Spotify CEO says company will 'further expand price increases'

Spotify CEO says company will 'further expand price increases'

Spotify is planning further price increases, according to comments made by co-founder and CEO Daniel Ek during the company’s third quarter earnings on Thursday. The streaming service had added 6 million subscribers in Q3 to achieve a total 144 million …
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Economic Outlook Is Tepid Even as GDP Rebounds: Live Updates

U.S. economic output grew at the fastest pace on record last quarter as businesses began to reopen and customers returned to stores. But the economy has climbed only partway out of its pandemic-induced hole, and progress is slowing. Gross domestic …
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Kontoor Brands reinstates dividends, pays down debt to lowest level

Kontoor Brands has announced it has resumed dividend payments to shareholders in conjunction with the Greensboro-based casual and denim wear company’s third quarter fiscal year 2020 earnings report. On Thursday, Kontoor Brands (NYSE: KTB) said its …
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Apollo's Leon Black says he deeply regrets past ties to sex offender Jeffrey Epstein

Leon Black, hoping to quell investors’ concerns, said on Apollo Global Management’s earnings call that the company never conducted business with Jeffrey Epstein. Black reiterated that he paid the sex offender millions of dollars annually to provide …
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Teladoc ups guidance for third quarter in a row as telehealth use holds steady

Teladoc’s total visits more than tripled in the third quarter compared to the same time last year, to 2.84 million. That’s slightly up from the second quarter this year, too — by about 3% — despite the absence of state lockdowns that contributed so heavily to …
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