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Lululemon Founder Launches Proxy Fight for Board Overhaul
Lululemon Athletica (LULU.O) founder Chip Wilson launched a proxy fight Sunday targeting board changes, days after CEO Calvin McDonald’s departure announcement. The move creates additional uncertainty for investors as the athletic apparel maker seeks new leadership amid slowing growth and increased...
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Chinese Airlines Order 55 Airbus Jets Worth 8.2 Billion in Fleet Expansion Push
Spring Airlines (601021.SS) and Juneyao Airlines (603885.SS) announced plans to purchase 55 Airbus A320-family...
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U.S. Economy Posts Robust 4.3% Q3 Growth, Crushing Analyst Estimates
The U.S. economy expanded at a surprisingly strong 4.3% annual rate in the third quarter, crushing economist...
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Nestle CEO Confirms L'Oreal Stake Remains Financial Investment
Nestle (NESN.SW) CEO Laurent Freixe said the company’s stake in L’Oreal remains a financial...
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Paramount Amends Warner Bros. Discovery Bid With 40.4 Billion Ellison Guarantee
Paramount Global amended its hostile bid for Warner Bros. Discovery (WBD) with Oracle co-founder Larry...
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Netflix Refinances 25 Billion of Bridge Loan for Warner Bros Discovery Deal
Netflix (NFLX.O) refinanced 25 billion of its 59 billion bridge loan Sunday, securing cheaper long-term...
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Coty Names P&G Veteran as Interim CEO as Shares Tumble 50%
Coty (COTY) named Procter & Gamble veteran Markus Strobel interim CEO effective January 1, replacing...

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