Did This Major Streaming Company Just Make a Big Mistake? What Investors Should Know

According to Netflix (NASDAQ: NFLX) about 100 million of its global subscribers are sharing their passwords with those outside their household. Let's break down what's happening, why it matters, and what investors need to know about Netflix's plans. In March 2022, Netflix launched a pilot scheme in a handful of Latin American countries, charging customers additional fees when it detected accounts were being used in more than one location. Read More...

AP Finance

Bud Light exec takes leave after boycott calls, reports say

The marketing executive who oversaw a partnership between Bud Light and a transgender influencer is taking a leave of absence after it snowballed into cries for boycotts from some angry customers, according to media reports. Alissa Heinerscheid, Bud Light’s vice president of marketing, will be replaced by Todd Allen, most recently global vice president of Budweiser, according to reports from Beer Business Daily and Ad Age. A spokesperson for Bud Light’s parent company, Anheuser-Busch InBev, on Saturday did not directly confirm the leave of absence but said Allen as vice president of Bud Light will report directly to Benoit Garbe, U.S. chief marketing officer.

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