Netflix stock opened down more than 12% on Friday morning to $65.87 a share, before recovering in midday trading to just over $69, a decline of more than 7%.

The decline follows the streamer’s second quarter earnings report Thursday, which renewed concerns among investors and analysts about the streamer’s future growth.

The Los Gatos, ...Read more

International Business Machines Corp.’s warning this week that its sales are falling well short of expectations highlights a growing divide between artificial intelligence winners and everyone else in the tech universe.

On Tuesday, IBM said it failed to predict that its customers would shift their spending away from the company’s products ...Read more

Employers are bracing for what could be the highest rise in health insurance premiums in 16 years in 2027, driving up the average cost of family coverage in California to more than $30,000 — the price of a new compact car.

Health insurance companies expect the cost of medical services and prescription drugs to soar by 9% in 2027, according to...Read more

With convertible weather upon us, the 2026 Mercedes Maybach SL680 is rolling into Grasso’s Garage.

Exceeding all expectations, the Maybach’s singular exotic design is specifically fit for the upper echelon, turning heads on every corner as the new trend-setter in town.

The Maybach is powered by a 4.0-liter V-8 bi-turbo engine with 577 ...Read more

HELL, Michigan — ZOT! Like a greased jellybean, my Mercedes CLA 350 sedan shot onto I-75. Past a line of traffic. Headed to the moon.

Quiet as a mouse.

Nine years after the Tesla Model 3 sedan became an overnight sensation and ushered in a new age of performance electric vehicles, it’s, well ... playing second fiddle to the Model Y. Model ...Read more

For BMW, the X5 has become something akin to the Porsche 911. You don't redesign it so much as renegotiate with its history. Every generation has to look unmistakably like an X5 while convincing buyers they've never seen one before.

Max Missoni knows this. The Austrian designer, whose résumé includes Volkswagen, Volvo, and Polestar, arrived ...Read more

U.S. regulators are set to tie lettuce from Taco Bell to a parasite outbreak that’s sickened thousands in Michigan and nearby states, according to people familiar with the matter.

Taco Bell said it has voluntarily removed lettuce from a supplier and will replace the ingredient within 24 hours at restaurants in affected states. The supplier’...Read more

Baltimore City leaders are set to begin what could become one of the most significant tax debates in decades: whether Maryland’s largest city should pursue the state’s first split-rate property tax system in an effort to combat vacant properties, discourage speculation and spur investment.

A bill introduced Monday by City Councilman Zac ...Read more

A neurosurgeon was recently paid $4,485 to remove a brain tumor, but the doctor’s surgical assistant received a fee from Minnesota’s UnitedHealthcare that was more than 10 times larger — $55,000.

The reason?

Arbitration rulings under the federal No Surprises Act, which protects patients from high out-of-network bills, are socking health ...Read more

Despite skipping over his annual donation to the Gates Foundation, Warren Buffett downplayed Microsoft cofounder Bill Gates’ relationship with sex offender Jeffrey Epstein as a mistake he might have made himself.

“While it’s distasteful, while he made mistakes, I made mistakes, hiring all kinds of people, or choosing friends, and then ...Read more

A newly surfaced recording of a personal phone call between United Auto Workers President Shawn Fain and the union's court-appointed monitor discussing the Israel-Hamas war sheds new light on the fraught relationship between the two men that Fain claims fueled the watchdog's investigations into him.

The 11-minute recording obtained by The ...Read more

It is hard to keep a good convention down.

One year after Hollywood’s largest studios stayed away from Comic-Con International, they are back in force next week. The biggest of them all, Marvel Studios, will return to the 6,500-seat Hall H, as will HBO with its latest superhero show and dozens of other studios with star-studded casts.

Comic-...Read more

A ballot measure that would overhaul one of California’s most powerful and controversial environmental laws has a commanding lead less than three months before voters begin casting ballots in the statewide November election.

Proposition 45, which would make substantial changes to the California Environmental Quality Act, has the support 73% ...Read more

Only a few days ago, Paramount Skydance's planned $111 billion takeover of Warner Bros. Discovery appeared to be on the glide path to completion.

The deal, which would be the largest merger in Hollywood history, had won approval from several foreign governments and, on June 12, Justice Department antitrust regulators.

The Justice Department's ...Read more

Netflix has long been seen as the winner in the streaming wars, with more than 325 million subscribers globally and hits like "Stranger Things" and "KPop Demon Hunters."

For months, Netflix had been telling investors how it planned to scale its business to new heights by acquiring Warner Bros. Discovery, a potentially transformative media deal....Read more

SpaceX stock dropped below its initial public offering price for the first time on Wednesday, signaling dwindling hype around the Elon Musk company.

Shares dipped below their IPO price of $135 on Wednesday morning for the first time since listing, a humbling loss for the stock, which had skyrocketed more than 50% in its first days of trading ...Read more

Landlords across Washington state can raise rents by up to 10% next year.

The Washington State Department of Commerce announced the annual cap Wednesday, the latest reflection of persistently high inflation in the Seattle area.

The cap stems from a state law passed last year limiting rent hikes at many properties to 7% plus inflation, up to a ...Read more

Social media giant Meta is accused in a lawsuit filed this week of using artificial intelligence to target employees for layoffs who had taken medical, disability or maternity leave.

Meta’s AI tools, used for the company’s 10% reduction in global staff earlier this year, drew on employees’ performance ratings and use of AI that “by ...Read more