Peloton shares briefly fall as Apple announces cheaper rival fitness service launches Dec. 14

Apple announced the release Fitness+, its subscription service for digital fitness classes, on Tuesday. The news sending shares of Peloton lower in pre-market trading but they recovered in the morning and are up slightly. Apple’s service, which launches Dec. 14, will cost $9.99 per month or $79.99 per year. Users can watch workout videos on their iPhones, iPads, … Read more

Loans, credit cards, bank products: Don’t fall for sales pitches

Rati is the owner of a startup in the cookery business. She is being approached by a number of banks, all trying to woo her with women-oriented schemes like special credit cards, attractively-priced loans etc. She is impressed and some of the offers seem rather enticing. However she wonders if there are any issues that … Read more

U.S. home appliances shipments fall 1.4 percent year-on-year in May: AHAM

Deliveries of the six biggest categories of white goods (AHAM 6) in the United States fell 1.4 percent year-on-year in May, data from industry body Association of Home Appliance Manufacturers (AHAM) showed late on Tuesday. Shipments in the country, a major market for companies such as Swedish home appliances maker Electrolux (ELUXb.ST), were up 3.4 … Read more