Is Netflix the new Blockbuster?
Netflix’ takeover of Blockbuster as the go-to video platform for consumers is one of the most popular case studies for…
2022
Nasdaq Slides After Bleak Netflix Results
By Bansari Mayur Kamdar and Amruta Khandekar (Reuters) -The tech-heavy Nasdaq fell on Wednesday as streaming giant Netflix slumped after…
Carrefour Upbeat On Turnaround After Brazil Bolsters Sales
PARIS (Reuters) – Carrefour said on Wednesday it was confident it would achieve the strategic goals set under its turnaround…
Fed’s Evans Repeats View He Sees Interest Rates At Neutral Rate By Year End
(Reuters) – The U.S. Federal Reserve should proceed sensibly in raising interest rates as it waits to see if special…
CSX to pay workers more in advance of expected rail raises
OMAHA, Neb. (AP) — CSX has agreed to start paying some of its employees more in advance of raises the…
Procter & Gamble Raises Sales Forecast As Demand Stays Price Resistant
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) -Procter & Gamble Co raised its full-year sales forecast on Wednesday as…
March home sales fall as mortgage rates, home prices climb
Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift…
Netflix Heads For Worst Day In Two Decades As Investors Hit ‘not For Me’
By Eva Mathews and Nivedita Balu (Reuters) -Netflix Inc shares lost over a third of their value on Wednesday after…
IMF’s Georgieva Says China Should Stimulate Consumption As Lockdowns Mount
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to…
Poland: Coal mine explosions kill 5, injure more than 20
WARSAW, Poland (AP) — Two methane explosions at a coal mine in southern Poland killed five people and injured more…