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SoulCycle closing multiple studios across U.S.

After years of expansion, few would have predicted that the fitness chain that helped popularize boutique indoor cycling would now be facing another round of studio closures across the U.S. Founded in 2006 in New… 

Convenience store giant sells stores, exits market

A familiar convenience store brand is leaving an entire market, ending a presence that had become part of many customers’ daily routines, from morning coffee runs to grabbing pizza on the way home, as it… 

Morgan Stanley sends clear message on eBay, Etsy

Wall Street is taking a fresh look at eBay and Etsy, and the conclusions may surprise investors who have written off both companies. In a research note shared with me, Morgan Stanley analysts Nathan Feather… 

Lucid loses crucial EV exec after CEO shift

Less than two weeks after Silvio Napoli took over as Lucid’s new chief executive officer, an experienced senior executive has departed in another leadership shake-up for the EV maker.  Emad Dlala, Lucid’s senior vice president… 

Morgan Stanley resets staggering Chewy stock target

Chewy (CHWY) posted record profits, beat earnings expectations, and added nearly 200,000 net customers in its latest quarter. Then investors pushed the stock to its lowest level in over a year. The sell-off followed a…