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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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May 10, 2026 / Tyler Durden
Rabobank: "More War Seems Inevitable"
Rabobank: "More War Seems Inevitable"
By Michael Every of Rabobank
Summit... then 'summit' worse?
“TOTALLY UNACCEPTABLE,” was President Trump’s response to Iran’s belated reply to his peace proposal, which they have rejected as a “surrender.” Tehran thinks the US must do so instead: rather than handing over enriched uranium, pledging to never build a nuke, reopening the Strait of Hormuz, and dropping ballistic missiles and support for regional terror proxies, Iran wants a permanent US retreat, reparations paid to it, and control of Hormuz.
More war, where the US takes control of the...
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May 4, 2026 / Kyle Anzalone
Israel Prepares to Return to War as Trump Attempts to Break Iran’s Hold on Strait of Hormuz
Israeli leaders are watching events in the Strait of Hormuz closely and preparing to strike Iran. Israel has been pushing for the US to abandon the diplomatic process and greenlight renewed attacks on Iran. On Sunday, Trump announced “Project Freedom” to reopen the Strait of Hormuz. The operations call for the US Navy to assist […]
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May 8, 2026 / Tyler Durden
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored
It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA.
A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a drone crashed near the defunct nuclear plant a day earlier, Ukrainian officials have said.
Illustrative/AP: During a similar 2020 fire a radiation spike was detected at the Chernobyl exclusion zone.
As firefighters...
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