Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO

Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September. Read more
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Tesla Profit Rises but Remains Below Earlier Highs

The company is investing in robots and self-driving taxis that are not yet generating significant sales. Read more
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Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz

Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began. Read more
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