The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
Tesla sales in China should hit around 6,400 vehicles this quarter, but the Shanghai factory won't be able to manufacture Model 3s in volume until mid-2020, according to JL...Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
Morgan Stanley reiterated its overweight rating on Netflix due to its strong growth potential next year, but the firm warned investors the video streaming company may miss its subscriber forecast for the third quarter.
Longtime Netflix members face a $2-per-month price hike this year after the "grandfathering" grace period from 2014's price increase ends.
"Netflix will see 'peak un-grandfathering' in 3Q, leading to risk [subscriber] net adds come in below guidance," analyst Benjamin Swinburne wrote in a note to clients Wednesday.
"However, this year's large reset lower in growth expectations, continued supply of content from the major TV studios and competitors closing shop leave us bullish long term."
Netflix is scheduled to announce third-quarter financial results on Monday.