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What to Watch Today: Wall Street Looks Steady After an Uncommon, Quiet Start to the Week

U.S. stock futures were relatively flat Tuesday, pointing to a second day of calm after last week’s earnings-driven trading swings.

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Peloton CEO John Foley to Step Down, Transition to Executive Chair as Company Cuts 2,800 Jobs, Says Report

Peloton said it expects to slash roughly $800 million in annual costs and reduce capital expenditures by roughly $150 million this year.

United statesJonathan mildenhallJohn foleyBarry mccarthyAngel mendezWilliam lynchErik blachfordBarnes nobleWall streetPeloton output parkBlackwells capitalIrbnb incAmazon com incReaking news businessUsiness newsE commerce

Peloton Founder John Foley Calls Recent Events Humbling, as Cycle Maker Looks to Redefine Itself – NBC10 Philadelphia

“We own it. I own it. And we are holding ourselves accountable,” Peloton founder John Foley. “That starts today.”

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Apple s Acquisition History Shows Why a Peloton Buy Is Out of the Question

There are more reasons Apple would be against buying Peloton than for it, based on how it has acquired companies in the past.

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Peloton Shares Tumble on Report CEO John Foley to Step Down

Peloton said it expects to slash roughly $800 million in annual costs and reduce capital expenditures by roughly $150 million this year.

United statesJonathan mildenhallJohn foleyBarry mccarthyAngel mendezWilliam lynchErik blachfordBarnes nobleWall streetPeloton output parkBlackwells capitalIrbnb incAmazon com incReaking news businessUsiness newsE commerce

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