Why Peloton had to lay off 2,800 people and what’s next for the beleaguered exercise bike company The company has come crashing down from its pandemic highs. CEO and co-founder John Foley may have also made missteps. Amy Lamare 2.9.22 7:54 PM
Amazon’s huge max pay bump comes as it’s trying to fill 84,400 jobs The e-commerce giant’s job postings have risen by nearly 50% over the past six months, according to data from Thinknum. Christie Smythe 2.8.22 10:35 PM
How much the biggest SPAC sponsors lost in January’s market rout Special purpose acquisition companies were a method of choice over the past year for taking companies public. But now a downturn in the market is making them less attractive. Othmane Zizi 2.4.22 9:32 PM
Glossier’s fall by the numbers: what went wrong at the beauty brand The brand’s social media followings have been sliding, suggesting it might be tough for the company to recover. Abigail Rubenstein 2.4.22 2:58 PM
Lime, the scooter rental company people love to hate, is navigating a rocky road to an IPO The company has overcome a pandemic ridership drop-off and public backlash, but it still has a long way to go to dominate the “micro mobility” market. Sam Klebanov 2.3.22 9:59 PM
DeFi demystified: everything you need to know about how crypto is remaking finance Crypto can seem opaque and complex, but some finance products resemble those in traditional markets. Othmane Zizi 2.2.22 4:14 PM