Business

Netflix hasn’t confirmed its plans to stop password sharing just yet

Based on info Netflix’s support pages, a report published by The Streamable appeared to confirm details about how it will roll out anti-password sharing features in the US and elsewhere. However, Netflix hasn’t announced the details of its plan yet or what it may look like when it rolls out more widely this year. Netflix …

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FDA approves GSK’s anemia drug with safety warning — after batting back similar drugs – Endpoints News

Last year offered a disappointing stretch for biotech, with fewer deals than expected and lots more headwinds. Endpoints News Editor-in-Chief John Carroll sat down with some of the industry’s top dealmakers to explore what happened, and what’s ahead in 2023. This transcript has been edited for brevity and clarity. John Carroll: I’d say this is …

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80% of workers who quit in ‘great resignation’ regret it: new survey

The “Great Regret” is the latest workplace trend to sweep the nation, with the majority of professionals who quit their jobs last year wishing they could get a do-over, according to a new survey. 2022 was another record year for quitting — 4.1 million workers left their jobs in December, bringing the grand total for …

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Massive green energy company reports nearly $1 billion in losses, calls for ‘further governmental action’

Global green energy company Siemens Gamesa reported Thursday that it had lost a staggering $967 million during the three-month period from between October to December. The Germany-based company, which dubs itself as “the global leader in offshore power generation,” noted the wind industry has faced various unfavorable pressures leading to negative growth in recent months …

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Stocks and bonds soar as investors bet that rates are close to peak

European government bond markets surged the most in years while stocks also rallied, as investors bet that interest rates on both sides of the Atlantic would soon peak. The European Central Bank and the Bank of England both raised rates by half a percentage point on Thursday, with the BoE expressing optimism inflation would fall …

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U.S. weekly jobless claims drop to nine-month low; productivity gains speed

Weekly jobless claims drop 3,000 to 183,000 Continuing claims decrease 11,000 to 1.655 million Productivity accelerates at 3.0% rate in fourth quarter Unit labor costs grow at 1.1% pace WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a nine-month low last week as the labor market …

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