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Peloton Grows its Business
Peloton has made a deal to acquire commercial fitness-equipment provider Precor Inc. for $420 million in cash. The acquisition will help Peloton gain U.S. manufacturing capabilities

Walmart Launches New Return Service
The online battle between retail giants continues to rage as Walmart takes on Amazon with a better return service for unwanted items. Walmart announced that

PODCAST: What Will It Take to Distribute The Covid-19 Vaccine
On the Knowledge @Wharton podcast, University of Pennslyvania professor Gad Allon explains the unprecedented levels of teamwork that needed to effectively distribute the vaccine across

Podcast: A Look at the State of Retail, as Holiday Shopping Wraps Up
2020 wasn’t the best year for retail. Sales fell by more than a percent in November which includes the first wave of holiday shopping. With holiday

Coinbase Aims to go Public
As the price of cryptocurrencies soars among renewed interest in them by investors, the most prominent cryptocurrency exchange has signaled interest in going public. Coinbase

Facebook Releases Full Page Newspaper Ads Criticizing Apple
Facebook has taken its criticism of Apple to the next level. The social media company released full-page ads in the New York Times, Wall Street Journal, Financial

Covid Vaccine Mandates Signaled By CEOs
Business leaders are exploring whether employees can be forced to take the Covid-19 vaccine. On Dec. 15, at a Yale School of Management summit, 72% of current

Google Faces a New Antitrust Lawsuit
Google is facing another antitrust lawsuit, this time coming from a group of state attorneys general led by Texas that is targeting the company’s advertising

Robinhood Faces Regulatory Scrutiny
Popular amateur trading app Robinhood faces increased scrutiny from regulators as the company faces charges from Massachusetts regulators and pays out fines to the Securities

Retail Sales Fall as Economic Growth Slows
In a sign that the pandemic recovery may be stalling out, retail sales in America fell last month. According to a report by the Commerce