Netflix ends password sharing in 'big market' India
Only users from a single household will be able to use an account, the streaming giant has said.
2023-07-20 13:49
Cooling UK inflation may signal time for rethink for sterling bulls
By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Evidence that Britain's red-hot inflation is finally cooling has knocked the wind
2023-07-20 13:24
The 5 biggest takeaways from Netflix's blockbuster earnings report
Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:
2023-07-20 09:50
Netflix adds nearly 6 million paid subscribers amid password sharing crackdown
Netflix's crackdown on password sharing appears to be paying off.
2023-07-20 07:28
Tesla profits climb despite price cuts
Tesla reported a much bigger than expected increase in profits, despite a series of price cuts that trimmed the amount of revenue per vehicle sold.
2023-07-20 04:25
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 04:21
Investors cheer Wall Street's green shoots as bank executives stay cautious
By Tatiana Bautzer, Sinéad Carew and Saeed Azhar NEW YORK U.S. banking giants reported lackluster results for investment
2023-07-20 02:59
Fast grocery firms doomed by French dark store ban
Hampered by hostile new regulations, firms that promised instant grocery deliveries are leaving France.
2023-07-20 00:25
Strong US apartment construction suggests slide in rental costs
By Safiyah Riddle A surge in U.S. rental home construction could soften rent prices in the months ahead,
2023-07-19 22:18
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:18
US single-family housing starts fall in June; permits increase
WASHINGTON U.S. single-family homebuilding fell in June after surging in the prior month, but permits for future construction
2023-07-19 20:53
Bank CEOs are already complaining about new regulations they haven't even seen yet
Earnings season is officially underway, which means the CEOs of America's largest banks get to update the public about the health of their firms and their economic outlooks.
2023-07-19 20:19