Peloton reports wider-than-expected loss, but points to progress in its turnaround

Peloton reported subscription growth despite its ninth straight quarter of losses.

Moderna posts surprise quarterly profit despite waning demand for Covid vaccines

Moderna maintained its full-year guidance of around $5 billion in revenue from its Covid vaccine, its only marketable product.

Macy’s push into smaller and off-mall stores is its answer to investors who see department stores as dull and irrelevant.