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British PM Johnson says he’s looking forward to working with Biden By Reuters

LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday he looked forward to working with Joe Biden on their "shared priorities", just hours before Biden is inaugurated as the 46th president of the United States. "As I said when I spoke with him on his election as President, I look forward to working with him, and with his new administration,...

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Netflix Soars After Hit Shows Push Subscribers Past 200 Million By Bloomberg

(Bloomberg) -- Netflix Inc (NASDAQ:NFLX). ended its biggest year in company history with a bang, adding more customers than expected and saying it no longer needs to borrow money to build its entertainment empire. The world’s leading paid streaming service attracted 8.51 million new subscribers in the final three months of the year, helped by the popularity of hit shows such as “Bridgerton”...

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Morgan Stanley Earnings, Revenue beat in Q4 By Investing.com

Morgan Stanley (NYSE:MS) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Morgan Stanley announced earnings per share of $1.81 on revenue of $13.64B. Analysts polled by Investing.com anticipated EPS of $1.3 on revenue of $11.5B. Morgan Stanley shares are up 9% from the beginning of the year and are trading...

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HSBC to axe up to 340 management jobs in UK branch shake-up – source By Reuters

By Iain Withers and Lawrence White LONDON (Reuters) - HSBC plans to cut up to 340 manager jobs as part of a shake-up of its branch network in Britain, a source familiar with the matter told Reuters. The bank announced on Tuesday it was axing 82 branches across the country and would cut services in others, including stripping out some counter services....

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UK PM Johnson says COVID inquiry not a good use of resources while hospitals under pressure By Reuters

LONDON (Reuters) - Britain will learn lessons from its COVID-19 response but it is not be a good use of resources to have an inquiry while the National Health Service (NHS) is under strain from a winter wave of infections, Prime Minister Boris Johnson said on Wednesday. "The NHS is under unprecedented pressure (and) the entire British state is trying to fight...

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Microcap ETFs Shunned as Reddit, Robinhood Feed Retail Addiction By Bloomberg

(Bloomberg) -- With penny stocks all the rage in Reddit forums and across the Robinhood trading platform, U.S. retail investors are pulling money from microcap funds just to support the habit. Managed by BlackRock Inc (NYSE:BLK)., the $1 billion IShares Micro-Cap ETF, known by its ticker symbol (NYSE:IWC), has seen nearly $26 million of net outflows over the past 12 months. The $129...

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Trump revokes ethics ban on aides as he exits Washington By Reuters

WASHINGTON (Reuters) - Outgoing U.S. President Donald Trump, who won the White House in part by promising to "drain the swamp" of Washington political maneuvering, on Wednesday revoked his executive order barring aides and other administration officials from lobbying. The restrictions, imposed soon after he took office in 2017, had targeted the kind of insider culture the Republican Trump had campaigned...

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