Peloton cuts jobs, raises prices in bid for profitability
NEW YORK (AP) — Peloton is laying off employees and raising prices for some of its equipment as part of…
2022
YouTube Plans To Launch Streaming Video Service – WSJ
(Reuters) – Alphabet Inc’s YouTube is planning to launch an online store for streaming video services, the Wall Street Journal…
U.S. House Gives Biden A Win With Massive Bill On Climate Change, Drug Prices
By David Morgan, Moira Warburton and Rose Horowitch WASHINGTON (Reuters) -The Democratic-led U.S. House of Representatives approved a $430 billion…
U.S. Court Upholds FCC Reallocation Of Auto Safety Spectrum
By David Shepardson WASHINGTON (Reuters) -A U.S. appeals court on Friday rejected a legal challenge to the Federal Communications Commission’s…
Mexican Unifin’s Debt Restructuring Is Negative For Other Fincos -Moody’s
MEXICO CITY (Reuters) -Mexican leasing firm Unifin’s debt restructuring is credit negative and could reflect tight refinancing conditions for Mexican…
Amazon’s Ring, MGM to launch show from viral doorbell videos
NEW YORK (AP) — Two Amazon-owned companies — Ring and Hollywood studio MGM — are teaming to create a TV…
Key Ukrainian Adviser Says New, $5 Billion IMF Loan Would Reassure Other Creditors
By Andrea Shalal KYIV (Reuters) – Securing a new $5 billion loan from the IMF would help assure Ukraine’s other…
California governor proposes extending nuclear plant’s life
LOS ANGELES (AP) — California Gov. Gavin Newsom on Friday proposed extending the life of the state’s last operating nuclear…
Inflation Reduction Act may have little impact on inflation
WASHINGTON (AP) — With inflation raging near its highest level in four decades, President Joe Biden on Tuesday signed into…
Oil Falls 2% On Expectations That U.S. Gulf Supply Disruption Will Ease
By Stephanie Kelly NEW YORK (Reuters) -Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the…