Netflix Should Just Admit That Growth Is Slowing
Subscriber growth continued to decelerate in the second quarter, and Netflix's third-quarter subscriber forecast is unimpressive, too.
Subscriber growth continued to decelerate in the second quarter, and Netflix's third-quarter subscriber forecast is unimpressive, too.
If the judge overseeing Donald Trump's hush money trial is to be taken at his word, America could be careening toward an unprecedented moment: A former U.S. president behind bars. Justice Juan Merchan on Monday threatened Trump with jail time for repeatedly violating a gag order in the criminal case underway in Manhattan, although Merchan said it is a step he is reluctant to take. Jailing Trump would almost certainly inflame his already loyal base of supporters and in their minds further Trump's narrative that he is being politically persecuted, an argument that helped him win the 2024 Republican nomination.
World markets have returned to levels of almost month ago as fears of an overheated U.S. economy abate even as corporate profit growth remains brisk. The April miss on new payrolls and the sight of annual wage growth ebbing below 4% have been enough to switch the narrative back to a Federal Reserve which is on hold for now, rather than one that may even consider further interest rate hikes. What's more, the Fed's latest loan officers survey shows renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year.
Attorneys for Sung Kook “Bill” Hwang are expected to argue that prosecutors are pushing a novel and nonsensical market manipulation theory when the criminal trial of the former Archegos Capital Management boss kicks off in New York this month. Archegos, a $36 billion family office which invested Hwang's personal wealth, collapsed spectacularly in March 2021 after its highly leveraged bets on a small number of stocks via complex derivatives quickly soured. Prosecutors allege Hwang and his deputies lied to banks about the magnitude of Archegos' derivative positions to borrow billions of dollars that they then used to inflate the underlying stocks through open market purchases.
When U.S. President Joe Biden arrives at the U.S. Capitol on Tuesday to honor 6 million Jews killed eight decades ago, his message will be as much about the present as the past. Biden will speak to the existential threats faced by Jewish people seven months to the day since the Palestinian militant group Hamas attacked Israel on Oct. 7, killing 1,200 by Israeli tallies, in what Biden has called the deadliest day for Jews since the Holocaust. His speech comes as Israel's retaliation has killed 35,000 people in Gaza, which is controlled by Hamas, according to Gaza health authorities, left many of the area's 2.3 million people on the brink of starvation and sparked protests in the U.S. demanding that universities and the Biden administration withdraw support for Israel.
Commercial and civil engineering helped drive growth for the wider construction industry.
NAMPA, Idaho (AP) — When Christina Zimmerman returned to teaching last year after maternity leave, she grappled with postpartum depression that she says could have led to quitting her job. But her school’s onsite day care made all the difference, as she knew her daughter was just a few classrooms away. “I can be mom and teacher in the same breath,” said Zimmerman, who teaches fourth grade at Endeavor Elementary in Nampa, Idaho. “I’ve dreamed of teaching since second grade. Truthfully, it’s all I
Paraguay is advancing talks with energy firms and high-ranking government officials from Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries, senior government officials for Paraguay and Brazil told Reuters. The plan being drawn up by Paraguay, reported in detail for the first time, aims to compete with a rival Bolivian bid to repurpose existing pipelines to transport Argentine gas to Brazil.
Livestream shopping where buyers and sellers transact in real-time video is growing in the United States while technology to police counterfeit goods has so far not kept up, a situation that makes it easier for fake goods to flood the market, patent lawyers said. Livestream shopping has been popularized by e-commerce sites like Alibaba.com and TikTok's sister company Douyin after dominating the retail scene in China. In the U.S., TikTok merchants hawk jewelry, pre-owned Louis Vuitton handbags and $2 lip glosses during hours-long video sessions.
An Indian state has accused yoga guru Baba Ramdev of criminal misconduct for promoting his traditional ayurvedic medicine as a cure for COVID-19 because it was only approved as an "immunity booster", a case filing reviewed by Reuters showed. Ramdev, whose yoga cures and ayurvedic products have made him popular in India, the United States and other countries, misled the public with claims his medicines could cure other diseases such as cardiac disorder and cancer, the filing showed. Ramdev violated Indian drug law "by misleading the general public", according to an April 16 filing which is not public and was submitted to a local court in the northern Haridwar city by a drugs regulator.
That the King has continued to write letters to friends throughout his cancer treatment isn’t surprising. Neither is some of the content of these letters, revealed over the weekend.
"I am NOT OK!!!!!!!" the Good American co-founder wrote on her Instagram Stories while sharing a pic of Kim's Met Gala look
"... this can quickly lead to bankruptcies"
Idaho will urge a federal appeals court on Tuesday to revive a 2023 law making it a crime to help a minor cross state lines for an abortion without her parent's consent, which a judge blocked in November. A three-judge panel of the 9th U.S. Circuit Court of Appeals in Seattle will hear the case challenging the law brought by Lourdes Matsumoto, a lawyer and advocate who works with victims of sexual violence, and the Northwest Abortion Access Fund and Indigenous Idaho Alliance which helps people in Idaho access abortion. U.S. Magistrate Judge Debora Grasham in Boise in a preliminary order found that the law signed by Republican Governor Brad Little just over a year ago violated the plaintiffs' rights to free speech and expression under the First Amendment of the U.S. Constitution.
RADCOM Ltd. ( NASDAQ:RDCM ) shareholders have seen the share price descend 10% over the month. But at least the stock...
The biggest collective owners of UK shares have warned the London Stock Exchange against weakening its listing rules and governance standards to help attract fresh business, a letter to its chair seen by Reuters showed. Britain's Local Authority Pension Fund Forum (LAPFF), which represents 350 billion pounds ($441.74 billion) of UK local authority pensions, said it was "very concerned" about the efforts of an industry task force led by London Stock Exchange plc CEO Julia Hoggett. That group, the Capital Markets Industry Taskforce (CMIT), opposed efforts to strengthen the UK's corporate governance code, with many of the reforms ultimately ditched in January as the government focuses on making the UK more competitive.
World markets have returned to levels of almost month ago as fears of an overheated U.S. economy abate even as corporate profit growth remains brisk. The April miss on new payrolls and the sight of annual wage growth ebbing below 4% have been enough to switch the narrative back to a Federal Reserve which is on hold for now, rather than one that may even consider further interest rate hikes. What's more, the Fed's latest loan officers survey shows renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year.
Meta’s Oversight Board is taking up a new set of cases that touch on the commentary surrounding the Israel-Hamas conflict.
Reddit's first quarterly conference call on Tuesday will feature questions from a familiar place: Reddit.
Vasiliy Lomachenko and George Kambosos Jr will fight for the vacant IBF lightweight title