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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 4, 2026 / Dave DeCamp
Iran’s Foreign Minister Says No Military Solution To Hormuz, Warns US and UAE Against a ‘Quagmire’
Iranian Foreign Minister Abbas Araghchi has said that the flare-ups in the Strait of Hormuz on Monday show there’s no “military solution” to the crisis and warned the US and the UAE against being drawn into a “quagmire” in the region. “Events in Hormuz make clear that there’s no military solution to a political crisis,” […]
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May 22, 2026 / Tyler Durden
India Explores Alternative Energy Sources After Oil Supply Shock
India Explores Alternative Energy Sources After Oil Supply Shock
By Tsvetana Paraskova of OilPrice.com
India’s Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas (LPG), as the Middle East crisis is choking oil and gas supply to the world’s third-largest crude importer.
Modi also urged ministers to move faster with implementing reforms to turn India into a developed nation by 2047, the goal for its 100th independence anniversary.
India has been grappling with...
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Feb 14, 2026 / Tyler Durden
"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios
"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios
AI-driven equity disruption was everywhere this past week, spreading like wildfire beyond software into insurance, commercial real estate, financials, shipping, wealth management, and likely many more industries in the coming trading sessions.
One industry in the crosshairs of AI disruption is Hollywood. Some of the publicly traded studios include The Walt Disney Company, Warner Bros. Discovery, Paramount Global, Sony Group Corporation, Netflix, Lionsgate, and others.
On Friday, Axios reported that the Walt Disney Company sent a cease-and-desist...
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