U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Peloton has been sued for the first time since the reports on the safety hazard of its Tread+ treadmill started to mount up. Now, a woman from California was said to have filed a lawsuit and complained that the exercise equipment manufacturer’s warnings do not really convey potential safety hazards.
The details of the lawsuit
The woman who was identified as Shannon Albright of Rocklin filed a class-action lawsuit against Peloton and made the filing at the Northern District court in California. Based on the court documents that were obtained by Fox Business, she claimed that the company’s $4,295 Tread+ treadmill is dangerous for kids and pets.
She added that even the U.S. Consumer Product Safety Commission agreed and even advised equipment owners to stop using the said treadmill model. The warning from the consumer watchdog agency came after collecting 39 reports of injuries and one death of a child.
Albright said in the filing that although the treadmill is being advertised as family-friendly, the Tread+ is not really for families with children. She mentioned the latest incident where a child was pulled under the treadmill and was injured.
TMZ, which first reported about the lawsuit against Peloton, stated that the plaintiff went on to list the injuries that children suffered from the use of the equipment, which includes brain injury and broken bones. Such injuries were also noted by the CPSC. Albright is seeking $5 million in compensation for damages.
"Chillingly, the child featured in the picture is exactly the sort of victim that the Tread+ machine is uniquely capable of killing or maiming," Albright said while referring to Peloton’s treadmill ads.
Peloton’s stance on the safety complaints
The CPSC already issued a warning for the Americans to stop using the Tread+ treadmill as it poses serious risks to children. However, Peloton refused to accept the warning and, through a statement, explained to everyone that the equipment could be used safely. The company’s CEO John Foley also refused to issue a recall on the exercise equipment involved.
"There is no reason to stop using the Tread+, as long as all warnings and safety instructions are followed,” the company said. “Children under 16 should never use the Tread+, and Members should keep children, pets, and objects away from the Tread+ at all times."
