Netflix cut its spending on content by more than $1 billion during the first quarter.
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Netflix blames technical bug for live ‘Love Is Blind’ reunion snafu
Netflix said a technical bug introduced to improve live broadcasting led to the company’s troubles airing the “Love Is Blind” reunion Sunday night.
Continue readingLululemon has approached Hydrow about a possible sale of Mirror
Lululemon acquired at-home fitness company Mirror for $500 million in 2020 but is now looking to sell the business.
Continue readingUnited Airlines posts net loss but forecasts profit for second quarter
United reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel […]
Continue readingFox to pay Dominion Voting Systems $787.5 million to settle election defamation lawsuit
The settlement between Fox Corp. and Dominion Voting Systems came as opening arguments in a Delaware court were delayed for hours amid speculation about talks.
Continue readingJohnson & Johnson expects no new Covid vaccine revenue, after shots drive earnings beat
J&J’s unpopular Covid vaccine appeared to bear its last fruit during the first quarter, contributing $747 million in sales.
Continue readingBoeing CEO stands by plans to increase 737 Max production despite recent flaw
Boeing disclosed a flaw with some of its 737 Max planes last week and said it was likely to delay deliveries.
Continue readingAnti-abortion group asks Supreme Court to keep mifepristone restrictions
Supreme Court Justice Samuel Alito on Friday temporarily blocked abortion pill restrictions until 11:59 p.m. Wednesday.
Continue readingSouthwest Airlines briefly pauses departures after reporting technical problems
More than 1,500 flights, or 36% of Southwest’s schedule, were delayed, according to flight-tracking site FlightAware.
Continue readingSupreme Court gives New Jersey, shipping industry and unions a win in New York ports case
The ruling by the Supreme Court in favor of New Jersey over New York is a victory for the container shipping industry and a dockworkers […]
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