Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…
The Post Office had prosecution powers and, between 1999 and 2015, it prosecuted 700 sub-postmasters and sub-postmistresses – an average of one a week – based on information from a computer accounting system called Horizon. Another 283 cases were brought by other bodies including the Crown Prosecution Service.
An Atlanta restaurant has taken some hits for adding an unfamiliar fee to its customers’ bills. JenChan’s Pizza and Chinese in Cabbagetown, Georgia, received hate on social media after a customer called out the restaurant’s 4% fee for employees’ health insurance on the bill. The customer posted a photo of the bill on Reddit last month, which showed…
Updated Jan. 11, 2024 3:38 pm ET Hertz is selling about a third of its global electric-vehicle fleet, a major reversal for the rental-car company after it positioned itself as a champion of the technology with plans to vastly grow its fleet of plug-in models. Hertz said Thursday that it would sell about 20,000 EVs…
Prices rose by 3.4% as Americans paid more to dine out as well as on housing and car insurance.
The firm’s executive chair said HS2’s costs had risen so much over the past decade because of poor cost estimating, changes to the project’s scope, some poor delivery and the impact of inflation. He added that decisions to delay parts of the project for cashflow reasons, could end up meaning they cost more, and that…
Bankrupt regional sports network Diamond Sports got a few extra innings to work out a streaming deal with Amazon after a bankruptcy judge delayed the embattled company’s showdown with Major League Baseball. The nation’s largest RSN, which operates under the Bally’s name, owns the broadcast rights to half the NBA teams, a third of NHL…
JPMorgan’s chief executive Jamie Dimon declared that “San Francisco is in far worse shape than New York” as he blasted major US cities for failing to “do a good job” when it comes to safety and housing shortages. “I think every city, like every country, should be thinking about what is it that makes an…
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment. So far, households have continued to spend and borrow, despite higher borrowing costs,…
Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared…
