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
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
Philip Morris International beats second-quarter earnings and revenue estimates and hikes its full-year forecast as its new tobacco products gain momentum.Health and Scienceread more
Billionaire hedge fund manager Ray Dalio just picked gold as a prime long-term opportunity. Here's why one market watcher says he could be wrong.Trading Nationread more
In his first public statement since Monday's news that his company would move operations overseas, Harley-Davidson (NYSE: HOG) CEO Matt Levatich slammed a fake quote about President Donald Trump that was circulating throughout Twitter Wednesday morning, saying he would never say such a thing about a president, or anyone else.
The fake quote, tweeted by user @tinsleman, attributed comments to Levatich which referred to Trump as a "moron" who knows nothing about economics or trade. Just after 11 a.m. central time Wednesday, Levatich broke his silence about Trump to denounce the tweet.
"It’s shameful we live in a time when people create fake quotes," Levatich said in a tweet. "There’s one attributed to me on Twitter. I have not, nor would I ever speak about the President of the United States or anyone else in that way."
The tweet, which was originally sent Tuesday afternoon and tagged Trump, CNN, conservative outlet The Daily Caller and the official GOP Twitter account, has 25,000 retweets as of 2 p.m. Wednesday. While Levatich and many Twitter users have debunked the quote as a hoax, it's still making its way around the social media platform, as user @Millennial_Dems, an account with nearly 80,000 followers, tweeted the quote as fact at 1:26 p.m. Wednesday.
Trump meanwhile continued his criticism of Harley-Davidson in yet another tweet about the company Wednesday. Trump has been criticizing the company in a series of tweets that followed a Monday morning Securities and Exchange Commission filing in which Harley-Davidson announced it would move some production of motorcycles sold in the European Union overseas to offset the effects of the EU's tariffs in retaliation for tariffs imposed by the Trump administration.
"Harley-Davidson should stay 100% in America, with the people that got you your success," Trump wrote. "I’ve done so much for you, and then this. Other companies are coming back where they belong! We won’t forget, and neither will your customers or your now very HAPPY competitors!"
Harley-Davidson has remained tight-lipped about the president's tweets. Trump is scheduled to stay overnight Wednesday at the Pfister Hotel in downtown Milwaukee and attend a morning breakfast fundraiser at the hotel before speaking at Foxconn Technology Group's headquarters in Mount Pleasant Thursday at around 1 p.m.