Netflix Shares Fall After Sales and Forecast Come Up Short
Netflix Inc. forecast third-quarter revenue that fell short of Wall Street estimates, suggesting a crackdown on password sharing
2023-07-20 05:16
Tesla's Q2 income jumps 20%, although shares stayed flat amid concerns about profits
Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results
2023-07-20 04:59
Biden's White House is taking on corporate mergers, landlord junk fees and food prices
The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose junk fees charged by landlords and launching a crackdown on price-gouging in the food industry
2023-07-20 04:19
Pot sales approved for events in New York after farmers complain there are too few dispensaries
Marijuana can legally be sold at festivals and other events in New York under a measure approved by state regulators
2023-07-20 04:17
United Airlines says it made $1 billion in the second quarter and sees strong remainder of 2023
United Airlines is reporting a profit of more than $1 billion for the first part of the peak summer travel season
2023-07-20 04:17
Hollywood's absolutely bizarre accounting tactics are under renewed scrutiny
"Forrest Gump" has never made a single penny for the studio that made it, despite selling over $300 million worth of tickets at the box office. "Return of the Jedi" was a similarly monumental financial flop. Same goes for at least one Harry Potter film. All of them wildly popular, yet wildly unprofitable. At least on paper.
2023-07-20 04:15
China Will Retaliate If the US Puts New Limits on Investment, Envoy Says
China’s government will retaliate if the Biden administration imposes new limits on technology and capital that can flow
2023-07-20 03:58
Mexico announces reparation plan at local Goodyear plant
MEXICO CITY (Reuters) -Mexico announced on Tuesday it reached an agreement with the United States on a reparation plan for
2023-07-20 03:57
Venture-Capital Firms to be Held Liable for DeFi Sanctions Violations Under New US Bill
A new bipartisan Senate bill would hold venture-capital firms and other large investors accountable in some cases for
2023-07-20 03:45
NY MTA Raises Subway Fares for First Time Since 2019 to Fix Budget Deficits
New York’s Metropolitan Transportation Authority voted to lift prices on its subways, buses and commuter rails for the
2023-07-20 03:29
MacKenzie Scott's $250 million open call for donations yields applications from 6,353 nonprofits
Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant
2023-07-20 03:20
NYC Comptroller Blasts BlackRock for Picking Aramco CEO for Board
New York City Comptroller Brad Lander slammed a decision by BlackRock Inc., its biggest external money manager, to
2023-07-20 03:16