RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Owners of Peloton’s Tread+ treadmill exercising equipment have been warned by the federal government due to the series of reported accidents. Last weekend, the U.S. Consumer Product Safety Commission stated that it has become aware of the 39 mishaps related to the use of the said treadmill that cost $4,295.
CPSC’s call to stop using the exercise equipment
CNN Business reported that there have been a number of reports where children and pets were pinned, pulled under and entrapped under the exercising machine. Due to these incidents, the agency immediately issued a notice for owners of the Tread+ treadmill to stop using them.
It was said that this is the same machine involved in the incident where a child died after being pulled under the treadmill. For this accident, Peloton simply urged the owners to follow and stick to the safety warnings when using the machine. The company also asked them to keep children away from the treadmill and make sure to activate safety keys when it is not in use.
On the other hand, the CPSC called on the users to refrain from using the treadmill and the warning led Peloton to release a statement saying that the agency's notice is "inaccurate and misleading." The company insists there is no reason for the owners to stop using the machine because they only have to properly follow the safety instructions.
Peloton will not recall the treadmills
Moreover, on the call to recall the Tread+ treadmill model, the company’s chief executive officer John Foley refused. He said that they will not stop selling the machine or get them back from the owners. Foley added that they have fully cooperated with the CSPC but for the order to issue a recall, they will not abide by it.
"At no time was Peloton trying to impede CPSC's investigation," the CEO said. "We were simply standing behind our members' right to maintain their privacy, and we remain committed to providing this type of information only with a member's consent or pursuant to a subpoena."
Meanwhile, shares of Peloton dropped by seven percent in premarket trading after the urgent warning from the federal government was released.
