Brody Longo trains on his Peloton sport bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images peloton Wed told her Net loss narrowed On a year-over-year basis, and for the third consecutive quarter, subscription revenue was higher than sales of the company’s connected fitness products. CEO Barry McCarthy described the …
Peloton (PTON) Earnings for the Second Quarter of 2023 Read More »
Attendees watch the Ford Mustang Mach-E GT during opening day of the 2022 New York International Auto Show (NYIAS) in New York, Friday, April 15, 2022. Moon Paradise | bloomberg | Getty Images Detroit – Let’s talk about pricing power. at least, general motors And Ford Motor They likely will this week as they report …
Ford and General Motors to focus on demand during earnings Read More »
Customers wearing protective masks look inside a car for sale at a Ford Motor Co. dealership in Colma, California, February 1, 2021. David Paul Morris | bloomberg | Getty Images Detroit – as automakers Tesla-like earnings chase For new electric vehicles, they’re faced with an existential question: How best to bring authorized car dealers with …
Electric vehicle makers are working to include auto dealers in their future plans Read More »
Evusheld injection (tixagevimab and cilgavimab), a new treatment for COVID-19 that people can take before they develop symptoms. (Chris Sueda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sweda | Tribune News Service | Getty Images On Thursday, the Food and Drug Administration withdrew its authorization for AstraZenecaEvusheld, an antibody shot that people with compromised immune …
The FDA is recalling Evusheld because it is not effective against the subtype variants Read More »
The Food and Drug Administration’s independent advisory panel on Thursday recommended replacing Pfizer and Moderna’s original Covid vaccine used in the United States in everyone’s first immunization with new bivalent Omicron shots. If the FDA accepts the advisors’ recommendation, the US will likely phase out corporate vaccines developed in 2020 against the original Covid-19 strain …
FDA advisors recommend the use of Omicron COVID shots for all doses Read More »
Signs are seen through an overturned shopping cart outside a Bed Bath & Beyond Inc. store. in Greendale, Wisconsin. Daniel Acker | bloomberg | Getty Images bed bath behind On Thursday, it said it did not have enough cash to pay off its debts and had defaulted on its line of credit with JP Morgan, …
Bed Bath & Beyond warns that it does not have the cash to pay off the debt Read More »
Shoppers stock merchandise at Sam’s Club store in Streamwood, Illinois. Scott Olson | Getty Images WalmartHis Sam’s Club announced Thursday that it will open more than 30 new stores in the United States, in its biggest expansion in years. The Warehouse Club’s next store is expected to open in Florida in 2024. Sam’s Club also …
Walmart-owned Sam’s Club plans to open new stores Read More »
Grocery store in New York. Wang Ying | Xinhua News Agency | Getty Images Inflation may cool. But for most Americans, the price of a cup of coffee or a bag of groceries hasn’t budged. In the coming months, the big question is whether consumers will start to feel the relief, too. Related investment news …
Inflation is going down, but high prices will continue Read More »
A Tesla showroom is seen in the City Center shopping mall on January 17, 2023 in Washington, DC. Anna Money Maker | Getty Images Detroit – Tesla Cars in the US are seeing massive price cuts, and this is proving to be a double-edged sword for the electric car industry and the major auto industry. …
Tesla’s price cuts could lead to an electric car price war Read More »
