(Reuters) -Peloton CEO Barry McCarthy, who was tasked in early 2022 to stem the fitness equipment maker's slide in sales from the pandemic highs, has quit as the company announced job cuts to ...
But subscriber numbers are losing muscle, leading the company on Thursday to lower its full-year forecast for members by 30,000.Peloton also announced a 15% cut to its global workforce on Thursday ...
Many of these mostly small and mid-sized companies could soon be facing their day of reckoning, with due dates looming on ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 basis points over the Secured Overnight Financing Rate, resulting in an ...
Peloton Interactive Inc. (NASDAQ: PTON) has tried almost everything to get back on track. But rivals are gaining market share and customer demand is disappearing. After announcing another bad ...
Benjamin Thomas (Cofidis) heeft de vijfde rit van de Giro d'Italia naar zijn hand weten te zetten. In Lucca bleek hij na een razendspannende finale de beste van een late vlucht van vier, waar het ...
Ook Rudy De Bie is dit jaar opnieuw van de partij. Voor de voormalige winnaar van de Gazet van Antwerpen Trofee in het veldrijden is het al de elfde editie. “Ik doe altijd weer met heel veel ...
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
Some people say, “If you do what you love, you’ll never work a day in your life.” Those people have never met Jerry Habibi.
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels ...
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on their loans — has soared to nearly 7,000 ...