Netflix Inc acknowledged pressure from Disney+ after the company reported its quarterly results. But executives largely brushed off the long-term global impact of rivals that also include Apple, Comcast Corp's NBCUniversal and AT&T Inc.
Third-generation Philadelphia oil refinery worker Lee Murray wore his late father's hard hat every day of the 25 years he spent there.
CNBC's Jim Cramer said Netflix's earnings call fostered optimism about a company he once called "an open sore on the market."
Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries outweighed concern over disruptions to Libya's crude output.
Veteran Morgan Stanley executive Rich Portogallo, who was key in building the bank's prime-brokerage business, is retiring, according to an internal memo seen by Reuters on Wednesday.
Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions oil refinery, which was the largest and oldest on the East Coast, according to court documents on Wednesday.
Chicago-based real estate developer Hilco Redevelopment Partners is expected to pay $240 million in its winning bid for the Philadelphia Energy Solutions refinery site, bankruptcy court documents showed on Wednesday.
Simon Roberts has been appointed to replace Mike Coupe as the boss of Britain's second-largest supermarket group Sainsbury's .
Tesla Inc has reached a settlement with Michigan to allow the electric carmaker to directly sell vehicles in the state, a person familiar with the agreement said on Tuesday.
Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.
Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.
Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.
U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.
Honda Motor Co said on Tuesday it will recall 2.7 million older U.S. vehicles in North America for potentially defective air bag inflators.
Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags not deploying in crashes.