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5 Winners and Losers of the Week in Business
It's been an interesting week in the world of business, from a smartphone pioneer losing another major client, to travel troubles on land and sea that have cost two companies some serious goodwill. Here's a rundown of this week's biggest wins and losses.
5 Things that Will Move the Market This Week
Among the things sure to help shape the week ahead on Wall Street, Visa will tell us whether we've been choosing plastic over paper; Disney will tell us how much magic it has in its financials; and Panera and Chipotle will serve up their quarterly results.
Amazon Suffers Rare Service Outage
In the wake of its earnings report Tuesday, Amazon's share price went up. But this afternoon, Amazon has mostly been down -- not just the stock, but the e-commerce website's homepage, which has intermittently been offline.
Netflix CEO Apologizes, Divides Company
In an open apology to Netflix customers, CEO Reed Hastings took the blame for the price hikes and service changes that generated such negative reactions. He also announced that Netflix was splitting its DVD-by-mail business off under a new name: Qwikster.
