Business

The head of struggling fitness technology company Peloton said Thursday it was necessary to enact deep cuts to its payroll to achieve positive cash flow....Read More

President Joe Biden will travel to Poughkeepsie, N.Y., to tout IBM’s announcement that it plans to invest $20 billion across the Hudson Valley on research and development initiatives over the next 10 years....Read More

GM Financial has agreed to pay more than $3.5 million to 71 U.S. service members who had their vehicles illegally repossessed or were denied requests to terminate their auto leases, according to the Justice Department....Read More

Some Florida citrus growers have lost up to 80% of their crop in the wake of Hurricane Ian, which knocked oranges to the ground with high winds and flooded groves....Read More

Ford Motor has announced the release of a final GT LM special edition to commemorate the company’s racing history. Only 20 of the $500,000 cars will be produced....Read More

NASA and SpaceX are launching the Crew 5 mission to the International Space Station at noon EDT on Wednesday from Cape Canaveral Space Force Station in Florida. Watch live....Read More

Goodwill has moved its thrift store experience online with the new website GoodwillFinds.com. The 120-year-old nonprofit will continue to operate its 3,300 stores in the United States and Canada....Read More

The Federal Aviation Administration will require airlines to give flight attendants at least 10 consecutive hours off between shifts, under a new rule that puts rest times on par with pilots....Read More

The European Parliament has approved a new regulation that would require all mobile devices, cameras and tablets sold in the European Union to have USB Type-C charging ports by the end of 2024....Read More

Former Tesla executive Jonathan McNeill is joining the General Motors Co. board of directors, the auto giant said on Tuesday....Read More