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Category Archives: Economic

Netflix adds almost 16 million new customers amid lockdowns

Netflix Inc. on Tuesday reported more paid subscribers than expected in the first quarter, as global lockdowns to curb the spread of the coronavirus forced people to stay at home and watch shows online, including the wildly popular Tiger King. The streaming giant added 15.77 million paid subscribers globally during the quarter compared with analysts’…

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Netflix adds almost 16M new customers as COVID-19 lockdowns boost demand for streaming

Netflix Inc. on Tuesday reported more paid subscribers than expected in the first quarter, as global lockdowns to curb the spread of the coronavirus forced people to stay at home and watch shows online including the wildly popular Tiger King. The streaming giant added 15.77 million paid subscribers globally during the quarter compared with analysts’…

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3M files lawsuit in Canada against firm accused of price-gouging on N95 masks

Minnesota-based 3M has filed a lawsuit against an Ontario company that allegedly claimed a phoney affiliation with the U.S. medical-gear maker to sell hard-to-find N95 face masks at exorbitant prices. The lawsuit, filed in Ontario Superior Court, alleges that Caonic Systems Inc. set up a web domain on the e-commerce platform Shopify and used it to sell masks…

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