US Strikes on Iran Intended to Create Options for Trump to Escalate Conflict

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...

Manufacturing ISM Misses As Prices Surge Most Since April 2022, Employment Slides To Worst Print Of 2026 Amid the fog of war and fading 'hard' data, the final April S&P Global Manufacturing PMI printed 54.5, a small gain from the flash 54.0 print, and higher than the 52.3 February final print, although it came with a warning from Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “The surge in manufacturing activity in April is not the cause for cheer that at first glance it suggests. A key driving force behind...

Tehran-Aligned Militia In Iraq Frees American Journalist In Prisoner Swap An Iran-backed militia in Iraq has announced it will release an American freelance journalist kidnapped in Baghdad a week ago. Shelly Kittleson was abducted on March 31, and her captors in Kataib Hezbollah announced Tuesday that she can go free as long as she exits Iraq immediately. Abu Mujahid al-Assaf, a security official in the group, has been cited in international reports as saying, "In recognition of the national stances of the outgoing prime minister, we have decided to release the American defendant Shelly...