Business

Peloton has recently made headlines with its innovative foray into the resale of its equipment, introducing a platform known as Repowered. This marketplace aims not only to declutter homes from the abandoned bikes and treadmills but also to reshape the dynamics of fitness acquisition. At first glance, it appears Peloton is simply trying to salvage

In an unprecedented turn of events in the U.S. office market, we are witnessing a seismic shift that has long been anticipated but rarely acknowledged: for the first time in over two decades, we are seeing more office spaces being taken down or repurposed than there are new constructions. According to fresh insights from the

In the ever-evolving landscape of air travel, the competition among U.S. airlines for international business-class supremacy has taken on a luxurious tone reminiscent of elite club memberships rather than simple travel experiences. Delicacies like caviar and plush amenities such as Bang & Olufsen headphones have become staple offerings in the battle for affluent travelers. With

In an economic landscape fraught with uncertainty, Gap Inc. has found itself grappling with the sharp sting of new tariffs that the company estimates could impose hundreds of millions of dollars in costs. The laundry list of implications surrounding these new tariffs—30% on imports from China and 10% on those from most other nations—reflects not

The American wealth landscape in 2024 is startling, with a staggering rise in the number of millionaires and billionaires. The U.S. now boasts over 6 million liquid millionaires, a remarkable 78% increase in just ten years. These individuals now represent 37% of the world’s millionaire population, underlining America’s unyielding dominance in both technology and wealth

For decades, Southwest Airlines has basked in the glow of customer loyalty, cultivating an image as the airline that truly valued its passengers. The promise of two free checked bags set it apart in an industry notorious for hidden fees and expensive add-ons. However, this commitment to customer-friendly policies has crumbled under the weight of

The narrative surrounding wealth accumulation in America often highlights the archetype of the self-made billionaire who transforms a simple idea into a multi-billion dollar enterprise. Daniel Lubetzky, founder of the widely recognized Kind snack bars, epitomizes this journey. Having sold a controlling stake in his company to Mars in 2020, Lubetzky represents a new class

In an astonishing miscarriage of justice, the U.S. Justice Department has come to an agreement with Boeing, permitting the aerospace giant to sidestep the severe legal ramifications associated with the tragic crashes of its 737 Max planes that took the lives of 346 people. This non-prosecution agreement, which many are labeling a corporate whitewash, ensures

In a landscape where personal financial management has long been dominated by a few titans, one startup is boldly stepping into the limelight. Monarch, a personal finance application, recently secured a whopping $75 million in funding, a remarkable feat that positions the San Francisco-based company with a valuation of approximately $850 million. This influx of

The recent announcement of The Picklr’s expansion into Japan is nothing short of exhilarating. As the world’s largest pickleball franchise, this move is not merely a business venture; it signifies a cultural shift that stands to redefine recreational sports in Japan. The numbers are staggering: pickleball participation has skyrocketed by 223% over a three-year period