Peloton is redefining at-home fitness by streaming spin classes to riders at home, but riders still love to come try out its bikes in person. We spoke with CEO John Foley at Peloton’s first store about his startup’s unusual approach to retail. Forbes video news
Producer Keith Sharman added, “Beyond masterful storytelling & writing I’ll remember Morley as a gent who treated everyone here w kindness&respect.” More at CBS CBS2’s Tony Aiello reports. CBS New York video video
The owners of a popular Manhattan vegan restaurant have been arrested, on accusations that they ripped off their workers and investors – taking them for nearly $1 million… Sarma Melngailas had her day getting arraigned at Brooklyn Supreme Court, where she faced many of the former employees she is accused of failing to pay. More at
CBS2’s Ilana Gold reports. CBS New York video video
Lior Ron, Otto co-founder, discusses retro-fitting trucks to self-drive and the global interest in autonomous cars. He speaks with Bloomberg’s Emily Chang on “Bloomberg West.” David Kirkpatrick, Techonomy’s chief executive officer, also comments. Bloomberg video
Fed watchers say signs point to a possible interest rate hike in June; bankrupt Sports Authority to close all of its remaining stores; and the 14.62-carat “Oppenheimer Blue” diamond fetches over $57 million at auction. These stories and more from MoneyWatch. CBS MoneyWatch.