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Netflix Password Crackdown Delivers Millions of New Customers

The streaming giant said it would continue to diversify its slate and product features as it added 9.33 million subscribers in the first quarter....

Canada Targets 12 Foreign Grocers to Lure to Food-Retailing Market

Industry Minister François-Philippe Champagne has criticized Canada’s three biggest grocery companies—Loblaw, Metro and Empire—for failing to be transparent on the causes of food inflation....

Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation

The electronics contract manufacturer said the conduct in question doesn’t relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO....

Nordstrom Family Weighs Taking Retailer Private

The department-store chain has formed a special board committee and tapped bankers to consider a potential bid....

Spanish Beauty Group Puig Targets Close to $15 Billion Valuation in IPO

The Barcelona-based beauty company—which also owns the Carolina Herrera, Paco Rabanne and Nina Ricci fashion houses—has set the price range at €22.00 to €24.50 a share....

Test Your Knowledge About Electric Cars With Our Quiz

First question: Which country leads the way in EVs?...

23andMe CEO Anne Wojcicki Plans to Take Company Private

The intentions, revealed in a public filing, come after the once-hot company’s share price closed at a new low and its enterprise value fell below zero....

Ericsson Lays Off More Than 200 Employees in China

Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally....

Hipgnosis Agrees to $1.4 Billion Concord Takeover

Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to a $1.4 billion takeover by Apollo-backed music company Concord Chorus....

EasyJet Sees Narrower Loss as Travel Demand Builds

EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build....