Lifestyle

Dr. Seuss taps bankers to value franchise

Dr. Seuss Enterprises, the private company that manages the work of the late Theodor Seuss Geisel, is reportedly in talks with top bankers to determine the value of its intellectual property.

Peloton sales plummet, shares skid

The fitness giant posted a net loss of $757.1 million, or $2.27 per share, compared with a loss of $8.6 million during the same period a year ago, while revenue slipped 24% year over year to $964.3 million, compared with $1.26 billion in the year-ago period.