Friday, 14 January 2022

Reuters Business: Netflix raises monthly subscription prices in U.S., Canada

Netflix raises monthly subscription prices in U.S., Canada

Netflix Inc has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan, the company said on Friday, to help pay for new programming to compete in the crowded streaming TV market.

J&J reaches opioid settlement with holdout state New Mexico

Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims that it fueled the opioid epidemic in New Mexico, a state which originally opted against participating in a nationwide settlement resolving thousands of similar cases.

U.S. FAA reviews FedEx proposal to install A321 laser-based missile-defense system

The Federal Aviation Administration (FAA) said on Friday it is proposing conditions that would allow FedEx to install a laser-based missile-defense on Airbus A321-200 airplanes.

States ask U.S. court to reinstate Facebook antitrust lawsuit

Dozens of states led by New York asked a U.S. federal appeals court on Friday to reinstate an antitrust lawsuit filed against Facebook .

Citigroup CEO Fraser fights to sell turnaround plan to investors

Citigroup Inc Chief Executive Jane Fraser faces a struggle to convince skeptical analysts and investors that she can turn the bank around despite overseeing a radical overhaul in less than a year at the helm.

Citi says Mexico consumer bank a 'jewel,' as it gears up to sell

Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a "jewel" as it gears up to be active with potential buyers in the coming months.

Benetton scion plans changes at family holding company

Alessandro Benetton said on Friday he accepted the position of chairman in his family's holding company Edizione to lead change in the group that controls some of Italy's biggest companies such as Atlantia and Autogrill.

Investors wary on bank growth despite executives' optimism

While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook for the sector.

NHTSA evaluating potential safety concerns related to heating issue of Tesla cars

The U.S. auto safety regulator said on Friday that it is discussing heating issues of some Tesla vehicles with the automaker and evaluating "potential safety concerns."

U.S. FAA requires precautions for some Boeing 787 landings after new 5G launches

The U.S. Federal Aviation Administration (FAA) said Friday it will require operators of Boeing 787s to take additional precautions when landing on wet or snowy runways at airports where new wireless services are deployed from next week.

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