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.

 
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.

 
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.

 
Twitter Embraces NFTs With New Profile-Picture Feature

The platform will start letting subscribers to its Blue service use nonfungible tokens as their profile images, jumping into a digital-goods business that has exploded in the past year.

 
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

January 20, 2022 21:15 ET (02:15 GMT)

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