Lululemon's CEO, Calvin McDonald, is leaving his post by the end of January. This comes after a year of struggles for the company. The board is now on the hunt for a new leader to steer Lululemon through tough times. McDonald's departure was announced alongside the company's latest earnings report.
MicroStrategy, the big company that owns a lot of bitcoin, didn't buy any last week. This is unusual because they usually buy some every week. The last time they bought was six weeks ago. They have 649, 870 bitcoins now. They bought each one for about $74, 433. The company is not doing well. Its st
Target is going through a rough patch. The company's profits took a big hit in the third quarter. This is a sign that the holiday season might be tough for them. Target is planning to spend more money next year. They want to fix up their stores and build new ones. This will cost them a lot of money
Ford has just unveiled its shiny new headquarters in Dearborn, Michigan. This is a big deal because it's their first major office move since the 1950s. The new building is massive, with enough space for twice as many employees as before. It's not just about size, though. Ford has packed this place w
Saks Off 5th, a popular clothing store, is saying goodbye to Connecticut. The store, which opened in 2018 at Corbin's Corner near Westfarms Mall, will be closing its doors in January. This news comes from reports by Yahoo Finance and WWD. The decision to close the store is part of a bigger plan. Sa
CDW, a major tech solutions provider, just gave its shareholders a nice little gift. They've bumped up their quarterly cash dividend by 1% to $0. 630 per share. This pay-out is set to go out on December 10, 2025, to anyone who owns shares by November 25, 2025. This isn't just a random increase. It'
P&G recently shared its financial results for the first quarter of 2026. The company saw a rise in profits, driven by strong sales in beauty and grooming products. However, the celebration might be short-lived as P&G warned about upcoming challenges, particularly rising costs due to tariffs. Despite
Applied Materials, a major player in the semiconductor manufacturing equipment industry, is making some big moves. They plan to let go of 4% of their workforce. This means around 1, 400 people will lose their jobs. The company expects to spend between $160 million and $180 million on these layoffs,
The world of artificial intelligence is heating up, and Meta is making big moves to secure top talent. The company, known for owning popular platforms like Facebook, Instagram, and WhatsApp, is eager to strengthen its AI capabilities. Recently, Meta spent a whopping $14 billion to buy a significant
A major shakeup is happening in the world of sports management. A well-known agency in the entertainment industry has set its sights on expanding its sports division. They have their eyes on a global sports consulting firm called Portas Consulting. This move is all about growth and innovation. The d
