PRESS DIGEST -Wall Street Journal - May 20

Target
Lululemon Athletica
Analog Devices
The Gap

Target

TGT

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Lululemon Athletica

LULU

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Analog Devices

ADI

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The Gap

GAP

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May 20 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Doug Ostrover, a co-founder of Blue Owl Capital, sold his remaining stake in the NFL’s Washington Commanders football team.

- Target TGT.N appointed former Walmart executive Jeff England as chief global supply-chain and logistics officer to reverse sluggish sales.

- Analog Devices ADI.O agreed to buy Empower Semiconductor for $1.5 billion in an all-cash deal.

- Gap GAP.N appointed Donald Kohler as global brand president and chief executive of its Banana Republic brand.

- KPMG partnered with Anthropic to integrate Claude AI tools into its global tax and consulting services for increased efficiency.

- Lululemon’s LULU.O board was narrowing in on a resolution of its long-running spat with company founder Chip Wilson last week, according to emails, before things fell apart.


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