Netflix shares jumped after the company said it lost fewer subscribers than anticipated during the second quarter. The streamer also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping Microsoft to be its partner on the ad-supported offering. “We’ll likely start in a handful … Read more
Tiger Woods of the U.S. reacts on the 18th during the second round of the 150th Open Championship – Old Course, St Andrews, Scotland, Britain, July 15, 2022. Paul Childs | Reuters After two difficult days at St. Andrews, Tiger Woods missed the British Open cut Friday, finishing nine shots over par. He was visibly … Read more
Move over, Elon — there’s another Musk hitting the headlines. Errol Musk, the family’s patriarch, is in the news after confirming he fathered a second secret love child with his stepdaughter, Jana Bezuidenhout, 35. The 76-year-old is most notable for being Elon’s estranged father, with the pair famously falling out several years ago. Elon, 51, … Read more
Text size Investor sentiment seemed downbeat as the new week started. Ed Jones/AFP via Getty Images The stock market dropped Monday, after news that China is imposing more Covid-related restrictions. That’s a near-term problem, but markets are more focused on inflation and earnings. The Dow Jones Industrial Average fell 164 points, or 0.5%. The S&P … Read more
Some good news for inflation-weary Americans: There will be no price hike on Costco’s hot dogs. In an interview Monday on CNBC’s “Squawk on the Street,” CEO Craig Jelinek had a one-word answer when asked whether he would raise the signature food court item’s price: “No.” Costco has continued to put up strong sales, even … Read more
TORONTO — A widespread network outage left many Canadians without mobile and internet service for most of Friday, disrupting police, business and court services as crowds flocked to work at coffee shops with Wi-Fi. Rogers Communications Inc. said it started restoring service late in the day and said its teams “are working hard to get … Read more
Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images WWE’s Vince McMahon paid more than $12 million to four women over the past 16 years to … Read more
Well, at least Boris Johnson’s tenure as UK prime minister lasted longer than Neville Chamberlain’s. So he’s got that going for him, we guess. Johnson resigned Thursday after an unending series of ethics scandals finally set his party against him. (And the latest one is particularly gross. We’ll just drop a link here.) Although Johnson’s … Read more
TOKYO — Kazuki Takahashi, the creator of the “Yu-Gi-Oh!” manga comic and trading card game, has died, apparently while snorkeling in southwestern Japan, the coast guard said Friday. The body of Takahashi, 60, was found Wednesday floating about 300 meters (330 yards) off the coast of Okinawa, by a person running a marine leisure business, … Read more
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