Padma Lakshmi looks stylish in flared jeans and a leather motorcycle jacket as she steps out in New York City after quitting Top Chef
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Peloton announces new round of layoffs as CEO quits
Peloton’s CEO Barry McCarthy is stepping down after announcing yet another round of layoffs, this time affecting about 15 percent of its remaining workforce, or roughly 400 global team members. It’s the fifth round of layoffs to hit the pandemic darling and comes a year after McCarthy said on its Q1 2023 earnings call that the company was done with layoffs and that the “ship was turning.” “Hard as the decision has been to make additional headcount cuts, Peloton simply had no other way to bring...
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New stats show why Britain has a major wealth problem
Between 2000 and 2019, dividend payments grew 5.5 times faster than employee compensation on average each year.
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First look: San Diego's new panda pair
San Diego conservation and care officials traveled to China to meet the two giant pandas coming to San Diego Zoo later this summer.