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Lululemon Calls Truce With Founder Chip Wilson After Stock Collapse, Leggings Quality Implosion
Lululemon Calls Truce With Founder Chip Wilson After Stock Collapse, Leggings Quality Implosion
Lululemon has settled its proxy fight with founder Chip Wilson, ending one of the year's top proxy battles, according to Reuters. This follows a fiery letter to shareholders from Wilson earlier this year, calling for activism, as the athletic apparel retailer has seen its shares collapse, lost market share in the leggings market, and become entangled in multiple see-through leggings quality-control issues with customers.
Reuters first reported Tuesday evening that Lululemon and Wilson were nearing a settlement that...
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Feb 14, 2026 / Tyler Durden
The State Of Love In America: It's Not Looking Good
The State Of Love In America: It's Not Looking Good
Dating and relationships in the US have changed dramatically in the past decade. Once heralded as a vast clearing house for unlimited hook ups and endless partner options, online dating apps have all but imploded compared the their peak from 2016-2021. High traffic apps like Bumble have lost 90% of their market value. Tinder has lost 40% of its users since 2022. Match Group apps have lost around 50% of their engagement since 2019.
The word on the street is, the...
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Apr 14, 2026 / Tyler Durden
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock
The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for the first time since 2020.
"The Iran war has thoroughly upended the global outlook for oil consumption," the IEA wrote in its Oil Market Report. "Demand destruction will spread as scarcity and higher prices persist."
The IEA...
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Apr 9, 2026 / Tyler Durden
Pro-Iranian Hackers Breached US Infrastructure, Feds Say
Pro-Iranian Hackers Breached US Infrastructure, Feds Say
Authored by Troy Myers via The Epoch Times (emphasis ours),
Pro-Iranian hackers have breached critical U.S. infrastructure, according to a joint warning issued Tuesday by several federal agencies.
High voltage power lines run through a sub-station along the electrical power grid in Miami on Jan. 14, 2026. Joe Raedle/Getty Images
The advisory came only hours ahead of President Donald Trump’s Tuesday deadline for Iran, warning that “a whole civilization will die tonight” if Iran refuses to open the Hormuz Strait to oil traffic. Trump later suspended...
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