Business

Another fictional TV character suffered a Peloton-induced heart attack, and while this character survived, the company may not.

Another TV character has Peloton-induced heart attack, company on life support

Peloton's CEO has denied a report the company plans to halt production, claiming the company is taking legal action against a 'leaker.'

Peloton CEO denies report it’s halting production after stock plunged 25%

In a surprising twist, Tesla, BMW and others sold luxury cars at record rates in 2021 while affordable car companies struggled with a chip shortage.

Tesla, BMW, luxury autos post record sales despite chip shortage

It looks like some Penn Wharton students need a lesson on the real world because no, the average American worker doesn't make six figures.

Penn Wharton students scolded for thinking average US worker makes six figures

The new 5G launch struggled to reach takeoff after eleventh-hour pleas from the airline industry to block it. They even asked Biden to step in.

Verizon and AT&T’s new 5G is live. Here’s why the airline industry fears it.

In its largest acquisition to date, Microsoft will pay nearly $70 billion for Activision Blizzard, the gaming behemoth behind Call of Duty.

Microsoft to buy gaming’s Activision Blizzard in all-cash $68.7 billion deal

Small COVID outbreaks in China have led to big shutdowns, with the ability to wreak havoc on the global supply chain and U.S. inflation.

China’s zero-COVID policy equals trouble for supply chain, inflation

Retail sales posted a shocking 1.9% decline in December.

Retail sales plunged 1.9% in December, e-commerce hardest hit

To prevent the Great Resignation from continuing in 2022, companies are finding creative ways to keep employees from quitting their jobs.

In the age of quitting jobs, 5 ways to keep employees happy

Producer prices and weekly unemployment are on the rise.

A one-two punch to the economy: Producer prices, weekly unemployment up

Consumer prices rose 7% from December 2020 to December 2021

Consumer prices set 40-year record in December, inflation up 7% in last year

There are more companies underperforming via a SPAC merger compared with those that go public through the traditional route.

What is a SPAC? It’s all the rage on Wall Street

5 ‘outrageous’ 2022 predictions spell doom for Facebook, Spotify

Verizon and AT&T changed course, deciding to further delay its 5G rollout after and FAA and DOT request.

AT&T, Verizon change course, will delay 5G rollout after FAA/DOT request

From defining Trumpism to voyaging through the treacherous Darién Gap en route to America's Southern border, Straight Arrow News highlights its favorite 2021 reports.

Spotlighting Straight Arrow News’ 2021 staff selections

A union leader is questioning the CDC decision to shorten isolation and quarantine recommendations.

Flight attendant union questions CDC decision to shorten isolation, quarantine periods

The price of a variety of foods are expected to go up in 2022.

New year, same inflation: Many foods expected to get more expensive in 2022

After the beginning of the week looked bleak on Wall Street, things are picking back up ahead of a potential "Santa Claus Rally".

Wall Street emerges from Omicron slump, prepares for “Santa Claus Rally”

The National Highway Traffic and Safety Administration announced it is opening an investigation into Tesla's "Passenger Play" feature.

Tesla vehicles under investigation as Musk reaches stock selling goal

Amid a worldwide surge in cases of the Omicron variant of COVID-19, Wall Street began the week of Christmas in a slump.

Wall Street feels effects of Omicron variant to begin the holiday week

5 ways companies are cashing in on the metaverse

Families eligible for the child tax credit received what could be their final payments Wednesday, which are slated to cease end-of-year.

Child tax credit payments go out, potentially for the last time

AMC and GameStop have seen a major drop in value.

“Meme stock” heavy hitters GameStop, AMC drop in value, rise in popularity

Peloton released a video advertisement on Twitter that appeared to be a response to a plot line in the new "Sex and the City" reboot.

Peloton responds after ‘Sex and the City’ reboot causes stock to plummet