Peloton co-founder John Foley faced Goldman Sachs margin calls as stock sank: WSJ
Foley pledged about 3.5 million Peloton shares as collateral as of the end of September 2021, or about 20% of his stake at the time, according to the Wall Street Journal.
Honda announces new $4.4B Ohio battery plant
Honda Motor Co. and LG Energy Solution announced on Tuesday that the two companies will build a new $4.4 billion battery plant in Fayette County, Ohio.
Mega Millions, Powerball jackpots top $400M
The Mega Millions jackpot is estimated at $445 million ahead of a Tuesday drawing while the Powerball jackpot has surged to $420 million before a Wednesday drawing.
California's drought adds to food inflation with tomatoes, onions, garlic hit
California's ongoing drought is expected to impact the prices of key crops like tomatoes and onions, driving food inflation even higher for consumers.
Delta, electric air taxi company Joby Aviation team up on home-to-airport service
Delta has made an upfront equity investment of $60 million in Joby with the opportunity to expand that to $200 million as the companies work towards launching the service.
Market expert predicts US enters a recession in next 12 to 18 months
Cornerstone Wealth chief investment officer Cliff Hodge says company guidance and hiring plans will be 'key' this quarter.
Fed vice chair talks inflation, hotels hit by crime wave and more: Tuesday's 5 things to know
On Tuesday, traders will be watching as some big names – including Pepsi, Citigroup, Wells Fargo and Delta Airlines – are set to announce 3Q earnings later in the week.
Amazon to invest $972M for electric vans, trucks in Europe
Amazon, in order to stay on track to meet it's Climate Pledge, will work with Rivian to triple it's fleet of electric delivery vans in Europe by 2025.
Hulu raises subscription prices
Under the planned hike that was disclosed in August, ad-supported Hulu will now cost $7.99 per month while Hulu without ads will cost $14.99 per month.
Retailers offer early holiday deals as Americans feel inflation squeeze
Smart shopping expert Trae Bodge advises consumers to 'be cautious' and do their research to find the best prices.
Dunkin' drinkers in uproar after coffee giant changes rewards program
Dunkin' Donuts loyalists are in uproar after the company changed its rewards program. They say drinks cost more and there are no more free birthday drinks.
Marriott, Hilton latest companies hit by US crime wave
Hotels, including Marriott and the Hampton Inn, appear to be getting caught in the United States' rising crime wave this year, with shootings recently happening at two locations.
'Shark Tank's' Robert Herjavec most worried about Fed's 'maniacal' rate hikes weakening the economy
Cyderes CEO and "Shark Tank" star Robert Herjavec argues the economy will "hit a wall" and stop growing if the Federal Reserve continues its aggressive rate hikes.
Major US airport websites taken offline, pro-Russia hacking group takes credit
A pro-Russian hacking group named Killnet has reportedly launched a distributed denial-of-service attack, making some U.S. airport websites unavailable.
Texas Pete hot sauce sued after consumer learns product is made in North Carolina
A California man claims that hot sauce maker Texas Pete is using false advertising to sell its sauce after he learned the product was made in Winston-Salem, North Carolina.
Robert Herjavec signals a 'fundamental shift in ransomware' attacks
Cyderes CEO and 'Shark Tank' star Robert Herjavec says his company's threat researchers identified a brand new kind of ransomware extortion.
Montana restaurant battling inflation, workforce woes: 'A perfect storm'
Iron Horse chef and general manager Todd Engel tells 'Varney & Co.' his business is having a 'really hard time' coping with higher prices and hiring troubles.
Tesla breaks its China factory delivery record but trails BYD
Tesla's factory in Shanghai recorded its largest-ever output, but so did its rival BYD. BYD produced nearly 95,000 electric vehicles while Tesla produced 83,000.
iPhone 14 crash detection feature reportedly dials 911 from roller coasters
Apple's new crash detection feature of the recently released iPhone 14 has been called 911 from roller coasters in Cincinnati and Chicago, according to a report.
Cannabis industry faces 'cart before the horse' issue: Brady Cobb
Sunburn Cannabis CEO Brady Cobb details research around recreational marijuana, and its positive impact on the economy.



















