Lululemon Athletica Inc. agreed to a five-year partnership with Peloton Interactive Inc. that involves tapping its online workouts and teaming up on apparel, a deal that helps the yogawear company wind down an unprofitable foray into digital fitness equipment.
One senior research analyst says Target Corp.’s decision to close nine stores due to shrink-related issues should act as a sign for policymakers to take action.
Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter, indicating that an industry slump is still weighing on the largest US maker of memory chips.
Canada's main stock index declined by more than 100 points on Wednesday despite strength in energy stocks as the price of oil climbed higher, which wasn't enough to offset broad-based losses.
Brazilian steelmaker Gerdau SA will reduce its output of specialty steel in the US next month as an ongoing strike by the United Auto Workers is set to hit demand from auto-parts manufacturers.
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