Monday, June 27News That Matters
Shadow

Tag: Peloton

Peloton: Child killed in ‘tragic’ treadmill accident

Peloton: Child killed in ‘tragic’ treadmill accident

Business
Getty ImagesPeloton has warned parents to keep children away from its treadmills after the death of a child.Boss John Foley called it "tragic accident" - one of a "small handful" of incidents in which children have been hurt on the firm's exercise equipment.He did not disclose further details about what happened.In February, a 3-year-old suffered severe head injuries after getting trapped under a Peloton treadmill, but will make a full recovery.The latest incident report into that accident, disclosed on Wednesday, said the child "was found to have tread marks on his back matching the slats of the treadmill".Mr Foley, Peloton's founder, said children should stay away from the firm's machines, which have surged in popularity during the pandemic."We design and build all of our products with s...

Stocks making the biggest moves midday: Tesla, Twilio, Peloton & more

Finance
Check out the companies making headlines in midday trading. Twilio — shares of the cloud services company jumped 12% to a new all-time high after Twilio raised its forecast for third quarter revenue. The company said it is benefitting from the rise of remote work and education. Twilio is set to release its quarterly results in November.American Airlines, United Airlines, Delta, Southwest — Shares of the major U.S. airlines fell on Friday as President Trump's Covid-19 diagnosis injected uncertainty into the market. Shares of United Airlines fell more than 2.5%. Shares of American Airlines and Delta Airlines lost 2.3% and 2.1%, respectively. Southwest Airlines dropped 1.6%, while Alaska Air Group slid 2.6%.Tesla — Shares of the electric vehicle company slid more than 3% following Tesla'...