Netflix WWE deal doesn’t mean more sports investment
Dwayne ”The Rock” Johnson and John Cena in action during WrestleMania XXVIII at Sun Life Stadium on April 1, 2012 in Miami Gardens, Florida. Ron Elkman | sports Imagery | Getty Images Sport | Getty Images Netflix co-Chief Executive Officer Ted Sarandos wants to make one thing clear about the company’s deal to license WWE’s […]
‘There’s no such thing as a good layoff’: Why the firing process is problematic
At the same time, dismissed employees talk increasingly on social media about how companies could have handled things differently. “I still was given zero notice,” one woman said of her situation on TikTok. “They questioned my character,” another woman complained. Arguably, the most prominent example is Brittany C. Pietsch, who recently went viral on TikTok […]
Netflix (NFLX) earnings Q4 2023
The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters LOS ANGELES — Shares of Netflix jumped 7% after the closing bell Tuesday after the company reported adding 13.1 million subscribers during the fourth quarter. Here are the results: Earnings: $2.11 per […]
Airline stocks rise as United kicks off busy earnings week
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% on Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 […]
Investors should continue to steer clear of Chinese stocks, investors warn.
Valuations in the Chinese stock market are collapsing in the new year, heaping more pressure on shares of some of the most respectable companies trading in the world’s second-largest economy. These steep January declines followed multiple years of losses for the Hong Kong-based Hang Seng Index, along with other indexes that track the performance of […]
Rugged design, standard heated seats
The 2025 Chevrolet Equinox RS. Chevrolet DETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. Brad Franz, director of […]
Here’s what ‘vibecession’ endings usually mean for the stock market. This one is unusual anyway.
Kyla Scanlon, the Bloomberg columnist who coined the term vibecession to refer to the historically depressed consumer sentiment in the face of solid economic data, has declared that phenomenon is now over. That’s not quite right. Americans still aren’t responding to the economy in a way they historically have, at least before the pandemic. Using […]
China poses growing threat to U.S. auto industry
A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images DETROIT — Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. […]
Is Buffett’s market view found in Berkshire Hathaway’s $150 billion cash hoard?
“Some financial advisers are asserting that Buffett is finding it harder than ever to find undervalued companies to acquire.” Warren Buffett’s company may be sitting on a record amount of cash, but that doesn’t necessarily mean the famed investor thinks the stock market is overvalued. It’s important to point this out in order to counter […]
Gilead stock falls after lung cancer study results disappoint
Sopa Images | Lightrocket | Getty Images Shares of Gilead fell more than 10% on Monday after a key drug from the company did not significantly extend the lives of patients with a certain lung cancer in a late-stage trial. The results are a blow to Gilead, which is working to become a power player […]
