Peloton shares plunge as losses widen, sales slump
Peloton's disappointing results come after it embarked on an $800 million restructuring plan, which has included sweeping layoffs and price hikes on its Bike+ and Tread products.
Peloton's quarterly loss tops $1.2B as bike, treadmill sales plunge
The exercise equipment company is taking steps to shore up finances, according to Chief Executive Officer Barry McCarthy, who took over earlier this year.
GDP revision, Salesforce falls and more: Thursday's 5 things to know
Traders will keep their eyes on some important data points in Thursday's session including a GDP revision and jobless claims. The Fed's annual symposium will also get underway in Wyoming.
Starbucks accused of withholding raises from union workers: report
Starbucks has been accused of allegedly withholding wages and benefits from unionized workers by the National Labor Relations Board.
Tips for navigating a recession
The U.S. economy entered a technical recession in the second quarter of the year, which could spell financial trouble for millions of Americans as inflation rages.
Amazon shutting down its hybrid virtual, in-home care service
In a surprise move, Amazon is shuttering its hybrid virtual, in-home care service, known as Amazon Care, that it spent years developing. The service will end by Dec. 31.
AMC aims to roll out microwaveable popcorn
AMC Entertainment is hoping to roll out microwaveable popcorn to customers at home in 2023.
Bed Bath & Beyond shares spike as retailer reportedly secures financing deal
The lifeline comes as Bed Bath & Beyond's stock has seen volatile swings fueled by buying from retail traders and the dumping of an 11.8% stake held by investor Ryan Cohen's RC Ventures.
Nordstrom down, Intuit up, pending home sales and more: Wednesday's 5 things to know
Among the things traders will have their eyes on Wednesday will be the reaction to earnings of Nordstrom and Intuit in premarket trading.
Dick's Sporting Goods stock gains as management lifts earnings forecast
Dick's Sporting Goods reported second quarter earnings that topped analyst estimates and raised its full year forecast.
Macy's cuts full-year forecasts as inflation hits department store spending
The company forecast 2022 net sales of $24.34 billion to $24.58 billion, compared with its previous outlook of $24.46 billion to $24.70 billion.
McDonald's to lose one board member, add three others
McDonald's announced several changes to its board members
Adidas announces CEO Kasper Rorsted stepping down in 2023
Adidas CEO Kasper Rorsted will be stepping down from his position next year. The German-based company has already begun looking for its next chief executive.
AMC APE units begin trading on Wall Street
AMC Entertainment's preferred equity units begin trading on the New York Stock Exchange as rival Cineworld, the operator of Regal Cinemas, warns of possible bankruptcy.
Regal Cinemas owner Cineworld considering filing for bankruptcy
The Regal Cinemas owner said the move would allow it to access near-term liquidity and "support the orderly implementation of a fully funded deleveraging transaction."
Tesla price hike, retailers report earnings, home sales and more: Monday's 5 things to know
Elon Musk said Tesla's Self-Driving System, or FSD, will increase to $15,000 from $12,000 beginning Sept. 5. More retail earnings, home sales and durable goods orders are due this week.
Tesla stock split, Peloton earnings, Fed Jackson Hole symposium top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Twitter says employees might only get half their annual bonus: report
Twitter has told employees that they may only get half of their annual bonuses due to current economic uncertainty
AMC CEO optimistic on future as rival Cineworld shares sink
Cineworld, owner of Regal Cinemas, expects lower levels of admission through November 2022 due to a "limited film slate." It's reportedly planning to file for bankruptcy.
Rising interest rates: Why ETFs are good investments during rocky times
While exchange-traded funds are a good way to diversify a portfolio, there's still no foolproof way to beat high inflation when it comes to investment moves.


















