Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
In a private call with Morgan Stanley clients on Wednesday, research analyst Adam Jones, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or...Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
"Target's gutsy decision to make its stores the centerpiece of its fulfillment system has turned out to be a brilliant move," Jim Cramer says.Mad Money with Jim Cramerread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
The former NBC executive was appointed Monday to lead AT&T's Direct-to-Consumer business and chairman of WarnerMedia Entertainment, which includes HBO, TNT, TBS and truTV. He takes over for longtime HBO CEO Richard Plepler, who resigned Thursday.
In an interview with NBC News' Dylan Byers, Greenblatt blasted Netflix.
"Netflix doesn't have a brand. It's just a place you go to get anything — it's like Encyclopedia Britannica," Greenblatt said, according to Byers. "That's a great business model when you're trying to reach as many people on the planet as you can."
HBO has long positioned itself as the premium content option in an increasingly crowded streaming space. Netflix, Hulu and Amazon have all bolstered their on-demand video services with original programming in a challenge to HBO. And media giants like Disney and Comcast-owned NBCUniversal are about to launch their own services.
"It's getting to be a crowded field," Greenblatt told Byers. "We think there's room to carve out a very good consumer base for us."
Read more from Greenblatt on NBC News.
Disclosure: NBCUniversal is the parent company of NBC and CNBC.