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The Latest Breaking News from Barry McCarthy

Australia secure win over Ireland in T20 World Cup – but still have work to do

Hosts fail to improve their run rate by enough in 42-run victory as Lorcan Tucker frustrates Aaron Finch’s men with unbeaten 71

The Guardian - AU

T20 World Cup: Rain Plays Spoilsport, Ireland Defeat England By 5 Runs As Per DLS Method

Rain played spoilsport in England's already shaky chase, helping Ireland defeat the former champions by five runs as per Duckworth-Lewis-Stern (DLS) method in the Group 1, Super 12 match of the ICC T20 World Cup at Melbourne Cricket Ground (MCG) on Wednesday. Read on for details:

Dynamite News

Ireland beat Scotland to reignite their T20 World Cup campaign

Ireland were well on their way to a second-straight defeat in the tournament as they slipped to 61 for four in pursuit of 177, but their fifth-wicket pair produced a masterclass to turn the tables

Irish Mirror

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Curtis Campher and George Dockrell carry Ireland to World Cup win over Scotland

They put on an unbroken 116 in just 57 balls, Campher with a swaggering 72 not out off 32 and Dockrell making an unbeaten 39

The Independent UK

Spend $3,000 For Privilege To Build Your Own Peloton: Latest Efforts To Reinvigorate The Fitness Brand

Interactive fitness company Peloton Interactive (NASDAQ: PTON) has been undergoing a transformation in 2022 that includes a new CEO, cost cuts and employee layoffs. A new plan might include seeing customers assemble products themselves.

Benzinga

Peloton cuts jobs, raises prices in bid for profitability

Peloton is laying off almost 800 employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash

The Independent UK

Peloton's stock spikes on reports of new layoffs

Investors cheered new efforts in Peloton's turnaround strategy.

Axios

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Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

Benzinga

Peloton shares plunge 20% as losses widen and sales guidance cut

Exercise bike maker misses targets, with boss describing turnaround effort as ‘emotionally draining’

The Guardian - UK

Peloton headwinds stiffen as people break pandemic routines

Peloton’s uphill struggle to generate sales as more people break from health routines forced during the pandemic continued in the third quarter and the company’s revenue outlook has shares tumbling more than 20% before the opening bell

The Independent UK

Peloton To Roll Out New Pricing Model: What You Need To Know

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy took over as chief executive officer last month and immediately went to work following months of downward price a

Benzinga

Jim Cramer Turns Positive On Peloton Following Interview With New CEO

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy was featured in an interview with Jim Cramer on CNBC's "Mad Money" Wednesday night. Following the interview, Cramer turned more positive on the stock.

Benzinga

Inside Peloton’s epic run of bungled calls and bad luck

It was a darling with investors and customers. What went wrong?

Financial Times

Fired Peloton Employees Crash CEO's Welcome Meeting

It seems the recently announced CEO transition at Peloton Interactive Inc (NASDAQ: PTON) is off to a bumpy start.

Benzinga

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The Guardian - US

Peloton to replace chief executive and cut 2,800 jobs amid sales slump

Barry McCarthy to replace co-founder John Foley in top role after company’s sales dropped from pandemic’s early days

Benzinga

Peloton Interactive CEO John Foley to Step Down: Report

Peloton Interactive Inc's (NASDAQ:PTON) co-founder John Foley is stepping down as CEO and will become executive chair, The Wall Street Journal reported. Barry McCarthy, the former chief financial officer of Spotify Technology SA (NYSE:SPOT) and Netflix Inc (NASDAQ:NFLX), will become CEO and president and join Peloton's board. Peloton also plans to cut 2,800 jobs to cope…

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