CPKC President and CEO Keith Creel identifies the Panama Canal Railway as a growth opportunity for intermodal services, particularly amid drought conditions affecting the Panama Canal. Maersk has announced its intention to utilize the Panama Canal Railway to protect supply chains.

Estée Lauder Companies reported an 11% decrease in organic sales, primarily due to a 51% drop in the global travel retail business and challenges in Asia, particularly China. The company is implementing an accelerated profit recovery plan aimed at generating between $800 million and $1 billion in incremental operating profit across fiscal years 2025 and 2026. Fabrizio Freda, president and CEO, emphasized the importance of optimizing product mix, reducing costs, and leveraging investments in supply chain and regionalization.

Custom Market Insights published a report estimating the global Micro-LED Display Market size at approximately USD 21.5 billion in 2022, projecting a significant growth to USD 182.7 billion by 2032, with a compound annual growth rate (CAGR) of about 58.1% from 2023 to 2032. The report analyzes market trends, insights by product, application, industry vertical, and region, highlighting key players and market dynamics affected by the COVID-19 pandemic.

Goodness Growth Holdings, Inc. has amended its lease agreement with a landlord in Johnstown, New York, increasing the tenant improvement allowance by $14 million and implementing a monthly rental increase of $210,000 starting November 2023. This amendment supports the company's ongoing divestment process in New York and the construction of an indoor expansion project.

Tesla's shares declined by approximately 5% to close at $197.36 after news from Panasonic indicated a reduction in battery cell production in Japan. This update raised concerns about sluggish demand for electric vehicles and contributed to a 18% decline in Tesla's share price since the third-quarter earnings call. Panasonic's production cuts were linked to Tesla's high-interest rate environment and challenges with the Cybertruck's production.