Netflix Still Isn't Fully Acknowledging Looming Competition From Disney

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Netflix Still Isn't Fully Acknowledging Looming Competition From Disney

Netflix (NASDAQ:NFLX) notes that its competition is growing, but it isn't fully admitting — at least to investors — just how big Disney's (NYSE:DIS) competing platform will be when it launches in 2019.
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Empty plot of land in Los Angeles with a price tag of $1bn

A storied and virtually undeveloped 157-acre plot of land overlooking Beverly Hills is officially coming to sale with a record-setting asking price of $1 billion.
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Powell to Duck Trump Jabs and Let Economy Justify Fed Rate Pause

President Donald Trump is casting a long political shadow over this week's meeting of the Federal Reserve. No increase in interest rates is expected when officials gather on Tuesday and Wednesday in Washington, according to pricing in federal funds …
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Oil Steady as US Auto Overhaul Plan Counters Bearish Rig Data

Oil was steady near $69 a barrel on prospects a U.S. overhaul of car efficiency rules will increase fuel consumption, countering concerns over potential gains in American supply.
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Profit Versus Privacy: Facebook's Stock Collapse And Its Empty "Privacy First" Promise

One of the biggest tech stories of the past week was the abrupt implosion of Facebook's stock price after it warned investors of slowing growth and profit margins.
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