Rafael Henrique | Lightrocket | Getty ImagesWhether it's streaming or traditional TV, sports keep audiences coming back to their screens — and Netflix is working on getting more into the game.Following some quarters of stagnation, Netflix is back to adding more subscribers, with the help of adding new business...
SportsCenter at ESPN Headquarters.The Washington Post | The Washington Post | Getty ImagesThe reorganization of Disney's business is giving investors a glimpse at ESPN's financials for the first time.The inside look – which shows ESPN's revenue has been decreasing in recent quarters – comes as the parent company looks...
Daniel Wiener has long been a fan, if a highly critical one, of Vanguard funds. That led the former personal finance writer for U.S. News & World Report to start a newsletter in 1991 that became the independent authority on the fund company’s investments, The Independent Adviser for Vanguard Investors....
A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA's Kennedy Space Center in Cape Canaveral, Florida, on October 13, 2023.Chandan Khanna | AFP | Getty ImagesWith the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged...
Paxlovid, Pfizer's anti-viral medication to treat the coronavirus disease (COVID-19), is displayed in this picture illustration taken October 7, 2022.Wolfgang Rattay | ReutersPfizer will price a five-day course of its Covid antiviral drug Paxlovid at $1,390 when the company starts to transition it to the commercial market later this...
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023.Joan Cros | Nurphoto | Getty ImagesNetflix is correcting the Great Netflix Correction.There once was a time, long ago in April 2022, when Netflix reported a loss of 200,000 subscribers. The company...
Morgan Stanley chairman and CEO James Gorman, who is stepping down from that lofty perch next year, said Wednesday morning in a conference call with analysts that a recession is not on the immediate horizon. Gorman’s call comes after months of speculation by a variety of market participants, including...
Just because ESG wasn’t mentioned in the SEC’s examination priorities doesn’t mean that ESG regulation is out of mind for the agency. The Securities and Exchange Commission didn’t mention reviewing the use of environmental, social and governance factors in investment recommendations and strategies as an emphasis of its investment advisor...
Check out the companies making headlines in after-hours trading. Netflix — Shares of the streaming giant soared 12% after beating Wall Street's expectations for profits in the third quarter. Netflix notched $3.73 per share on $8.54 billion in revenue while analysts polled by LSEG, formerly known as Refinitiv, forecast...
A Costco Wholesale warehouse sign is seen outside of a store in Silver Spring, Maryland, on August 5, 2023Mandel Ngan | Afp | Getty ImagesCostco's longtime CEO Craig Jelinek is stepping down from the company, after the warehouse club's spree of pandemic- and inflation-fueled growth.The company said Wednesday that Ron...