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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