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Peloton isn't going under imminently, but let's be real here: No fitness fad lasts forever. While there was a lot that went wrong, the long and short of it is that Peloton failed to read the room on its pandemic popularity. "It's not that Peloton isn't a good business model; it's that it simply isn't a mass product but more of a niche, luxe one," she said. Investors have soured on the company, and Peloton's once $50 billion market cap has fallen to under $2 billion. It also has to contend with the gym, which has all sorts of classes and fitness equipment that let people mix things up, including, in many cases, Pelotons or other connected-fitness devices.
Persons: I've, Tae, monthslong, Rina Raphael, Simeon Siegel, It's, That's, Siegel, Paul Golding, it's, Golding, there's, Raphael, Natalia Mehlman Petrzela, Emily Stewart Organizations: Private, BMO Capital Markets, Macquarie Capital, Google, YouTube, New School, Facebook, Business Locations: COVID, unsubscribing, Barre, America
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The tech giant unveiled its latest iPad models on May 7. The ad certainly made a statement, just probably not in the manner that Apple intended. "Maybe hire Ridley Scott again next time instead," read one X post referencing the award-winning director behind the "1984" ad. Representatives for Apple didn't immediately respond to a request for comment from BI sent outside regular business hours.
Persons: , Tim Cook's, 6PeGXNoKgG, Tim Cook, Joe B, Transue, Cook, Roger Rabbit, Apple, Ridley Scott, Y, Paul Graham, Graham, would've, Steve Jobs, Steve wouldn't, Jobs, Apple didn't Organizations: Service, Business, Venture, Apple, BI Locations: Cupertino
Speaker Christopher Pan lauded the benefits of bitcoin — prompting groans and boos from the college students gathered in the stadium. This story is available exclusively to Business Insider subscribers. Related storiesDuring the speech, he promised audience members free bracelets from MyIntent as an apology for the bitcoin remarks. Pan told BI that he's been working with ayahuasca since 2019 to heal lifelong bullying. In the aftermath of the speech, Pan said he is communicating with angry commenters, while also feeling grateful for support during a difficult time.
Persons: , Christopher Pan, groans, pained, Pan, I've, bitcoin Organizations: Service, Ohio State University, OSU, Pan, Business, LinkedIn, ayahuasca
The overturning of Harvey Weinstein’s New York sex crimes conviction on Thursday morning may feel like a shocking reversal, but the criminal case against him has been fragile since the day it was filed. New York’s top judges, many of them female, have held rounds of pained debates over whether his conviction was clean. The issue of whether Mr. Weinstein’s trial was fair “is a really close question that could have gone either way.”Outside the justice system, evidence of Mr. Weinstein’s sexual misconduct is overwhelming. But while Mr. Weinstein’s alleged victims could fill an entire courtroom, few of them could stand at the center of a New York criminal trial. One of the original accusers was dropped from the trial because of allegations of police misconduct.
Persons: Harvey Weinstein’s, I’m, , Deborah Tuerkheimer, Weinstein’s, Weinstein Organizations: Prosecutors, Northwestern, New York Times, New Locations: York, Manhattan, New York
No matter who you are or what your politics, whatever your ethnic origin, economic circumstance, family history or mental health status, chances are you have ample reason to be ticked off. If you’re on the left, you have been oppressed, denied, marginalized, silenced, erased, pained, underrepresented, underresourced, traumatized, harmed and hurt. If you’re on the right, you’ve been ignored, overlooked, demeaned, underestimated, shouted down, maligned, caricatured and despised; in Trumpspeak: wronged and betrayed. What was Jan. 6 at heart but a gigantic tantrum by those who felt they’d been cheated and would take back their due, by whatever means necessary? Nor has the urge to leverage powerlessness as a form of power felt quite so universal — more pervasive on the left, if considerably more threatening on the right.
Persons: you’ve, they’d, it’s
Mother and baby company, Frida, has opted to use a porn actress in its product explainer videos. The company has previously had social media posts and TV adverts rejected due to nudity. AdvertisementA mother and baby company, Frida, has given up on working around censorship on social media and is turning to a porn actress to showcase its products instead. But the company struggled to find ways to share how to use Frida products without TV networks and social media censoring them. AdvertisementInstead of working around nudity rules on social media, it doubled down and hired porn actress, Asa Akira, to demonstrate the products on its new website, Frida Uncovered.
