Peloton shares continued to tumble Thursday amid a short-seller’s warning that the company’s stock will plunge to a paltry $5 because the pricey bike’s fitness app can be used on similar — and cheaper — models. Shares in the embattled high-end stationary bike firm were down 3.2 percent at $31 as of 1:11 p.m. after Andrew Left’s Citron Research slammed […]
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Carter Page on IG report: There’s more coming out Former Trump Foreign Policy Adviser Carter Page discusses Inspector General Michael Horowitz’s testimony on Capitol Hill. The inspector general report into the origin of the Russia investigation found that the FBI omitted key information in its Foreign Intelligence Surveillance Court applications to obtain spy warrants on Trump campaign staffer Carter Page, who says more […]
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Varney on impeachment: The tide is turning and Trump is winning FOX Business’ Stuart Varney on the House impeachment push’s backfiring on Democrats and leading to increased support for President Trump. The tide is turning and President Trump, who has already been winning on the economy, is about to get a win on impeachment too, FOX Business' Stuart Varney argued in […]
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The Japanese financial services major also believes that the first quarter of 2020 will see a “weak” uptick in GDP growth at 4.7 %. India’s economy is expected to grow at 4.3 % in December quarter this year amid concerns over crisis in the NBFC sector, according to Nomura. The Japanese financial services major also believes that the first quarter […]
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Amazon coming to NYC ‘was always going to happen’: NYC council minority whip New York City council minority whip Joe Borelli (R) discusses Amazon’s goal in having a ‘footprint’ in New York City and the possible bias in the IG report. NEW YORK (AP) — Pete Mulvihill has felt optimistic enough about selling books that he bought a third bookstore […]
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Big loss for Boeing; Peloton pedaling backwards Morning Business Outlook: United Airlines plans to replace 50 of its aging Boeing planes with Airbus jets; stock for Peloton drops 7 percent after the brand’s holiday ad went viral for the wrong reasons. The Boeing 737 MAX was allowed to stay in the air after its initial deadly crash even though the Federal […]
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The UK economy stagnated in October as Brexit uncertainties and upcoming election weighed on most of the sectors, data from the Office for National Statistics showed Tuesday. Gross domestic product remained unchanged in October from September, when it was down 0.1 percent. The dominant service sector grew only 0.2 percent month-on-month after showing nil growth. Nonetheless, this was slightly faster […]
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Peloton husband has been receiving ‘hurtful messages’ Husband in Peloton ad Sean Hunter discusses how the now controversial commercial is impacting his career. FORT LAUDERDALE, Fla. (AP) — An administrator for Broward County schools faces a demotion and a nearly $44,000 pay cut because she showed up for work on Halloween dressed as a flasher. Continue Reading Below A complaint […]
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If you think Scott Morrison’s been busy doing not very much since the election in May, you are much mistaken. In truth he’s been very busy doing stuff of not much interest to you. But sometimes it pays to take an interest in things that don’t seem of interest. For instance, I wouldn’t expect you to have taken much interest […]
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