Author: Editor

Lululemon announced Wednesday that Athleta CEO Maggie Gauger has joined the company as president and chief product officer, effective later this month.The move marks the latest shakeup among the top executives in the increasingly competitive athleisure space: Gauger joined Athleta from Nike only last year.Lululemon said Gauger’s job is a newly created role. It also appointed Joseph Godsey as chief operating officer. Alongside the new announcements, Lululemon also said Nikki Neuburger, the company’s chief brand and product activation officer, and Ted Dagnese, its chief supply chain officer, are leaving to “pursue other opportunities” in November.”We are establishing a deeply experienced…

Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance.The denim retailer raised its adjusted earnings per share expectation for the full fiscal year to between $1.54 and $1.56, from a previous range of $1.46 to $1.52. Analysts were expecting a range of between $1.52 and $1.59, according to LSEG.The company also lowered its net revenue growth guidance for the full year to 7%, the bottom of its previously provided range of a 7% to 7.5% increase.Shares of Levi were roughly flat in extended trading after initially rising. For its fiscal…

Fraternities are a staple of the American college experience, whether it’s for their social influence on campus, sprawling alumni networks, or, at times, controversies.But behind the parties and secretive traditions are tax-exempt organizations that bring in millions of dollars each year.Tax filings offer a partial glimpse into how the country’s biggest fraternities earn and spend their money.Sigma Phi Epsilon Fraternity Inc., the national organization behind one of the largest fraternities across US college campuses, reported $10.6 million in revenue in fiscal 2025 and ended the year with $29.4 million in net assets, according to public tax filings.In comparison, Chi Phi…

A memorial to the victims of the Fort Hood shooting, pictured in November 2009, outside the apartment complex where Hasan lived. Eli Kaplan/Getty Images hide caption toggle caption i Eli Kaplan/Getty Images President Trump has approved the execution by firing squad of Nidal Hasan, the former U.S. Army psychiatrist who killed 13 people in a shooting rampage at Fort Hood, Texas, in 2009. It would be the first U.S. military execution in over six decades — and the first by firing squad since World War II. Pentagon spokesperson Sean Parnell announced the news on X Monday night, writing, “Judgement day…

What’s going to happen to all my favorite TV shows and movies?Paramount has joined forces with Warner Bros. Discovery, prompting questions about what the mega-deal means for the likes of HBO and CNN.Skydance, David Ellison’s new entertainment giant, is now home to HBO, HBO Max, CNN, CBS, Paramount+, Pluto TV, the Warner Bros. studio, Paramount Pictures, and cable networks like TNT and HGTV.That portfolio of assets is poised to make Skydance a powerhouse that could challenge Disney and Netflix in streaming while boasting the premium, historic IP that Google’s YouTube doesn’t have.Below is a breakdown of what Skydance has said…

Constellation Brands beat quarterly earnings and revenue expectations as its beer brands gained market share, but continued consumer caution tempered results.As it navigates high food and fuel prices and choosy shoppers, Constellation is turning to special occasions and diversification to help drive sales.The maker of Modelo Especial, Corona and Pacifico on Wednesday reported fiscal second-quarter adjusted earnings of $3.74 per share on $2.63 billion in revenue, ahead of Wall Street estimates of $3.56 and $2.54 billion, respectively. Beer revenue rose 5% to roughly $2.47 billion, while beer shipments increased 5.5%. However, the company said beer depletions, a measure of sales…

Warren Buffett says almost nobody can do what he does, so they shouldn’t even try. His advice continues to pay off.The legendary investor has proclaimed for decades that 99% of people shouldn’t try to pick winning stocks, dabble in options, time the market, or hire a money manager.”My regular recommendation has been a low-cost S&P 500 index fund,” the retired Berkshire Hathaway chairman and CEO wrote in his 2017 letter to shareholders.The benchmark index, which tracks the performance of 500 of the largest publicly traded companies in the US, climbed to a record 7,819 points on Tuesday.It has gained 14%…

Ask who’s most comfortable with AI at work, and many leaders will point to the youngest people in the room. Digital natives in entry-level roles are expected to pick up new tools fastest, while managers and executives try to keep pace.A new TripleTen survey of 2,000 full-time workers in the US found the opposite. AI is changing work fastest at the top of the org chart, where most of the learning is happening. The survey results revealed that executives and managers have had the most interaction with AI, while entry- and mid-level employees receive less exposure and training. The AI…

Sam Darnold #14 of the Seattle Seahawks celebrates with the Vince Lombardi Trophy after winning Super Bowl LX against the New England Patriots at Levi’s Stadium on February 08, 2026 in Santa Clara, California. Ronald Martinez | Getty Images Sport | Getty ImagesDisney announced Wednesday that its streaming service Disney+ will air the upcoming Super Bowl in February. The 2027 championship game, as well as two Monday Night Football games leading up to the finals, will be available to all Disney+ subscribers in the U.S. Disney had previously announced that ESPN would produce the Super Bowl in 2027 for the…

Customers browse in a used car lot in Glendale, California, Feb. 15, 2023.Mario Tama | Getty Images News | Getty ImagesDETROIT — Used vehicle prices are forecast to fall more than previously expected this year, as high gas prices and broader inflationary costs hit Americans’ pocketbooks.Cox Automotive on Wednesday lowered its forecast for the company’s Manheim Used Vehicle Value Index, from a 2% increase to a rise of only 0.2% for the year. That slight increase would mark the third consecutive year of relatively flat pricing after large increases and then declines during the pandemic. The lower forecast follows a…