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Month: February 2022

Peloton is replacing its CEO and cutting 2,800 jobs

CNN, CNN BUSINESS By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help reinvigorate the flailing fitness company. Barry McCarthy, the former chief financial officer of Spotify and Netflix, will become its CEO and president, effective Wednesday. Foley will become the company’s executive chair,

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Teenager wanted in connection with no-knock warrant that led to Amir Locke’s death was his cousin

By Omar Jimenez, Peter Nickeas and Bill Kirkos, CNN A Minneapolis SWAT team serving a warrant that led to an officer shooting Amir Locke was looking for his teenage cousin and two others in connection with a homicide investigation, according to the court documents released Tuesday. Authorities linked Locke’s cousin, 17-year-old Mekhi Speed, to a

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