On Jan 16, WSJ writer, Joe Flint, reported that Netflix raised prices for its subscriptions, something the organization had not done since 2017. Specifically, the most popular subscription increased “by 18% to $13, from $11.” Upon announcing this hike, Netflix’s stock price also went up: 6.5%. Evidence suggests that the increase is aimed at paying […]
For years developers and other impacted business people have complained about how long it takes to get a permit in Tallahassee. It appears this may be changing for residential permits. Recently, the Leon County Board of County Commissioners (LCC) was provided a status report related to the ongoing analysis of the time it takes to […]
Last Tuesday, November 27, Mike Colias of the Wall Street Journal reported that GM will close several factories in North America and cut up to 14,800 jobs. Spurred by slowing sedan sales, the changes affect plants in Michigan, Ohio, and Canada. This is the first major downsizing since the company’s bankruptcy in 2009. Reducing GM’s […]
Americans have hit the highest share of cash-out refinancing since 2007 warns a recent Wall Street Journal article by Ben Eisen and Christina Rexrode. Specifically, more than 80% of borrowers who refinanced in the third quarter chose the “cash out” option, withdrawing $14.6 billion in equity out of their homes, according to government-sponsored mortgage corporation […]