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Netflix soars as blistering subscriber growth restores faith

Bloomberg Netflix Inc is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher. After a stumble with its previous results, the world’s largest paid online TV network added far more subscribers than analysts expected in the third quarter. Netflix also issued an upbeat outlook for ...

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Trump’s trolling vs. the ‘constitution of knowledge’

On the road again, and full of indignation about, or perhaps admiration for, what he called ‘made-up’ and ‘fabricated’ Democratic accusations during the recent judicial confirmation turmoil, America’s feral president swerved into a denunciation of a nonexistent bill – “It’s called ‘the open borders bil’” — that, he thundered, “every single Democrat” in the Senate has “signed up for.” Now, ...

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Lessons from Italy’s new budget

The unveiled budget by the Italian government looks like a “Greatest Hits” album containing all the measures that have failed to spur growth in the past. The populist administration has largely neglected companies and younger workers, who will receive little benefit from the proposed policy changes. Instead, it is letting workers retire early and handing out a still undefined income ...

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