Category: Business

New York (CNN Business)Peloton is slashing jobs again, and this time it’s also hiking prices on some of its products. It’s part of a major cost-cutting strategy as the beleaguered … Read More

Los Angeles County officially escaped the federal government’s “high” Covid activity category today, advancing to the “medium” level thanks to the falling rate of new virus-related hospital admissions. The county … Read More

EXCLUSIVE, 9:15 AM: Christopher Malone has been promoted to Chief Financial Officer of Byron Allen’s Allen Media Group. The move comes just two months after the veteran exec joined AMG … Read More

After ending the previous session sharply higher, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a slight uptick … Read More

European stocks were broadly higher on Thursday after data showed Germany’s factory orders fell less than feared in June. Orders declined by 0.4 percent from May, while analysts had predicted … Read More

Lyons Magnus LLC has expanded its initial recall of nutritional and beverage products to include additional brands and code dates, the U.S. Food and Drug Administration announced. The products were … Read More

Gene Lebell, who had an acting and stunt career that stretched from The Adventures of Ozzie and Harriet to 24 and who the WWE called today “a towering figure in … Read More

Stocks have moved mostly higher during trading on Wednesday, regaining ground following the pullback seen over the two previous sessions. The tech-heavy Nasdaq has helped lead the way higher, climbing … Read More

Biotechnology company Moderna, Inc. (MRNA) reported a profit for the second quarter that increased from last year, reflecting improved revenues on commercial sales of the company’s COVID-19 vaccine in the … Read More

Stock exchanges have increased scrutiny of investors domiciled in Sikkim, following reports of illegal routing of investments through the Northeast state to evade taxes. The National Stock Exchange (NSE) has … Read More

Retail sales and final composite Purchasing Managers’ survey results from euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis … Read More

After launching expressway projects worth almost Rs 1 trillion, the Uttar Pradesh government is now betting big on the aviation sector to propel the state’s economic growth. Air travel, comprising … Read More