Business news 2022

[Rewind]

In 1985, Cable Educational Network Inc in New York City launched The Discovery Channel. The company became Discovery Communications in 1994 and two years later launched Discovery Kids, Animal Planet and The Science Channel. In 2018, the company became Discovery Inc and acquired Scripps Network (HGTV, Food Network, DIY Network). As of today, Discovery also owns HBO, CNN, TNT, Turner Sports and the Warner Brothers movie studio. Warner Brothers Discovery Inc will start trading on the NASDAQ April 11 under the ticker symbol WBD.

Discovery takes control of HBO, CNN and Warner Bros., creating new media giant

https://www.cnn.com/2022/04/08/media...ose/index.html

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Netflix began renting DVDs in 2007, launched a streaming service in 2007 and began producing its own programming in 2013. Netflix today announced a loss of 200,000 subscribers In the first quarter of 2022, the company's first loss since 2011. Shares of Netflix closed today at 348.61, a gain of 10.75 (3.18%), but fell by 25% in after-hours trading.

Netflix stock plunges after subscriber losses

https://www.cnn.com/2022/04/19/media...ngs/index.html

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As CNN put it, "Netflix's terrible 2022 has now become disastrous." Shares of Netflix closed today at 226.19, a drop of 122.42 (35.12%).

Netflix plans crackdown on password sharing after loss of 200,000 subscribers

https://movieweb.com/netflix-plans-c...s-subscribers/

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CNN+ will shut down after only 39 days of operation. Andrew Morse, executive vice president of CNN and general manager of CNN+, will exit the company.

CNN+ will shut down at the end of April.

https://www.cnn.com/2022/04/21/media...own/index.html

[Rewind]

The old expression is true: "Money talks."

Elon Musk to buy Twitter in $44 billion deal

https://www.cnn.com/2022/04/25/tech/...ent/index.html

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In the United States, hourly pay for airline flight attendants begins only after all the passengers are seated and the plane's doors are closed. Delta Air Lines is changing that policy. By the way, Delta is the United States' oldest airline still in operation. It was founded in 1925 as a crop-dusting business and began accepting passengers in 1929.

Delta to begin paying flight attendants during Boarding

https://www.aol.com/finance/delta-be...132908373.html

[Rewind]

Shares of Amazon closed today at 2,891.93, a gain of 128.59 (4.65%), but fell in after-hours trading to 2,611.51, a drop of 280.42 (9.70%).

Amazon stock plunges as company reports nearly $4 billion loss

https://www.cnn.com/2022/04/28/tech/...oss/index.html

Amazon takes $7.6 billion loss on Rivian stake after EV company’s stock plunged

https://www.cnbc.com/2022/04/28/amaz...ck-plunge.html

[Rewind]

The world's richest person is considering imposing a fee on certain Twitter users.

Elon Musk says businesses and governments may have to pay to use Twitter

https://www.cnbc.com/2022/05/04/elon...vernments.html

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Apple introduced the iPod on October 23, 2001. It had a 5 GB hard drive and, as CEO Steve Jobs declared, "puts 1,000 songs in your pocket." The most recent model, the 7th-generation iPod Touch, was introduced in 2019 and has a 256 GB hard drive. Shares of Apple closed today at 154.51, a gain of 2.45 (1.61%).

Apple is discontinuing its last iPod model

https://www.cnn.com/2022/05/10/tech/...era/index.html

[Rewind]

On January 31, 1990, McDonald's opened its first restaurant in Russia, in Pushkin Square in central Moscow. It was the world's largest McDonald's at that time. There are now 850 McDonald's in Russia – but not for much longer.

After 32 years, McDonald’s plans to sell its Russia business

https://www.nytimes.com/2022/05/16/b...ds-russia.html