Netflix blows past international subscriber estimates
(Reuters) - Netflix Inc's international and U.S. subscriber additions blew past analysts' estimates as the video streaming service released shows including the award-winning British drama "The Crown" and a revival of "Gilmore Girls". Netflix, whose shares rose 7.1 percent in extended trading, has been hugely successful in attracting more subscribers through the popularity of its original shows. Netflix, whose original shows include "Narcos" and "Stranger Things", said on Wednesday it signed up 5.12 million subscribers outside the United States in the quarter ended Dec. 31.
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Study illustrates Facebook's growth as campaign news source
Donald Trump and Hillary Clinton voters had different media diets, but a study finds common ground in Facebook as an important news source ? even if their individual feeds bore little resemblance to each ...
Wall Street treads water as investors await inauguration
Wall Street finished largely without direction on Wednesday, with the Dow falling for a fourth straight session as investors held their breaths ahead of Friday's inauguration of President-elect Donald Trump. At the closing bell, the blue-chip Dow Jones Industrial Average had fallen 0.1 percent to 19,804.72, while the broader S&P 500 gained 0.2 percent to 2,271.89 and the tech-heavy Nasdaq rose 0.3 percent to 5,555.65. The Labor Department reported that the Consumer Price Index, an important measure of inflation, continued to see steady gains in December, with one measure seeing its largest 12-month gain in two and a half years.
Obama says reducing leaker Chelsea Manning's prison term serves justice
By Jeff Mason and Dustin Volz WASHINGTON (Reuters) - President Barack Obama said on Wednesday that former military intelligence analyst Chelsea Manning had served a tough prison term and his decision to commute her 35-year sentence to about seven years served would not signal leniency toward leakers of U.S. government secrets. Obama told his final news conference as president that he felt it made sense to commute Manning's sentence because she went to trial, took responsibility for her crime and her sentence was disproportionate to those received by other leakers. "Chelsea Manning has served a tough prison sentence," Obama said of his decision to reduce her sentence, which was announced Tuesday in a batch of 209 commutations and 64 pardons granted.
Mom, kids fled at time when domestic violence wasn't a crime
WARWICK, R.I. (AP) ? A woman charged with abducting her two daughters from their father in 1985 fled the state following an argument between the couple that turned physical, at a time when domestic violence wasn't a crime.
Exiting rail safety chief looks to technology to save lives
Sarah Feinberg was on the job as the nation's chief railroad regulator for just three weeks when a packed commuter train slammed into an SUV stopped on tracks north of New York City, killing six people. ...
Consumer agency sues Navient over student loan repaymentsWASHINGTON (AP) ? Federal regulators have sued Navient, accusing the biggest U.S. student loan company of making it harder for borrowers to repay loans by giving them bad information, processing payments incorrectly and failing to act on complaints.
South Korean court dismisses arrest warrant for Samsung chief
A South Korean court on Thursday dismissed a warrant to arrest the head of the Samsung Group [SAGR.UL], the country's largest conglomerate, a court spokesman said, amid a graft scandal that led to the impeachment of President Park Geun-hye. The decision by the Seoul Central District Court to allow Jay Y. Lee to go home is likely to come as a major relief to the company and for Lee, who has tried to fill the vacuum in the group's leadership since his father suffered a heart attack in 2014. Lee had been questioned for 22 hours last week and was held overnight on Wednesday while the court reached its decision.