Persons: Frida, , Chelsea Hirschhorn, we've, Hirschhorn, Asa Akira, Akira Organizations: Service, New York Times, Times, Google, ABC, Meta Locations: Instagram
On Saturday night, while Iran fired drones and missiles into Israel, Donald Trump talked a lot about chaos. “What’s going on with the world?” Mr. Trump said while telling a story onstage. Russia, Ukraine, Israel; the Middle East is blowing up. China’s going to be next with Taiwan; because of weakness, China’s going to be next. Sometimes, with the way Mr. Trump talks, he can subtly lock more and more people into his inability to process his 2020 defeat.
Persons: Donald Trump, “ What’s, Trump, , What’s, Frank Sinatra’s “, Elvis Presley’s, Israel, hadn’t Locations: Iran, Israel, Russia, Ukraine, Taiwan, Allentown, Pa, Afghanistan
CNN —Steven Spielberg had words of caution and hope on Monday while accepting an honor from the University of Southern California. Celina Biniaz, 92, one of the last living Holocaust survivors from Oskar Schindler’s List, was also honored at the event. In my grandparents’ home Cincinnati, Ohio where I lived until I was three, my grandmother, Jenny, taught English to Hungarian Holocaust survivors. In listening to them, the echoes of history are unmistakable in our current climate. These 56,000 testimonies that we have recorded are a foundation upon which bridges can be built, and we here at the USC Shoah Foundation are building those bridges.
Persons: CNN — Steven Spielberg, Spielberg, ” Spielberg, Celina Biniaz, Oskar Schindler’s, Biniaz, Schindler, , , , Leah, Carol, Folt, I’ve, , Jenny, , It’s, Hana Rychik, Organizations: CNN, University of Southern, USC Shoah Foundation, Los Angeles Times, Shoah Foundation, Shoah, Democratic, USC, Foundation Locations: University of Southern California, German, Auschwitz, Israel, Cincinnati , Ohio, Hungarian, California, Krakow, Europe, Gaza
Alas, they’ve come a little too close to that with “The Regime,” a political satire that’s weird but not very good, other than savoring Winslet’s over-the-top antics as an autocratic leader. When the story begins, Vernham is already engaging in odd behavior that leaves her ministers (who assemble in “Dr. Matthias Shoenaerts and Kate Winslet in "Regime." Lustily sneering her dialogue in an exaggerated accent, Winslet throws her all into the character, but to what end? But after watching “The Regime,” consider this an offer they probably should have refused.
Persons: “ Mildred Pierce ”, Kate Winslet, they’ve, Will Tracy, Stephen Frears, Jessica Hobbs, , Winslet’s Chancellor Elena Vernham, Martha Plimpton, , Vernham, Dr, Strangelove ”, Herbert Zubak, Matthias Schoenaerts, Herbert, Matthias Shoenaerts, Elena, Andrea Riseborough, Guillaume Gallienne, Herbert isn’t, clouding, Hugh Grant, can’t, Lustily, Winslet Organizations: CNN, HBO, lunacy, Warner Bros . Locations: , Easttown, Central Europe, “ Amsterdam
Watch Me Lose My Job on TikTok
  + stars: | 2024-01-30 | by ( Yiwen Lu | ) www.nytimes.com   time to read: +1 min
She was being laid off by a tech giant. The video racked up a half million views and thousands of comments within hours. “One of my resolutions for this year was to be a lot more open and honest with things I struggle with in my own life, so part of that is really showing parts of my life that may not be as glamorous,” Ms. Ade-Banjo said in an interview. As companies from the start-up Discord to Google have shed hundreds of jobs in recent weeks, some tech workers are taking to social media to share their layoff experiences, and many of these videos have gone viral. They show people crying as they talk with human resources or going through their daily routine knowing a mysterious appointment on their calendar is likely to result in their termination.
Persons: , ” Folashade Ade, Banjo, Ade, Ms Locations: Angeles
The Alabama attorney general's office told federal appeals court judges last week that nitrogen hypoxia is "the most painless and humane method of execution known to man." The execution would be the first attempt to use a new method since lethal injection was introduced in 1982. Three states — Alabama, Mississippi and Oklahoma — have authorized nitrogen hypoxia as an execution method. The Alabama attorney general's office noted that Smith, when previously fighting lethal injection, had suggested nitrogen as an alternative execution method. Courts require inmates challenging their execution method to suggest an alternative method.
