Peloton Slides As Bleak Forecast Douses Hopes Of Quick Turnaround
By Nathan Gomes and Aishwarya Nair (Reuters) -Peloton Interactive Inc on Thursday forecast first-quarter revenue below estimates after a large…
Congress wants to hear what Twitter whistleblower has to say
WASHINGTON (AP) — U.S. lawmakers are anxious to hear from Twitter’s former security chief, who has alarmed Washington with allegations…
Moscow Exchange Plans To Resume Evening Stock Trading In September
MOSCOW (Reuters) – Moscow Exchange plans to relaunch the evening session on its stock market in September, the head of…
U.S., Beijing Near Deal To Let U.S. Inspect Chinese Company Records In Hong Kong – WSJ
(Reuters) – The United States and China are nearing an agreement allowing American accounting regulators to travel to Hong Kong…
Texas Grid Avoids Summer Blackouts With $1 Billion In Extra Spending
By Swati Verma (Reuters) – Texas’ electric grid operator has powered through record demand this summer by paying more to…
Wild week for Peloton shares as earlier gains erased
NEW YORK (AP) — Peloton shares are on a wild ride this week, running up 20% Wednesday on a new…
Oil Prices Firm On Possible OPEC+ Supply Cut
By Ahmad Ghaddar LONDON (Reuters) -Oil prices firmed on Thursday on the prospect that the OPEC+ producer group could curb…
MacKenzie Scott supports child mentors with $44 million gift
LANCASTER, Ca. (AP) — Billionaire philanthropist MacKenzie Scott donated $44 million to the Oregon-based mentoring organization, Friends of the Children,…
Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday…
Fewer Americans claim jobless benefits last week
NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out…