Disney overtakes Netflix on streaming subscribers and sets higher prices

Disney overtakes Netflix on streaming subscribers and sets higher prices

LOS ANGELES, Aug 10 (Reuters) – Walt Disney Co (DIS.N) has edged out Netflix Inc (NFLX.O) with a total of 221 million streaming customers and said it will raise prices for customers who want watch Disney+ or Hulu without ads. The media giant will increase the monthly cost of ad-free Disney+ by 38% to $10.99 … Read more

Musk sells Tesla shares worth $6.9 billion, cites possibility of forced deal on Twitter

Musk sells Tesla shares worth .9 billion, cites possibility of forced deal on Twitter

Tesla CEO Elon Musk attends the groundbreaking ceremony for the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds … Read more

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

A representation of the cryptocurrency is seen in front of the Coinbase logo in this illustration taken March 4, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a bigger-than-expected quarterly loss as investors worried about the rout of risky assets this year … Read more

Tata Motors to buy Ford India manufacturing plant for $91m

Tata Motors to buy Ford India manufacturing plant for m

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Join now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) on Sunday signed a deal to buy Ford Motor’s manufacturing plant in the western state of Gujarat … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more

Tesla sets August 25 as trading day for three-for-one split stock

Tesla sets August 25 as trading day for three-for-one split stock

The logo of car manufacturer Tesla is seen at a branch in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann Join now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday that trading in its three-for-one split shares would begin on August 25, after the electric vehicle maker’s … Read more

Canopy shares plunge as pot producer posts another loss

Canopy shares plunge as pot producer posts another loss

A sign displaying the Canopy Growth Corporation logo is pictured at its factory in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie/File Photo/File Photo Join now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Canopy Growth Corp (WEED.TO) posted another basis loss on Friday, which dented investors’ hopes that the cannabis … Read more

Beyond Meat cuts sales forecast as consumers avoid more expensive fake meat

Beyond Meat cuts sales forecast as consumers avoid more expensive fake meat

Products from Beyond Meat Inc, the maker of vegan burgers, are displayed for sale at a market in Encinitas, California, U.S., June 5, 2019. REUTERS//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Beyond Meat Inc (BYND.O) on Thursday lowered its full-year revenue forecast and announced job cuts as … Read more