Lululemon built its reputation on leggings. But a product launch earlier this year quickly turned into a see-through problem. Now, the embattled athleisure giant has a new CEO and a seemingly fresh start. Lily Meier reports.
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Brad Stone gives a sneak peek at Businessweek’s annual Screentime issue
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The crypto industry will get market structure rules even if Congress fails to pass landmark legislation, the head of the Commodity Futures Trading Commission Chairman Michael S. Selig https://bloom.bg/4wAKqwX

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Insurers have quietly become a major driver of the private credit boom, changing the insurance industry itself and raising a number of questions about risk and regulation.

Andrew Granato and Pranjal Drall, authors of a new paper, “Private Credit’s State Backstop: How Private Equity Socializes Risk Through Insurers,” tell Tracy Alloway and Joe Weisenthal how both sides benefit from the partnership and why taxpayers might ultimately be on the hook.
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After reports that Situational Awareness approached Sequoia to offload private stakes, Sequoia’s Pat Grady tells Bloomberg why Ken Griffin’s Citadel offered “a better solution” for Leopold Aschenbrenner. Despite recent market volatility, Grady says he expects Aschenbrenner to be a permanent fixture in Silicon Valley https://bloom.bg/456NrtR

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