Netflix's world has been turned upside down as stock plunges 35%
CNN
Call Eleven and Sheriff Hopper of "Stranger Things," because Netflix's world has been turned upside down.
The company reported Tuesday that it lost subscribers for the first time in more than a decade. The news shocked Wall Street and sent shares plummeting 35% Wednesday morning, wiping out $50 billion in market cap. And this was after the company's stock had dropped more than 40% year to date.
Simply put, Netflix's terrible 2022 has now become disastrous.
President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.
Temir Porras, who was ousted President Nicolás Maduro’s chief of staff from 2007-2013, tells CNN’s Isa Soares that he cares about the stability of his country and that the leadership in Venezuela is showing “maturity and balance in the movement they’re making.”
GOP Sen. Thom Tillis strongly criticized White House deputy chief of staff Stephen Miller’s recent comments suggesting the US should take control of Greenland, calling the remarks “amateurish” and “absurd,” and urging President Donald Trump to fire people who give that kind of advice.
It was as telling a moment as any when it comes to the Republican Party’s relationship with President Donald Trump.
While the Trump administration insists the US will run Venezuela, it’s not that simple. Many of President Nicolás Maduro’s loyalists are still in positions of power. CNN’s Rafael Romo reports.
Four days since US President Donald Trump’s most strident military move yet, the gulf grows between his claim that the United States will “run” Venezuela and the reality of a continued dictatorship on the ground.
Florida Gov. Ron DeSantis said Wednesday he plans to call a special session in April for the Republican-dominated legislature to draw new congressional districts, joining the redistricting arms race.
As part of its claims of widespread fraud in the federal safety net, the Trump administration is halting $10 billion in funding for several programs in five Democrat-led states.
The Trump administration has outlined a number of demands that Venezuela must agree to order to resume oil production, two senior White House officials told CNN.
Minnesota state representatives are set to testify during a Republican-led House Oversight Committee hearing on allegations of fraud and misuse of federal funds in the state. Follow for live updates
On the heels of the US capture of Venezuelan leader Nícolas Maduro, President Donald Trump has ramped up his rhetoric around his desire to acquire Greenland, once again raising the prospect of military intervention, sparking fears across Europe and widespread condemnation.
Parched soil crunched under Jessica Rogers’ boots as she crossed the empty lot overlooking Palisades’ Stadium By the Sea. She sprayed her hose towards a cluster of leafy bushes growing at the base of a blackened tree.
The fate of hundreds of thousands of Venezuelan migrants in the United States remains in limbo after the capture of Venezuelan President Nicolas Maduro.