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Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Starbucks’s New CEO Just Revealed a Brilliant Master Plan to Turn the Company Around. It All Starts With 4 Words
Brian Niccol’s new four-word goal for Starbucks is brilliant in its simplicity. But there’s more than meets the eye.Business - Inc. - October 31 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - November 1 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.Business - CNBC - November 1 -
Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.Business - CNBC - November 1