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Peloton CEO steps down, fitness unicorn to slash headcount by 15%

Peloton’s fitness company plans to cut about 15% of its global workforce, and Peloton’s chief executive officer will step down from his position. Secretary of State Barry McCarthy notified Peloton’s approximately 3,500 employees in a letter of his resignation. Note On Thursday morning, he sent out that his “only lasting legacy in Peloton” is the […]

Peloton CEO Steps Down amid More Layoffs, 92% Drop in Stock Price

Peloton, the once thriving fitness company, is in trouble again as it struggles to regain its footing in the post-pandemic era. CEO Barry McCarthy is stepping down after the company’s stock price fell about 92% during his tenure. The Verge report Peloton recently announced new layoffs affecting approximately 400 employees, representing 15 percent of its […]

Is NPR’s woke CEO Katherine Maher WORSE than we thought?

NPR President and CEO Katherine Maher made headlines after the publicly-funded media company disciplined journalist Uli Berliner for exposing the station’s left-wing bias. Ta. Mr. Maher is also currently under fire for past outrageous statements about free speech. That’s bad enough, but Mr. Maher may be more nefarious than conservatives currently realize. “She will be […]

Blockbuster CEO explains explains why you love the 90s

Nostalgia for the 1990s has quickly expanded from a fond memory in the minds of Gen Xers and Millennials to a huge economy. Everything is being done to squeeze every penny out of nostalgia junkies, collectors, and even gamers. And they couldn’t be happier. The World Wide Web is full of ’90s nostalgia page With […]

UnitedHealth CEO defends insurer after major hack, reveals amount of ransom paid as senators question firm’s size

UnitedHealth’s problems are not a threat to the entire economy, the chief executive of the nation’s largest health insurer said after senators asked whether UnitedHealth’s size could pose a system-wide threat. (CEO) told a Senate committee Wednesday. In the first of two scheduled testimony before a Congressional panel about the recent cyberattack on UnitedHealth’s technology […]

UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack

UnitedHealth Group CEO Andrew Whitty was hit by gunfire from both sides of the aisle Wednesday while testifying before the Senate Finance Committee about the cyberattack on the company’s Change Healthcare subsidiary. Senate Finance Committee Chairman Ron Wyden (D-Ore.) put the blame squarely on Whitty’s leadership for the cyberattack that caused widespread disruption in the […]

UnitedHealth CEO details cyberattack root, working 24/7 to ‘fix this’

Dominari Financial CEO Kyle Uhl responded to the strong March jobs report and its expected impact on the stock market during an appearance on “Varney & Co.” UnitedHealth Group CEO Andrew Whitty has revealed new details about a cyberattack on the company’s Change Healthcare unit earlier this year, saying the company had to shut down […]