Peloton Will Slash Jobs and Raise Prices in Turnaround Effort
The maker of fitness bikes, once a pandemic darling, said it would reduce its retail footprint and end its last-mile delivery network in a cost-cutting strategy. https://nyti.ms/3QCcBrv
In a rare in-depth interview, this billionaire man of mystery, the head of Palantir Technologies, talks about war, A.I. and America’s future. https://nyti.ms/3WOsRK7
The digital media company, which will merge with a publicly listed shell company in what is known as a SPAC deal, also lined up about $150 million in debt financing. https://nyti.ms/2SXcq1k
