The Netflix logo is seen on the roof of an office building in Los Angeles, California, on April 16, 2026.Michael Yanow | Nurphoto | Getty ImagesNetflix reported second-quarter revenue and earnings that were roughly in line with analyst estimates on Thursday as Wall Street is keeping a close eye on...
Category: News
Delta expects higher airfare to last, bringing 2026 profit goal in reach, CEO says
Delta Air Lines' profit goal is in reach this year as the carrier passes along higher fuel costs to customers, pricing power CEO Ed Bastian expects to last even as oil prices drop from multiyear highs."I think it's sustainable," Bastian told CNBC in an interview. He said fares will likely...
Automakers report mixed U.S. sales results as hybrid vehicles drive market
A view of a Toyota RAV4 Hybrid on display before the game between the Washington Nationals and the Tampa Bay Rays against the at Nationals Park on April 03, 2023 in Washington, DC. (G Fiume | Getty ImagesDETROIT — Second-quarter U.S. vehicle sales are turning into a tale of haves...
Comcast’s NBCUniversal spinoff raises hope for more deals. There may not be good options
Comcast logo on the wall of a building at Universal Studios in Orlando, Florida, July 18, 2019.Roberto Machado Noa | Lightrocket | Getty ImagesAnalysts think Comcast is priming for deals. Comcast leadership says they're wrong.The company announced Monday it plans to separate its two primary businesses — cable broadband and...
Bob Iger reflects on 10 years of Shanghai Disneyland as it defies the Chinese pullback
Spend a day at Shanghai Disneyland and you wouldn't know Chinese consumers are struggling.Wang Jiandong and his girlfriend Yan Xu said they have been skipping meals out and scrimping on day-to-day necessities so they could afford to enjoy the park."We save in our daily lives so we can spend more...