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Consumer News

Peloton, once hailed as the future of fitness, is now sucking wind. Here’s why.

by Ron Morgan
Peloton, once hailed as the future of fitness, is now sucking wind. Here’s why.

Connected fitness company Peloton, known for its tech-enabled stationary bikes and treadmills, has cycled through yet another chief executive. On Thursday, the beleaguered company announced Peloton CEO Barry McCarthy is …

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FTC sues to block $8.5 billion merger of Coach and Michael Kors owners

by Ron Morgan
FTC sues to block .5 billion merger of Coach and Michael Kors owners

The Federal Trade Commission is suing to block Tapestry’s $8.5 billion acquisition of Capri Holdings, saying the deal would harm consumers by reducing competition and raising prices in the affordable …

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Tesla sales drop as competition in the electric vehicle market heats up

by Edgar Davis
Tesla sales drop as competition in the electric vehicle market heats up

Tesla sales fell sharply last quarter as competition in the electric vehicle market increased worldwide and price cuts the company enacted months ago failed to entice more buyers. The Austin, …

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One of your favorite cookies could soon taste different

by Ron Morgan
One of your favorite cookies could soon taste different

The Chips Ahoy! chocolate chip cookie recipe is getting an update featuring a new type of chocolate chip, the company said Wednesday.  The change, the biggest in nearly 10 years, …

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S&P 500 notches first record high in two years in tech-driven run

by Edgar Davis
S&P 500 notches first record high in two years in tech-driven run

What to expect from the economy in 2024 Interest rate cuts? Financial expert on what to expect in 2024 05:24 The stock market rallied to record highs on Friday, with …

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