Peloton recalls 2.2 million exercise bikes over seat issue
(Reuters) -Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue,
2023-05-11 22:47
Activist investor Elliott pushes for changes at Goodyear, shares jump
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Rubber & Tire Co
2023-05-11 22:46
Citgo posts $937 million first quarter profit on strong margins
HOUSTON Refiner Citgo Petroleum Corp has reported first quarter net profit of $937 million on strong motor fuel
2023-05-11 22:45
Peloton is recalling 2 million bikes because seats could break in the middle of a ride
Peloton is recalling 2 million bikes because of a safety hazard caused by the adjustable seat that could break during use and injure the rider.
2023-05-11 22:29
Ukraine says its counteroffensive now delayed; Britain says it's sent cruise missiles to Kyiv
President Volodymyr Zelenskyy says Ukraine is delaying its long-awaited counteroffensive against Russia’s occupying forces, saying that while such a campaign would succeed, too many of his troops' lives would be lost
2023-05-11 22:29
Bank of England raises UK interest rates to highest level since 2008
The Bank of England has raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. The decision on Thursday by the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% was widely anticipated in financial markets
2023-05-11 22:27
Czech government proposes measures to keep ballooning deficit under control
Czech citizens will likely pay more for beer and medicine while businesses will face higher corporate taxes as part of a government package of dozens of measures designed to keep the ballooning budget deficit under control
2023-05-11 22:23
TV Azteca Cites Mexico Court Ruling to Skip Quarterly Filing
A Mexican court ordered TV Azteca SAB de CV, owned by Mexican billionaire Ricardo Salinas Pliego, not to
2023-05-11 22:22
Norfolk Southern unveils compensation plans for homeowners near derailment site
Norfolk Southern is spelling out how it will compensate East Palestine, Ohio, homeowners whose homes lost value due to the railroad's February derailment.
2023-05-11 22:18
Peloton backpedals to near record low after bike recall
NEW YORK Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low
2023-05-11 22:16
FDIC board to discuss special assessment fees for banks
The board of directors of the Federal Deposit Insurance Corp (FDIC) will meet on Thursday to consider special
2023-05-11 21:54
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53