Pelton Won’t Be Making a Rower—Company Announces a Halt in Production
Recently, Peloton decided to temporarily halt the production of its bikes and treadmills due to a lack of consumer demand. There likely won't be a rower coming anytime soon.
Company & Industry Overviews
Plaid Buys Cognito for $250 Million After Data Privacy Lawsuit Settles
Fintech company Plaid is going all in on a $250 million Cognito acquisition just after settling a multimillion dollar class-action lawsuit.
Who Owns LiveGlam? The Cruelty-Free and Vegan Cosmetics Company
LiveGlam, a cruelty-free and vegan cosmetics company, was founded by influencer Dhar Mann. He also runs a video production studio and makes inspirational video content.
Semrush Acquires Backlinko, Expands Traffic by 500,000
Semrush is a big name in the search engine optimization world, and it’s expanding amid its acquisition of Backlinko. How will the acquisition help Semrush?
What's Liberal Spice-Monger Bill Penzey's Net Worth?
Bill Penzey has a thriving spice business in spite of, or perhaps because of, his unapologetically left-leaning political statements. What's his net worth?
Golden State Warriors: Chamath Palihapitiya Is a Minority Investor
The NBA's Golden State Warriors organization wants to distance itself from minority investor Chamath Palihapitiya after his comments on Chinese human rights abuses. Who owns the team?
Search Engine DuckDuckGo Handled 35 Billion Searches in 2021
Who owns DuckDuckGo? Learn more about DuckDuckGo Inc., founder Gabriel Weinberg, and his vision for an “easy button” for online privacy.
What's Elon Musk’s Favorite Interview Question and Answer?
Elon Musk’s favorite interview question and riddle help him identify the right people to hire even without looking at their academic level.
Revivicor: How to Invest in the Pig Heart Transplant Company
Revivicor has done the first-ever successful pig heart transplant on a human being. Does the company have stock and can you invest in it?
Albertsons' Exceeded Q3 Earnings Estimates, Stock Falls
Albertsons is one of the largest grocery conglomerates in the U.S. The company reported its earnings for the third quarter of fiscal 2021 on Jan. 11.
What Are the Top ESG Companies for Investors in 2022?
What are the top ESG companies right now? The JUST 100 provides rankings and insights to help people who want to invest for a better future.
Elizabeth Holmes's Theranos Raised a Fortune, Was Backed by Betsy DeVos’s Family
How much money did Elizabeth Holmes raise? Here's more about the former Theranos CEO, who was convicted on four fraud charges on Jan. 3, 2022.
Why 2021 Is Being Called the Year of the 'Great Resignation'
The COVID-19 pandemic is making employees realize that they have more power than ever before. Employers are desperate, but employees want their work needs met.
Zynga Takeover: Take-Two Interactive Buys Company for $12.7 Billion
Take-Two Interactive, a video game publishing giant, purchased Zynga, which is one of the top mobile gaming companies, for over $12 billion.
How Does Dutchie Make Money, and Who Are Its Founders?
As Dutchie continues to grow in the cannabis industry, investors want to know about its stock and who owns the startup.
How Jessica Simpson Nearly Lost Her Billion-Dollar Company
After years of negotiating, Jessica Simpson was able to reclaim ownership rights to the Jessica Simpson Collection in November 2021.
Eduardo Saverin’s Settlement After His Lawsuit Against Facebook
Mark Zuckerberg cut out his long-term friend and business partner Eduardo Saverin from Facebook. What was Saverin's settlement after his lawsuit?
Taco Bell Launches Subscription Program and Chicken Wings
Taco Bell launched its Taco Lover’s subscription program on Jan. 6, 2022, allowing customers to get certain tacos for free every day for 30 days.
Chelsea Fagan Is a College Dropout Turned Successful Entrepreneur
Chelsea Fagan is a founder of The Financial Diet. According to unconfirmed sources, her net worth is said to be around $500,000. How did she find success?
Fanatics CEO Michael Rubin and Girlfriend Soon To Welcome 2nd Child
Michael Rubin, CEO of Fanatics, is currently dating Camille Fishel. Rubin and his girlfriend are expecting their second child, another girl.
Fanatics Acquires Topps’ Trading Card Business for $500 Million
Fanatics competed with Topps in 2021. Now, it will acquire the trading card company's sports card business. Is Fanatics publicly traded?
Mitú: Who Owns the Latin-Focused Entertainment and Media Company?
Mitù, a Latin-focused entertainment and media company founded in 2012, was acquired by GoDigital Media Group in 2020. Who founded the company and who owns it?
BlackBerry Has Ended Services for Classic Models
Starting Jan. 4, 2022, BlackBerry will no longer support BlackBerry devices that use the company operating system. What does the company’s future hold?
Over 100,000 People Sign Up for Gettr After Joe Rogan Joins Platform
Joe Rogan is the latest public figure to join the Gettr platform, which is an alternative to other social networks. Is it possible to invest in the platform?
Meat Prices Soar, Biden Aims to Increase Competition in the Industry
President Joe Biden has announced steps aimed at bringing down meat prices. What are these steps and can they help bring meat prices down?
