Peloton, the high-rise exercise equipment company, has fallen off its perch as its shares have taken a hit falling nearly 25% this year, and trading at their lowest level in almost two years, albeit up 12% on Friday. The company’s shares had earlier plunged amid reports that it would be slowing production. In a blog, the firm’s chief executive said […]
Tag: equipment
Peloton Recalls Treadmills
Peloton the exercise equipment company has announced a recall of its treadmills. The move comes against the backdrop of reported multiple injuries and the death of a child in an accident. The company had initially denied reports of the danger of using its exercise equipment. Chief Executive Officer John Foley, however, has now apologized for the company’s initial reaction to […]
Jamaica Gets Help To Fight COVID-19
According to the Minister of Health and Wellness, Dr. Christopher Tufton, the number of ventilators on the island will triple to triple, given the number of donations from private entities over the past few weeks. “We have been getting some additional ventilators over the last few weeks, and the aim, ultimately, by next month (May) is to have between 90 […]