Netflix Password Crackdown Delivers Millions of New Customers 

The streaming giant said it would continue to diversify its slate and product features as it added 9.33 million subscribers in the first quarter.

Frontier Communications Parent Reports Cyber Breach 

A breach detected on Sunday was possibly the work of a cybercrime group, the company says, adding that it is in the process of restoring normal business operations.

Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market 

Industry Minister François-Philippe Champagne has criticized Canada's three biggest grocery companies-Loblaw, Metro and Empire-for failing to be transparent on the causes of food inflation.

FAA, United Investigate Cockpit Visitor During Baseball Team's Flight 

The regulator and airline are looking into how a person traveling with a professional baseball team was seen in the cockpit during a flight from Denver to Toronto.

Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation 

The electronics contract manufacturer said the conduct in question doesn't relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.

Nordstrom Family Weighs Taking Retailer Private 

The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.

Meta Unveils Chatbot to Challenge ChatGPT, Gemini, and Bing 

Instagram parent Meta launched a web site,, a new free-to-use stand-alone version of the company's Meta Ai chatbot to take on OpenAI, Google, and Microsoft.

Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho 

The new fab to be built near Syracuse, N.Y., could create 50,000 jobs, with production from it slated to start at the end of the decade.

Wall Street Steered Billions to Blacklisted Chinese Companies, House Probe Finds 

The investigation focused on BlackRock, the world's largest asset manager, and MSCI, a major compiler of stock indexes. Both firms say they violated no laws.

Blackstone Says Private Equity's Two-Year 'Hibernation' Could Be Ending 

Firm's first-quarter profit rises as dealmaking picks up after a roughly two-year slump.

(END) Dow Jones Newswires

04-18-24 2115ET