Netflix's world has been turned upside down as stock plunges 35%
CNN
Call Eleven and Sheriff Hopper of "Stranger Things," because Netflix's world has been turned upside down.
The company reported Tuesday that it lost subscribers for the first time in more than a decade. The news shocked Wall Street and sent shares plummeting 35% Wednesday morning, wiping out $50 billion in market cap. And this was after the company's stock had dropped more than 40% year to date.
Simply put, Netflix's terrible 2022 has now become disastrous.
Congressional Republicans have sent lawmakers home for the holidays without voting to address the Obamacare subsidies cliff that will hit millions of Americans on New Year’s Day — infuriating some of their own rank and file.
A jury found a Wisconsin judge – accused of helping an undocumented immigrant dodge federal authorities – guilty of obstruction Thursday, marking a victory for President Donald Trump as he continues his sweeping immigration crackdown across the country.
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The US military conducted strikes against two alleged drug-trafficking boats in the eastern Pacific Ocean on Thursday, killing 5 people, according to US Southern Command.
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The board of trustees of the John F. Kennedy Center for the Performing Arts voted Thursday to rename the facility after both the former president and President Donald Trump.
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Frustration is mounting inside the Justice Department as it races to redact thousands of pages of files related to Jeffrey Epstein before they must be released Friday, multiple sources familiar with the process told CNN.
The GOP-controlled House passed a bill that would block Medicaid funds from being used for gender identity care to minors.
The one-time bonuses President Donald Trump said Wednesday will be paid out to over a million US service members will be pulled from funds already approved by Congress to cover housing and other household costs for troops as part of a military stipend program.