Netflix ad-supported tier has 70 million monthly users

People wait in a line to enter “The Lab,” a “Stranger Things” Netflix series experience in Madrid on June 2, 2022. Beata Zawrzel/ | Nurphoto | Getty Images Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than 50% of its […]
Another Trump presidency could be a boon for the dollar — but some expect a bumpy ride

President-elect Donald Trump’s victory in the November U.S. presidential election has helped revive Wall Street’s faith in “king dollar.”
23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.
Live Nation just had its most active summer concert season ever. And Shakira, Coldplay are coming in 2025.

Live Nation Entertainment Inc. said late Monday it had its most active summer concert season ever, and its pipeline for 2025 is looking good as well, with big names such as Shakira and Coldplay on tap.
Chipotle tabs internal pick Scott Boatwright as CEO. What that means for investors.

Scott Boatwright is getting the permanent CEO nod. Chipotle’s stock is up 500% since he joined the company in 2017.
Mattel pulls ‘Wicked’ dolls after printing adult website on packaging

Still from the film “Wicked” Source: Universal Studios Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to […]
Tesla’s stock extends election surge, as Elon Musk is getting $68 billion richer

Tesla’s stock is headed for its best four-day stretch in more than four years, following Donald Trump’s election win.
GM’s Wall Street vindication is here as it outperforms peers in 2024

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall […]
‘The gardener talked’: My grandmother gave her next-door neighbor $6,000 to buy a car. How can I protect her?

“The neighbor is living it up and — lo and behold! — and there is no vehicle.”
More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong

As Wall Street’s attention turns to the final three months of the year, more companies are downbeat, even as analysts remain upbeat about profit growth.



