Netflix forecast misses Wall Street view, shares dip

Netflix Inc reported revenue and a first-quarter forecast slightly below Wall Street estimates on Thursday, sending shares of the world's largest streaming service down 4 percent in after-hours trading.


Posted 2019/01/17 23:42:27

Strap yourself in: Netflix is about to report

Shares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the bell


Posted 2019/01/17 23:42:27

U.S. grand jury indicts four Audi managers in VW emissions probe

A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG's luxury Audi unit as part of the U.S. government's investigation into the German automaker's diesel emissions cheating scandal, according to court documents.


Posted 2019/01/17 23:37:34

Trump cancels U.S. delegation to World Economic Forum in Davos: press secretary

President Donald Trump has canceled his delegation's trip to the World Economic Forum in Davos, Switzerland, next week, due to the partial U.S. government shutdown, according to a statement Press Secretary Sarah Sanders released on Thursday.


Posted 2019/01/17 23:28:34

Trump blocks Pelosi trip as tensions mount over government shutdown

President Donald Trump's conflict with Democrats over a partial U.S. government shutdown escalated on Thursday with Trump denying House Speaker Nancy Pelosi use of military aircraft for an overseas trip in apparent retaliation for her suggestion that he delay the annual State of the Union address.


Posted 2019/01/17 23:18:34

Netflix: Down after co misses fourth-quarter revenue estimates

** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this year


Posted 2019/01/17 22:34:40

Stocks rise on trade optimism, pound strengthens

Global stock indexes rose on Thursday as optimism over a resolution to the trade war between the United States and China lifted sentiment, while sterling strengthened amid hopes of a second referendum on Britain's membership in the European Union.


Posted 2019/01/17 22:05:22

Four Audi managers indicted in U.S. VW diesel emissions probe: court documents

A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG's luxury Audi unit as part of the U.S. government's investigation into the German automaker's diesel emissions cheating scandal, according to court documents.


Posted 2019/01/17 22:02:31

Wall Street advances as industrials jump on trade hopes

U.S. stocks advanced on Thursday as hopes of a resolution to the trade dispute between the United States and China boosted industrial shares and lifted investor sentiment.


Posted 2019/01/17 21:22:16

Trump pulls military plane from Pelosi overseas trip in shutdown fight

U.S. President Donald Trump on Thursday stopped House of Representatives Speaker Nancy Pelosi from using a military plane for an overseas trip, in a tit for tat after the Democratic leader's suggestion he postpone the State of the Union address during the partial government shutdown.


Posted 2019/01/17 21:10:07

Canceled Pelosi trip was to visit U.S. troops in Afghanistan: spokesman

U.S. House Speaker Nancy Pelosi had planned to visit U.S. troops in Afghanistan and receive security and intelligence briefings, her spokesman said after President Donald Trump pulled the military plane that was to take her there.


Posted 2019/01/17 20:52:32

Britain should delay Brexit to hold citizen assemblies, Gordon Brown says

Former British Prime Minister Gordon Brown said on Thursday the government should delay the formal process of leaving the European Union by a year to hold citizens' assemblies to break the political impasse over Brexit.


Posted 2019/01/17 19:07:05

Health, defense stocks help Wall St grind higher

U.S. stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in healthcare and industrial shares and as the financial sector shrugged off Morgan Stanley's disappointing earnings.


Posted 2019/01/17 18:11:24

Trump tariffs force tough choices at U.S. auto suppliers

Bob Roth makes no bones about his feelings towards U.S. manufacturing.


Posted 2019/01/17 17:32:16

Lampert wins Sears bankruptcy auction with $5.2 billion bid

Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved offer of $5.2 billion, Sears said on Thursday, allowing it to keep its more than 400 stores running.


Posted 2019/01/17 17:15:28

Trump lawyer Giuliani says does not know if campaign colluded with Russia

Donald Trump's lawyer Rudy Giuliani, who along with the president has repeatedly denied that any collusion occurred between Russia and other people in Trump's 2016 campaign, retreated from those earlier broad statements, saying he had no idea whether any aides colluded with Moscow during that time.


Posted 2019/01/17 17:14:33

John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89

John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said.


Posted 2019/01/17 16:48:05

Leslie Moonves challenges $120 million severance denial by CBS

Leslie Moonves, who resigned under pressure as CEO of CBS Corp, is challenging the company's decision to deprive him of $120 million in severance pay, according to a regulatory filing on Thursday.


Posted 2019/01/17 16:44:07

Stocks little changed amid China, trade worries; pound stabilizes

Concern over China's economic outlook and global trade left major world stock indexes little changed on Thursday, while an end to the latest chapter in Britain's exit from the European Union helped to stabilize sterling.


Posted 2019/01/17 16:35:50

EU open to more ambitious deal with Britain: Barnier

The European Union is open to the possibility of an agreement with Britain that goes beyond free trade, EU Brexit negotiator Michel Barnier said on Thursday.


Posted 2019/01/17 14:36:46