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Investing

Investing

Peloton launching resale market for used bikes, treadmills

June 4, 2025

Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many…

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Investing

Byron Allen puts broadcast TV stations up for sale

June 3, 2025
Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank…
Investing

U.S. foreign tax bill sends jitters across Wall Street

May 31, 2025
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax…
Investing

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

May 30, 2025
Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who…
Investing

Nvidia results spark global chip rally

May 30, 2025
Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia…
Investing

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

May 29, 2025
Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect….
Investing

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

May 29, 2025
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said…
Investing

Walmart fined for shipping realistic toy guns to New York, violating state law

May 28, 2025
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns…
Investing

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

May 25, 2025
The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone….
Investing

Trump clears Nippon merger with U.S. Steel

May 24, 2025
President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire…
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