Latest Netflix Inc News

CBS, Viacom to reunite as media giants bulk up for streaming

Aug. 13, 2019 5:32 PM EDT

NEW YORK (AP) — The newly combined ViacomCBS will invest in more movies and TV shows and try to sell more advertising as it seeks to become a bigger player in the growing business of streaming video. Yet the bigger company still might not be big enough to be competitive, as larger rival Disney launches its...

How major US stock indexes fared Thursday

Jul. 18, 2019 4:46 PM EDT

Stocks shook off early losses and closed mostly higher on Wall Street Thursday as technology and bank stocks rallied. IBM rose after reporting solid results. The company, along with Apple, helped lift the technology sector. Banks led financial stocks higher. Major indexes were down most of the day after Netflix...

US stock indexes shake off an early loss and close higher

Jul. 18, 2019 4:32 PM EDT

NEW YORK (AP) — U.S. stocks reversed course from an early slump and closed higher Thursday to break a two-day losing streak after technology and bank stocks rallied. Corporate earnings are in full swing and investors have been cautiously assessing results and company statements. The volatile market is...

Markets Right Now: Stocks shake off early loss, end higher

Jul. 18, 2019 4:05 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks shook off early losses and closed mostly higher on Wall Street as technology and bank stocks rallied. IBM rose 4.5% Thursday after reporting solid results. The company, along with Apple, helped lift the...

Netflix's 2Q dud rattles investors as competition heats up

Jul. 17, 2019 8:51 PM EDT

SAN FRANCISCO (AP) — Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as the company boosts its prices and girds for even stiffer competition. The service picked up 2.7 million worldwide subscribers for the...

'Game of Thrones' reigns with record 32 Emmy nominations

Jul. 17, 2019 9:40 AM EDT

LOS ANGELES (AP) — HBO's "Game of Thrones" slashed its way to a record-setting 32 Emmy nominations Tuesday for its eighth and final season, leading HBO back to dominance over Netflix, the streaming service that bumped it last year from atop the increasingly crowded television heap. The bloodthirsty saga's...

AT&T pulls 'Friends' from Netflix for its streaming service

Jul. 9, 2019 7:30 PM EDT

NEW YORK (AP) — AT&T is pulling "Friends" from Netflix to beef up its own upcoming streaming service. With new services launching, popular shows are splintering onto several different platforms. The wireless company, which owns the WarnerMedia entertainment business, also said Tuesday that its service...

Etsy, Netflix rise; DaVita, Lennar fall

Jul. 9, 2019 4:39 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Acacia Communications Inc., up $16.85 to $64.91. The company agreed to be acquired by Cisco Systems for $70 a share in cash. Lennar Corp., down 90 cents to $47.37. Rising bond yields, which can force interest rates higher on...

Asian shares climb after US benchmarks hit record highs

Jul. 3, 2019 10:58 PM EDT

TOKYO (AP) — Shares opened higher in Asia on Thursday, tracking the ascent by major U.S. indexes to record highs. The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressure...

Already cautious businesses grow even more wary about hiring

Jul. 3, 2019 11:13 AM EDT

NEW YORK (AP) — Corri Smith is planning to hire a full-time project manager for her public relations firm and make her part-time assistant full-time. But she has a wary eye on the economy. "It's been a long time since we've had some trouble in the economy. It can't all be wonderful — something will...