Weekend Industry News Roundup February 10, 2024

Bad Tesla. All those recollectsa CEO whose drug exercise is allegedly so atrocious his rich mates on the board reportedly desire him to head to rehabincreased competition at home and in every other country. And as Valentine’s Day approaches, it retains getting broken up with continuously and again: Merchants are ditching its stock en masse, sending it down 24% for the 365 days — a 365 days that’s barely in its 2nd month. – Melvin Backman Read Extra

Southwest Airways unveiled a redesigned cabin that contains new Recaro seatsand while they’ve a desirable unusual be aware, they’re as thin as an ironing board. The seat producer claims the form of the backrest foam is “a callback to the auto skills of Recaro.” Alternatively, there’s an ongoing trend of introducing thinner seats to maximise cabin house and squeeze extra paying passengers onboard. These new Southwest cabins are bring collectively to debut in early 2025 on the provider’s new Boeing 737 Max 8 planes. – Ryan Erik King / Jalopnik Read Extra

Indianapolis-primarily based pharmaceutical company Eli Lilly equipped $176 million of its new weight-loss drug Zepbound in accurate below a month, in line with the corporate’s fourth-quarter earnings narrative released Tuesday. Zepbound, a GLP-1 weight reduction drug corresponding to Ozempic and Wegovy (each and every made by Novo Nordisk), launched in December. – Bruce Gil Read Extra

For the first time in two a protracted time, US imports from Mexico surpassed those from China, in line with files from the US Census Bureau, signaling a shift in world alternate resulting from tensions between the US and China. – Britney Nguyen Read Extra

McDonald’s chief monetary officer Ian Borden told traders Monday (Feb. 5) that he’s shopping for suggestions to get again the low-earnings prospects the corporate misplaced last 365 days. – Laura Bratton Read Extra

There’s motive to factor in that Ronald McDonald and mates will beget a corpulent and authentic comeback soon. Final week, McDonald’s announced the return of the Hamburglar to promote its new and improved hamburgersdoubtlessly the most up-to-date advertising and marketing push centered around a classic personality from the McDonaldland spokesuniverse. – Angela L. Pagán / The Takeout Read Extra

The NFL, NBA, and other expert sports leagues had been no longer told upfront of a new sports streaming provider by Walt Disney Co., Fox, and Warner Bros. Discovery, despite the indisputable fact that they will be engaging in it, the Wall Aspect dual carriageway Journal reported. – Britney Nguyen Read Extra