Peloton announced that it has appointed Peter Stern as CEO and president to pedal the company out of its prolonged post-pandemic slump.
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Peloton reported sales growth of 0.2% in the latest quarter, its first quarter of year-over-year revenue growth since late 2021.
High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.
Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.
The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.