PRESS DIGEST- New York Times business news

[ad_1] Jan 5 (Reuters) – Following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. – French food retailer Carrefour said on Thursday that it would no longer sell PepsiCo products because the prices were “unacceptably” high for consumers. –…

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Lululemon founder faces backlash for blasting company’s diversity, inclusion efforts

[ad_1] Lululemon’s controversial founder Chip Wilson is again facing criticism for his latest remarks regarding the company’s diversity and inclusion efforts. In a recent article by Forbes, Wilson objected to the company’s use of models with a range of body types, whom he said looked “unhealthy,” “sickly” and “not inspirational.” “They’re trying to become like the Gap,…

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Apple Stock Gets Another Downgrade

[ad_1] For the second time this week, a Wall Street analyst has downgraded Apple (AAPL) stock. Investment bank Piper Sandler on Thursday lowered its rating on the iPhone maker to neutral from overweight, or buy. X Piper Sandler analyst Harsh Kumar downgraded six stocks to neutral from overweight. In addition to Apple, he cut his…

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