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January 15, 2019 7:10 PM Netflix raises prices for U.S. subscribers

(Reuters) - Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will rise to $12.99 per month 2966

January 15, 2019 8:48 AM 5 People Were Killed in Zimbabwe Fuel Hike Protests, Activists Say

(HARARE, Zimbabwe) — A human rights group in Zimbabwe says five people were killed in clashes between demonstrators protesting fuel hikes and security forces who opened fire on some crowds. The Zimbabwe Association of Doctors for Human Rights on Tuesday reported the death toll as many businesses in the capital, Harare, and other cities were closed following 200

December 29, 2018 4:46 PM President Trump Says 'Big Progress' Made in China Trade War Talks

(WASHINGTON) — President Donald Trump says “big progress” is being made in talks between the U.S. and China to head off further escalation in a yearlong trade war. Trump says Saturday that he had a “long and very good call” with Chinese President Xi Jinping to discuss the talks, which stemmed from their sit-down early this month in Argentina. Trump tweets 95

December 6, 2018 1:31 PM Don't mess with the mob: Lesson for French kings, presidents

FILE - In this Dec. 2, 20118 file photo, a man rides his bicycle past by a graffiti on the Paris Garnier Opera house in Paris that reads: "Macron is equal to Louis 16", referring to the King of France during the French Revolution in 1789. There are parallels for unpopular French President Emmanuel Macron in the demise of King Louis XVI more than two centuries 84

October 30, 2018 6:38 AM Sony hikes annual profit outlook to record after robust second-quarter profits

TOKYO (Reuters) - Sony Corp lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered by popular game titles as well as growing demand for its online gaming services. Sony raised its annual profit forecast to 870 billion yen ($7.7 billion) from an earlier estimate of 670 billion yen. That compares 135

October 17, 2018 8:20 PM Chicago mayor skips over pension funding fix in final budget speech

CHICAGO (Reuters) - Chicago Mayor Rahm Emanuel unveiled the final budget of his tenure on Wednesday, but put off addressing a pension funding challenge that will hit during his eventual successor’s term in office. Emanuel, who announced last month he was not running for a third term, laid out a $10.67 billion all-funds spending plan, which includes a $3.82 billion 127

October 5, 2018 1:37 PM Wall Street opens flat after September jobs data

(Reuters) - U.S. stocks opened flat on Friday after September jobs data showed further tightening in the U.S. labor market and moderate inflation pressures, doing little to deter predictions of gradual rate hikes by the Federal Reserve. The Dow Jones Industrial Average .DJI rose 5.29 points, or 0.02 percent, at the open to 26,632.77. The S&P 500 .SPX opened 86

September 28, 2018 8:01 AM Italy's budget proposal hikes deficit, defies EU and sends shiver through markets

ROME (Reuters) - Italy’s new government proposed a 2019 budget that would set a deficit target three times as big as the previous administration’s goal, setting up a clash with the European Commission and sparking a sell-off of state bonds. Italy has the heaviest debt burden among big EU economies, at about 130 percent of gross domestic product. It is under 62

September 21, 2018 2:08 AM Walmart warns Trump tariffs may force price hikes: letter

(Reuters) - Walmart Inc (WMT.N) said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday. The letter comes days after U.S. President Donald Trump slapped tariffs on $200 billion 54

September 19, 2018 6:55 PM Delta raises fees for checked bags

United and JetBlue did it. Now it's Delta's turn. The airline on Wednesday quietly raised the prices of the first and second checked bags by $5 each. The first checked bag will now cost $30 -- up from $25 for flights in North America, the Caribbean and Central America. The second checked bag will now cost $40, up from $35. A Delta (DAL) spokesperson 72