Lululemon stock sinks as athleisure company selects Nike veteran as new CEO

What happned: Lululemon (LULU) stock sank 5% in after-hours on Wednesday. What’s moving the stock: The athleisure company picked Nike (NKE) veteran Heidi O’Neill as its next CEO. O’Neill has over three decades of experience in the performance apparel industry. Her experience includes overseeing Nike’s product pipeline, brand voice, and operations, said LuluLemon in a…

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Bessent says ‘many’ allies have asked for currency swaps amid Iran war

U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf…

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Anheuser-Busch invests $600M in US manufacturing, veterans and hiring

FOX Business’ Lauren Simonetti gives the latest market check and reports on Anheuser-Busch’s earnings success. FIRST ON FOX – Anheuser-Busch is increasing its U.S. investment to $600 million over two years, expanding brewery capacity, worker training and veteran hiring as the beer giant leans further into domestic manufacturing, Fox News Digital learned.  “Anheuser‑Busch is doubling…

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