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Page 34 - Uday Sampath Kumar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Delhi defies social distancing norms, doctors say brace for COVID-19 explosion

Delhi defies social distancing norms, doctors say brace for COVID-19 explosion
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

India gingerly eases coronavirus rules as new cases dip

India gingerly eases coronavirus rules as new cases dip
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

Second-hand apparel retailer ThredUp s bigger loss shreds shares

2 Min Read (Reuters) -Online second-hand apparel retailer ThredUp Inc on Wednesday posted a bigger-than-expected quarterly loss in its first report as a public company and warned of clothing budgets remaining constrained even as the U.S. economy reopens. The company’s shares tumbled 10% in extended trading as investors shrugged off a revenue beat and focused on surging costs. The stock has gained more than 43% since the late-March debut as investors bet on a sharp growth fueled by younger customers increasingly looking past the stigma of second-hand products and rooting for sustainability. To support that growth, ThredUp is spending rapidly on new distribution centers, marketing and automation.

Peloton Interactive : reverses course, decides to recall treadmills after injuries, death

Message : Required fields (Reuters) - Peloton announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was no reason to stop using the exercise machines despite reports of multiple injuries and the death of a child in an accident. Chief Executive Officer John Foley also apologized for the company s initial reaction to a report from the U.S. Consumer Product Safety Commission (CPSC) in April, which warned consumers about the dangers of Peloton s Tread+ treadmills. The company had called the report inaccurate and misleading . I want to be clear, Peloton made a mistake in our initial response to the CPSC s request that we recall the Tread+, Foley said. We should have engaged more productively with them from the outset. For that, I apologize .

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