Netflix Tops 50 Million Subscribers
Comcast Earnings Beat Estimates
CEO Pay Scales Can Be Perplexing
Verizon Launches Rewards Program
IRS: Lerner's Hard Drive Destroyed
Investors applauded Netflix's second-quarter earnings, which more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers.
As it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated, Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2B.
Pay for performance. It's typically what companies say about how they decide to pay their top executives. It sounds simple in theory, but it gets hard to understand when you look at the numbers.
Wireless carrier Verizon is launching a nationwide loyalty program, with a twist: To earn points for, subscribers must consent to have their movements tracked so the company can target ads.
Lois Lerner's computer hard drive was destroyed three years ago, the IRS says, after trained technicians tried and failed to retrieve controversial emails related to applications for tax-exempt status.