While exercise can help with that anxiety many are feeling, gyms have been shuttered across the country ever since numerous stay-at-home orders were put in place. Chris Rondeau, the CEO of Planet Fitness, told Cheddar, "All our gyms are closed throughout the entire country... we closed ours down about mid-March."
Gym-rats may be seeing a light at the end of the tunnel, however. On Thursday, President Trump unveiled his phased plan to reopen America, which could allow some gyms to return to business with strict physical distancing and sanitizing protocols.
What might that look like in practice? Rondeau told Cheddar that it may mean unplugging every other piece of cardio equipment, to ensure more space between users and a reiteration of its existing cleaning policies and procedures.
For those not eager to rush back into gyms that could become crowded, Planet Fitness is partnering with iFIT to launch at-home streaming workouts, a decision made before the pandemic,
"We realized that the trend is going to [digital fitness]. I don't see it as a way that it replaces a gym membership, but it enhances their ability to work out when they can't go to the gym that day," said Rondeau.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
