In this article PTON Peloton is temporarily halting production of its connected fitness products as consumer demand wanes and the company looks to control costs, according to internal documents obtained by CNBC. Peloton plans to pause Bike production for two months, from February to March, the documents show. It already halted production of its more
Month: January 2022
For all of the turbulence and the tempestuous events of the last 48 hours, the key drivers which will determine the prime minister’s future remain broadly the same. A large number of MPs, possibly a majority, are unhappy with Boris Johnson‘s premiership. However they are unsure when to defenestrate him, how to do so, and
10:40 AM ET Hockey fans are an opinionated lot, willing to share our analysis on everything from player performances to big trades to playoff-worthiness of teams. But we also have those opinions that we’re hesitant to share, even if we’re convinced of their value or inherent truth. We whisper them at a game or text
Plans for a new British-owned battery gigaplant in Northumberland have been boosted by the commitment of around £100m of government funds to the £3.8bn scheme. The Britishvolt project intends to manufacture power cells for 300,000 electric vehicle battery packs a year at a new factory on the site of the former Blyth Power Station. The
President Joe Biden has warned that “Russia will pay a heavy price” if it invades Ukraine. Speaking on Thursday, the US leader said he has been “absolutely clear with President Putin” that “if any assembled Russian units move across the Ukrainian border, that is an invasion”. That invasion, he said, would be met with a
A company behind plans for Tom Cruise to shoot a film in space has revealed it will launch the world’s first movie studio in orbit in two years’ time. UK-based Space Entertainment Enterprise (SEE) says the film and sports arena will be in a module which will dock at the International Space Centre (ISS) by
One of the only facilities in the world that uses carbon capture and storage technology to reduce the emissions of hydrogen production has the same carbon footprint as 1.2 million petrol cars, according to a new report seen exclusively by Sky News. In a first-of-its-kind investigation into the plant, which is owned and operated by
Britain’s armed forces have flown some 2,000 anti-tank weapons to Ukraine this week amid fears of an imminent, new Russian invasion. British surveillance aircraft have also been spotted. Open source flight-tracking software has plotted Royal Air Force C-17 transport aircraft flying back and forth between the UK and Ukraine. Image: A British military cargo C-17
7:00 AM ET It started with J.P. Crawford. I was digging into some statistics and noticed Crawford ranked as the worst baserunner in the majors according to Baseball-Reference’s baserunning metric at minus-5 runs below average. How could that be? Crawford isn’t slow. Well, he’s not slow, but he was 3-for-9 stealing bases and he was
Conservative MPs who want Boris Johnson to resign have been intimidated by the party and should contact the police if they have been blackmailed, a senior Tory has warned. William Wragg, chair of the public administration and constitutional affairs committee, said a “number of MPs have faced intimidation” after declaring, or assumed to have declared,
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NASA said its Curiosity rover, looking for signs of life on Mars’ Gale Crater, has found intriguing carbon signatures. While this is no definite suggestion that Curiosity has found proof of ancient microbial life, it does, however, suggest its possibility. The rover has been collecting powdered rock samples on the Red Planet’s surface. When scientists
The stores will feature women’s and men’s apparel, shoes and accessories from a mix of well-known and emerging brands at affordable prices. Amazon After upending brick-and-mortar retail, Amazon is opening a clothing store in the physical world. The first Amazon Style store, located in the Los Angeles suburb of Glendale, Calif., will open its doors
David Davis telling Boris Johnson to resign over the Downing Street lockdown parties is “damaging” for the government, Sajid Javid has said. Mr Davis, a Tory grandee and former minister, stood up in the House of Commons on Wednesday and told the prime minister: “In the name of God, go.” He is the most senior
Primark has revealed plans to cut hundreds of jobs in a shake-up of store management – as it pledges not to raise prices. The fashion retailer is “proposing removing a number of roles as well as creating a new entry-level management role”, a spokesperson said. Overall it expects to see a reduction of 400 jobs
An asteroid bigger than the tallest building on Earth safely flew by on January 19. The giant rock, named 7482 (1994 PC1), zipped past our planet, nearly 1.93 million kilometres away. That’s more than five times the distance between Earth and Moon. It has been classified as “potentially hazardous” because of its size and its
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