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Activist fund Elliott Management has built up a $1 billion stake in once-swaggering Lululemon and is working to influence its CEO search.
While 2025’s IPO boom is likely being enjoyed by Wall Street’s investment bankers, it may be even better news for private equity.
Correspondingly, Americans are enjoying the lowest prices at the pump in about 4 years, according to driver’s association AAA.
Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
Fellow professional services firms such as Deloitte, Ernst & Young, and KPMG have already undergone significant layoffs.
The airline is set to open its first ever premium airport lounge, dubbed the BlueHouse, to host high-income flyers in Terminal 5 at JFK.
The good news for soon-to-be CEO Henrique Braun? He’s taking over a Coke with a decided advantage in the Soda Wars.
SpaceX’s potential monster IPO would come after what’s been a remarkable rebound year for public listings.
The number of available positions climbed to 7.67 million in October, according to the JOLTS report, good for the highest mark in five months.
The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.
Levi’s, Gap, and American Eagle are spending huge sums on advertising to sell their jeans amid a new denim boom.
A handful of high-profile defamation-by-AI-chatbot allegations against big tech firms are already stacking up.
A potential tie-up would come at an interesting crossroads for the theatrical industry and its longtime nemesis, Netflix.
For now at least, it looks like the storied retail company’s turnaround effort is taking hold as well as paying off.
The rosy projections sent Boeing shares up more than 10% on Tuesday, rubbing salt in the wounds of its archrival Airbus.
Holiday spending after Thanksgiving hit a record high, although notably only if you crunch the numbers a certain way.
US shoppers are now paying an average price of $6.60 per pound of ground beef, according to the US Bureau of Labor Statistics.
Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.
Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.