Persons: Kenneth Eugene Smith, gurney, general's, Smith, Dr, Jeffrey Keller, ” Keller, Keller, Joel Zivot, Zivot, Prosecutors, Elizabeth Sennett, Sennett, John Forrest Parker, Charles Sennett Jr, Smith “, Mama, , Robin M, Maher, Kenny, Jeff Hood, , Shane Isner, Kay Ivey, Ivey Organizations: American College of Correctional Physicians, Veterinary Medical Association, United Nations Human Rights, , U.S . Chemical Safety, Hazard Investigation, WAAY, Alabama, Christian Church, Capitol, Alabama Gov, Associated Press, Department of Corrections Locations: MONTGOMERY, Ala, Alabama, Mississippi, Oklahoma, U.S
Calvin Klein has always trafficked in high and low — in classic all-American athleticism, shot through with an untethered primal lust. Some other Calvin Klein ads fail to have the same friction, the right wrongness. There are faintly fascistic undertones in the form Calvin Klein valorizes. (How surprising is it that Calvin Klein has worked with the estate of the photographer Robert Mapplethorpe, who used his models to engage the viewer sexually?) ?” — as though a touch of discomfort isn’t precisely what creates a hit Calvin Klein ad.
Persons: “ I’m, I’m, , Calvin Klein, Brooke Shields, Mark Wahlberg —, Marky Mark, peekaboo, , Justin Bieber, Jacob Elordi’s, Kate Moss’s, Calvin Klein valorizes, Leni Riefenstahl’s “, sleaze, Dominic Fike, Travis Fimmel, Robert Mapplethorpe, Wahlberg, Bieber, White, Jamie Dornan’s, Jeremy Allen, Ayo Edibiri, incredulously — Organizations: Stone, Golden Globe Locations: The, Chicago
Opinion | The Things We Disagree On About Gaza
  + stars: | 2024-01-13 | by ( Nicholas Kristof | ) www.nytimes.com   time to read: +1 min
I’ve been very critical of Israel’s counterattack on Gaza, which appears to have killed a woman or child about once every eight minutes for the past three months. Many of my readers and friends disagree with these columns and are pained by what they see as my unfairness toward Israel. Yes, Hamas started this war with its brutal attack on civilians, and it has been indifferent to Palestinian lives. Israel was understandably shattered by what happened on Oct. 7, and I appreciate that trauma and share that sadness. It’s too late to save those massacred on Oct. 7, but we can still try to reduce the toll in Gaza this month and this year.
Persons: I’ve, Israel, I’m aghast, Mao, It’s Locations: Gaza, Israel
I think they thought I was crazy.”Many of the Dream Orchestra’s members had never played an instrument before they joined. Ron Davis Álvarez, Dream Orchestra founder and artistic directorThe small ensemble rehearsed on Fridays and Saturdays. He'd never played an instrument before joining the Dream Orchestra. Mushtaq Khorsand asked to join the Dream Orchestra after seeing how joyful his friends were during a performance. So if I wasn’t part of Dream Orchestra and (hadn’t) met Ron, I don’t where I would be,” he says.
Persons: Ron Davis Álvarez, He’d, ” Álvarez, hadn’t, they’d, Álvarez, Venezuela’s, he’d, It’s, Gustavo Bandres, , Mostafa, ” Kazemi, Kazemi, , , Mostafa Kazemi, He'd, , Ron, Mushtaq Khorsand, ” Khorsand, Khorsand, He's, Rey, He’s, he’s, Carlos Medrano y Ritmos Ciganos Carlos Garcia, isn’t, it’s, Johan Nilsson, Tymofii Slakva, Tim, Slakva, ” Slakva, Azra Avci, Andrea Spehar, Anna Svanberg, they’ve, , hasn’t, Scheherazade, Richard Meyer Organizations: CNN, Volunteers, El, El Sistema, Sistema, Orchestra, Dream Orchestra, Dream, Gothenburg Symphony, Training, YouTube, University of Gothenburg, Locations: Stockholm, Venezuelan, Sweden, Syria, Afghanistan, El Sistema Sweden, Gothenburg, It’s, El, Caracas, Eritrea, Albania, Malmo, Swedish, Ukraine, France, Álvarez, United Kingdom, Lebanon
Reddit and Kim Kardashian's shapewear brand, SKIMS, are considering 2024 IPOs, Bloomberg reported. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoth Reddit and Kim Kardashian's SKIMS are eyeing much-anticipated IPOs in 2024, Bloomberg reported. AdvertisementRepresentatives SKIMS did not immediately respond to requests for comment from Business Insider.
