Netflix Loses Nearly 1 Million Subscribers, Vows Rebound
The streaming giant suffered two consecutive quarters of subscriber losses for the first time in its history and said some key steps it is taking to boost revenue and subscriber growth wouldn't happen until next year.
Cathie Wood's ARK to Close Transparency ETF
The shutdown will mark the first fund closure since Cathie Wood launched her firm in 2014.
Juul Rival NJOY Hires Bankers for Possible Sale
The e-cigarette maker, which has permission from the FDA to sell its tobacco-flavored products, also is simultaneously exploring a new fundraising round, according to people familiar with the matter.
Simon & Schuster Publisher Dana Canedy Steps Down
The Pulitzer Prize-winning journalist and first Black woman to head the imprint is leaving after two years.
Big Tech Antitrust Bill Backers Push for Vote
Lawmakers released documents they said make the case for tougher regulation, but tech companies disputed the need for change.
CDC Recommends Novavax's Covid Vaccine for Adults 18 and Older
The two-dose, protein-based shot offers an alternative to gene technology from Moderna and the Pfizer-BioNTech partnership.
Amazon Is Under Investigation by Federal Authorities for Workplace Safety
OSHA is inspecting company warehouses in New York, Illinois and Florida, according to the Department of Labor
Omnicom Group Increases 2022 Organic Revenue Growth Forecast
John Wren, CEO of the advertising holding giant, lifted its forecast to 6.5%-7%, saying the firm continues to see strong demand for its services despite economic crosscurrents.
Facebook Shifts Resources From News to Focus on Creator Economy
A senior executive told employees that the company is reallocating resources from its Facebook News tab and newsletter platform Bulletin.
Apple to Pay $50 Million Settlement Over Butterfly Keyboard Lawsuit
The lawsuit alleged that issues with the butterfly keyboard could result in characters typed being repeated unexpectedly or keys not responding in a consistent manner, among others problems.
(END) Dow Jones Newswires
07-19-22 2115ET
