Lululemon, the purveyor of expensive athleisure and activewear, is betting on the future of personalized remote exercise as a way to reach customers by acquiring Mirror, a home fitness start-up that sells a $1,495 wall-mounted machine for streaming workout …
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Vancouver-based Hootsuite has appointed Tom Keiser, former chief operating officer at San Francisco-based Zendesk, as its new CEO. As first reported by Fortune, Keiser will replace Ryan Holmes, who was at the helm of the social media management …
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Elon Musk rallied the troops at Tesla with only two days left in the quarter. The CEO says that the company could break even in Q2 despite the global pandemic. Last week, Electrek reported that Tesla could surprise with strong deliveries in the second quarter …
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The Federal Reserve is continuing to buy corporate bonds, following up on a pledge it made in March. Corporate America titans such as Microsoft, Apple and Home Depot have been among the beneficiaries. Questions have been raised over “moral hazard” …
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Micron Technology Inc. shares jumped in after-hours trading Monday after the memory-chip maker said sales jumped in the third quarter and are expected to exceed expectations in the final period of the memory maker’s fiscal year. Micron MU, +1.35% …
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