Persons: Reddit, Kim Kardashian's, IPOs, , Candace Browning, SKIMS, Jens Grede, Kardashian Organizations: Bloomberg, Service, SEC, Bank of America, Bank of America Global Research, Business Locations: Swedish
The S&P 500 currently sits around 4,550. BMO’s chief investment strategist Brian Belski has predicted that the S&P 500 will close out 2024 at a healthy 5,100. The S&P 500 has gained about 18.5% so far this year after falling nearly 20% in 2022. Despite elevated borrowing costs, three years of high inflation and increasing numbers of Americans dipping into their retirement plans, consumers continue to keep the US economy chugging. Google accounts include everything from Gmail to Docs to Drive to Photos, meaning all content sitting across an inactive user’s Google suite is at risk of erasure.
Persons: New York CNN — It’s, , Candace Browning, Browning, Goldman Sachs, Lori Calvasina, America’s Savita Subramanian, Subramanian, Brian Belski, , Matt Egan, ” Michelle Meyer, Jennifer Korn, it’s, Google Organizations: New, New York CNN, Bank of America, RBC, BMO Capital Markets, Deutsche Bank, RBC Capital Markets, Bank, America’s, Federal Reserve, Mastercard Economics Institute, CNN, Adobe Analytics, Google Locations: New York
AdvertisementFor a few weeks in July, an uncanny phrase permeated the air that mildly pained some who typed it: "Hot Zuck Summer." And although "Hot Zuck Summer" might have been a lighthearted take on Zuckerberg, the latest scandal is anything but. On Monday, The Wall Street Journal reported the disturbing way that sexualized content of children was served to adults through Instagram's Reels. Those accounts were then recommended Reels for adult sexual content and sexualized child content, the Journal reported. "Hot Zuck Summer" has turned into "Instagram Nightmare Fall."
Persons: Instagram, , Mark Zuckerberg, Elon Musk, Zuckerberg, Frances Haugen, Meta, Sheryl Sandberg, Sandberg, Liza Crenshaw, Adam, Mosseri Organizations: Service, Elon, Street Journal, Canadian Centre for Child Protection, U.S, Walmart, Lean, Business, Meta, Facebook Locations: Massachusetts
Bank of America predicted the Fed will cut interest rates in the middle of 2024. Still, Fed Chair Jerome Powell said the central bank is not considering rate cuts right now. As Insider previously reported, the point at which experts predict interest rate cuts are coming in the US vary. When it comes to the Federal Reserve itself, it doesn't think interest rate cuts should be top of Americans' minds right now. Fed Chair Jerome Powell said during the November press conference following the central bank's announcement to continue its pause on rate hikes that he's "not talking about rate cuts."
Persons: Jerome Powell, , Candace Browning, Michael Gapen, Powell Organizations: of America, Service, Bank of America, BofA Global Research, UBS, Fed, Vanguard, Federal Reserve
CNN —In hindsight, Bradley Cooper’s directorial debut “A Star is Born” served as the commercial tune-up that paved the way for “Maestro,” as both films deal with the price of art as well as loving an artist. Before getting to the movie itself, a word about the controversy it triggered over the prosthetic nose that Cooper donned to better resemble his Jewish character. Carey Mulligan and Bradley Cooper in "Maestro," which Cooper also directed. Still, watching Cooper and Mulligan portray their characters across decades, it’s hard not to be impressed, while nurturing a greater appreciation for why Cooper found Bernstein’s contributions and complications deserving of such a tribute. Cooper and Mulligan’s work should be very much in those conversations, if not the movie itself.
Persons: Bradley Cooper’s, , “ Maestro, Leonard Bernstein, Cooper, Carey Mulligan, Bernstein, Matt Bomer, Felicia Montealegre, Mulligan, Sarah Silverman, Edward R, Murrow’s, ” Bernstein, Felicia, Bradley Cooper, Jason McDonald, Maestro ”, Josh Singer, aren’t, Steven Spielberg, Martin Scorsese, “ Maestro ” Organizations: CNN, Netflix Locations:
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. "A lot of [OpenAI] diaspora could be going to Salesforce," Jim Cramer said Tuesday. At the same time, Nvidia stock made a new all-time high Monday, raising the stakes into the print. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Stocks, Sam Altman, Altman, Mark Benioff, Jim, Jim Cramer's Organizations: CNBC, Big Tech, Nasdaq, Treasury, West Texas, Nvidia Locations: China
His pained voice turned to anger when he recounted encountering disbelief that Hamas committed terrible atrocities when it attacked Israel. Indeed, since Hamas did murder children and take others as hostages, should it get credit if it didn’t also behead them? But if the U.S. response after Sept. 11 is a model, it is as a model of what not to do. After the attacks, the United States received deep global sympathy. In the Middle East, the devastating aftermath of that war — justified by false claims — has never ended.
