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Lululemon’s shares spike on CEO’s resignation; founder warns of potential proxy battle
Lululemon Athletica’s shares spiked Friday after the company’s CEO Calvin McDonald announced his resignation amid declining US sales,…
Disney CEO Bob Iger’s warning over Netflix-Warner Bros. Discovery deal’s impact on consumers
Disney CEO Bob Iger raised red flags about the prospect of Netflix acquiring Warner Bros. Discovery’s streaming and…
Dow tumbles after hitting record high, while Broadcom latest to fuel AI bubble fears
Stocks on Wall Street plunged on Friday as Broadcom’s latest results added to concerns about an AI-fueled bubble, dampening optimism stoked by…
Daily Pennsylvanian ‘year in review’ article spotlights Luigi Mangione, Charlie Javice
The University of Pennsylvania’s student-run campus newspaper was mocked online for a “year in review” story highlighting prominent…
Saks Fifth Avenue stylist Suhail Kwatra stole $430K in merch: cops
A prominent stylist for Saks Fifth Avenue known for his connections to Boston’s “most fabulous socialites” is being…
Inside the $2 billion bet on ‘patriotic capitalism’
Two years after launching 1789 Capital and one year after Donald Trump clinched the presidency, investors Chris Buskirk,…
Exclusive | NYC financial giants in talks to manage Ukraine’s postwar reconstruction fund: sources
Larry Fink’s BlackRock, Marc Rowan’s Apollo Global Management, and Henry Kravis’s KKR are in talks to manage a…
As Raoul’s marks 50 years in Soho, proprietor reflects on wild times, savory fare
When Guy Raoul, a French chef and his brother Serge, a TV journalist, opened up a bistro in Manhattan’s Soho neighborhood…
Exclusive | Lawmakers mull action on ‘dynamic’ AI-powered pricing in wake of ‘shocking’ Instacart report
Lawmakers are aiming to crack down on so-called “dynamic pricing” in the wake of a jaw-dropping report showing…
‘Dynamic pricing’ used to raise costs of everything from food and Uber rides to museum visits
If you feel like you’re being nickel-and-dimed everywhere you shop – you probably are. Instacart has been using…