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Categories Business

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Author admin November 1, 2024

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.  Stern, the president of Ford

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Categories Business

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Author admin November 1, 2024

Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining

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Categories Business

JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’

Author admin October 31, 2024

JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to

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Categories Business

Dropbox slashes 20% of global workforce, eliminating more than 500 roles

Author admin October 31, 2024

Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to

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Categories Business

Immersive entertainment company Cosm lands rights to broadcast NFL games

Author admin October 30, 2024

Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the

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Categories Business

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

Author admin October 29, 2024

Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an

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Categories Business

Nvidia overtakes Apple as world’s most valuable company

Author admin October 29, 2024

Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its

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Categories Business

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s top the list

Author admin October 25, 2024

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according

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Categories Business

Boeing machinists reject new labor contract, extending strike

Author admin October 25, 2024

Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that

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Categories Business

Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments

Author admin October 24, 2024

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment

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