The star of a much-criticized Peloton holiday ad told NBC on Thursday she was surprised at the sudden amount of criticism weeks after it first aired. Amid the uproar, Ruiz appeared in an ad Friday for actor Ryan Reynolds’ Aviation Gin, which seemed to mock the Peloton ad. In the “TODAY” interview, Ruiz said she initially told her agent she didn’t want to appear in the gin ad because she didn’t want to appear to be making fun of the Peloton ad. The actor said when he first saw the Peloton ad, he

It looks like PepsiCo could beat rival Coca-Cola to market with a coffee-cola beverage. Twelve-ounce cans of Pepsi Cafe will arrive at U.S. stores in April, but will be available only for a limited time. Coke’s version, Coke Plus Coffee, is available in international markets, but the Atlanta-based company has not announced a U.S. launch despite months of speculation. Pepsi Cafe will come in two flavors: original and vanilla. Both iterations inspired the taste of Pepsi Cafe, which took more than

The S&P 500 could see another year of double-digit gains in 2020 as investors circle back to stock groups they left behind in 2019, says Art Hogan of National Securities. The firm’s chief market strategist has now set his 2020 price target for the S&P 500 to 3,450, one of the highest on Wall Street. “We’re seeing the momentum side sell off, and I think that’s a healthy thing. “It’s been three years since the Russell … has actually done better than the S&P 500,” Hogan said. So, I think that’s a

Here are the biggest calls on Wall Street on Thursday:UBS upgraded the company in transferred coverage to a new analyst and said the stock was at an “inflection point.” “We assume coverage of GE with a Buy rating as we believe the stock is at a positive inflection point into 2020, driven by 1) successful de-levering , 2) strong EPS growth of ~12%/29% in 2020/21E and 3) a tripling of ind. FCF to ~$2.3B in ’20e led by Aviation & Healthcare. Power, Renewables and Corporate FCF drags should decline

The partnership with Apple will allow customers who own Apple Watches to track workouts on screens inside the gyms without requiring an additional heart rate monitor. So, instead of going to the gym and strapping on a clunky heart rate device, you can just wear your Apple Watch while you work out. It’s also part of Apple’s broader push to expand into health and fitness, beginning with the Apple Watch. Apple has software tools for developers called GymKit that lets the Apple Watch sync with conne

Drew Angerer | Getty ImagesSkyrocketing prescription drug costs and health-care continue to dominate both Democratic and Republican agendas, increasing uncertainty in the industry heading into the 2020 elections. There are eleventh-hour efforts in both the House and Senate to try win passage of bills to combat escalating drug prices and surprise medical-billing before year end. The House is expected to vote as early as Thursday on a sweeping plan to curb prescription drug prices. “In the last se

“The best team size is three. Funds managed by three-person teams tend to outperform solo-run funds by 58 basis points a year, beating any other team size, according to Mauboussin. In the mutual fund universe, those listing a single manager are hard to come by these days. Seventy-five percent of all actively managed funds are team-managed, and only 25% are run by a single manager, according to a recent Morningstar study. In 1992, 67% of U.S. stock funds were run by a single manager, according to

Robinhood fractional trading RobinhoodRobinhood is getting in on the recent trend of companies letting traders buy a fraction of a share. SoFi and Stash are among the fintech start-ups that also offer do fractional trading. The rise of fractional tradingThe mutual fund industry has been handling fractional shares for years. SoFi launched a fractional feature in July said the demand to buy expensive stocks is now through the roof. That also means more market risk and exposure to volatility, which

Sen. Elizabeth Warren is doubling down on her critiques of rivals Mayor Pete Buttigieg and former Vice President Joe Biden as she seeks to regain momentum in the Democratic presidential primary after weeks of faltering in national and early state surveys. Warren held first place in Iowa polls for a period last month, but has since sunk to fourth place, behind Buttigieg, Biden and Sen. Bernie Sanders, I-Vt, according to an average of state surveys compiled by Real Clear Politics. Despite Buttigie

President Donald Trump said Thursday the U.S. has moved close to a trade agreement with China after several false starts and near misses. “Getting VERY close to a BIG DEAL with China. Trump in October announced a partial “phase one” agreement with China as the world’s two largest economies try to rein in the economic conflict. During months of trade talks with China, the president has previously touted progress before discussions crumbled. Trump wants a broad trade agreement with China to addres

