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Thread: The business news thread

  1. #351
    Rewind is offline
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    Joined: Oct 2017 Location: Los Angeles Posts: 3,128
    As the ads declare, "StarKist doesn't want tunas with good taste. StarKist wants tunas that taste good." Yes, and also tunas that they can overcharge for.

    StarKist admits to fixing tuna prices, faces a $100 million fine

    http://www.latimes.com/business/la-f...019-story.html

  2. #352
    Rewind is offline
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    Joined: Oct 2017 Location: Los Angeles Posts: 3,128
    Could we say the company's net profits are inadequate? (Ouch.) This bond offering will bring Netflix's debt total to $13,800,000,000. In October 2017, Netflix raised the monthly cost of a standard subscription to $10.99, up from $9.99, and raised the monthly cost of a premium subscription to $13.99, up from $11.99. The basic plan, which allows viewing on a single device, remained at $7.99. Who wants to bet another increase is imminent?

    Netflix borrowing another $2 billion as content costs rise

    https://www.cbsnews.com/news/netflix...nt-costs-rise/

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