Netflix’s subscriber growth, stock zapped as pandemic eases
SAN RAMON, Calif. — Netflix’s rapid subscriber growth is slowing far faster than anticipated as people who have been cooped at home during the pandemic…
AP Wire
Dogecoin has its day; cryptocurrency is latest ‘meme’ craze
NEW YORK — Dogecoin, the digital currency advertised as the one “favored by Shiba Inus worldwide,” is having its day. Fans of the cryptocurrency are…
Stocks open lower on Wall Street as earnings start to flow
Stocks were mostly lower in early trading today as investors started digesting company earnings reports that are steadily coming out this week. Ther S&P 500…
Boeing extends potential term for CEO before annual meeting
Boeing’s board of directors has raised the mandatory retirement age for CEO David Calhoun from 65 to 70, just days after he turned 64. Calhoun,…
CN makes $33.7 billion bid for Kansas City Southern
A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway. The bid…
Drug, device sales power Johnson & Johnson in first quarter
NEW BRUNSWICK, N.J. — Big jumps in sales of prescription drugs and medical devices helped Johnson & Johnson boost its first-quarter profit nearly 7%, blowing…
Manpower: Q1 Earnings Snapshot
MILWAUKEE — ManpowerGroup Inc. today reported first-quarter net income of $62 million. The company said it had net income of $1.11 per share. The results…
Restaurants, delivery apps still at odds as demand grows
Diners got used to delivery during the pandemic, and the habit may stick long after dining rooms reopen. But restaurants and delivery companies remain uneasy…
Stocks pull back from record highs in early U.S. trading
NEW YORK — Stocks were modestly lower in early trading today, as stocks eased after hitting more records last week. Most of investors’ attention will…
Foxconn, Wisconsin reach new deal on scaled back project
MADISON, Wis. — Foxconn Technology Group, the world’s largest electronics manufacturer, has reached a new deal with reduced tax breaks for its scaled back project…