Netflix (NFLX) earnings Q2 2024
The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty Images Netflix reported second-quarter earnings Thursday that showcased the media giant’s position at the head of the streaming race as it added more global subscribers and saw strong growth in its advertising business. The […]
It’s hot — and getting hotter. Here’s what that means for the global economy.
Climate change is worse for worldwide output than previously thought, a new study says.
Penn lays off about 100 employees as it focuses on ESPN Bet growth
The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPN Bet. CEO Jay Snowden told staff members in an internal email that the changes will enhance […]
Ford to expand large truck production to Canada
2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville […]
People may be devouring $5 value meals, but at what cost to restaurants?
As more chain restaurants offer discounts and deals to woo inflation-weary customers, a prominent industry expert is warning that they may soon pay a price in terms of their bottom lines.
Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max […]
Novartis lifts guidance again as demand climbs for top drugs
Novartis has boosted its 2024 outlook for a second time this year, thanks to strong sales for some of its biggest drugs used to treat heart failure and other ailments.
International buyers are pulling back from the U.S. housing market
International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers — namely high prices and tight supply — but they’re also up against a strong U.S. dollar, which makes the properties even more expensive for them. As a result, international buyers are pulling out. They purchased 54,300 existing homes […]
Darden Restaurants to acquire Chuy’s for approximately $605 million
Igor Golovniov | Getty Images Darden Restaurants will acquire Chuy’s Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday. Darden agreed to acquire all outstanding shares of Chuy’s at $37.50 per share, according to a press release. The Tex-Mex restaurant chain joins Darden’s portfolio that includes restaurants such as Olive Garden, […]
J.D. Vance’s ‘Hillbilly Elegy’ is No. 1 on Amazon and surging on Netflix
The book by Donald Trump’s VP pick, a best-seller after its initial release in 2016 and the basis for a 2020 Netflix movie, is seeing new life
