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Netflix's 2Q numbers disappoints, stock tumbles

July 25, 2012 • BusinessComments (0)

In this July 11, 2012 photo, Netflix CEO Reed Hastings at the Allen & Company Sun Valley Conference in Sun Valley, Idaho. Netflix says its second-quarter earnings plunged 91 percent amid a slowdown in subscriber growth. The financial deterioration reported Tuesday follows a rare loss for Netflix during the opening three months of the year. [&hellip...

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Pro, con arguments on proposed NY sugary drink ban

July 25, 2012 • BusinessComments (0)

Walter Willett, a professor of epidemiology and nutrition at Harvard School of Public Health, speaks during a New York City Board of Health public hearing on the proposal to limit the size of sugary drinks Tuesday, July 24, 2012 in New York. New York faced...

Charities help pets when foreclosure victims can't

July 25, 2012 • BusinessComments (0)

In this photo taken on Thursday, July 12, 2012, a pair of foster kittens play inside Lost Our Home Pet Foundation in Phoenix. Lost Our Home helps people facing foreclosure place their pets with other families or in foster environments until their owners can...

Airline bid to block consumer protections rejected

July 25, 2012 • BusinessComments (0)

FILE – In this Feb. 9, 2012, file photo, a Southwest Airlines Boeing 737 waits to take off at Chicago’s Midway Airport as another lands. The government can require airlines to show consumers a total ticket price that includes taxes and fees in...

Protesters urge EPA to reject Arctic waiver

July 24, 2012 • BusinessComments (0)

Ten-year-old Isabelle Wassillie, wearing a polar bear head and holding a frozen salmon, takes part in a rally urging the Environmental Protection Agency to reject an air permit waiver request by Shell Oil for vessels operating in the Arctic Ocean on Monday,...

McDonald's showing signs of tear from economy

July 24, 2012 • BusinessComments (0)

FILE – This Friday, April 20, 2012, file photo, shows a McDonald’s restaurant in East Palo Alto, Calif. (AP Photo/Paul Sakuma, File) NEW YORK (AP) — Not even McDonald’s Corp. has an iron stomach when it comes to the global economic...

Global economy in worst shape since 2009

July 24, 2012 • BusinessComments (0)

Protesters shout slogans to demonstrate against the country’s near 25 percent unemployment rate and stinging austerity measures introduced by the government, in Madrid, Spain, Saturday, July 21, 2012. (AP Photo/Andres Kudacki) WASHINGTON (AP) —...

Europe shaken by fear Spain will need full bailout

July 24, 2012 • BusinessComments (0)

Italian Premier Mario Monti meets with Russian Prime Minister Dmitry Medvedev, not pictured, during a meeting in Moscow on Monday, July 23, 2012.(AP Photo/RIA Novosti, Alexander Astafyev, Government Press Service) FRANKFURT, Germany (AP) — Europe is on the...

Fighting AIDS: US donates an extra $150 million

July 24, 2012 • BusinessComments (0)

Bill Gates speaks at the XIX International Aids Conference, Monday, July 23, 2012, in Washington. (AP Photo/Carolyn Kaster) WASHINGTON (AP) — Science now has the tools to slash the spread of HIV even without a vaccine — and the U.S. is donating an extra...

Soft game sales weigh on Hasbro's 2Q earnings

July 24, 2012 • BusinessComments (0)

FILE – This April 13, 2011 file photo, shows a MONOPOLY Property Trading Game, in Portland, Ore. Toy maker Hasbro Inc. said Monday, July 23, 2012 its second-quarter net income dropped 25 percent on weak sales in most categories as revenue in major...