Category: Market
Peloton slashes full-year outlook as company replaces CEO, cuts jobs
Peloton on Tuesday slashed its financial outlook for the full year after the company announced CEO John Foley will be stepping down, as part of a broa [...]
Biden acknowledges Tesla’s EV leadership despite Musk’s criticisms
President Joe Biden publicly acknowledged Tesla for the first time in his presidency on Tuesday, noting the company's status as the nation's largest p [...]
Chipotle Mexican Grill (CMG) Q4 2021 earnings beat
Shares of Chipotle Mexican Grill jumped 8% in extended trading on Tuesday after the company reported quarterly earnings that topped analyst expectatio [...]
The complete list of Academy Awards nominees
Netflix's "The Power of the Dog" dominated the Academy Award nominations Tuesday, garnering 12 nods.Warner Bros.' "Dune" secured 10, and "West Side St [...]
Meet Peloton’s new CEO, Barry McCarthy
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew A [...]
New Alfa Romeo SUV equipped with NFT, blockchain technology
2023 Alfa Romeo TonaleAlfa RomeoItalian auto brand Alfa Romeo is bringing NFTs, which recently rose to popularity in digital art, to its new Tonale SU [...]
Tesla owns service centers: Pros and cons
Tesla is known for sparking an electric vehicle revolution. It's also brought services to customers, like mobile repairs and over-the-air tune-ups, th [...]
Peloton CEO John Foley to step down, transition to executive chair as company cuts 2,800 jobs, says report
John Foley, CEO of Peloton.Adam Jeffery | CNBC Peloton plans to replace CEO John Foley and cut 2,800 jobs as it hopes to restructure its business amid [...]
China’s holiday box office plunges theaters raise movie ticket prices
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022.Costfoto | Future Publishing | Getty I [...]
Number of rainy days and intense rainfall can affect economy: Study
A man walks through the floods towards destroyed houses in Schuld near Bad Neuenahr, western Germany, on July 15, 2021.Bernd Lauter | AFP | Getty Imag [...]
USDA to spend $1 billion on agriculture projects tackling climate change
A wind farm shares space with corn fields in Latimer, Iowa, U.S.Jonathan Ernst | ReutersThe U.S. Department of Agriculture will spend $1 billion on pr [...]
Take-Two, Simon Property, Chegg & more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010.John Somme [...]
No Way Home’ could have hit $2 billion with China release
Tom Holland stars as Peter Parker in "Spider-Man: No Way Home."SonySince its release in December, "Spider-Man: No Way Home" continues to top box offic [...]
Tesla cut a steering component to deal with chip shortage
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory ou [...]
Here’s what the Spirit and Frontier airlines merger means for travelers
Spirit Airlines and Frontier Airlines expanded aggressively over the last decade offering travelers no-frills service in exchange for ultralow airfare [...]