BANGKOK — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo declined. U.S. futures and oil prices edged higher. Chinese shares resumed their upward climb after the vice chairman of the China Securities Regulatory Commission, Wang Jiangjun, called for better protections for investors and…
HBO is renting out one of its most valuable series to Netflix. Every season of “Sex and the City,” the HBO comedy that aired from 1998 to 2004, will begin streaming on Netflix for the first time in early April, according to three people familiar with the deal. HBO had a longstanding policy of not…
A Boeing 757 plane operated by Delta Air Lines lost a nose wheel as it prepared to take off from Atlanta’s main airport on Saturday, according to the Federal Aviation Administration. It was the latest troubling episode involving one of the manufacturer’s aircraft. Delta Air Lines Flight 982 was preparing to take off from Hartsfield-Jackson…
A $3 billion bet on Walt Disney by Nelson Peltz’s Trian Fund Management was largely responsible for the investment management firm’s underperformance last year compared to its activist hedge fund peers, according to financial details provided to Reuters by a Trian investor. The previously unreported details illustrate the high financial stakes for Trian as it seeks…
On Tuesday, in a ceremony that, of course, involved a soccer ball, the Argentine soccer superstar Lionel Messi pressed a button and a bottle of champagne smashed against the bow of Icon of the Seas, christening the world’s largest cruise ship at its home port of Miami. Like an A-list celebrity stepping onto the red…
The top executive at United Airlines threatened to shun Boeing after the carrier’s fleet of Max 9 aircraft was grounded in the wake of the near-disastrous Alaska Airlines door blowout. “I think the Max 9 grounding is probably the straw that broke the camel’s back for us,” United CEO Scott Kirby told CNBC’s “Squawk Box”…
Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama “The Crown” and David Fincher’s original film, “The Killer.” The company reported it added 13.1 million subscribers in the December quarter, its largest fourth-quarter subscriber growth…
Un-Fare! The owner of Chef’s Table at Brooklyn Fare filed a lawsuit Tuesday against the restaurant’s superstar original chef, Cesar Ramirez, and his wife, Adriana Rodriguez, alleging they looted the place of a half-million dollars’ worth of fancy wine, cooking equipment, and even pots and pans, The Post has learned. The lawsuit is the latest…
The Los Angeles Times said Tuesday it was cutting at least 115 jobs — or more than 20% of its 500-person newsroom — marking one of the largest workforce reductions in the newspaper’s 142-year-old history. The layoffs come at a volatile time for the publication, which is not only projecting another year of heavy losses but…
Federal regulators have ruled that Intuit, the maker of the tax-filing software TurboTax, must stop marketing its services as free, unless they are free to everyone or exceptions are clearly disclosed. TurboTax had for years claimed customers could file their taxes online for free. The Federal Trade Commission said in an opinion and final order…
End of content
End of content