Persons: Moshe Lavi, Lavi, there’s, Biden, didn’t, that’s, , Bush, , Peter Lerner, Saddam Hussein, Saddam, Benjamin Netanyahu Organizations: Hamas, New York Times, United Nations, Britain’s Sky, United, Iraqi Army, The New York Times, Guardian, Israeli Defense Forces, Hamas’s Naval Police, Naval Force, Amnesty International, Kuwaiti, American, Rights, Amnesty, West Bank Locations: Israel, Gaza, Iraq, U.S, United States, Abu Ghraib, People, Israeli, Kuwait, Vietnam, Kuwaiti
In a country shadowed by the threat of mass shootings and neighborhood violence, courts have embraced an increasingly absolute reading of the right to guns. In the wake of school shootings and neighborhood violence, how can parents and children feel safe? More than 25 years after Hollan Holm survived a school shooting in a small Kentucky town, he struggles to reassure his own children. “Jessi’s dead!”In the months after her daughter was killed in a mass shooting at a Colorado movie theater, the darkness was all consuming. But as the drumbeat of mass shootings continued with little hope of resolution, the couple confronted a painful reality.
Persons: , Jimmie Hardaway Jr, Stephen Cady, , Barbie Rohde, Rohde, Janet Paulsen’s, Paulsen, Hollan Holm, ” Holm, Krista Gwynn, Gwynn, Sandy Phillips, ” Phillips Organizations: Associated Press, New York, Pew Research Center Locations: U.S, Hardaway’s, Texas, Acworth, Kentucky, Colorado, Newtown, Buffalo, Highland
Mitt Romney in McKay Coppins' new book spoke about the 2016 dinner photo with Trump that went viral. Romney was under consideration to be secretary of state at the time, and met with Trump to discuss world affairs. "It had nothing to do with Donald Trump," Romney remarked to Coppins. Later that evening, Romney told members of the press that he had a "wonderful evening" with Trump and said their talks regarding global affairs had been "interesting and engaging." Trump then told Romney that he needed to come out forcefully in support of him to quell detractors.
Persons: Mitt Romney, McKay Coppins, Trump, Romney, , Donald Trump —, Jean, Georges, Hillary Clinton, Donald Trump, Coppins, Rudy Giuliani —, Rex Tillerson, Tillerson, Mike Pompeo, Pompeo Organizations: Trump, Service, Trump International, Photographers, Trump's, New York City Locations: Central, New York City, New York, Utah, Kansas
In a forthcoming book, the Utah senator says DeSantis "looks like he's got a toothache" in selfies. He also pondered whether DeSantis, who's "smarter than Trump," is ultimately more dangerous. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "He looks like he's got a toothache," Romney observed about DeSantis' selfies with voters in Iowa, adding of DeSantis generally: "There's just no warmth at all."
Persons: Sen, Mitt Romney, Ron, he's, , Ron DeSantis, McKay Coppins, Romney, Donald, Trump, DeSantis Organizations: Trump, Service, Florida Gov, Utah Republican, POLITICO Locations: Utah, selfies, Iowa, Romney
An emotional President Joe Biden Tuesday denounced the "sheer evil" of the Hamas terrorist attack on Israel, where at least 14 Americans are dead and others are being held hostage. Biden said U.S. ally Israel would be assured "whatever it needs" to take care of its citizens and respond to the attack. He said the United States is helping with intelligence and experts to assist in the hostage rescue efforts. Blinken is headed to Israel Wednesday to get an update and to see how the United States can assist. Biden and Jean-Pierre also said American authorities were on the alert for domestic threats that could come following the attack on Israel.
Persons: Joe Biden, Biden, Kamala Harris, Antony Blinken, Benjamin Netanyahu, Jake Sullivan, Sullivan, Yoav Gallant, Gerald R, Karine Jean, Pierre, Vladimir Putin's, Putin, Jean Organizations: White, Israel, Hamas, , ” National, Ford, Ukraine, White House Press Locations: Israel, Iran, United States, Gaza, U.S, Ukraine, America
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