Netflix co-founder Reed Hastings to exit company, saying it’s so strong it doesn’t need him anymore
The announcement came as Netflix reported first-quarter profits that shattered expectations, which it attributed in large part to faster-than-forecast subscriber growth, a recent price increase and the $2.8 billion breakup fee it received when its deal to acquire Warner Bros. Discovery collapsed.
Netflix posts massive earnings beat thanks to WBD breakup, announces Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.
RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Hims may have an chance to grow peptides business as a potential revenue driver, with FDA review in 2026 shaping the opportunity.
With the largest industrial IPO since 1999, this air-quality giant’s stock opened with a bang
Madison Air raises $2.2 billion in the largest IPO this year, and the largest from the industrial sector since 1999.
How the wealthy are planning to cut their 2026 tax bills
Lawyers and advisors to the wealthy share tax tactics from long-short equity strategies to front-loading charitable gifts.
‘We keep our finances separate’: My boyfriend is in his 50s with no retirement savings — how worried should I be?
“He built our home over the last three years. We are both on the title and carry no mortgage.”
PepsiCo earnings beat estimates as Doritos, Lay's price cuts win back shoppers
PepsiCo’s quarterly earnings and revenue topped Wall Street’s expectations.
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Allbirds’ AI pivot sends its stock soaring nearly 600%. We’ve seen this movie before.
It’s not unprecedented for struggling companies to latch on to the hot trend of the moment — remember the blockchain hype cycle?
For cruise lines, Iran conflict and oil prices threaten to dent profits
Even as the industry navigates choppy seas, cruise companies are looking for their next avenues for growth.
