Shares of the video streaming giant are trading sharply lower after hours on Thursday amid signs that the company’s Covid-19-fueled growth is coming to an end. In the June quarter of Thursday, Netflix added 10.1 million new net subscribers, above the company’s forecast of 7.5 million, but fell short of …
Read More »Trump looks down on an economic time bomb
Launching more schools for Labor Day is perhaps the most critical. “You can’t have an open economy and closed schools,” said Strain. “State and local policymakers seem to want to have both at the same time and that is not an option. Workers cannot go to work in many cases …
Read More »United Airlines and Pilots Union Reach Creative Agreement to Limit Permits
The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking. United Airlines and its pilots union said Thursday they had reached an agreement on two different packages aimed at reducing involuntary permits in the fall and keeping pilots ready once demand affected by the coronavirus begins to …
Read More »Congress must act now on NSA espionage
At a time when US GDP is expected to drop to levels not seen since the Great Depression, the surveillance practices of the US government are taking another blow to big and small businesses alike. On Thursday, in a ruling with huge implications for US companies, the EU’s highest court …
Read More »Sudan says Ethiopia denies filling Renaissance dam reservoir
CAIRO (Reuters) – Ethiopia told Sudan that news reports that it had begun to fill the reservoir of Ethiopia’s Great Renaissance Dam on the Blue Nile were incorrect, Sudan’s foreign ministry said Thursday in a release. FILE PHOTO: A sample satellite image shows a close-up view of the Ethiopian Renaissance …
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