Potential Peloton buyout by private equity firms under consideration, CNBC reports
Private Equity Firms Consider Buyout of Peloton Amid Refinancing Efforts Rumors are swirling in the business world as private equity firms are reportedly considering a buyout of fitness giant Peloton. The company, known for its popular stationary bikes…
Insider Wales Sport: Rate cuts postponed for the foreseeable future, Powell the main event
Title: Federal Reserve Expected to Keep Interest Rates Steady Federal Reserve officials are set to meet on May 1 to discuss the country’s monetary policy, with the benchmark federal-funds rate expected to remain unchanged. The recent trend of…
All New U.S. Cars Required to Have Automatic Brakes by 2029
In a move aimed at improving road safety, the United States will require all new cars and trucks to come equipped with automatic emergency braking technology starting in 2029. The National Highway Traffic Safety Administration has set a…
Welsh Sports Insider: iPhone sales drive relatively flat earnings expectations
Apple Inc. has faced a turbulent start to 2024, with its shares dropping by over 10% due to mounting challenges and increased competition in China. The tech giant’s iPhone sales have been dragging in the key market, leading…
Insider Wales Sport: iPhone sales boost expectations
Apple (AAPL) shares have taken a hit in 2024, dropping over 10% due to challenges such as increased competition in China. The tech giant has been facing difficulties with iPhone sales in China, which has ultimately led to…
Supreme Court dismisses Elon Musks challenge to SEC agreement regarding social media posts
The Supreme Court has ruled against tech billionaire Elon Musk in his attempt to challenge the terms of an agreement with the Securities and Exchange Commission (SEC) that require a lawyer to review some of his social media…
Worsening EV price war in China as market share becomes top priority
Electric Cars Set to Replace Petrol Vehicles as BYD Initiates Discount War BYD, a leading Chinese electric vehicle (EV) maker, is making waves in the automotive industry with its bold predictions and aggressive pricing strategies. According to Lu…
Tesla Asks Shareholders to Reinstate $56 Billion Musk Pay Package Rejected by Delaware Judge
Tesla CEO Elon Musk is facing hurdles as the electric car company seeks to reinstate a $56 billion compensation package for him. The package was rejected by a judge in Delaware earlier this year, leading to uncertainty about…
Human rights advocates lead sit-ins and protests coast-to-coast at tech giants offices
Google employees across the United States have taken a stand against the company’s involvement with the Israeli military and their alleged role in the Israel-Hamas war. Tech workers at Google have raised concerns about Project Nimbus, a $1.2…
Feds Powell comments on inflation data showing a lack of progress in 2021
In a recent announcement, Federal Reserve Chair Jerome Powell revealed that inflation may lag behind the central bank’s 2% target, leading to speculation about potential interest rate cuts in the near future. Despite consistent growth and a robust…