This is not merely a temporary setback; it is the result of profound structural difficulties, dwindling demand, changing consumer ...

Peloton is recalling about 833,000 Original Series Bike+ units, the Consumer Product Safety Commission announced Thursday. The product's seat post assembly has broken during use, posing fall and ...

The recall impacts about 875,000 Peloton Original Series Bike+ units manufactured between 2019 and 2022 with model number PL02 and serial numbers starting with the letter ‘T.’ The serial number can ...

Peloton called the agency's public warning "inaccurate and misleading." The Consumer Product Safety Commission has issued an "urgent warning" for people to stop using Peloton's Tread+ treadmill if ...

Peloton has experienced declining demand for its at-home exercise equipment since pandemic-related lockdowns and social restrictions eased. The company's management team has significantly cut costs to ...

The Consumer Product Safety Commission said Thursday Peloton Interactive is recalling about 833,000 units of its Original Bike+ Model PL02 after reports that the seat post assembly could break during ...

The connected exercise equipment company's share price is far from what it once was, but it just might deliver heart-pumping ...

If you have a Peloton listen up: The fitness brand is voluntarily recalling seat posts for more than 800,000 of its Original Series Bike+ models. The seat posts can break during use, posing a ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

The exercise equipment maker is coming off four years of declining revenue due to sluggish demand. On a more positive note, Peloton is now turning a profit thanks to a series of drastic cost cuts.