Peloton undergoes leadership change with CEO Barry McCarthy stepping down, accompanied by layoffs of 15% of staff, following disappointing fiscal third-quarter results.
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Baltimore Bridge Collapse Update: Insurer Chubb Preparing $350M Payout, But Is This Enough?
Baltimore Bridge's insurer, Chubb, is allegedly preparing a $350 million payout for the incident.
Elon Musk's Tesla Interns Blame CEO for Ruined Summer Plans Due to Last Minute Revokes
Even interns are not safe from Elon Musk's Tesla mass layoffs. Tesla interns blamed Elon Musk for ruining their summer plans. Previously, the billionaire shocked many people after announcing that he wanted to be "absolutely hardcore" in cost-cutting efforts, such as layoffs.
Philippine Government Presses Criminal Charges on Trading Company Over $3.4M in Fake Receipts
Philippine authorities charge a trading company for using $3.4M in fake receipts to evade taxes, reinforcing the crackdown on financial fraud.
Australian Facial Recognition Company Outabox's Biometrics Breached by Hackers
Australian facial recognition firm Outabox suffered a major breach of personal data and biometrics, prompting legal investigations and calls for stricter regulations to protect biometric privacy.
Latest News
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 exceeded profit expectations in Q1 2024 with a 28% surge in net profit, driven by Wegovy's success.
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.
Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement.
TV producer Dan Schneider is alleging that the 'Quiet On Set' producers unjustly portrayed him as a child sex abuser at Nickelodeon, resulting in severe damage to his reputation.
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.
