Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Stocks in Asia were were mixed in Monday morning trade as investors watched for developments from U.S. President Donald Trump's state visit to Japan as well as results from...Asia Marketsread more
Sources say the talks, which have been happening over the last several weeks, have picked up speed in recent days and could lead to an announcement regarding a merger or...Autosread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Book income helped self-proclaimed socialist Bernie Sanders join the millionaire class, a group he has often criticized during his decades in politics.Politicsread more
Exit polls showed National Rally, a re-branding of Le Pen's National Front, beating Macron's party by just one seat.Europe Politicsread more
Stocks that are most prone to swine flu fears include Bloomin' Brands, Phibro, Darling Ingredients, Deere, and Hormel, according to analysts.Marketsread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
You should use your summer vacation to unwind from work stress. Here are some tips for disconnecting while you're away.Technologyread more
If you value reliability and quality over a posh cabin and jealous looks, the Lexus LX 570 two-row is the Japanese Range Rover you need.Autosread more
At a time where numerous media companies are trying to get into the streaming business and ramp up their original direct-to-consumer content, CBS' disclosure shows it has already been able to gain some traction. The company said it hit the landmark two years ahead of schedule. The subscriber number accounts for consumers of both CBS All Access and Showtime.
CBS said its next goal is to reach 25 million domestic subscribers from these streaming services by 2022. That's up from its previous goal of 16 million domestic subscribers in the same time frame.
Despite passing its subscriber goal early, CBS was down about 3 percent after hours after its results fell short of analyst expectations. The company reported earnings per share of $1.50 per share ex-items compared to $1.52 per share analysts were expecting. CBS reported revenue of $4.02 billion compared to $4.13 billion expected.
Networks have been making big plays to get into the streaming space to rival tech giants like Netflix and Amazon. Comcast's NBCUniversal announced in January it plans to roll out a free, ad-supported service in the first quarter of 2020. And Disney, which owns ABC, is planning to launch its own streaming service in late 2019. Even Apple is setting its sights on a streaming launch as early as April that will include original content for free on Apple devices, CNBC reported earlier this week.
Disclosure: NBCUniversal is the parent company of CNBC.