Peloton to charge sizable ‘activation fee’ for used equipment purchases

See what’s clicking on FoxBusiness.com. Consumers who purchase used Peloton exercise machines in the United States and Canada will be required to pay a “Used Equipment Activation Fee.” The fitness company, which reported its fourth-quarter earnings on Thursday, revealed that it will begin collecting a new one-time fee from people who buy Peloton equipment from […]

Incoming Starbucks CEO Brian Niccol poised to get sizable compensation

Brian Niccol will likely receive a handsome salary if he becomes CEO of Starbucks. Starbucks said in a filing with the Securities and Exchange Commission on Wednesday that it plans to pay Nicol an initial base salary of $1.6 million per year. Details of his compensation package, which includes other incentives and company performance requirements, […]

Elon Musk donates ‘sizable amount’ to pro-Trump super PAC: report 

Billionaire Elon Musk has reportedly donated money to a political group supporting former President Donald Trump in the 2024 election. Musk, 53, made a “substantial” donation to the America PAC. Bloomberg News It was reported on Friday. According to the media, super PACs have until July 15 to disclose their donor lists. Musk has previously […]

Elon Musk Reportedly Makes ‘Sizable’ Donation To Pro-Trump Super PAC

Billionaire Elon Musk reportedly made a “sizable” donation to a super political action committee (PAC) helping to elect former President Donald Trump for the 2024 race, according to sources speaking on anonymity to Bloomberg. The alleged super PAC donation from Musk was to a low-profile group known as America PAC, sources familiar with the matter […]