CN Rail Leapfrogs Rival With $30 Billion Offer for K C Southern msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Peloton shares slump after federal agency warns about treadmill risks
By Kit Rees Bloomberg,Updated April 19, 2021, 1:41 p.m.
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A Peloton Interactive Inc. Tread exercise machine.Adam Glanzman/Bloomberg
(Bloomberg) Peloton Interactive Inc. shares fell 10% Monday after U.S. regulators warned consumers to stop using the exercise equipment makerâs Tread+ machine if there are young children or pets at home.
The advisory follows a series of accidents involving the treadmill. The U.S. Consumer Product Safety Commission (CPSC) said Saturday it is continuing to investigate incidents of injury or death related to the Tread+.
Peloton said in a statement that it was âconcernedâ by the commissionâs warning, which it termed âmisleading and inaccurate.â Thereâs no reason to stop using the Tread+ as long as all warnings and safety instructions are followed, it said.
Peloton Slumps After U S Agency Warns on Treadmill Risks yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Credit Suisseâs New Chairman to Decide If a Deal Is the Answer
This content was published on April 10, 2021 - 07:54
April 10, 2021 - 07:54
(Bloomberg) The damage control work at Credit Suisse Group AG from a pair of disasters that stunned the banking world will soon give way to the question of how the 165-year-old institution will rehabilitate its business and reputation.
A new chairman, Lloyds Banking Group Plc chief Antonio Horta-Osorio, arrives in three weeks, to begin the search for answers after the fiascoes involving Archegos Capital Management, a New York-based family office, and supply-chain lender Greensill Capital, which have already wiped out more than a year of profits.
Credit Suisse’s New Chairman to Decide If a Deal Is the Answer
Bloomberg 1 day ago Jan-Henrik Förster, Ruth David and Ambereen Choudhury
(Bloomberg) The damage control work at Credit Suisse Group AG from a pair of disasters that stunned the banking world will soon give way to the question of how the 165-year-old institution will rehabilitate its business and reputation.
A new chairman, Lloyds Banking Group Plc chief Antonio Horta-Osorio, arrives in three weeks, to begin the search for answers after the fiascoes involving Archegos Capital Management, a New York-based family office, and supply-chain lender Greensill Capital, which have already wiped out more than a year of profits.