Pelulu: After years of trying to copy each other, Lululemon and Peloton are spinning up a five-year partnership. Peloton classes will stream on Lulu’s fitness app, while Lulu will become Peloton’s main apparel partner.
Prime: The Federal Trade Commission and 17 states filed a mega antitrust suit against Amazon to “pry loose” what the FTC calls its ecomm monopoly. Regardless of who wins, the regulatory heat could pressure Big Tech to make changes.
Action: After a five-month strike, Hollywood writers reached a contract deal with studios and streamers. Writers secured more than analysts first thought possible, including wage increases and AI protections.