Lululemon Is Making Peace With Its Founder
WSJ Minute Briefing
The Wall Street Journal
4.1 • 670 Ratings
🗓️ 27 May 2026
⏱️ 3 minutes
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| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. |
| 0:05.0 | It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. |
| 0:11.3 | That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. |
| 0:17.9 | Join him later to learn why agents are a game changer for businesses across industries. |
| 0:26.0 | Here's your midday brief for Wednesday, May 27th. I'm Alex Ocelot for the Wall Street Journal. |
| 0:32.8 | Lulu Lemon is making peace with its founder, Chip Wilson. Wilson has publicly criticized the company for years. |
| 0:39.4 | He said Lulu Lemon lost its cool and was overtaken by newer rivals. Now, the two sides have reached a deal. |
| 0:45.9 | Wilson's allowed to name two directors to the board. Lulu Lemon is also adding a third director |
| 0:50.8 | with product and brand expertise in apparel. And Wilson, he's agreed to stop |
| 0:55.1 | criticizing the company for 18 months. Lulu Lemon shares were up about 5% in midday trading. |
| 1:01.7 | Robin Hood is launching a new feature that lets customers use AI to trade stocks and make credit |
| 1:06.8 | card purchases. The brokerage's users can link an AI agent, like Anthropics Claude or |
| 1:11.8 | the coding agent cursor, to a separate dedicated investment account. Then the agent can access |
| 1:16.9 | the dedicated funds and place trades. For now, only stock trades are on the table. Executive said |
| 1:22.4 | that options, crypto, and event contract capabilities will come later. Robin Hood stock was up |
| 1:27.4 | about 2% in midday trading. |
| 1:30.2 | And Universal Music Group shareholder Boleret Group is calling on the record label to reject a $65 billion bid from Bill Ackman's Pershing Square capital. |
| 1:40.0 | Searle Bollary, Bolleray CEO, said Ackman's cash and stock offer undervalues Universal. |
| 1:46.0 | This resistance could derail the transaction. The Bolleray family commands nearly 40% of |
| 1:51.3 | Universal's voting rights. Pershing didn't respond to a request for comment. Universal declined |
| 1:56.5 | comment, but the music company has previously said its board was reviewing the proposal. |
| 2:01.4 | Heads up, an artificial intelligence tool helped us make this episode by creating |
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