Business

Peloton to sell its bikes on Amazon in bid to reverse slump

Peloton's high-end exercise bikes and other gear will now be able to be bought on Amazon in the U.S., a partnership aimed at boosting the fitness company's sales that have languished since the easing of pandemic lockdowns.

Business

Samsung Electronics forecasts 11.4% rise in 2Q profits

Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes.

Business

Netflix buys Wonka author Dahl's catalog

Netflix has acquired the works of Roald Dahl, the late British author of celebrated children's books such as "Charlie and the Chocolate Factory."

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