Business

US stocks rise on Tesla results, airline optimism

(AFP) — Wall Street stocks rose early Thursday as blowout earnings from Tesla and optimistic forecasts from airlines lifted sentiment after disappointing company reports earlier in the week. Tesla surged more than 10 percent as it reported a record $3.3…

Netflix shares plunge as subscribers drop

By Glenn ChapmanAgence France-Presse (AFP) — Netflix shares lost a quarter of their value Tuesday after the company revealed its ranks of subscribers shrank in the first quarter of this year. It was the first time in a decade that…

American Express suspends operations in Russia

By Jeff SanidadEagle News Service (Eagle News) — American Express announced it is suspending operations in Russia, joining credit card companies Mastercard and Visa, as Russia’s invasion of Ukraine intensifies. American Express Chairman and Chief Executive Officer Stephen J. Squeri…