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Late-night TV, Kia & Hyundai recalls, Lululemon-Peloton: Top Stories

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Late-night talk show productions are set to resume after studio executives struck a deal with the striking Writers Guild of America (WGA). Automakers Kia (000270.KS) and Hyundai (HYMTF, 005380.KS) are recalling over 3 million vehicles over the risk of engine fires. Lastly, Peloton (PTON) has struck up a five-year strategic partnership with Lululemon (LULU).

Yahoo Finance’s Julie Hyman highlights several of Wednesday’s top stories.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Video Transcript

[AUDIO LOGO]

JULIE HYMAN: It is closing time here at Yahoo Finance. Here’s a look at some of the top stories of the day. With the writers strike officially over, late-night talk shows, they’re coming back. All the major hosts, Jimmy Fallon, Seth Meyers, Stephen Colbert, John Oliver, and Jimmy Kimmel, all of them announcing that their shows will be back on Monday night. These were the first shows affected by the strike back in May. And now, they’ll be the first to return.

Kia and Hyundai recalling millions of vehicles in the United States. The companies issuing the recall over the risk of fires, warning owners to park their cars outside and away from structures until repairs are complete. More than 1.7 million Kias from 2010 to 2017 are affected, while 1.6 million Hyundais from 2011– excuse me, 2011, yes, to 2017 are included in the recall.

And Lululemon and Peloton are striking a five-year strategic partnership. Peloton is going to be the exclusive digital fitness content provider for the apparel-maker. And Lululemon will be Peloton’s primary clothing maker. Lululemon, at the same time, will discontinue sales of its mirror by the end of the year.

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