Netflix shares tank on weak forecast as fears of slowing growth alarm Wall Street

Netflix offered third-quarter revenue and earnings projections on Thursday that hovered below Wall Street targets and said it would reduce the amount of information it discloses on viewing hours as the streaming video pioneer seeks new avenues of growth in a competitive media landscape. Shares of Netflix fell nearly 8% in after-hours trading…

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Futurisitic California city rocked as key tenant bails for Texas

Plodding California legislators are facing blowback after a futuristic, billionaire-backed new city being built in the Bay Area lost out on a massive $3.2 billion shipyard project that would have created 10,000 jobs. Saronic Technologies, an Austin-based defense contractor, has…

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