Peloton Here is what you need to know. 1. ‘This is neither healthy nor normal’ — recession and trade-war fears are gripping investors. European and Asian stocks dropped on Wednesday as traders reacted to fresh evidence of a looming recession and braced for another round of tariffs in the US-China trade war. US futures signaled […]
Why the Queen rejected Harry and Meghan’s wedding wish
Credit: WPA Pool / Pool / Getty Millions of people across the globe tuned in to watch Prince Harry and Meghan Markle’s wedding last year. The couple tied the knot in St George’s Chapel at Windsor Castle in May 2018, and since they exchanged vows details of their big day have been big news – […]
Peloton’s margins on its $2,000 bikes and treadmills are better than Apple’s legendary margins
Peloton Buzzy indoor cycling company Peloton has filed the paperwork to go public, giving the public a glimpse of how it makes money from its cycling hardware and subscriptions. The company sells connected exercise bikes and treadmills that start at $2,000, as well as membership subscriptions that give customers access to virtual fitness classes. Peloton […]
A suspected Russian scooter assassin who shot a man in broad daylight in Berlin shows why Trump’s dream of seeing Putin back at the G7 won’t happen soon
YouTube/WELT Zelimkhan Khangoshvili, a former militant active against Russia, was shot dead in Berlin last week. Investigators in the country believe that Russia may have been involved. The killing bears hallmarks pointing towards a state-backed attack. Russia is still an international pariah after it was blamed for the attempted assassination in the UK of Russian […]
Deutsche Bank just said it has tax returns tied to a Trump probe. Here’s what we know about Trump’s ties to Deutsche Bank.
Getty Deutsche Bank confirmed to a US court on Tuesday that it has tax returns related to an investigation of Donald Trump — though whether it was his personal fillings, company, or family returns remains unclear as documents were redacted. Trump broke years of custom in refusing to reveal his tax returns for public scrutiny […]
New recession warning: The rich aren’t spending
From real estate and retail stores to classic cars and art, the weakest segment of the American economy right now is the very top. Source: Business News –