Lululemon is acquiring the in-home fitness company Mirror for $500 million, the retailer announced Monday, marking its first acquisition with a bet that more people are going to be pivoting to exercise at their homes. Lululemon shares were up almost 4% in after-hours trading. Following the closing of the deal, Mirror will run as a standalone
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Texas Governor Greg Abbott ordered bars to be closed by noon on June 26 and for restaurants to be reduced to 50% occupancy. Sergio Flores | AFP | Getty Images Governors in Washington, California, Florida and Texas are walking back some of their reopening plans as coronavirus cases rise in more than 30 states across
A woman wearing a face mask and a plastic bag pulls a cart loaded with bags of recyclables through the streets of Lower Manhattan during the outbreak of the novel coronavirus (which causes COVID-19) on April 16, 2020 in New York City. Johannes Eisele | AFP | Getty Images As the country re-opens after months
Adenilson Souza Costa, 47 years, and his coworkers wearing protective gear carry a coffin at Vila Formosa Cemetery amidst the coronavirus (COVID-19) pandemic on May 18, 2020 in Sao Paulo, Brazil. Alexandre Schneider | Getty Images The coronavirus has now killed more than 500,000 people around the world as the number of confirmed infections exceeded
As coronavirus cases spike mostly across the American South and West, the country will soon “be seeing more deaths,” White House health adviser Dr. Anthony Fauci warned Friday. Deaths caused by Covid-19 lag behind other data points such as hospitalizations, which lag behind confirmed infections as the disease can take weeks to fully develop in
Co-director of the intensive care unit at CommonSpirit’s Dignity Health California Hospital Medical Center, Dr. Zafia Anklesaria, 35, who is seven months pregnant, attends to a COVID-19 patient in the hospital where she works, during the coronavirus disease (COVID-19) outbreak, in Los Angeles, California, U.S., May 18, 2020. Lucy Nicholson | Reuters Coronavirus cases are
Multiple states are experiencing a spike in Covid-19 cases amid the ongoing coronavirus pandemic, sparking controversy over whether people should be required to wear masks in public to help slow the spread of the virus. States like Florida, Georgia and Texas, which do not have statewide mask mandates, hit record highs in their average number of
A worker wearing a protective mask cleans a table in front of a pizza restaurant in San Francisco, California, U.S., on Monday, June 15, 2020. David Paul Morris | Bloomberg | Getty Images San Francisco Mayor London Breed said in a tweet Friday that the city will temporarily delay its planned reopening for Monday, which included
Dr. David Callender, CEO of Memorial Hermann Health System in Houston, told CNBC on Friday that its hospitals continue to have adequate capacity despite Texas’ growing coronavirus outbreak. “We actually still think we have plenty of capacity to meet the demand for Covid, as well as non-Covid patients” Callender said on “The Exchange.” “We’re always busy
Mary Barra, chief executive officer of General Motors Co. (GM), left, and Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, center, listen during a news conference outside the White House after a meeting with U.S. President Donald Trump, not pictured, in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images General Motors is