NEW YORK (Reuters Breakingviews) - Netflix has ripped up the standard script. It stands virtually alone among rivals in having little if any need for the usual metrics that media companies abide by. Instead, investors have focused on its rapid subscriber and revenue growth. That has fueled its stock-market success. But the $150 billion video-streaming service’s fourth-quarter performance, unveiled on Tuesday, shows how that is coming under threat.
NEW YORK (Reuters Breakingviews) - The international car boss who fled Japanese authorities is now lambasting Nissan and suing Renault for money due. Breakingviews columnists discuss why the latest twists overshadow the fraying global alliance of three automakers. Also, why China’s Geely wants Aston Martin.
NEW YORK/SAN FRANCISCO (Reuters Breakingviews) - Democratic Senator Elizabeth Warren has made breaking up tech giants a plank for her bid to win the U.S. presidency. But chances are Team Trump will steal her thunder.
NEW YORK (Reuters Breakingviews) - From banning political ads to developing cryptocurrency plans, the CEO of Twitter and Square has been politically more astute than rivals like Facebook. That sets him up for a good 2020. Also: the different ways that shareholders, the Fed and M&A bankers will tackle climate risk.
NEW YORK (Reuters Breakingviews) - Walt Disney Chief Executive Bob Iger rarely puts a foot wrong. In his 14 years in charge he has bought properties like Star Wars and the Avengers, and while he paid a high price in the auction of assets from Twenty-First Century Fox, at least he won. Expectations are therefore high for his next magic trick: creating a video-streaming product to rival Netflix. This feat may be beyond him.
NEW YORK (Reuters Breakingviews) - House democrats are backing Trump’s deal with Canada and Mexico even as they charge the president with impeachment. A looming deadline heaping more tariffs on Chinese imports could be kicked down the road, too. The chances of bipartisan support elsewhere, though, are slim.
NEW YORK (Reuters Breakingviews) - Solving an ugly problem requires admitting there is one in the first place. Uber Technologies on Thursday released data on the number of sexual assaults, fatal attacks and the like in the course of 2.3 billion U.S. rides taken in 2017 and 2018. A tally of thousands for such events is shocking. But the fact the car-hailing firm is publishing its record can only aid in making Uber safer.
NEW YORK (Reuters Breakingviews) - The German chancellor’s administration is in peril after coalition partner SPD chose left-wingers to lead the party. A snap 2020 election would probably end her 14 years in power and remove another of the world’s centrist governments. Plus: Australia’s colossal bank scandal.
NEW YORK (Reuters Breakingviews) - New Jersey is doubling down on the mall. The Garden State is home to one of the largest shopping complexes to open in recent memory. American Dream, as it’s called, offers a dizzying array of theme parks better suited to Dubai. The hope is this will help push people through the door. With retail sales swiftly moving online, that may not be enough.
NEW YORK (Reuters Breakingviews) - In college, Michael Bloomberg joked he would be America’s first Jewish president. On Sunday, the former New York City mayor presented himself as the antidote to Donald Trump. For that pitch to work, though, Bloomberg the man will need to do something with Bloomberg the company. Keeping his eponymous firm would present a potential conflict of interest.