Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales.
Jobless claims fall to lowest level in two months
Weekly jobless claims fell to the lowest level since late June as employers appear reluctant to part with workers in a tight labor market.
Starbucks names Laxman Narasimhan as new CEO, starting in April
Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer.