Netflix lays off about 150 employees, mostly in the U.S

(Reuters) -Netflix on Tuesday said it has laid off about 150 people, mostly in the United States, as the streaming service company faces slowing growth. The layoffs represent approximately 2% of the company’s workforce in the United States and Canada. …

Shares rebound, