Netflix says it no longer needs to borrow money to finance operations
January 20, 2021
Netflix, which has been criticized by investors in the past for an excessive reliance on financing to grow its operations, has reached the point where the company no longer needs to go outside for funds. The digital movie subscription service also said that it has enough money on hand to pay off past debt.
Recent News
New Oreo Sour Patch Kids Cookies Unveiled
Oreo is back with another unique twist on its classic cookie. This time, the brand has teamed up with Sour Patch Kids to create a limited-edition flavor that’s sure to grab attention.
Biden’s New Airline Rules Focus on Transparency
The Biden administration has introduced new rules affecting commercial airlines in the U.S., targeting transparency around extra fees and ensuring automatic cash refunds in specific situations. These changes are part of Biden’s broader efforts to protect consumers from corporate fees.
Oracle Moves Headquarters to Nashville to Focus on Healthcare
Oracle has decided to relocate its world headquarters to Nashville, Tennessee. The primary motivation behind this move is to position the company closer to one of the major healthcare centers in the United States.
Dom’s and Foxtrot Grocery Stores Close After Merger
Dom’s Kitchen & Market and Foxtrot Market, two grocery chains based in Chicago, have announced the closure of all their stores. This decision comes six months after the companies merged.