BusinessCompany News Actions Facebook Tweet Email Peloton Co-Founder Steps Down After Rough Ride Peloton announced Tuesday it plans to replace CEO John Foley and cut 2,800 jobs, or about 20% of corporate positions. Prev Next By: AP via Scripps News Group Posted Most Recent Ex-‘American Idol’ contestant Caleb Flynn on trial in wife’s killing Eric Levenson, CNN Newsource Costco says it used tariff refunds to cut prices on everyday goods Justin Boggs Ocasio-Cortez downplays 2028 speculation, stresses 2026 elections Justin Boggs Business Increased beef imports still haven't brought relief for high consumer prices Scripps News Group Claims for unemployment benefits drop to 197,000, the lowest since mid-July AP via Scripps News Group USPS holiday mailing deadlines: When to send packages to arrive by Christmas Scripps News Group Watch Scripps News on your favorite app or smart TV. About Scripps News Download the Scripps News app. About Scripps News Download the Scripps News app