Aug 12 (Reuters) – Peloton Interactive Inc ( PTON.O ) said on Friday it will cut jobs, close stores and raise prices on its exercise equipment, including high-end treadmills and bikes, while undertaking a company-wide revamp to bolster its revenue and improve cash flow. The company’s shares rose about 11% in afternoon trade after the …
Peloton to cut jobs, close stores and raise prices in company-wide revamp Read More »
ERIE, PA — With two large American flags stretched across the wall behind him, Pennsylvania Lt. Gov. John Fetterman took to the podium Friday night for his first rally of his 2022 Senate bid, and the his first public campaign stop since suffering a stroke in May. But amid attacks from his Republican opponent Mehmet …
John Fetterman re-emerges on the campaign trail after stroke Read More »
Ukraine estimates Russian death toll in Crimea blasts high New York Times It is still unclear what caused the explosions at an air base in Crimea. But analysts say Russia suffered a major loss CNN Russia loses warplanes during attack on Crimean airbase | USA TODAY USA TODAY Ukraine’s attack on Russian air base sends …
Live Updates: Ukraine estimates Russian death toll much higher in Crimea blasts Read More »
FBI agents who searched former President Donald Trump’s Mar-a-Lago home on Monday seized 11 sets of classified documents, including some marked top secret and available only at special government facilities , according to a search warrant issued Friday by a Florida court. . FBI agents took about 20 boxes of items, photo notebooks, a handwritten …
FBI Recovered 11 Sets of Classified Documents in Trump Search, Inventory Shows Read More »
Placeholder while loading item actions San Diego Padres star Fernando Tatis Jr. tested positive for a performance-enhancing drug and was suspended 80 games, a punishment that ends his 2022 season, Major League Baseball announced Friday. In a statement, the 23-year-old parador said he inadvertently treated ringworm with a medication containing the banned substance Clostebol and …
Padres star Fernando Tatis Jr. suspended 80 games for violating MLB’s PED policy Read More »
All Democrats in Congress supported the final product, called the Inflation Reduction Act. It was largely shaped by Mr. Manchin, Mr. Schumer and Sen. Kyrsten Sinema, D-Arizona, another centrist, who resisted many of the tax increases advocated by most of his colleagues. The package eliminated most of the spending that would have gone toward expanding …
House Passes Extensive climate, tax and health package Read More »
The final vote was 220-207, along party lines. Four Republicans did not vote. Now that the Democratic-controlled House has passed the bill, it will go to Biden to sign it. The bill’s final passage marks a milestone for Democrats and gives the party a chance to achieve long-sought policy goals ahead of the upcoming midterm …
House passes Democrats’ health and climate bill, clearing measure for Biden’s signature Read More »
Placeholder while loading item actions A mention of California might normally conjure up images of wildfires and droughts, but scientists say the Golden State is also the site of extreme once-in-a-century “megafloods,” and climate change could amplify how much point one gets bad. The idea seems inconceivable: a month-long storm dumping 30 inches of rain …
A ‘megaflood’ in California could drop 100 inches of rain, scientists warn Read More »
Stocks continue to rise The market rose again in the afternoon, with the Dow up more than 300 points. The top performers of the 30-stock average include Disney, Merck and Apple. The S&P 500 is now up nearly 3% for the week. – Jesse Pound Michael Burry warns of ‘addictive’ consumer behaviour: ‘Winter is coming’ …
The market rally gains strength, with the Dow up more than 300 points Read More »
Placeholder while loading item actions Health officials announced Friday that the polio virus has been found in New York City sewage, a discovery that extends the known presence of the virus from the region’s northern suburbs to the larger city of the country. The city and state health departments did not provide details on where …