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Can You Actually Ditch Your Car for an E-Bike? Maybe
  + stars: | 2022-09-21 | by ( Brigid Mander | ) www.wsj.com   time to read: 1 min
THE PATH OF LEAST RESISTANCE For many riders, new e-bikes offer all the same functionalities one expects from SUVs, pickup trucks and sedans. EACH WEEKDAY MORNING, like millions of other American parents, Emily Lecuyer, 39, drops her kids off at daycare. Instead of loading them in a car, however, the CFO for an IT security company in Kansas City, Mo., transports her 1- and 2-year olds on her Rad Power Bikes RadWagon, a long tail cargo electric bike. After pedaling her progeny 3 miles to their destination, Ms. Lecuyer journeys another 5 miles to her office. She might arrive with her hair a bit windswept, but, thanks to the bike’s powerful motor, she never breaks much of a sweat.
A survey conducted by the Alternative Investment Management Association (AIMA), showed that about one-third of traditional hedge funds are investing in digital assets. Approximately one-third of the panel discussions revolved around digital assets, according to SkyBridge Capital's Anthony Scaramucci. And while some funds may still be grappling with the question of how much exposure they should allocate to digital assets, Scaramucci is pedaling forward. Long term, he believes in the appreciation of digital assets, and he's willing to pay the price of absorbing the volatility in the meantime. The pivot to digital assetsSkyBridge has pivoted heavily into crypto and blockchain technology from its traditional hedge fund of funds business.
Peloton investors gear up for a volatile ride
  + stars: | 2022-08-25 | by ( ) www.reuters.com   time to read: +2 min
TORONTO, Aug 25 (Reuters Breakingviews) - Investors in Peloton Interactive (PTON.O) hardly ever know what kind of workout they’ve signed up for. Shares in the exercise-bike maker sank over 18% on Thursday morning after it posted a $1.2 billion net loss for the three months to June, about four times the deficit for the same period of 2021. The slide wiped out an equivalent percentage gain a day earlier after Peloton said it would begin selling its bikes and other accessories on Amazon.com (AMZN.O) in the United States. McCarthy isn’t sitting idle — roughly a third of the company’s quarterly loss was due to restructuring charges. Thursday’s slide shrinks Peloton’s enterprise value to just over $3 billion, after deducting roughly $500 million in net cash.
America's Overachievers Are Finally Leaning Back
  + stars: | 2022-03-02 | by ( Aki Ito | ) www.businessinsider.com   time to read: +13 min
Today, Justin is working the least he ever has: 40 hours a week. But what these executives are missing is that some employees don't want to pal around with their coworkers. In peak hustle culture, work was where we expected to find everything we needed to live the good life: joy, purpose, community. Then he started billing for 40 hours a week of labor that often took him only a few hours to complete. But after nine months of leaning back, a solid 40 hours is starting to look pretty attractive.
Best Apple Watch bands for working out in 2023
  + stars: | 2022-01-28 | by ( Ellen Mcalpine | ) edition.cnn.com   time to read: +5 min
Here are our favorite bands for working out with the Apple Watch. Apple Sport Loop ($49; amazon.com and apple.com)Apple Sport Loop AppleThe Apple Sport Loop is designed with tough workouts in mind. Nike Sport Band ($49; apple.com and bestbuy.com)Nike Sport Band AppleThis classic Sport Band is made from fluoroelastomer with compression molded holes that allow your skin to breathe throughout your workout. CaseMate Pelican Apple Watch Bumper ($20; case-mate.com)CaseMate Pelican Apple Watch Bumper CaseMateThe tough TPU construction of this watch bumper from Pelican means it’ll keep your watch protected from any mishaps or damage, whether you’re concerned about dust and dirt while out on the trails or worried about bumps from equipment in a weight room. Tefeca Breathable Sport Loop ArmBand for Apple Watch ($17.99; amazon.com)Tefeca Breathable Sport Loop ArmBand for Apple Watch AmazonDon’t feel like wearing your Apple Watch on your wrist?
One solution to the problem is autonomous trucks, and several companies are in a race to be the first to launch one. The journey was completed in 14 hours versus the usual 24 with a human driver, mostly because a truck doesn't need to sleep. Its plans are dependent on state legislation, however, because currently some states do not allow for testing of autonomous trucks on public roads. According to Lu, that's still cheaper than paying for a human driver. But you're saving the cost of a human driver, which based on average US wages is about $80,000 to $120,000 per year -- or 80 cents to $1.20 per mile.
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