Initial claims for state unemployment benefits surged 49,000 to a seasonally adjusted 252,000 for the week ended Dec. 7, the highest reading since September 2017, the Labor Department said on Thursday. Economists polled by Reuters had forecast claims would increase to 213,000 in the latest week. The Labor Department said only claims for the Virgin Islands were estimated last week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out w

Chinese consumers are cooling on the iPhone, according to a new report by Credit Suisse analysts. The analysts said Chinese iPhone sales declined 10.3% year-over-year in October, making this the second straight month of double-digit percentage drops. Since the launch of the iPhone 11 family, total shipments in China are down 7.4% compared to last year, the analysts said, adding that “we estimate China iPhone revenue fell by >17.5% y/y over the past three months (Sept-Nov).” Apple analysts were n

As more industries look to increase their technological innovation, it seems fitting that one of the fastest-growing job roles is in artificial intelligence. Other skills unique to this role include knowledge of machine-learning platform TensorFlow and of programming language, such as Python, the report noted. In France, it was the second fastest-growing role, while landing in fourth place in Italy. Previous positions for a data protection officer would include a compliance officer, data manager

Despite the long odds, thousands of Americans will buy tickets for a chance to win. Consumers each spend an average of about $86 a month on lottery tickets, including everything from scratch-off cards that come out of vending machines to entries for the Powerball and Mega Millions competitions. Spending several hundred dollars a year on lottery tickets can make a big dent in your budget. Yet Americans earning less than $30,000 admit to spending about 13% of their income on lottery tickets, Bankr

San Francisco living is notoriously pricey, but residents there have unmatched access to work for some of the best companies in the country, according to one new report. Glassdoor’s latest 100 Best Places to Work ranking found that 20 top-rated companies are headquartered in the Bay area, making it the city with the most number of top-rated employers, according to employees who work for them. The other U.S. cities that are home to the most top-rated employers in the country are New York City wit

The National Retail Federation estimates that consumers will spend an average $1,047 this holiday season. Most airlines have plans to decrease their carbon footprint, and, as you travel this holiday season, you can be a part of it, too. At eBay’s Charity Shop, you can bid on once-in-a-lifetime experiences and memorabilia to score a best friend’s holiday gift this year, and the proceeds go to charity. The toys cost up to $20 and are from the Toys for Tots holiday Charity List. TisBest Charity Gif

President Donald Trump won’t be satisfied with an acquittal in the Senate if the House impeachment were to go forward as expected, Steve Bannon told CNBC on Thursday. Trump “needs to be exonerated,” said the former White House chief strategist, who also formerly ran far-right media outlet Breitbart News. Bannon sees a Senate trial as a “foregone conclusion” in the president’s favor. White House press secretary Stephanie Grisham, speaking to The Washington Post, said she expects Trump to be exone

Southwest didn’t disclose the terms of the agreement, but the Dallas-based airline reiterated that it would share $125 million with its employees. The Boeing 737 Max has been grounded since mid-March after the the second of two fatal crashes in the span of five months. Southwest is the largest U.S. operator of 737 Max planes and had 34 in its fleet at the time of the grounding. U.S. carriers that operate the Max — Southwest, American and United — have taken the 737 Max out of their schedules unt

LANDOVER, MD – AUGUST 15: Former Washington Redskins running back Clinton Portis looks on from the sidelines prior to the NFL preseason game between the Cincinnati Bengals and Washington Redskins on August 15, 2019, at FedEx Field in Landover, MD. A group of 10 former NFL players, including Wasington Redskins star running back Clinton Portis, have been criminally charged in connection with a brazen $3.5 million scheme to submit false claims to a health-care program run by the football league. Ot

Harvey Weinstein along with his attorney Benjamin Brafman (L) appears at his arraignment in Manhattan Criminal Court on Friday, May 25, 2018. Harvey Weinstein and his former film studio’s board have reached a tentative $25 million settlement that would end nearly every sexual misconduct lawsuit brought against him and his company, The New York Times reported Wednesday. Weinstein would avoid paying any of his own money and he would not be required to admit any wrongdoing as part of the deal. The