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Category : Business (Archive for 2018-07-17) News by Google
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New York Times
Netflix stock slammed after earnings, as subscriber growth and revenue fall short
MarketWatch
Netflix Inc. posted weaker-than-expected second-quarter revenue and subscriber numbers Monday afternoon, sending its stock into a sharp dive during after-hours trading. Netflix NFLX, +1.18% shares fell about 14% in the extended session after the Los ...

Forbes
Travel Bargains On Amazon Prime Deal Day
Forbes
Happy July 16, better known as Amazon Prime Day! Amazon has actually created the 36-hour day. Prime Day extends from Monday, July 16 at 3PM EST until end of day Tuesday, July 17 (for those on the East Coast, 3 a.m. Wednesday) for your shopping ...

Wall Street Journal
Papa John's Founder Says Resignation Was a Mistake
Wall Street Journal
Papa John's International Inc.'s PZZA -4.00% founder said “it was a mistake” to step down as chairman and is questioning how the company's board investigated his use of a racial slur. John Schnatter resigned last week after publicly apologizing for ...

Reuters
GLOBAL MARKETS-Asia stocks sag after oil slides, dollar steady before Fed speech
Reuters
TOKYO, July 17 (Reuters) - Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar steadied ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony. Overnight on ...

Wall Street Journal
FCC Chairman Has 'Serious Concerns' With Sinclair-Tribune Deal
Wall Street Journal
WASHINGTON—A top federal communications regulator said Monday that he had “serious concerns” about Sinclair Broadcast Group Inc.'s $3.9 billion acquisition of Tribune Media Co. and took action to block the deal. Federal Communications Commission ...

Bloomberg
After $55 Billion Dead Heat, Airbus and Boeing Chase More Deals
Bloomberg
Boeing Co. and Airbus SE battled to a stalemate as the Farnborough air show kicked off Monday, tallying more than $55 billion in jetliner sales. The second day may well signal a winner, with a flurry of more deals expected at the biggest event of its ...

Forbes
Landmark Day For Jeff Bezos As His Net Worth Briefly Surpasses $151 Billion
Forbes
For a few hours on Monday, Jeff Bezos' fortune surpassed the $151 billion mark. That was a new (and brief!) record high not just for Bezos, but also for all of the billionaires Forbes has tracked over the past three and a half decades. At the end of ...

Wall Street Journal
Uber Faces Federal Investigation Over Alleged Gender Discrimination
Wall Street Journal
Uber Technologies Inc. is being investigated by the U.S. Equal Employment Opportunity Commission after a complaint about gender inequity, according to people familiar with the matter. The inquiry, one of a series of federal probes of the ride-hailing ...

Washington Post
Elon Musk's 'pedo' attack rattles Tesla investors: 'This thing is unraveling'
Washington Post
Four days after Tesla's fourth-largest shareholder urged “a time of quiet and peace,” chief executive Elon Musk lobbed one of his nastiest stink bombs yet: an accusation about an organizer of the Thailand cave rescue that investors say is a major ...

Bloomberg
Oil's Below $68 as Possible Stockpile Drop Counters Supply Boost
Bloomberg
Oil traded below $68 as investors weighed the prospect of shrinking U.S. inventories against more supply from Saudi Arabia and America's emergency hoard. Futures in New York declined 0.4 percent after a 4.2 percent plunge on Monday. Government data ...

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