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Business

Pelotons nightmare before Christmas: $1.5 billion vanished from the stock in 3 days amid holiday ad backlash

https://markets.businessinsider.com/news/stocks/peloton-stock-price-15-billion-wiped-from-value-in-3-days-amid-backlash-1028743585

A shortcut on the Bloomberg terminal sent users to the billionaire presidential candidates website, where a campaign ad autoplayed. It was quickly changed.

https://markets.businessinsider.com/news/stocks/bloomberg-terminal-sent-users-to-presidential-candidates-website-autoplay-ad-2019-12-1028742456

Sen. Rand Paul unveils plan for people to pay off student loans by dipping into their retirement savings

https://markets.businessinsider.com/news/stocks/rand-paul-student-loan-plan-people-pay-with-retirement-savings-2019-12-1028742288

Guccis owner has reportedly held talks to buy Moncler in a potential $12 billion deal

https://markets.businessinsider.com/news/stocks/gucci-owner-kering-held-talks-buy-moncler-12-billion-deal-2019-12-1028740004
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The Mets are in talks to sell 80% of the team to billionaire hedge fund manager Steve Cohen

https://markets.businessinsider.com/news/stocks/mets-talks-sell-80-percent-baseball-team-billionaire-steve-cohen-2019-12-1028738696

Googles founders came up with the Alphabet model after meeting Warren Buffett

https://markets.businessinsider.com/news/stocks/google-founders-modeled-alphabet-warren-buffett-berkshire-hathaway-2019-12-1028737463

The Carpocalypse is here — automakers are set to cull 80,000 jobs in the next few years

https://markets.businessinsider.com/news/stocks/auto-jobs-80000-workers-cut-as-electric-cars-trade-war-hammer-industry-2019-12-1028736757

Commerce Secretary Wilbur Ross supports delaying a trade deal until after the 2020 election, saying it eliminates an advantage for China

https://markets.businessinsider.com/news/stocks/pushing-trade-deal-past-election-eliminates-china-advantage-wilbur-ross-2019-12-1028734427
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Ubers former CEO Travis Kalanick cashes in another $93 million in stock as he separates himself further from the rideshare giant

https://markets.businessinsider.com/news/stocks/travis-kalanick-sells-another-93-million-of-uber-stock-2019-12-1028734257

Trump administration proposes slapping new tariffs on $2.4 billion worth of French goods to retaliate against big tech tax

https://markets.businessinsider.com/news/stocks/trump-administration-proposes-new-tariffs-french-goods-big-tech-tax-2019-12-1028731609

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