Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley ...
Tag: Business
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at ...
Carvana shares spike 30% as used car retailer posts record first quarter
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023.Brandon Bell | Getty ImagesShares ...
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China.Vcg | Visual China ...
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesStarbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, ...
ISS endorses most of activist Ancora’s nominees for Norfolk Southern board
Influential proxy advisory firm Institutional Shareholder Services recommended on Tuesday that Norfolk Southern shareholders support five of activist Ancora's seven ...
Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
Eli Lilly logo is shown on one of the company's offices in San Diego, California, U.S., September 17, 2020. Mike Blake ...
Starbucks, Workers United made ‘significant progress’ in this week’s contract talks
A Starbucks worker boards the Starbucks union bus after Starbucks workers stood on the picket line with striking SAG-AFTRA and ...
How working for Big Tech lost ‘dream job’ status
Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the tech industry.Layoffs.fyi, a platform ...
American Airlines cuts some international flights into 2025, citing Boeing delivery delays
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. JanValls | Nurphoto ...
