As shares plunge, Netflix takes aim at password sharing, ads
SAN FRANCISCO — An unexpected drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold…
AP Wire
Stocks open higher, but tech weakness holds gains in check
NEW YORK — Stocks are opening mostly higher on Wall Street today as more earnings reports from big companies roll in. Technology companies continued to…
Citing Russia’s war, IMF cuts global growth forecast to 3.6%
WASHINGTON — The International Monetary Fund today downgraded the outlook for the world economy this year and next, blaming Russia’s war in Ukraine for disrupting…
Latest apps promise fast service but can they deliver?
NEW YORK — When Mahlet Berhanemeskel gets back to her New York City home from her 90-minute commute, she doesn’t feel like cooking. So instead…
J&J suspends COVID-19 vaccine sales forecast
Johnson & Johnson is suspending sales forecasts for its COVID-19 vaccine only a few months after saying the shot could bring in as much as…
Moderna announces step toward updating COVID shots for fall
Moderna hopes to offer updated COVID-19 boosters in the fall that combine its original vaccine with protection against the omicron variant. On Tuesday, it reported…
Russia pours in more troops and presses attack in the east
KYIV, Ukraine (AP) — Russia assaulted cities and towns along a boomerang-shaped front hundreds of miles long and poured more troops into Ukraine on Tuesday…
Hasbro: Q1 earnings snapshot
PAWTUCKET, R.I. — Hasbro Inc. today reported first-quarter earnings of $61.2 million. On a per-share basis, the company said it had profit of 44 cents….
Global finance meeting focuses on war-driven food insecurity
WASHINGTON — Global finance leaders are putting the growing crisis over food insecurity and skyrocketing food prices at center stage as members of the International…
Florida judge voids US mask mandate for planes, other travel
ST. PETERSBURG, Fla. (AP) — A federal judge in Florida struck down a national mask mandate on airplanes and mass transit Monday, and airlines and…