tschram

tschram

Peloton to stop making its own bikes, treadmills

Peloton will stop making its own interactive stationary bikes and treadmills, outsourcing those duties to a Taiwanese manufacturer as it attempts to revive sales that surged during the pandemic. The New York City company, which recorded its only profitable quarters during the pandemic, is seeking to lower costs after sales slid when gyms began to reopen and cheaper knockoffs entered the market.

European Central Bank head targeted in hacking attempt

BERLIN (AP) — The European Central Bank said Tuesday that its president, Christine Lagarde, was targeted in a hacking attempt but no information was compromised. The attempt took place “recently,” the Frankfurt-based central bank for the 19 countries that use the euro said in an emailed response to a query about a report by Business Insider.

TODAY

Today is the 194th day of 2022 and the 23rd day of summer. TODAY’S HISTORY: In 1863, draft riots began in New York City.

Thunder hold off Magic

LAS VEGAS (AP) — Chet Holmgren, the No. 2 pick in the draft, had 16 points and 10 rebounds to lead the Oklahoma City Thunder to an 84-81 victory over the Orlando Magic on Monday night in the Las Vegas Summer League.

4 join Home Run Derby

ATLANTA (AP) — Mets slugger Pete Alonso will try to become the first player to win the All-Star Home Run Derby three consecutive times against a field that will include the Cardinals’ Albert Pujols, Phillies slugger Kyle Schwarber, the Braves’ Ronald Acuña Jr. and Washington’s Juan Soto.

Rangers get past Oakland

ARLINGTON (AP) — Corey Seager’s first four-game homer streak comes with the realization that the slugging Texas shortstop might never match what diminutive teammate Josh Smith did an inning later.