Netflix blames its content slate, regional price increases and a "pull-forward effect" of its strong Q1 growth for the miss.Technologyread more
Netflix lost paid U.S. subscribers for the first time in eight years and fell below analyst estimates for international subscriber growth.Tech Driversread more
Despite a disappointing earnings report, Wall Street analysts are sticking by the stock and looking ahead to the third quarter.Marketsread more
Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.Marketsread more
Southwest joints United and American in taking the Boeing 737 Max out of its schedules through early November with no end in sight to the federally mandated grounding of the...Airlinesread more
The filing came a day after the judge in Michael Cohen's criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of...Politicsread more
Revenue of $10.24 billion exceeded the consensus estimate by almost $250 million.Financeread more
The strengthening of the president's formidable campaign war chest has led his organization, along with the Republican National Committee, to raise over $100 million in the...2020 Electionsread more
The three-judge panel in the U.S. Court of Appeals for the Second Circut also upheld the more than $7.7 million in fines and restitution that a judge imposed on Shkreli last...Biotech and Pharmaceuticalsread more
Raymond James upgraded Apple and said its most recent checks show Apple is preparing to bring a 5G iPhone to a wider range of models than previously thought.Marketsread more
Toys R Us is opening two permanent stores in November — at Simon Property Group's Galleria mall in Houston and at Unibail-Rodamco-Westfield's Garden State Plaza mall in...Retailread more
Starbucks head Howard Schultz told employees on Sunday they will no longer be encouraged to write "Race Together" on drinks cups, but the company's effort to promote discussion of racial issues "is far from over."
The world's biggest coffee chain kicked off a U.S. race relations campaign last week when it published full-page ads in major U.S. newspapers with the words "Shall We Overcome?" at center page and "RaceTogether" and the Starbucks logo near the bottom.
Employees behind the counter were also given the option of writing "Race Together" on customers' cups.
Read MoreOkay Starbucks, let's have the talk
The campaign was met with skepticism on social media, with many complaining the company was overstepping it boundaries with a campaign on sensitive cultural topics that had no place in the coffee shop's lines.
Starbucks said the phase of the campaign that involved messages on drink cups was always scheduled to end Sunday.
"I know this hasn't been easy for any of you - let me assure you that we didn't expect universal praise," Chief Executive Schultz wrote in a letter to staff and released by the company on Sunday. "We leaned in because we believed that starting this dialogue is what matters most."
Schultz said Starbucks plans more "Race Together" activities, including efforts to expand into urban neighborhoods, hire 10,000 "opportunity youth" over the next three years, and produce advertising on the campaign with Gannett Co.'s USA Today.