Peloton Interactive Inc. recalled its treadmill products and will stop selling them after a child died and more than 70 safety incidents were reported, walking back an earlier position that the devices were safe if used properly. The shares fell 15%, the most in about six months.
A ruling that Michael Jackson’s image and likeness at the time of his death were worth about $157 million less than the IRS estimated warns the agency not to look too far down the road when assessing the value of a celebrity’s estate.
Donald Trump remains banned from posting on Facebook for now, the company’s independent content oversight board ruled, leaving the former U.S. president without his most powerful tools for fundraising, rallying supporters and venting grievances.
The head of fitness company Yoga Buddhi Co. voiced a litany of frustrations about marketing his business through Apple Inc., including being told the login page for his app had the wrong background color.
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