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The Latest Breaking News from Wall Street Journal

Netflix Cuts Prices in Some Countries to Boost Subscriptions

Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to maintain subscriber growth amid stiff competition and strained consumer spending. The stock fell nearly 5%, underperforming the broader market and on course for its worst day in more…

Asharq Al-Awsat

Ozy Media CEO Carlos Watson arrested; charged with fraud, identity theft

Founder has been called both charismatic and “insane” by those who have dealt with him.

Fortune

Wall Street Journal article sparks backlash after suggesting people ‘skip breakfast’ to save money

‘Many poor families already do,’ says one critic

The Independent UK

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Xbox Series X price increase quietly starts to roll out just months after PS5 price hike

Sweden and Japan have been hit with Xbox Series X price increases in the last month, with fears there are more to come.

Daily Mirror

Xi Jinping to visit Moscow for summit with Putin: Report

Top diplomat Wang Yi, who is currently in Moscow, has said ties between the two countries are ‘rock solid’.

Al Jazeera

Wall Street Journal article sparks backlash after suggesting people ‘skip breakfast’ to save money

‘Many poor families already do,’ says one critic

The Independent UK

China's Xi preparing to visit Moscow for summit with Putin -WSJ

Chinese leader Xi Jinping is preparing to visit Moscow for a summit with Russian President Vladimir Putin in the coming months, the Wall Street Journal reported on Tuesday, citing people familiar with the plan.

Reuters

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To Increase 'Equity,' This California High School Is Eliminating Honors Courses

"I was born in Cuba, and it doesn't sound good when people are trying to achieve equal outcomes for everyone," said one parent.

Reason

Amazon staff might see a 50% pay cut because shares have fallen so much

Employees have previously benefited from the company's stock awards scheme, until the share price began to tank.

Fortune

Netflix removes feature that proved unpopular with viewers

A feature that was introduced to help ease indecision during the Covid pandemic has been removed

Irish Mirror

Bernie Sanders: ‘Oligarchs run Russia. But guess what? They run the US as well’

The veteran senator is now part of Joe Biden’s inner circle, and is still fighting his country’s vast inequalities

The Guardian - UK

Best way to save money? Just eat two meals, says the Wall Street Journal!

Our current stage of capitalism demands that poor people make do with less while the rich make no sacrifices

The Guardian - US

Off the air, Fox News stars blasted the election fraud claims they peddled

Fox News stars, including Tucker Carlson and Sean Hannity, privately derided then-President Donald Trump's assertion he'd been cheated of victory in 2020, even as the network amplified such claims.

WEKU

Biden eyes Fed vacancy with Goolsbee reported to be in mix

White House officials have reached out to a key Democratic ally in the Senate to discuss filling the vacant role of Fed vice chair, with the Wall Street Journal reporting that Chicago Fed President Austan Goolsbee is under consideration for the post.

Tribune News Service

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The Times of India

Pharrell Willaims is the new creative director of Louis Vuitton

Pharrell Williams, a multi-talented singer-songwriter and philanthropist, has been chosen the new creative director of Louis Vuitton's menswear business, taking over for the late Virgil Abloh, the firm announced on Tuesday.

Asharq Al-Awsat

Report: US Considers Sending Seized Iranian Weapons to Ukraine

The US military is considering sending Ukraine thousands of seized weapons and more than a million rounds of ammunition once bound for the Iran-backed Houthis in Yemen, the Wall Street Journal reported on Tuesday. US officials said they are looking at sending Ukraine more than 5,000 assault rifles, 1.6 million…

Reason

U.S. State Department Funds a Disinformation Index That Warns Advertisers To Avoid Reason

Reason is listed among the "ten riskiest online news outlets" by a government-funded disinfo tracker.

Fortune

Walmart to force hundreds of employees to relocate to keep jobs

Walmart will close three of its offices and is asking affected employees to move closer to one of its primary offices, like its headquarters in Bentonville, Ark.

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The Guardian - US

Republican senator Tim Scott preparing presidential run – report

Only Black Republican in Senate set to challenge Donald Trump for nomination, Wall Street Journal says

The Guardian - UK

News Corp cuts driven by Murdoch’s mission to prop up news assets

Weeks after Fox merger scrapped, investors say market value languishing because of underperforming businesses in portfolio

Reason

"On The Need For Diverse Viewpoints In Biglaw," by David Lat

An excerpt from David Lat's Original Jurisdiction newsletter (and also earlier published by him in the Boston Globe), though the whole thing is much worth reading: On the morning of June 23, the U.S. Supreme Court issued a landmark opinion in New York State Rifle & Pistol Association v. Bruen,…

Reason

Republicans and Democrats Face Impasse Over Cutting Spending Versus Raising Taxes

Plus: Court denies motion to suppress January 6 geofence warrant, Texas may ban some immigrants from buying property, and more...

Tribune News Service

Living with Children: Behaviors associated with ADHD are indisputable. Diagnoses are another story

The Wall Street Journal recently published a letter from a gentleman who, apparently speaking from personal experience, claimed that attention-deficit/hyperactivity disorder (ADHD) is real, then extolled the benefits of the stimulant medications typically prescribed when the diagnosis is made. Effectively, said gentleman parroted the false narrative peddled by Big Pharma…

Reuters

U.S. weighs sanctions for Chinese companies over Iran surveillance buildup - WSJ

The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter.

The Conversation

The Wall Street Journal, Economist and Financial Times all now have female editors – what does it mean for business?

February 1 was a date to celebrate for women in business everywhere. It happened to be the day that water group Severn Trent became the first large UK quoted company to be led by an all-female team by appointing Helen Miles as chief financial officer. That’s certainly worthy of celebration…

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