The $2,000 Bike That Can't Move: Is The Peloton Fad Officially Over?

benzinga.com Business Insider's Emily Stewart may not have just written the Peloton Interactive Inc PTON obituary, but her assessment indicates that the exercise bike company is about to…

US jobless claims jump to highest level since August in sign of weakening labor market

nypost.com Initial filings for unemployment benefits in the US climbed to their highest level since August 2023 — a sign that the robust American labor market is cooling. Initial…

Why Peloton Stock Surged Today

finance.yahoo.com Shares of Peloton Interactive (NASDAQ: PTON) were soaring today after CNBC reported that private equity firms were considering making a buyout offer for the connected…

Embattled Peloton shares soar as private equity firms reportedly consider buyout

nypost.com A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13…

The Private-Equity Takeover Bell Is Tolling for Peloton

thedailyupside.com Nobody wishes it was 2021 again — except maybe Peloton. The COVID-era unicorn is rather lifeless today, and private equity vultures are reportedly circling above its…

Peloton Sees Interest For Potential Buyout From Private Equity, Stock Soars

finance.yahoo.com Peloton Interactive Inc. (NASDAQ:PTON) shares are trading higher following a report suggesting that private equity firms are considering a potential buyout of the company.…

Private equity firms circle Peloton for potential buyout

nbcnews.com A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13…

Private Equity Firms Considering Buyout of Peloton

pymnts.com Private equity firms have reportedly been considering a buyout of Peloton. At least one firm has talked with Peloton about going private, and a number of other firms have…

A comprehensive list of 2024 tech layoffs

techcrunch.com A comprehensive list of 2024 tech layoffs From major layoffs at Tesla, Amazon and Microsoft to small fintech startups and apps The tech layoff wave is still going strong in…

Private equity firms consider potential Peloton buyout, CNBC reports

finance.yahoo.com A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and return to growth after 13…

Stock Market Today: Stocks higher amid interest rates, Mideast concerns

thestreet.com Check back for updates throughout the trading day Stocks edge higher on Tuesday amid concerns about risks tied to the U.S. economy and to events in the Middle East. The Dow…

Peloton Shares Surge On Private Equity Firm Buyout Report

zerohedge.com Peloton Shares Surge On Private Equity Firm Buyout Report Just one week after Barry McCarthy, CEO of Peloton Interactive, announced his departure following a disastrous…

Peloton’s CEO Just Resigned. His 1-Sentence Explanation Is a Brilliant Lesson in Cognitive Empathy

inc.com Barry McCarthy told employees he was stepping down in an email.

Here's how much money you'd have lost if you invested $1,000 in Peloton when it went public

cnbc.com A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. From a CEO…

Peloton Outgoing CEO Barry McCarthy Severance Package & Interim CEOs Salaries Revealed - Peloton Buddy

pelobuddy.com Outgoing Peloton CEO Barry McCarthy has entered into a “transition agreement” with Peloton, serving in an advisory role until the end of the calendar year on December 31,…

Peloton Meltdown Continues: CEO Out, Another 15% Jobs Cut

mediapost.com After two tumultuous years leading Peloton, chief executive officer Barry McCarthy is stepping down. The shift in leadership comes as the connected fitness company’s losses…

A look at Peloton's rough ride post-pandemic

foxbusiness.com In 2022, Peloton CEO Barry McCarthy was tapped to replace co-founder John Foley as the upscale fitness company faced a post-pandemic slump and struggled to navigate after…

Today's Logistics Report: Geopolitics in Supply Chains; Europe Backs Factories; Leaving Baltimore

createsend.com Canada’s goods exports plummeted 5.3% in March, reversing a gain in the month before. (WSJ) Sales of new cars in the U.S. reached a four-month high last month. (MarketWatch)…

Peloton Could Go Out of Business

247wallst.com Quarterly revenue at Peloton Interactive Inc. (NASDAQ: PTON) was so poor that the stock plunged and CEO Barry McCarthy was fired. However, the real description of the…

How long did it take to complete the Trans Mountain pipeline? Take our business and investing news quiz

theglobeandmail.com Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come…