Peloton to replace CEO John Foley, lower 2,800 jobs

Peloton to replace CEO John Foley, lower 2,800 jobs

Peloton is replacing its CEO and reducing jobs as the corporate faces a fall in earnings and query. Plus, the electrical automobile industry is expanding within the U.S. with President Biden announcing the first charging manufacturing facility being in-built Tennessee. Unique York Cases DealBook editor Stephen Gandel joins CBS Data at the Unique York Stock Alternate closing bell to speak about what’s transferring the markets.

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