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Peloton CEO Barry McCarthy to Step Down While the Company Faces a Series of Layoffs Due to Low Profits
Peloton undergoes leadership change with CEO Barry McCarthy stepping down, accompanied by layoffs of 15% of staff, following disappointing fiscal third-quarter results.
Australia: Real Estate Agent Sells Wrong House to Homeowner; Agency John O'Neil & Son Also to Blame
A real estate agent in Australia sold the wrong house to a homeowner, leading to a thousand-dollar fine. Here are other details.
Novo Nordisk's Q1 Profit Surges 28%, Thanks To Booming Demand for Weight Loss Drugs
Novo Nordisk exceeded profit expectations in Q1 2024 with a 28% surge in net profit, driven by Wegovy's success.
Solar Philippines Founder Leandro Leviste Acquires 8.5% Stake in ABS-CBN Worth P76.5M
Renewable energy entrepreneur Leandro Leviste expands into media, acquiring an 8.5% stake in ABS-CBN Corp., with personal ties to former anchor Loren Legarda.
Latest News
An Australian driver collapsed after receiving a fine due to a mobile detection camera catching him using his phone while driving.
Southwest flight attendants have successfully ratified a new four-year contract, which includes a significant 22.3% raise, according to the Transport Workers Union.
Airbnb is expanding its reach into the world of entertainment, specifically film and television, through its latest venture called Icons.
US intelligence allegations about Russia's development of a space-based nuclear weapon were a major topic of debate during a Senate hearing on May 1.
Three sources say Exxon Mobil will ban an oil executive involved in a price-fixing case from joining its board after buying Pioneer Resources.
Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England.
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine.
Missouri residents may have the opportunity to vote on a potential increase to the minimum wage this November.
A new rule banning hidden service fees may oblige some California restaurants to remove them from customers' bills.