Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling
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Peloton shares fell 7% in premarket trading following an "urgent warning" from the United States government telling owners of the company's Tread+ to stop using the machine.
On Saturday, the Consumer Product Safety Commission said it has become aware of 39 accidents involving the $4,295 treadmill, including "multiple reports of children becoming entrapped, pinned, and pulled under" the machine. The CPSC said it's urging customers with small children and pets to stop using the machine immediately. A child died in March in an incident involving the machine. That prompted a strongly worded statement from Peloton (PTON), claiming the federal agency's notice is "inaccurate and misleading." The fitness company said there's "no reason" to stop using the machine if safety instructions, such as correctly using its safety key, are followed.
Haiti is about to get a new set of foreign boots on the ground. The goal sounds simple: fight the gangs that have brought life to a standstill.
Oklahoma’s governor picks energy executive Alan Armstrong to fill US Senate seat through end of year
Oklahoma’s governor on Tuesday appointed energy executive Alan Armstrong to serve in the US Senate through the end of the year and finish the term of Republican Markwayne Mullin, the new homeland security secretary.
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Travelers have been dealing with worsening airport wait times as ICE agents deploy to more than a dozen airports. Follow for live news updates.
President Donald Trump voted in Tuesday’s state House special election by mail even as he suggested on Monday that “mail-in voting means mail-in cheating.”
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The Supreme Court on Tuesday will consider the legality of a policy championed by President Donald Trump during his first term that prevented scores of migrants arriving at the southern border from starting the process of applying for asylum.
A young, well-liked facilities manager at the Kennedy Center has gone from being described as “in charge of HVAC and toilets” to head of the renowned arts institution.
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An Air Canada plane traveling from Montreal collided with an emergency vehicle on the runway at New York City’s LaGuardia Airport in the late hours of Sunday night, killing two pilots and injuring dozens of people.
Top Senate Republicans on Capitol Hill believe their party is unified behind a plan to reopen the Department of Homeland Security. Now, they need to sell the plan to Democrats.