable to tensions between the US and China. – Britney Nguyen Read Extra

A McDonald’s force-via.

A McDonald’s force-via.
Image: Justin Sullivan (Reuters)

McDonald’s chief financial officer Ian Borden instructed merchants Monday (Feb. 5) that he’s procuring for programs to steal encourage the low-earnings customers the company misplaced closing yr. – Laura Bratton Read Extra

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Describe: Sorbis (Shutterstock)

There’s cause to factor in that Ronald McDonald and chums will ticket a fat and reliable comeback soon. Final week, McDonald’s announced the return of the Hamburglar to promote its contemporary and improved hamburgers, primarily the newest marketing push centered round a conventional personality from the McDonaldland spokesuniverse. – Angela L. Pagán / The Takeout Read Extra

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Image: Laura Bratton, Photos: Put up Person Manufacturers (press release), Justin Sullivan (Getty Images)

Rappers Snoop Dogg and Grasp P can also have already made their trace in hip hop, but their true dream was to ticket cereal. Yes, cereal.

Or now not now not as much as that’s what the two performers (who are worth $160 million and $200 million, respectively) direct in a brand contemporary lawsuit towards Walmart and Put up Person Manufacturers. The music moguls relate they started their company Broadus Meals in 2022 “to be a legacy for Snoop Dogg and Grasp P’s family they might per chance per chance per chance scramble away to relief them procure a brighter future.” – Laura Bratton Read Extra

  Atlanta Hawks guard Trae Younger (11) controls the ball whereas Boston Celtics guard Derrick White (9) defends at some stage within the main half at TD Garden.

Describe: Bob DeChiara-USA TODAY Sports activities (Reuters)

The NFL, NBA, and other legit sports activities leagues had been now not instructed in reach of a contemporary sports activities streaming carrier by Walt Disney Co., Fox, and Warner Bros. Discovery, even within the occasion that they’re going to be keen in it, the Wall Avenue Journal reported. – Britney Nguyen Read Extra

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