2 Peloton founders leave the company
The departure is part of a managerial shake-up after the fitness equipment company announced a quarterly loss of $1.2 billion last month.
Business
Undocumented workers protest Uber Eats crackdown
These deactivations have infuriated French unions, who believe Uber Eats is deactivating accounts because growth has stalled. “The decision was made without the workers being… Read More »Undocumented workers protest Uber Eats crackdown
Goldman Sachs prepares for layoffs as deal slows down
The bank reported in July that profits had fallen as a result of shaky economic conditions.
The FTC Approaches Runaway AI
The US regulator wants to end unfair use of artificial intelligence and commercial surveillance, but experts remain skeptical.
No choice but to allow Russian uranium shipment
BERLIN (AP) – The German government said Monday it cannot prevent a shipment of Russian uranium destined for French nuclear power plants from being processed… Read More »No choice but to allow Russian uranium shipment
Nikola’s Trevor Milton begins trial in fraud case
Prosecutors say Trevor Milton, former chief executive of Nikola, has lured retail investors with lies about the electric truck company’s technology.
New Zealand Prime Minister Says No Republic Plan After Queen’s Death
WELLINGTON, New Zealand (AP) – Prime Minister Jacinda Ardern said on Monday that her government will not take steps to turn New Zealand into a… Read More »New Zealand Prime Minister Says No Republic Plan After Queen’s Death
How do the Japanese show that they care about them? By sending a telegram.
Millions of messages still pass through Japan every year, offering congratulations or condolences in a way that more modern communications cannot.
Fed’s Exit Puts the World’s Largest Bond Market on Shakier Ground
Some traders worry that the $25 trillion US Treasury market is becoming more vulnerable, and the removal of support from the Federal Reserve could make… Read More »Fed’s Exit Puts the World’s Largest Bond Market on Shakier Ground
At Corporate Pep Rally, Disney CEO Pitches Warmer, Fuzzier Side
At this weekend’s D23 Expo in California, Bob Chapek worked on his rebranding after a rocky start to his tenure.
The Week in Business: A Trump deal in limbo
The European Central Bank has raised its key rate by three quarters of a percentage point. Many employers have set this month for employees to… Read More »The Week in Business: A Trump deal in limbo
VP Harris finds ‘the integrity of democracy’ under threat from election deniers
Vice President Kamala Harris sat exclusively with Chuck Todd on Meet the Press to discuss current threats to our democracy, abortion rights, the legitimacy of… Read More »VP Harris finds ‘the integrity of democracy’ under threat from election deniers
Fed’s Exit Puts the World’s Largest Bond Market on Shakier Ground
Some traders worry that the $25 trillion US Treasury market is becoming more vulnerable, and the removal of support from the Federal Reserve could make… Read More »Fed’s Exit Puts the World’s Largest Bond Market on Shakier Ground
A Caribbean nation will vote to remove King Charles III as head of state, PM says as Queen’s death sparks new debate on impact of colonialism
The Prime Minister of Antigua and Barbuda, Gaston Browne, speaks during a plenary session of the 9th America Summit in Los Angeles, California, June 10,… Read More »A Caribbean nation will vote to remove King Charles III as head of state, PM says as Queen’s death sparks new debate on impact of colonialism
Rise in deaths fuels effort to raise alcohol tax
Excise taxes on alcohol have been standing still for years. But after the pandemic spiked alcohol-related deaths, Oregon activists said higher taxes could save lives.
