Peloton’s profits plunge $757 million
Peloton, the maker of connected fitness bikes that was one of the hottest companies early in the pandemic, said Tuesday that it lost $757 million...
Elon Musk’s deal for Twitter includes a $1 billion breakup fee
If the $44 billion deal between Elon Musk and Twitter falls apart, either side may have to pay the other $1 billion, according to a...
With deal for Twitter, Elon Musk lands a prize and pledges fewer limits
Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over...
After trusting employees to work their way through the pandemic, employers are starting to take attendance
As businesses call employees back, they are deciding whether to take measures to ensure that people are reporting to their desks.
Peloton CEO stepping down as 2,800 face lay offs
Peloton announced Tuesday that it had replaced its chief executive, John Foley, who also is a co-founder, and said it would lay off 2,800 employees.
Businesses whipsawed again as justices block vaccine mandate. Some are keeping their own rules
A requirement that large companies mandate vaccines or testing for workers was blocked by the Supreme Court on Thursday, leaving the often fraught choice up...
Topps will sell sports card business to Fanatics
Longtime sports card maker Topps is being bought by Fanatics. Topps lost its contract with Major League Baseball to Fanatics in August.