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Netflix lays off 150 workers as executives look to cut costs

Netflix Inc. is laying off about 150 employees, according to an internal memo sent Tuesday and confirmed by the streaming giant. Read More...

Reuters

Elliott dissolves stake in Duke Energy, discloses stake in Suncor

NEW YORK (Reuters) -New York-based Elliott Investment Management, one of the world’s most prominent activist investors, has dissolved its stake in Duke Energy Corp, the firm disclosed in a regulatory filing on Monday. Elliott owned 1 million shares at the end of the fourth quarter, according to a filing made in February. The so-called 13F filings, made on Monday, show what investment managers owned at the end of the previous quarter and while they are backward looking, they are widely reviewed for signs of investment trends.

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