Does Afterpay Report to Credit Bureaus? Here's the Scoop for Borrowers
Some 'buy-now-pay-later' programs can have a negative effect on your credit score. Does Afterpay report to credit bureaus? What can borrowers expect?
Who Owns the Green Bay Packers? How to Become a Shareholder
The Green Bay Packers are the only NFL franchise not owned by an individual or entity, but by a group of shareholders. Here's how the ownership works.
What Happens After Costco Checks Your Receipt?
Many new Costco members are surprised when the megastore staff checks receipts at the exit. Why does Costco check receipts?
Is Apple Using Forced Labor to Make Its Products? Time Will Tell
Apple shareholders want to make sure that the company doesn’t use forced labor to produce its iPhones, iPads, iMacs, and other products. Is Apple using forced labor?
Who Owns Pinterest? Platform Has 447 Million Monthly Active Users
Pinterest is a publicly traded company that's owned by multiple people, including investors. Ben Silbermann, the co-founder and CEO, owns 38 percent of Pinterest.
Who Owns Sugarlands Distillery in Gatlinburg? Details on the Moonshine Maker
The Sugarlands Distillery in Gatlinburg, Tenn., produces handcrafted whiskey and moonshine. Who owns the company?
How Many Websites Run on AWS? Outages Plague the Service
Amazon Web Services, or AWS, experienced its third outage in three weeks. The outages have taken out massive numbers of sites and apps. How many websites run on AWS?
Airbnb Reaches Billion-Dollar Valuation—Here's How You Can Invest
If you want to invest in Airbnb, you can purchase shares of the company stock or even become a host. The company has reached a billion-dollar valuation.
Li Auto Is Closing Out 2021 Strong: Is the Stock a Buy for 2022?
Li Auto has been one of the most talked about Chinese electric vehicles in 2021. Is Li Auto stock a buy right now? What's the outlook?
Why TikTok’s Algorithm Is Changing and What It Means for Users
The TikTok algorithm change comes after a viral post on the app caused U.S. schools to close down or stop classes over shooting threats.
Sinovac Vaccine Deemed Ineffective at Protecting Against Omicron
A recent study revealed that Sinovac's COVID-19 vaccine may not be as affective at protecting against the omicron variant of the COVID-19 virus.
Who Owns Ultimate Kronos Group? Info on the Latest Cyberattack Target
Kronos, which merged with Ultimate Software in 2020, is led by longtime Kronos CEO Aron Ain. Who owns Kronos?
Universal Music Group Dives Into Metaverse With Celeb Avatars
Universal Music Group is diving head-first into the metaverse with avatars based off of singers. What does the deal with avatar creator Genies entail?
Can You Buy a Tesla Vehicle With Dogecoin? DOGE Skyrockets
Tesla founder Elon Musk is dipping his toes into accepting Dogecoin as payment. Does that mean you can buy a Tesla car with DOGE?
NIO Day: Will It Mark a Turning Point For NIO Stock?
Investors and fans are expecting important NIO Day announcements as the EV company looks to enter the mass market and expand in Europe.
Log4j Exploit, Explained: What It Is and Why Techies Are on Edge
Log4j vulnerabilities are coming to light. These cybersecurity gaps are being exploited by hackers. What are experts doing to resolve the issue?
Arena Pharmaceuticals' Pipeline Includes Bowel Disease Treatments
With Pfizer poised to acquire Arena Pharmaceuticals, the drug company's pipeline comes into question. What's Arena developing?
Who Owns the Chicago Bears, One of the NFL’s Oldest Franchises
Who Owns the Chicago Bears? Since 1920, the NFL franchise has been owned by the same family. It's now primarily owned by Virginia Halas McCaskey.
What Starbucks Workers Unionization Means for the Coffee Chain
Starbucks workers at a location in Buffalo, New York, voted to unionize. The coffee chain could struggle with labor issues at other locations.
Wondering Why Wikipedia Is Always Asking for Donations? A Look at the Financials
Wikipedia has asked for donations for many years, it even has an endowment fund. But some people believe the company has more money than they are leading on.
Who Owns Evergrande and Will Its Debt Issues Impact the U.S.?
China Evergrande Group was founded by Xu Jiayin (Hui Ka Yan) in 1996. The company currently has more than $300 billion in total liabilities.
Theranos Doesn't Exist Anymore, But Its Patents Live On
Theranos founder Elizabeth Holmes is at the end of her testimony in a fraud trial. Does Theranos still exist? Many people have questions about the company.
Evergrande Defaults on Debt: Why the Story Isn't Over Yet
A credit rating firm has downgraded Evergrande, which means that the real estate developing giant has defaulted on its debt. What's next?
Nubank's Stock Forecast in 2025: Good Investment With Growth Potential
Investors are trying to assess Nubank's (NU) stock forecast to see where it could be in 2025. Will it fare better than StoneCo?
How to Join AMC Investor Connect in Time to Get a Free NFT
AMC Investor Connect is now offering a second NFT to members. How can you join to take advantage of it? Here's how you can join and what to expect.