Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November. The company and its peers have been increasingly leaning on advertising to boost the profitability of their streaming products. Netflix first introduced the ad-supported plan in…
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year…
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced…
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is…
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to…
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare…
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New…
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file…
As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores…