Business News 23 December 2025

Lululemon founder Chip Wilson launches proxy fight for board shakeup as CEO exit nears

NEW YORK, December 29, 2025, 12:27 ET Lululemon Athletica founder Dennis “Chip” Wilson said on Monday he has launched a proxy fight to reshape the company’s board, nominating three independent director candidates. The Wall Street Journal first reported the move,

29 December 2025

Business·Company News·Corporate Governance·Leadership·Retail Industry

Shark Tank’s Kevin O’Leary goes Hollywood as Marty Supreme scores a holiday win

NEW YORK, December 29, 2025, 11:06 ET Kevin O’Leary, the sharp-tongued investor best known from ABC’s Shark Tank, is getting fresh exposure on the big screen as A24’s Marty Supreme delivered a strong holiday opening. Box office tracker Comscore pegged

29 December 2025

Business·Entertainment·Holidays

Sandisk stock slides 4% as weekend rating trim dents year-end trade

NEW YORK, December 29, 2025, 10:44 ET — Regular session Key points Sandisk Corp shares fell 4.3% to $239.37 on Monday, after swinging between $236.64 and $249.84 in early trading. The drop matters because Sandisk has been one of 2025’s

29 December 2025

Business·Financial News·Investment·Stock Market·Technology

Intel’s 107,000-sq-ft Santa Clara buildout: what city documents show

NEW YORK, December 28, 2025, 20:59 ET Intel is seeking Santa Clara approval to build two new structures totaling 107,171 square feet at its Bowers campus, according to city project documents. The proposal lands as Intel leans into manufacturing investment

29 December 2025

Business·Corporate News·Real Estate·Technology

Arista Networks CEO Jayshree Ullal Tops Hurun India Rich List 2025, Surpassing Satya Nadella and Sundar Pichai

Jayshree Ullal, the Indian-origin CEO and chairperson of cloud-networking company Arista Networks, has taken the top spot on Hurun’s 2025 ranking of the richest Indian “professional managers”—overtaking far more widely recognized Silicon Valley leaders such as Microsoft CEO Satya Nadella

28 December 2025

Business·Leadership·Technology

Lloyds and Halifax Branch Closures 2026: Full List of 55 UK Bank Branches Shutting, Key Dates, and What Customers Can Do

Dozens of Lloyds Bank and Halifax branches are set to close across the UK in 2026, as Lloyds Banking Group continues to reshape its high-street footprint amid a long-term shift toward digital banking. A widely shared closure schedule lists 55

28 December 2025

Banking·Business·Personal Finance·UK News

Lenskart Invests ₹18.6 Crore in South Korea’s iiNeer for 29.24% Stake as Stock Jumps After Christmas Market Holiday

Lenskart Solutions has stepped up its Asia manufacturing push with a fresh bet on optical hardware—investing in South Korea-based iiNeer Corp., a startup that builds technology-enabled eye-testing and lens-cutting equipment. The update surfaced while Indian markets were shut for Christmas

26 December 2025

Business·Investments·Stock Market

Minneapolis Update (Dec. 25, 2025): Milkjam Owners Buy Former Young Joni Building as Teen Arrested in Thomas Avenue North Homicide

MINNEAPOLIS — Dec. 25, 2025 — Minneapolis is heading through Christmas with two headlines that capture the city’s split-screen reality: a marquee Northeast Minneapolis restaurant space is changing hands in a deal that could reshape the local dining scene, while

25 December 2025

Business·Local News·Real Estate

BP sells 65% of Castrol to Stonepeak in $10.1bn deal as Castrol India open offer follows

LONDON / NEW YORK — December 25, 2025 — BP has agreed to sell a 65% stake in Castrol to Stonepeak in a transaction valuing the lubricants business at about $10.1 billion, marking one of the oil major’s biggest moves

25 December 2025

Business·Energy·Investment·Mergers & Acquisitions·Oil & Gas

Louis Dreyfus Company CFO Patrick Treuer Dies Unexpectedly at 52; LDC to Announce Successor “In Due Course”

Dec. 25, 2025 — Louis Dreyfus Company (LDC), one of the world’s largest agricultural commodities merchants, has confirmed the unexpected death of its Chief Financial Officer, Patrick Treuer, a senior executive who helped guide the privately held trader through years

25 December 2025

Business·Corporate News·Executive Changes·Finance·Leadership

PIA Sold for $482m: Arif Habib Wins Pakistan Airline Bid as JPMorgan Upgrades Dollar General

Dec. 24, 2025 — Two seemingly unrelated stories dominating business headlines this Christmas Eve are both, at their core, about pressure: pressure on household budgets in the U.S., and pressure on governments to prove they can reform and finance struggling

25 December 2025

Airlines·Business·Finance·Mergers & Acquisitions

Bet365 CEO Denise Coates paid at least £280m despite profit slump, as bookmaker expands in the US and exits China

December 23, 2025 Bet365 founder and joint chief executive Denise Coates has taken home at least £280 million in salary and dividends for the latest financial year, even as the privately held online gambling giant reported a sharp drop in

23 December 2025

Business·Corporate News

Business News 23 December 2025 - 29 December 2025