Peloton Reports a $1.2 Billion Loss as Sales Slow
The maker of exercise bikes attributed part of the loss to restructuring charges related to supply chain and inventory problems.
The maker of exercise bikes attributed part of the loss to restructuring charges related to supply chain and inventory problems.
The Federal Reserve chair will speak at a key annual economics conference, which is focused on economic constraints. But investors will be listening for clues about the central bank’s path ahead.
They underestimated the impact of global warming, and their preferred policy solution floundered in the United States.
Last month, the company said it planned to acquire One Medical, a much larger competitor to its own health care business.
It was the first time that an influence operation promoting U.S. interests abroad had been discovered and taken down from the social media platforms.
The decision, expected Wednesday, will cap months of deliberations over fairness and the potential to exacerbate an inflation rate that has reached a 40-year high.
The deal, which will help expand distribution of its stationary bikes, comes in the middle of a turnaround effort by the company’s new chief executive.
Executives are racing to let employees know that they’re not just empty suits. They’re humans, with emotions, which they’re now sharing more broadly.
The debt forgiveness comes after months of deliberations in the White House over fairness and fears that the plan could exacerbate inflation before the midterms.
Black unemployment fell quickly after the initial pandemic downturn. But as the Federal Reserve fights inflation, those gains could be eroded.