[Business] Business travel is staging a comeback after stagnating for two years following a collapse during the early days of the coronavirus pandemic, according to credit card company American Express. Travel spending by S&P 500 clients in the month of March was “well over 50%” of its level in 2019, the year before the pandemic hit, Jeff Campbell, Amex chief financial officer.
Over60: FT
[Streaming] After years of bending Hollywood to its will, Netflix finally fell to earth this week as it revealed that its blistering, decade-long streak of subscription growth had come to an end. Its share price fell almost 40%, leaving its market cap at about $97 billion — down from $300 billion in November. The platform proved wildly successful. In the 10 years since, it has reached almost 222, million subscribers in 190 countries, up more than 750%, and it became profitable for the first time late last year.
Over60: FT
