Netflix shares drop after adding fewer subscribers

Netflix shares are plummeting after it added far fewer subscribers than expected. The culprit was U.S. customer distaste for higher monthly prices, which led to a net addition of only 160,000 subscribers for the quarter, bringing Netflix’s U.S. subscriber base to 47 million.

Netflix said it needed to raise prices to pay for new shows.

Most Americans don’t realize how much they pay in banking fees. The average U-S household spends 290 dollars a year on the fees on various accounts.

Six in 10 Americans describe themselves as shocked or disgusted when they discovered how much they pay in bank fees each year, according to the report from Transferwise, a British money transfer platform.

Chick-Fil-A is doing something its never done before.

The chain is launching the egg white chicken grill nationwide on Monday featuring a grilled chicken breast, grilled egg whites, and American cheese served on a toasted multigrain English muffin. The sandwich is a first of its kind.

Pizza Hut knows that many Americans will be glued to various screens this Summer, watching their team compete in the Rio Olympics.

All that cheering and patriotism can make you hungry, so Pizza Hut has come up with an answer: a two-foot long pizza in a patriotic box.

The big flavor dipper pizza will feature a red, white, and blue “GO Usa!” box and will be available for $12.99 starting this week.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Categories: Daybreak, Morning Business Report

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