Morning Brew Daily Pharma CEOs Condemn TX ruling, Tupperware tumbles, Reformation rewear trend
Apr 11, 2023
Hundreds of pharmaceutical CEOs are rallying against a Texas judge's abortion pill ruling, highlighting industry concerns. Meanwhile, Tupperware faces financial woes, leaving its innovative past behind. Bitcoin has surged past $30,000, sparking excitement over its rising adoption. The trendy clothing brand Reformation cleverly leverages TikTok for viral marketing. Plus, Wrexham AFC, now co-owned by celebs, captivates fans with thrilling victories, reflecting the emotional ties of sports and community.
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Pharma CEOs Condemn Abortion Pill Ruling
- Hundreds of pharmaceutical CEOs signed a letter condemning a Texas judge's abortion pill ruling.
- They argue this decision disregards scientific evidence and undermines the FDA's authority, threatening the entire pharmaceutical industry.
Tupperware's Struggles
- Tupperware's outdated business model, relying on in-home parties, struggles to connect with younger generations.
- The company faces potential bankruptcy due to lack of innovation and declining sales, despite a brief pandemic boost.
FTX's Financial Chaos
- FTX's new management discovered chaotic financial practices, including approvals via Slack emojis and lost track of millions.
- SBF admitted to lax controls, treating company funds casually and highlighting the mismanagement within FTX.