Netflix adds record 13.1M subscribers, stock soars past $500

Netflix adds record 13.1M subscribers, stock soars past $500

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…

Brooklyn Fare owner claims famed chef Cesar Ramirez looted $500K worth of goods

Brooklyn Fare owner claims famed chef Cesar Ramirez looted $500K worth of goods

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 LA Times slashed at least 115 newsroom jobs amid financial woes

The LA Times slashed at least 115 newsroom jobs amid financial woes

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…

TurboTax Can No Longer Advertise Products as Free, F.T.C. Says

TurboTax Can No Longer Advertise Products as Free, F.T.C. Says

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…

Amazon’s first labor union ‘pretty much broke’: report

Amazon’s first labor union ‘pretty much broke’: report

Amazon Labor Union, the first group of Amazon workers to organize in the US, is reportedly struggling to make ends meet and is far from establishing a labor contract with the e-commerce giant, according to a report. ALU’s vice president Michelle Nieves told The Wall Street Journal that the organization is “pretty much broke.” Chris…

‘Pharma Bro’ Martin Shkreli’s lifetime drug industry ban upheld

‘Pharma Bro’ Martin Shkreli’s lifetime drug industry ban upheld

Martin Shkreli, known for once hiking the price of a life-saving drug more than 4,000%, cannot return to the pharmaceutical industry after a federal appeals court on Tuesday upheld his lifetime ban. A three-judge panel of the 2nd US Circuit Court of Appeals in Manhattan said a lower court judge acted properly in imposing the…

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