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Bloomberg

Lululemon CEO McDonald Is Stepping Down

Lululemon Athletica Inc. said Chief Executive Officer Calvin McDonald is stepping down as the pricey yoga-wear brand looks to reignite growth amid pressure from upstart competition and it founder. Chief Financial Officer Meghan Frank and Chief Commercial Officer André Maestrini will serve as interim co-CEOs. BTIG Analyst Janine Stichter joins "Bloomberg The Close."

Leia mais: Lululemon CEO McDonald Is Stepping Down
Bloomberg

Disney Licenses Characters to OpenAI, Takes $1 Billion Stake

Disney is licensing iconic characters including Mickey Mouse and Cinderella to OpenAI for use on its artificial intelligence video platform and has agreed to take a $1 billion stake in the startup. Bloomberg News reporter Hannah Miller and Bloomberg Opinion contributor Dave Lee join Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Leia mais: Disney Licenses Characters to OpenAI, Takes $1 Billion Stake
Bloomberg

Markets Could Say 'No More' to Fed Cuts, Says New York Life Investment's Goodwin

Following Wednesday's decision by the Fed to lower interest rates once again, New York life Investments Chief Market Strategist Lauren Goodwin believes that rates falling into the lower bound of neutral will spur the markets to say 'no more,' forcing the 10-year yield to move higher. She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to discuss the market's reaction to the Fed decision and how inflation could impact the Fed in 2026.

Leia mais: Markets Could Say 'No More' to Fed Cuts, Says New York Life Investment's Goodwin