NEW YORK — Netflix is losing its most popular TV show, "The Office," in a sign of things to come as more TV and movie makers start their own streaming services and take back their offerings. In a tweet Tuesday, Netflix said it was "sad" that NBC will no longer license "The...
Walters: Arbitrary Tax Policy Spawns an Offspring
History has proven that no political decrees are more arbitrary than those about taxation. We hear a lot about “tax fairness,” but what is taxed and the level of that taxation follow no logical or moral course. Rather, those decisions are driven by ideology, political clout and the perceived need...
Uber Shares Continue to Slide in First Full Day of Trading
NEW YORK — Uber shares were down 8% in morning trading Monday and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's...
Car-Sharing Fuels Battle Over Local Tax Revenue
PHOENIX — When Chris Williamson was in the market for a new family car, a timely ad and conversations with a co-worker convinced him to try something out of the ordinary. He bought a BMW 3 Series convertible and covers the payments by renting it to strangers on a peer-to-peer...
Pinterest Prices Public Offering at $19 per Share
SAN FRANCISCO — Pinterest is pricing its shares at $19 for its initial public offering Thursday, putting it on track to raise more than $1.4 billion. The digital scrapbooking and image search site said last week it expected to sell 75 million shares at a price between $15 and $17...
Why California Libraries Are Ditching Fines on Overdue Materials
Bill Colb has had just about every possible job in the San Francisco Public Library system. He has worked in customer service, managed branches and circulation, and is now the library’s digital strategist. Throughout these jobs, his most dreaded task remained the same: haggling with book borrowers over 10 cents...
Apple Drops iPhone Bombshell on Already Reeling Stock Market
SAN FRANCISCO — Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster. The reckoning came in a letter from Apple CEO Tim Cook to the company's shareholders released after the stock market closed Wednesday. Cook said Apple's revenue...