Amazon is exploring offer for Peloton, source says; report says Nike also weighing bid

(Reuters) -Peloton Interactive Inc has drawn interest from potential buyers including e-commerce giant Amazon.com Inc, according to a person familiar with the matter, as the exercise bike maker struggles to maintain pandemic-fueled growth. Shares of Peloton surged 30% in extended trading on the news, which comes days after activist investor Blackwells Capital urged the company’s board to put it up for sale. Amazon is exploring an offer for Peloton and is speaking with advisers about whether… Source link

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Google Fiber workers in Kansas City face union-busting effort by BDS

A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters As Google Fiber contractors in Kansas City attempt to become the first members of the Alphabet Workers Union to win bargaining power, workers there are facing a union-busting effort by their contracting firm. The contractors are employed directly by BDS Connected Solutions and work in a retail store for Google Fiber, the project that provides high-speed internet access to 19 U.S. markets, according to its Source link

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Starbucks hikes prices with more on the way, but insists demand is ‘very strong’

Starbucks (SBUX) customers are staying loyal to the Seattle-based coffee giant despite a higher cost for their cup of coffee, even as political pressure mounts in response to rising prices. In a phone interview with Yahoo Finance after Starbucks’ fiscal first-quarter earnings results, CEO Kevin Johnson said customer demand during the holiday season was “very strong” with revenue growth of 19%, coming in at a record $8.1 billion dollars for the coffee giant. Like a growing number of companies Source link

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Google to join Ford at Michigan Central Station

Alex McLenon With another partner onboard at Michigan Central, a team of Detroit city officials has been set up to help companies seeking approval for mobility testing. Google says it will join Ford as a tenant at Michigan Central Station in Corktown when restoration of Detroit’s largest monument to blight is complete. Ford Motor Company officials say that work could be finished by early 2023. The announcement comes as City of Detroit and Michigan… Source link

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NBA Fact or Fiction: All-Star snubs

Each week during the 2021-22 NBA season, we will take a deeper dive into some of the league’s biggest storylines in an attempt to determine whether the trends are based more in fact or fiction moving forward. [ Last week’s Fact or Fiction: A changing of the All-Star guard ] LaMelo Ball is the biggest Eastern Conference All-Star snub How you feel about NBA All-Star Game snubs depends on how you feel about the exhibition itself. [ 2022 NBA All-Star Game: Starters • Reserves ] If you’re the type… Source link

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‘Tom Brady brought a lot of joy to New England’: Former Boston mayor

Tom Brady fan and former long-time Boston mayor Marty Walsh is wishing the NFL legend all the best in retirement. That’s even as the star QB didn’t shower New England Patriots fans with love initially when he announced his retirement this week. “Tom Brady brought a lot of joy to New England. Six Super Bowls we were in. Ten Super Bows all together. We won six. I want to commend Tom Brady on his retirement,” Walsh, now U.S. Labor Secretary, said on Yahoo Finance Live. After another MVP worthy… Source link

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There’s ‘no relief in sight’ for high trucking costs: BofA

A massive shortage of truckers continues to be a bottleneck for supply chains across North America, serving as a significant factor in the American inflation story and leading to skyrocketing trucking costs. According to a recent Bank of America Global Research (BAC) report, the crunch seen in the trucking industry is showing no signs of abating. “One shipper’s rates [are up] +33% [year-over-year], no relief in sight; sees labor shortages & expect pricing to stay elevated,” BofA’s… Source link

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Alzheimer’s-like changes found in COVID patients’ brains; flu shot, mRNA booster safe together

By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. Alzheimer’s-like changes seen in COVID-19 patients’ brains People who die of severe COVID-19 have brain abnormalities that resemble changes seen in Alzheimer’s disease – accumulation of a protein called tau inside brain cells, and abnormal amounts of the protein beta-amyloid that… Source link

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Craft Superfood Chain Everbowl™ Announces Moving to the Bitcoin Standard

Jeff Fenster, Everbowl CEO and Founder Jeff Fenster, Everbowl CEO and Founder Jeff Fenster, Everbowl CEO and Founder SAN DIEGO, Feb. 04, 2022 (GLOBE NEWSWIRE) — California-based, craft superfood chain, Everbowl™ (https://www.everbowl.com), will now run its business operations off the Bitcoin Standard and is converting cash reserves to Bitcoin. As Founder and CEO, Jeff Fenster explains, “We’ve concluded that running the business exclusively on cash isn’t the most advantageous, nor the safest,… Source link

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