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Peloton plans to build first US factory in Ohio, add 2K jobs
Peloton Interactive plans to break ground on its first U.S. factory in Troy Township, Ohio, over the summer. The exercise equipment maker said the Peloton Output Park will make the Peloton Bike, Bike+ and Peloton Tre.....»»
Cryptos: Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price
Coinbase Global on Monday said it plans to sell $1.25 billion of convertible debt. Its stock closed below its $250 reference price for the first time since the crypto platform listed on the Nasdaq exchange in mid-April......»»
Subway is hiring 40,000 workers this month as the chain attempts to return to pre-pandemic hours
Subway closed 1500 stores in 2020, and franchisees say returning to pre-pandemic restaurant hours is difficult without sufficient staff. Dima Gavrysh/ AP Subway plans to hire 40,000 workers in May, but that may not be eas.....»»
The region’s largest hotel has been closed for an entire year. Here’s the latest on its reopening plans.
The hotel's owner and the union representing its workers say they're getting close to welcoming back guests......»»
Blaze Partners, Argosy Real Estate Partners acquire University City hotel for $8M, plan conversion
An extended-stay hotel in University City has apparently closed permanently and sold to a new owner, which plans to convert the property into residential units......»»
Combined Properties lands tenant to fill Shoppers" void at White Flint Plaza
The discount supermarket chain plans to open later this year, filling a void created when Shoppers closed in January 2020......»»
Heyday closes $20M round for expansion, names former Rent the Runway COO president
Skincare company Heyday has closed a $20 million Series B round to fund expansion and has added as president Maureen Sullivan, the former president and COO at Rent the Runway. New York City-based Heyday said it plans to use the funding add “hundred.....»»
Downtown meeting tomorrow looks for quick improvements for urban core
The meeting is one of two being held about downtown plans this week......»»
ReVivo Medical scheduled for clinical trials of its flagship products
ReVivo Medical closed on an equity offering last month to fund initial stages of the trial for its flagship device. The startup plans to raise additional funds as the trial progresses......»»
Oil Surges To Jan 2020 Highs Amid Permian Freeze, Supercycle Chatter
Oil Surges To Jan 2020 Highs Amid Permian Freeze, Supercycle Chatter While the US cash market may be closed for holiday tomorrow, world traders aren't wasting any time and are taking reflationary traders to the next level, sta.....»»
Google completes Fitbit acquisition after months-long probe
Alphabet’s Google has closed its acquisition of Fitbit. The company made the announcement in a blog post, singing the praises of Fitbit in the process. Google initially announced plans to acquire Fitbit in November.....»»
AvidXchange CEO talks latest acquisition, HQ expansion and what"s next for fintech firm
AvidXchange Inc. closed another acquisition just before the new year, signaling the company has no plans to slow down. CEO Michael Praeger also said AvidXchange has resumed planning for its second headquarters building......»»
Big shift for Cary Towne Center as Epic Games buys site for $95M for headquarters campus
The future of the Cary Towne Center has shifted dramatically as Epic Games has acquired the 87-acre site with plans to build a global headquarters campus. The Cary-based video game and software giant confirmed to TBJ it closed on the property o.....»»
Year in review: Here are the St. Louis restaurants that closed — and opened — in 2020
It was a difficult year for restaurants amid the Covid-19 pandemic — with many closing their doors for good. But some found a way through the pandemic and opened new restaurants, too. Others have plans for new projects in 2021......»»
: Peloton to make $420 million acquisition aimed at catching up with backlog of orders; stock jumps
Peloton Interactive Inc. plans to acquire a company to help it catch up with all of the exercise bikes and treadmills that customers have been ordering during the pandemic, and investors seemed to like the deal Monday afternoon......»»
McDonald"s to make changes to restaurants as dining areas reopen
McDonald's Corp. said it's going to make some changes at its restaurants as the burger giant plans to reopen its dining areas. The restaurant chain (NYSE: MCD), which closed all of its dining areas in the United States on March 17, said franchised .....»»
Amazon expects to extend France warehouse closures to May 18
Amazon plans to extend until May 18 the closure of its six French warehouses, which have been closed since April 16 after court rulings ordering the U.S. e-commerce giant to restrict deliveries during the coronavirus pandemic......»»
Seattle closed more than 20 miles of streets to cars so people could exercise during lockdown. They mayor said they"ll stay that way.
Lindsey Wasson/Getty Seattle closed more than 20 miles of streets to cars so people could exercise during the coronavirus stay-at-home orders. Mayor Jenny Durkan announced Thursday .....»»
Closed meat plants told to submit reopening plans ASAP: agriculture secretary
President Trump signed an executive order to classify meat processing as critical infrastructure......»»
Starbucks stores are reopening, but fearful employees say they"d rather collect unemployment than risk their health returning to work — except they can"t
Alexi Rosenfeld/Getty Images Beginning Monday, the company plans to re-open stores closed due to the pandemic, though the operations at all stor.....»»