By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than…
Author: Active Trader Daily
Amazon defends Prime program in bid to defeat FTC lawsuit
By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S.…
Meta, TikTok given a week by EU to detail measures against disinformation
By Charlotte Van Campenhout and Bart H. Meijer BRUSSELS (Reuters) -Meta and TikTok have been given a week by the…
Netflix raises prices and adds subscribers, despite strikes
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix increased subscription prices for some streaming plans in the United…
Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory
By Hyunjoo Jin, Akash Sriram and Joseph White (Reuters) -Tesla CEO Elon Musk said on Wednesday that he was concerned…
US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK (Reuters) -Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest…
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook…
Republican Jim Jordan loses first US House speaker vote, plays for time
By David Morgan, Makini Brice and Moira Warburton WASHINGTON (Reuters) -Combative right-wing Republican Jim Jordan on Tuesday sought more time…
Bank of America’s unrealized losses on securities rose to $131.6 billion
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America reported unrealized losses of $131.6 billion on securities…
Biden cuts China off from more Nvidia chips, expands curbs to other countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) -The Biden administration plans to halt shipments to China of…