Peloton to hike monthly fee for on-demand fitness content

(Reuters) -Peloton Interactive Inc is raising the monthly fee for its on-demand fitness content in U.S. and Canada after eight years, while cutting the prices of its Bike, Bike+ and Tread machines in all markets, the exercise equipment maker said on Thursday.

newspaper

14-04-2022

U.S. companies load up on costly inventories as new supply snarls loom in China

Through most of the pandemic, Kent International, Inc couldn’t import enough Chinese-made bicycles to supply Walmart Inc and its other big U.S. retail customers.

newspaper

14-04-2022

UnitedHealth says deferred care demand not as high as feared, shares rise

(Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during the pandemic was approaching normal levels but had not increased as feared.

newspaper

14-04-2022

Global growth hit by Ukraine war, IMF's Georgieva says, warning of 'very dangerous time'

The International Monetary Fund will cut its global growth estimates for 2022 and 2023 as Russia's war in Ukraine drives food and energy prices higher, piling pressure on already fragile economies, Managing Director Kristalina Georgieva said on Thursday, warning the world was in "a very dangerous time."

newspaper

14-04-2022

BMW CEO says energy, raw material prices to remain high

BMW CEO Oliver Zipse said companies needed to plan for energy prices and raw materials to remain high by being more efficient in their production and stepping up recycling efforts to keep costs down.

newspaper

14-04-2022

Peloton to hike monthly fee for on-demand fitness content - CNBC

Exercise equipment maker Peloton Interactive Inc is hiking the monthly fee for its on-demand fitness content for the first time ever, while lowering the prices of its Bike, Bike+ and Tread machines, CNBC reported https://www.cnbc.com/2022/04/14/peloton-raises-subscription-fees-cuts-prices-for-bikes-treads.html?__source=sharebar%7Ctwitter&par=sharebar on Thursday.

newspaper

14-04-2022

Nasdaq, S&P 500 fall as growth shares lose steam; banks report mixed earnings

The Nasdaq and the S&P 500 fell on Thursday as rising yields weighed on megacap growth stocks, while a slew of Wall Street lenders reported mixed earnings on the last day of a holiday-shortened week.

newspaper

14-04-2022

WhatsApp tests new feature to organize groups for work, school

WhatsApp is testing a new feature called Communities to organize groups in larger structures that could be used by workplaces or schools, the messaging service owned by Meta Platforms said on Thursday.

newspaper

14-04-2022