By Alice Seeley On Feb. 8, Peloton Interactive Inc. announced it will replace its CEO and co-founder John Foley with Barry McCarthy. McCarthy previously served as the chief financial officer for both Spotify and Netflix. Foley will stay on as an executive chairman after leading Peloton for its entire ten-year existence. Peloton agreed to pay McCarthy an [...]
By Alice Seeley Popular fundraising website, GoFundMe, froze a fundraising campaign for “The Freedom Convoy,” a group of Canadian truckers protesting their country’s COVID-19 vaccine requirements right after it had reached $7.9 million. GoFundMe cited police reports and claimed the demonstration was unlawful. On Feb. 4th, GoFundMe said it has “evidence from law enforcement that the previously peaceful [...]
By Alice Seeley According to the Bureau of Labor Statistics, 4.3 million Americans left their jobs in December at the height of the Omicron outbreak, adding to the country's current 10.9 million job openings. Job openings remain near record highs, just below July's record high of 11.1 million job openings. Despite the high number of quits, the rate [...]
By Alice Seeley Grammy Hall of Fame winner Neil Young has removed his music from the popular streaming platform Spotify in response to the company's refusal to remove popular podcaster Joe Rogan's content. Since then, several artists, including Joni Mitchell, Graham Nash, and Indie Arie, joined Young and left the music streaming platform. Young left the [...]
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