Peloton is replacing its CEO and cutting 2,800 jobs
CNN, CNNBUSINESS By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help…
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Peloton is replacing its CEO and cutting 2,800 jobs
CNN, CNN BUSINESS By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help…
Continue Reading Baby formula shortage has some families scrambling
By Parija Kavilanz, CNN Business Loan Nguyen is a new mom living in a constant state of anxiety. For the past several weeks, following the premature…
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Park outside: Hyundai, Kia recall vehicles due to fire risk
By TOM KRISHER AP Auto Writer DETROIT (AP) — Hyundai and Kia are telling the owners of nearly 485,000 vehicles in the U.S. to park them outdoors…
Continue Reading Fukushima operators send robot into worst-hit melted reactor
By MARI YAMAGUCHI Associated Press TOKYO (AP) — A remote-controlled robot is being used to probe the hardest-hit nuclear reactor at Japan’s…
Continue Reading Cyberattack targets Vodafone Portugal, disrupts services
LISBON, Portugal (AP) — Vodafone Portugal says it has been hacked though no confidential customer data was compromised. The company is one of the…
Continue Reading Huge profits at BP and Shell revive calls for windfall tax to tackle fuel poverty
By Mark Thompson, CNN Business News that Britain’s biggest oil companies made $32 billion in profit last year is stoking calls for the UK…
Continue Reading Germany argues over vaccine mandate for health workers
By GEIR MOULSON Associated Press BERLIN (AP) — Germany’s health minister has decried calls from the main opposition party to suspend the…
Continue Reading BEIJING SNAPSHOT: Olympic press can grab high-tech naps
By CARA RUBINSKY Associated Press BEIJING (AP) — With nowhere really to go, journalists inside the Beijing Olympics bubble are encouraged to sleep…
Continue Reading EU’s chip production plan aims to ease dependency on Asia
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is announcing a $48 billion plan to become a major semiconductor producer. With…
Continue Reading Spanish retiree fights digital bank divide, seeks human help
MADRID (AP) — A Spanish retiree is campaigning to keep in-person customer services at bank branches. On Tuesday he was handing government officials…
Continue Reading BP profits surge as high gas prices hit household finances
LONDON (AP) — BP PLC has reported its biggest full-year profit for eight years. Its coffers have been boosted by soaring oil and gas prices that…
Continue Reading Praise for Eileen Gu breaks Chinese social media
By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Two American-born athletes competing for China. Two radically different reactions from…
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Bats, sharks, pumas: What you need to know about 10 misunderstood animals
Stacker compiled a list of 10 animals often misjudged and misunderstood by humans. Keep reading to learn the roles these 10 misunderstood animals…
Continue Reading China locks down southern city as omicron variant surges
BEIJING (AP) — China has ordered inhabitants of the southern city of Baise to stay home and suspended transportation links amid a surge in COVID-19…
Continue Reading Japan’s Nissan swings back to profit despite chips crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese automaker Nissan has swung back into the black for the quarter through December, despite…
Continue Reading The biggest chip deal in history has fallen apart
By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an initial…
Continue Reading Japan’s SoftBank drops sale of Arm, plans IPO
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese technology investor SoftBank says its planned sale of the British semiconductor and…
Continue Reading US and Russia clash over use and impact of UN sanctions
By EDITH M.. LEDERER Associated Press UNITED NATIONS (AP) — The United States and its allies clashed with Russia and China in the U.N. Security…
Continue Reading The biggest chip deal in history has fallen apart
CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an…
Continue Reading The biggest chip deal in history has fallen apart
CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an…
Continue Reading The biggest chip deal in history has fallen apart
CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an…
Continue Reading Data complaint filed against plan to sell Telenor Myanmar
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — A Telenor Myanmar customer has complained to Norway’s data protection authority that a…
Continue Reading Asian stocks follow Wall St higher after rebound
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stocks are higher after Wall Street rebounded as investors waited for U.S. inflation data…
Continue Reading Bitcoin had a terrible January. But it just hit $45,000 again
By Rob McLean, CNN Business Crypto fans rejoice: Bitcoin is mounting a comeback. The virtual currency briefly breached the $45,000 milestone for the…
Continue Reading Abu Dhabi Ports Group starts trading after $1B capital raise
DUBAI, United Arab Emirates (AP) — Abu Dhabi Ports Group is trading on Abu Dhabi’s stock exchange for the first time, following a $1.1 billion…
Continue Reading Neil Young says Spotify staffers should ‘get out of the place before it eats up your soul’
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue Reading Neil Young says Spotify staffers should ‘get out of the place before it eats up your soul’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading India’s Gautam Adani unseats Mukesh Ambani as Asia’s richest billionaire
By Diksha Madhok, CNN Business India’s Gautam Adani has overtaken his fellow countryman Mukesh Ambani to become the wealthiest person in Asia,…
Continue Reading White House: Top scientist resigns over treatment of staff
By ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden’s top science adviser Eric Lander has resigned after the White House…
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