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Peloton CEO Barry McCarthy is stepping down, the company said on Thursday, as it announced a 15 per cent cut to its global workforce due to a post-pandemic slump in demand for its connected fitness equipment. CBC | World News
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TikTok parent company says it won’t sell, despite possible U.S. ban
TikTok is gearing up for a legal fight against a new U.S. law that would force the social media platform to break ties with ByteDance, its China-based parent company. CBC | World News
Read More »Martin Lewis warns ‘under radar change’ by UK credit card company could ‘double’ debt
The credit changes are due to come into effect in July. Daily Express :: Finance Feed
Read More »Thames Water’s parent company has credit rating slashed as default fears mount
Beleaguered Thames Water’s parent company Kemble has had its credit rating slashed by Moody’s, which warns that it could default on its loans in May. Daily Express :: City and Business Feed
Read More »Chinese company considers launching £8,000 electric car in UK urging EVs should be cheaper
China’s most successful car company could be launching a small electric hatchback in the UK, with buyers elsewhere able to get behind the wheel for just £8,000. Daily Express :: Life and Style Feed
Read More »Desperate to escape the war, Palestinians pay a private company thousands to leave Gaza
In the face of war, famine and homelessness, desperate Gazans are paying a private company in Cairo exorbitant “travel co-ordination fees” to help them escape into Egypt through the Rafah border. One international affairs expert says the system is war profiteering “at its worst.” CBC | World News
Read More »Most reliable used cars ranked – with four of the best models coming from one company
A new study looking at three years of data has found the most dependable used cars that Britons can buy, with one brand featuring four of the best. Daily Express :: Cars Feed
Read More »Popular Chinese car company announces plans to lower cost of insurance premiums
One of the UK’s most popular Chinese car companies has stated it will make spare parts more accessible in a bid to reduce insurance premiums. Daily Express :: Cars Feed
Read More »Odysseus lander ‘alive and well’ on the moon but uncertainties linger, company says
Intuitive Machines reported Friday that it’s communicating with its lander, Odysseus, and sending commands to acquire science data. But it noted: “We continue to learn more about the vehicle’s specific information” regarding location and positioning. CBC | World News
Read More »London’s iconic BT Tower to become hotel after being sold to US company for £275m
The Grade II-listed building has been bought by MCR Hotels, which operates 150 hotels worldwide, including the Eero Saarinen-designed TWA Hotel in New York. Daily Express :: News Feed
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