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Netflix Stock Price Drops 35%, Posting Biggest Fall Since 2004

Shares turned in their biggest fall since 2004 after the streaming giant reported that it lost subscribers in the first quarter.

The Wall Street Journal |  | Fuente original

Mariupol, in Ruins, Still Looms Large for Russia and Ukraine

Defenders of the besieged port city have frustrated Moscow’s troops, keeping thousands from other battles.

The Wall Street Journal |  | Fuente original

Netflix Explores a Version With Ads as Subscriber Base Shrinks

The streaming company ended the first quarter with 200,000 fewer subscribers than it had in the fourth and said it expects to lose two million more in the spring quarter. Shares were down 25% in after-hours trading.

The Wall Street Journal |  | Fuente original

Apollo Global Considers Participating in a Bid for Twitter

Apollo Global Management is considering participating in a bid for Twitter, after Elon Musk’s $43 billion pitch put the social-media company in play.

The Wall Street Journal |  | Fuente original

Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This

The central bank says it is possible, but many factors are out of its control.

The Wall Street Journal |  | Fuente original

JPMorgan CEO Jamie Dimon Says ‘Powerful Forces’ Threaten U.S. Economy

While the bank CEO said the U.S. economy is growing, the company socked away funds to prepare for higher defaults in case of a recession, and its first-quarter profit fell 42%.

The Wall Street Journal |  | Fuente original

Top California Agency Attorneys Leave Roles Amid Activision Blizzard Lawsuit

One was fired by Gov. Gavin Newsom, and another resigned in response to the firing, according to a lawyer representing the two attorneys.

The Wall Street Journal |  | Fuente original

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