Category: News

Lululemon Athletica has resolved a proxy dispute with its founder, Chip Wilson, by agreeing to appoint two of his nominees to its board. The conflict, which began in December, stemmed from Wilson’s criticism that the...

Berkshire Hathaway has re-entered the airline industry by acquiring a $2.6 billion stake in Delta Air Lines, making the carrier its 14th-largest holding as of the end of March. The investment, disclosed in a regulatory filing,...

The upcoming Memorial Day weekend, which traditionally marks the beginning of the summer travel season, will serve as a key indicator of consumer demand for air travel and their tolerance for higher fares. The collapse of Spirit...

Family offices are increasingly shifting their investments toward traditional, old-economy businesses such as car dealerships and fisheries, seeking refuge from the volatility and disruption associated with artificial...

A popular hedge trade is gaining traction among traders, involving selling downside protection on semiconductor stocks, where options premiums are elevated, and using the proceeds to buy downside protection on the S&P 500,...

Whoop, the fitness wearable company, has announced a new service that provides its U.S. subscribers with on-demand access to clinicians and AI-powered health guidance. The offering is largely included in the existing membership...

McDonald’s is significantly expanding its presence in China, aiming to operate 10,000 restaurants in the country by the end of 2028. This ambitious growth plan underscores China’s importance as the fast-food...

Target is revamping its baby product lineup as part of a broader strategy to enhance product quality and convenience, aiming to better compete with retail giants Walmart and Amazon. The initiative targets busy families, a key...

Hall of Fame pitcher Mariano Rivera, a legendary figure from the New York Yankees, has voiced his support for implementing a salary cap in Major League Baseball. However, he emphasized that such a cap should be accompanied by...