Love It Or Hate It, Netflix Continues To Deliver – Seeking Alpha

Love It Or Hate It, Netflix Continues To Deliver – Seeking Alpha

I’ll admit: even though I am not a Netflix (NFLX) bull, the Los Gatos-based company continues to deliver on its promises. So far, the investment story has been all about user base and top-line growth. In that sense, Netflix reported yet another solid quarter on Monday, after the closing bell. Credit: El Confidencial The Street’s […]

Bombardier Inc. to partner with Airbus on C Series program – Washington Post

TORONTO — Canadian plane maker Bombardier announced Monday it has sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus for no cost. U.S. rival Boeing called it a questionable deal by two state-subsidized competitors. The move comes after lackluster sales and after the U.S. Commerce Department imposed harsh […]

Global policymakers grapple with half-baked recovery short of wage growth – Reuters

WASHINGTON (Reuters) – International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook. With central banks left with less firepower and some seeking to exit crisis-mode stimulus […]

Celebrities applaud the Academy’s expulsion of Harvey Weinstein – EW.com

Many figures within the Hollywood industry applauded The Academy of Motion Picture Arts and Sciences on Saturday when the 54-member Board of Governors voted to expel Harvey Weinstein from their ranks. “As a member of the Academy of Motion Picture Arts and Sciences I am proud of their decision to expel Harvey Weinstein,” Ron Perlman […]

Harvey Weinstein May Get Kicked Out of the Oscar Club – New York Times

Harvey Weinstein May Get Kicked Out of the Oscar Club – New York Times

“We support Amazon’s decision as in light of recent news and out of respect for all those affected we have decided together that it is best to not move forward with this show,” Mr. Russell said in a statement with two stars of the series, Robert De Niro and Julianne Moore. Mr. Weinstein, who was […]

Tesla Fires Hundreds of Workers After Their Annual Performance Review – Fortune

Electric automaker Tesla Motors fired hundreds of employees this week, including workers at its Fremont, Calif. factory and corporate managers, as it tries to solve production problems for its recently released Model 3. An estimated 400 to 700 people were dismissed this week, according to a San Jose Mercury News report published Friday afternoon. That’s […]

Samsung Elec CEO Kwon Oh-hyun to step down from management – Reuters

SEOUL (Reuters) – Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. The surprise resignation of Samsung’s chip and display head came as he […]