Pay-TV subscribers cut as cord-cutting rises in 2015
Analysts report pay-TV providers shed more than 600000 subscribers from April to June 2015. Net delivered options like Sling TV Vue and HBO Now lure customers away while Netflix and Hulu remain strong. Despite losses total subscribers stay at 100.4 million, 83 percent of homes connected.
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Charlie Ergen
Emirates to open longest nonstop route to Panama City
Emirates plans non stop Dubai to Panama City aiming to claim the world's longest passenger route, beating Qantas Dallas Fort Worth to Sydney by about 200 miles. The service starts February 1, marking Emirates first Central America destination and extending its global network. Retail sales rebound boosts economy with July rise of 0.6 and upward revisions to May and June.
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Global stocks rebound as China yuan moves slower
Markets stabilize after two turbulent days as China trims yuan depreciation and its central bank reassures investors. The Dow edges up 0.03 while the S&P 500 slips 0.1. Shanghai jumps 1.8 as Europe recovers, with Barclays noting officials deny a 10% yuan devaluation plan and pledge market-driven rates.
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Apple diversity report shows modest progress across workforce
Apple says it hired 65 percent more women 50 percent more African Americans and 66 percent more Latinos in the past year yet overall leadership and technical staff remain predominantly male and white. The company released its first federal diversity data amid pressure from lawmakers and civil rights groups.
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