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Category Archives: Uncategorized

Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality

Peloton’s shares plunged 20% after the company posted a wider-than-expected loss and churn that it blamed on its Bike seat recall and seasonality.

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SpaceX reportedly turned a profit in the first quarter

The rare look at SpaceX’s financials offers a clue into how the company is faring while it ramps up Starlink and races to get the […]

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‘Dune: Part Two’ is supposed to come out this year. The strikes could change that

Due to dual Hollywood labor strikes, studios are being forced to decide between releasing films without actor promotions or push openings to next year.

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Moderna says new Covid vaccine was effective against Eris variant in early trial

Moderna’s vaccine and new shots from Pfizer and Novavax are slated to roll out within weeks, pending potential approvals from the Food and Drug Administration. 

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Weight-loss drugs are priced substantially higher in the U.S. than in other countries, analysis says

The KFF analysis comes as many U.S. health insurers balk at the extreme cost of weight-loss drugs and drop the medications from their plans.

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Walmart and Target face similar problems — but only one is thriving

The two big-box retailers’ fiscal second-quarter results had sharp differences, even as economic factors shape consumer spending.

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Wegovy could prevent up to 1.5 million heart attacks, strokes over 10 years, study says

The results complement the data Novo Nordisk released last week, which found Wegovy slashed the risk of serious heart problems and heart-related death by 20%. 

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Target Pride backlash adds to sales woes as culture wars rage in corporate America

As Target reported earnings, CEO Brian Cornell defended the company’s decision to pull some merchandise, but said it will continue to celebrate Pride month.

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‘Barbie’ beats Batman, becomes Warner Bros.’ highest-grossing domestic release

“Barbie” has topped $537 million, making it the highest-grossing domestic movie in Warner Bros. Discovery’s 100-year history.

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Several Buy Buy Baby, Harmon stores to reopen after buyers scored deals on the bankrupt brands

The new owners of Buy Buy Baby plan to reopen 11 stores as soon as this fall while Harmon is coming back, too, after Bed […]

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