ylliX - Online Advertising Network

Air taxi firm Lilium shares plunge 53% after company says main subsidiaries will file for insolvency

German company Lilium produces flying electric passenger drones. Lilium Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries will file for insolvency in the coming days. The German aerospace startup’s shares plunged more than 60% following the news, before paring losses slightly. The stock was last down 53% […]

Former Abercrombie CEO Mike Jeffries charged with sex trafficking, interstate prostitution

File: Mike Jeffries, then Abercrombie & Fitch CEO in 2005. Michael Loccisano | FilmMagic | Getty Images Former Abercrombie & Fitch CEO Mike Jeffries and two other men were arrested on charges of sex trafficking and interstate prostitution that allegedly occurred when Jeffries was leading the iconic clothing brand, authorities said Tuesday. Jeffries, 80, and […]

Netflix earnings are out — here are the numbers

Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix reported earnings after the bell. Here are the results. Earnings per share: $5.40. That may not compare with the $5.12 expected by LSEG. Revenue: $9.83 billion. That may not compare with the $9.76 billion expected by LSEG. Paid memberships: 282.15 million expected, according to StreetAccount Active subscriber […]