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03/26/2020 | 08:16pm EDT
Lululemon Says Coronavirus Curbed Sales Growth in March 
 

Lululemon Athletica reported strong sales growth in its year-end quarter, but said business slowed substantially during the second week of March, as the novel coronavirus forced it to close stores across the U.S. and Europe.

 
U.S. Moving Forward With Rule to Limit Chips to Huawei 
 

The Trump administration is moving ahead with new restrictions aimed at cutting off Chinese telecom-equipment maker Huawei from one of its main suppliers of advanced semiconductors, according to people familiar with the situation.

 
Singapore Airlines to Raise S$15 Bln via Equity, Debt Offering Amid Grounding 
 

Singapore Airlines plans to raise 15 billion Singapore dollars ($10.48 billion) via equity and debt to shore up its balance sheet after grounding most of its fleet due to the Covid-19 crisis.

 
Facebook Nears Complete Board Overhaul With Latest Exit 
 

The social media giant's board suffered another surprise departure with the exit of Jeffrey D. Zients, leading to an almost complete shake-up of the directors.

 
Apple Can't Distort This Reality 
 

Launching a 5G iPhone this year may be unwise, but Apple has other moves it can make.

 
ViacomCBS's Free Fall Forces Parent to Give Up Borrowing Power 
 

ViacomCBS parent National Amusements has reached a deal with Wells Fargo to restructure its credit facilities.

 
Ackman Has Big Win on Bearish Market Bet 
 

William Ackman's Pershing Square just scored big on a bearish bet that enabled him to sidestep steep market losses.

 
ABN AMRO Takes $200 Million Loss on U.S. Client 
 

The Dutch lender said it will take a $200 million net loss after a U.S. client of its clearing division couldn't meet a margin call on a loan, the latest evidence of how the fallout of the coronavirus pandemic is spreading through the financial system.

 
U.S. to Take Stakes in Airlines in Exchange for Grants, Mnuchin Says 
 

The federal government would take stakes in air carriers in exchange for billions in direct grants to the companies, as part of a $2 trillion economic rescue package, according to people familiar with the matter.

 
Hotel Giant Oyo Looks to Rewrite Contracts That Fueled Its Rise 
 

The SoftBank-backed Indian startup is ending its practice of guaranteeing bookings as it seeks profitability.

 
 

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