
Lululemon cuts sales and profit forecasts amid China slowdown and U.S. competition; Tesla launches Cybercab rides in Austin; Volkswagen plans 50,000 more job cuts.
Lululemon has lowered its full-year sales and profit guidance again due to weak performance in China and rising competition in the U.S., expecting a 5-7% sales decline and lower earnings per share. Tesla has quietly launched its fully autonomous Cybe...

