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Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
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Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - World -
SVS Ultra Evolution Review: Clean Looks, Refined Sound
SVS reimagined its Ultra series speakers for premium style and sound.Wired - Tech -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
In 1 Sentence, Google CEO Sundar Pichai Just Summed Up What Every Company CEO Should Be Doing Right Now
Has big tech learned its lesson for how to responsibly engage its workforce?Inc. - Business - Google -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.CNBC - Business -
How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Vanguard is moving closer to BlackRock’s top ranking in U.S. exchange-traded-fund assets.MarketWatch - Business -
Fury refuses to look Usyk in the eye in face-off
Heavyweight Tyson Fury refuses to face off with Oleksandr Usyk during a cordial news conference in Saudi Arabia.BBC News - Top stories -
Tom McMillen, head of the FBS athletic directors' organization LEAD1, announces he's stepping down
The head of the association representing athletic directors of Football Bowl Subdivision schools is stepping down this fall after more than eight years as president and CEOABC News - Sports -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York
More from CNBC
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China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business