Netflix Shares Sink as Company Sees Subscriber Growth Slowing
Netflix said it expects to add a much smaller number of subscribers this quarter than it did a year ago as it adjusts to growing competition and lasting disruptions from the coronavirus pandemic, sending the video streamer's shares down sharply.
Rio Tinto Reviewing Serbia's Move to Revoke Lithium Project Licenses
Rio Tinto said it was reviewing the legal basis and implications of a decision by Serbia's government to revoke licenses for the mining company's lithium project.
TikTok Is Testing a Paid Subscription Model
The buzzy video-sharing app said it is testing a subscription service, a concept that could allow creators to charge people to view their content.
Bonuses Are Up on Wall Street, but Not the Mood
Pay rose twice as fast as revenue at Wall Street's biggest banks for a year that generated widespread burnout among staff.
Jamie Dimon Gets $3 Million Raise to $34.5 Million for 2021
The nation's biggest bank reported $48.3 billion in net income last year, a third more than the old record.
Whitehaven Cuts Fiscal-Year Coal Output Estimate Amid Heavy Rain, Pandemic
Whitehaven Coal said it will likely produce less coal than expected this fiscal year because of disruptions from heavy rainfall and the Covid-19 pandemic.
Discount Tire's Tech Revamp Positions It for Shift to EVs, CIO Says
New IT system will provide greater visibility about the regions where demand for electric-vehicle tires is highest, says CIO Gary Desai
Union Pacific Says Covid-19 Left Railroad Understaffed
CEO Lance Fritz says the company underestimated the loss of manpower as the Omicron variant spread.
Merrick Garland to Meet With Boeing Crash Victims' Families
The attorney general plans to speak with relatives of those killed in two 737 MAX crashes who say prosecutors should have conferred with them before striking a $2.5 billion settlement with the plane maker.
Senate Panel Approves Antitrust Bill Restricting Big Tech Platforms
Apple, Amazon and Google say the bipartisan legislation barring tech platforms from favoring their own products could disrupt popular services for businesses and consumers.
(END) Dow Jones Newswires
01-20-22 1915ET
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