Lululemon Acquisition Offers Seat at Home Fitness Table

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Lululemon Acquisition Offers Seat at Home Fitness Table

Lululemon Athletica shares rose the most in more than two months on Tuesday after the yoga-wear maker agreed to buy Mirror, a producer of in-home fitness equipment, for $500 million. This is Lulu’s first acquisition. The Mirror platform has a “massive TAM …
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XPS calls for standardised online tool as pension accounting gap widens

In the report, XPS estimated that the accounting gap, which is the difference between the pension obligations reported in companies' accounts and the
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Wirecard's Shares Are Still in Demand Despite Insolvency Filing

Wirecard AG, one of Europe’s largest fintech firms as recently as two weeks ago, collapsed in an accounting scandal that has pushed the company to file for insolvency. So why is it the best-performing stock in Germany’s benchmark DAX Index this week?
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Mnuchin and Powell to Offer Mixed Views of Economic Recovery

WASHINGTON — Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome H. Powell will present a mixed picture of the U.S. economy in testimony before Congress on Tuesday afternoon as lawmakers prepare for negotiations over another …
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Why Retirement Is A Bad Idea, Financially And Psychologically

As a financial planner who spends his life helping individuals plan for retirement, advising you to not retire may seem counterproductive. But it’s what I’m about to do. Why? Retirement—in a traditional sense—is unhealthy. I think retirement should be avoided …
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