Author: Press Room
Netflix announced it planned to start rolling out paid account sharing later this quarter. It’s trying to stop users from sharing passwords for free with people outside their households. The company has already cracked down on password sharing in Canada and some European and Latin American countries. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app You may have less than 2 months left to share your Netflix password with people outside your home before the company starts charging for the privilege.After a delay, the…
Ukraine will plead for urgent shipments of surface-to-air missiles at a meeting of its western allies this week, fearful that an acute shortage could allow Russia to launch widespread bombing attacks.Kyiv will press allies to bolster their dwindling stocks at the so-called Ramstein military co-ordination group on Friday, according to three officials briefed on the preparations. Without adequate air defences, western capitals fear a long-planned counter-offensive against occupying Russian troops could falter.Recent shipments of Soviet-designed MiG fighter jets to Ukraine are in part intended to mitigate the threat of Russia’s large, yet so far underused, air power. But Kyiv is…
The House is expected to vote Wednesday on a GOP-led resolution to block a DC policing bill aimed at accountability and reform. The vote takes place not long after a similar measure sparked tensions and division among Democrats. In March, President Joe Biden said he would not veto a different resolution to rescind a DC crime law – a move that sparked outcry from congressional Democrats who argued the White House had not made its position clear before the House voted. The resolution went on to pass the Senate and Biden signed it into law. This time around, the White…
Gold futures on Tuesday scored their first gain in three sessions after back-to-back losses saw prices briefly dip below $2,000 an ounce a day earlier, for the first time in a week. Price action Gold for June delivery GC00, -0.79% GCM23, -0.79% climbed by $12.70, or 0.6%, to settle at $2,019.70 an ounce on Comex. May silver SI00, +0.40% SIK23, +0.40% settled at $25.26 an ounce, up 18 cents, or 0.7%. June palladium PAM23, -1.82% rose $82.40, or 5.3%, to $1,642.90 an ounce, while July platinum PLN23, -0.14% added $37.70, or 3.6%, at $1,097.30 an ounce. May copper HGK23, -0.89%…
Meta Platforms Inc. founder and Chief Executive Officer Mark Zuckerberg didn’t get a pay raise or receive a bonus last year, but his total compensation rose above $27 million all because of the increased use of private aircraft. In Facebook-parent Meta’s 2022 proxy statement, the social-media and metaverse company said Zuckerberg‘s base salary remained at $1, the same as in 2021 and 2020. And once again, he didn’t receive a bonus or any stock awards. Meta’s stock META, -1.09% tumbled 64.2% in 2022, while the S&P 500 index SPX, -0.45% fell 19.4%. In 2021, Meta’s stock rose 23.1% while the…
Approximately five years ago, my 90-year-old stepmother’s cable guy introduced her to his sister because they were both widows, and he said Mom could help his sister out with her wisdom and experience. The sister is 40 years younger than my stepmother and has a history of opioid misuse and gambling. She moved into my stepmother’s home and convinced her to change her will, leaving everything to her, and convinced my stepmother that she is the only one who loves her. My stepmother was all in. Her memory, cognition, hearing and health are failing, and she won’t leave her aging…
Equity and bond markets have calmed since last month’s regional bank failures sparked contagion fears, but political brinkmanship over the U.S. debt ceiling risks reigniting volatility, warns CreditSights.“There has been no discernible progress made on a deal, which is likely to result in debt ceiling negotiations coming down to the wire once again,” CreditSights analysts led by global head of strategy Winnie Cisar said in a note Monday. For now, “across asset classes, volatility has subsided since peaking in mid-March after the collapse of SVB on March 10th and a hotter-than-expected February CPI print on March 14th left the Fed…
© Reuters. Organizer plans show Tesla (TSLA) skipping Shanghai autoshow By Michael Elkins The Shanghai autoshow, China’s largest annual autoshow, begins next week. However, one of the biggest automakers in China will not be there. According to plans published by the event’s organizers, electric vehicle giant Tesla (NASDAQ:) will not be occupying a booth this year. China is set to host Auto Shanghai from April 18-27. It is Asia’s largest auto show where brands from BYD (OTC:) to Volkswagen (ETR:) are expected to show off their latest models and technologies. Tesla, which has a large electric vehicle factory in Shanghai,…
By Barani Krishnan Investing.com — U.S. crude stockpiles fell back last week after an unexpected rise the previous week, petroleum trade group API said in a report Tuesday that indicated a pick up in energy demand, ostensibly from more driving amid benign spring weather. The fell by 2.675 million barrels during the week ended April 14, according to the American Petroleum Institute, or API, after a surprise build of 0.377M barrels in the prior week to April 7. Aside from that balance, the API also noted a 0.6M barrel build at the Cushing, Oklahoma delivery point for U.S. crude. The…
By Dhara Ranasinghe, Samuel Indyk and Alun John LONDON (Reuters) – European equity markets are basking in a glow that even greater uncertainty unleashed by turmoil in the banking sector appears not to be able to dim. Having started the year on a strong footing as the energy crisis abated and China’s economy reopened from COVID-related lockdowns, European shares, like others, took a step back after the collapse of two U.S. lenders and a forced rescue of Credit Suisse. Two weeks of relative calm are encouraging investors to pick up the “Buy Europe” baton once more, motivated by cheap valuations,…
