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2 mins read

Media mogul Barry Diller slams fellow billionaires who back Trump for economic reasons: they 'don't need another nickel'

Barry Diller criticized the super-wealthy who ignore Donald Trump's character flaws and support him…

Theron Mohamed   


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1 min read

Former billionaire John Foley says he lost all of his money and had to sell 'almost everything' after losing Peloton CEO job

John Foley, once a billionaire, says losing his job as the CEO of Peloton cost him dearly and he "h…

Sarah Jackson   


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1 min read

Peloton hires a former Amazon VP as CFO on a $1 million base salary to deal with its struggling finances

Peloton's new CFO Liz Coddington faces the daunting task of turning around Peloton's finances, whic…

Rosie Bradbury   


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Peloton will now let some customers rent its pricey bikes for $60 to $100 a month — here's how it works

The rentals are much more affordable than Peloton's usual prices, which include at least $1,495 for…

Sarah Jackson   


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The best memes from the 2024 Oscars include a naked John Cena and Hollywood's new favorite dog

The best memes from the 2024 Oscars included John Cena presenting the award for best costume design…

Olivia Singh   


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1 min read

New Peloton CEO Barry McCarthy denies reports that angry laid-off staffers crashed and cut short an all-hands meeting where he was introduced

In an interview with The New York Times, McCarthy refuted reports that an internal meeting announci…

Sarah Jackson   


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Peloton's new CEO explains the difference between his management style and that of his predecessor, John Foley: 'You'll never hear me say we're a family'

"I love John's strengths, but I'm running the company," new Peloton CEO Barry McCarthy told NYT's D…

Sarah Jackson   


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1 min read

New Peloton CEO describes what went wrong at the company: 'They spent money on things that they shouldn't have'

New Peloton CEO Barry McCarthy also told NYT's DealBook that the pandemic darling "got caught up in…

Sarah Jackson   


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3 mins read

Meet Peloton's new CEO, an ex-Spotify exec taking the helm amid major cuts and investor pressure

The new CEO will oversee big job cuts and handle investor pressure on the embattled fitness company.

Meghan Morris   


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3 mins read

The House Republican who led a rioter on a tour the day before the January 6 attack could lead the committee overseeing Capitol security

With Rodney Davis's loss to a Trump-backed challenger, Barry Loudermilk is now next in line to lead…

Bryan Metzger   


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2 mins read

Arizona voted to tax the wealthy to pay for public schools

Proposition 208 will enact an additional income tax for those earning over $250,000 — and could fun…

Juliana Kaplan   


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Peloton is raising subscription prices for the first time to $44 a month, but cutting prices on bikes and treadmills

Peloton has cut the price of its bikes and increased its subscription costs, attempting to bring mo…

Gabrielle Bienasz   


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10 mins read

An oral history of 'Raising Arizona,' the comedy classic that made Nicolas Cage a star

Cast and crew members share the good, the bad, and the Nicolas Cage as they look back at the Coen b…

Gregory James Wakeman   


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1 min read

Frontier Airlines CEO Barry Biffle says travelers are not panicking over the Omicron variant as sales remain strong

"I think consumers, as well as our employees, they're just not panicking and overreacting," Frontie…

Zahra Tayeb   


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12 mins read

Jason Guerrasio   


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1 min read

Results: Republican Sen. John Thune defeats Democrat Brian Bengs in South Dakota's US Senate election

Republican John Thune won reelection in a state that has trended considerably toward the GOP.

Hanna Kang   


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1 min read

The activist investor behind the exit of Peloton's founder isn't happy with the company's changes so far, and says 'the best option is to sell'

Blackwells Capital called former CEO John Foley a "distraction" and said that Peloton has not addre…

Dominick Reuter   


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11 mins read

The rise and fall of Peloton, from pandemic-era success story to its stock hitting a record low

Peloton's CEO Barry McCarthy is out after two years as the stock hit a record low. The fitness bran…

Avery Hartmans   


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2 mins read

Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO's resignation

In a 65-page presentation to the Peloton board, Blackwells Capital named 19 potential acquirers of …

Isabelle Lee   


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Outgoing Peloton CEO John Foley takes the blame for Peloton's crash: 'We own this. I own this.'

"We've made missteps along the way," Foley said in his final investor call as Peloton CEO on Tuesda…

Ben Gilbert