Peloton (PTON) CEO Barry McCarthy hyped up the company in a fresh shareholder letter that helped to fuel a 20% short-covering rally in Peloton's stock on Wednesday."If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter's results show the changes we’re making are working," McCarthy said.One could appreciate the enthusiasm … Read more
{{headline}} The Associated Press February 1, 2023, 12:53 PMA Republican-led Virginia House panel voted down legislation early Wednesday that would prohibit lawmakers from using campaign funds for personal expenses such as a vacation, mortgage or country club membership.Virginia’s elected officials are currently outliers in the nation for their ability to spend money donated to their … Read more
A cold afternoon in Freetown, Sierra Leone’s capitol. Traffic is flowing smoothly along Wilkinson Road before we pull over in front of a gate. A sign says: “The Beauty Bar.” We drive in.Two young women usher us into a compound for women-led enterprises consisting of three different ventures: a beauty salon, a lounge, and a … Read more
Commodity traders’ demand for working capital could be set to treble, with margin calls rising to US$1.5tn in the energy sector alone, fresh research has found. But for larger traders already profiting from a volatile market, good news likely lies ahead. A report on the future of commodity trading published this week by McKinsey says … Read more
Fleets can save up to 20% on monthly premium for increased safety CHICAGO, Feb. 1, 2023 /PRNewswire/ — High Definition Vehicle Insurance (HDVI), a technology-first commercial auto insurance provider, will launch the next generation of HDVI Shift™, the first usage-based, dynamically priced insurance product for commercial truck fleets in select states for policies effective Feb. 1 or later. The … Read more
The excellent results from the first five (5) definition holes drilled at depth along the length of the Manicouagan Ouest Graphitic Corridor (MOGC) deposit further demonstrate the potential for a significant extension of the deposit at depth.KINGSTON, ON / ACCESSWIRE / February 1, 2023 / Focus Graphite Inc. (TSX.V:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Company”) is pleased … Read more
Netflix (NFLX) has revealed the first details of its password sharing crackdown.According to the streaming giant's help center, which updated its FAQ pages for countries currently in the midst of the crackdown (Chile, Costa Rica, and Peru), Netflix accounts will remain shareable but only within one household. (The U.S. may be next up in the … Read more
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Under the newly proposed Union Budget 2023 the Union Ministry has proposed to modify the definition of ‘strategic disinvestment’. Strategic disinvestment would imply the sale of substantial portion of the Government shareholding of a central public sector enterprise (CPSE) of up to 50%, or such higher percentage as the competent authority may determine, along with… … Read more
Britain’s finance ministry sets out draft rules to regulate cryptoassets Reuterssource