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Category Archives: Uncategorized

Netflix stock surges as profit beats expectations, ad-tier subscriptions rise

Netflix reported earnings after the bell. Here are the results.

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Delta walks back some changes to airport lounge access, loyalty program after customer complaints

Delta’s CEO said the company went “too far” in its changes announced last month.

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Pfizer to price Covid drug Paxlovid at $1,390 per course

Paxlovid will transition to the private market in November, which comes as demand for Covid vaccines and treatments slumps nationwide.

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Netflix flips the streaming script again with a return to growth mode

After last year’s Great Netflix Correction, Netflix is back in growth mode, adding nearly 9 million subscribers in the second quarter.

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Sports programming still dominates TV, and Netflix is leaning more into it

Netflix will hold its first-ever live sports event, a golf competition featuring PGA Tour members and Formula 1 racers, in November.

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Automakers question UAW’s strike motives after leaked ‘chaos’ messages

UAW communications director Jonah Furman discussed targeted strikes as causing “recurring reputations damage and operational chaos” to the automakers.

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Amazon is bringing ads to Prime Video – the ad-free option will cost $2.99 a month extra

Amazon’s Prime Video is joining the list of streaming services that will have an ad-supported option.

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UAW targets 38 facilities at GM and Stellantis for expanded strikes; skips Ford

The union will not initiate additional strikes at Ford Motor, as the company has proven it’s “serious about reaching a deal,” Fain said during a […]

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McDonald’s to raise royalty fees for new franchised restaurants for first time in nearly 30 years

McDonald’s franchise royalty fees for U.S. restaurants will rise from 4% to 5% for operators opening new locations.

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Where key issues stand as UAW closes in on extended strikes against GM, Ford and Stellantis

The UAW and General Motors, Ford Motor and Stellantis are all holding their ground on demands, and it appears likely the union will strike additional […]

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