Ozempi-economy… Prescription fills for weight-loss drugs more than doubled in 2024 as folks splurged to shed lbs. Novo Nordisk is expected to rake in $65B this year from its Ozempic and Wegovy injectables, while Eli Lilly Mounjaro and Zepbound are forecast to earn $15B. Meanwhile, telehealth cos like Hims & Hers and Ro have capitalized on weight-loss-drug shortages with copycats.
Boeing’s bumps… The beleaguered jet maker has lost a third of its value since a door plug yeeted off a 737 during a flight in January, which led to federal investigations. In October, Boeing had its lowest deliveries since 2020 after a seven-week workers’ strike. It just restarted 737 Max production, but this year has lost ~$8B.
CrowdStrike outage… The cybersecurity provider sent a faulty update in July that blued out 8.5M screens and rocked the airline industry. Delta Air Lines alone canceled 7K flights and lost $380M in biz that quarter.
The Caitlin Clark effect… Basketball stars like Clark attracted millions of viewers to women’s college and WNBA games. As attention heats up, women’s elite sports are estimated to have earned $1B+ in global revenue for the first time.
Bowl-spiracy… Chipotle found itself in the limelight as TikTokers went viral complaining about skimpy bowls, which led one investor to sue the chain.
Dead lobster… Months after Red Lobster ended its costly “endless shrimp” promo, the Cheddar Bay Biscuit chain declared bankruptcy.
Paul vs. Tyson… 65M Netflixers watched Jake Paul beat Mike Tyson in a live but glitchy boxing match. Netflix is punching into live content (next up: holiday NFL games).
Chief exits… CEOs private-jetted to new jobs at rival companies, with Starbucks nabbing Chipotle’s chief and Victoria’s Secret scooping up Savage x Fenty’s top exec.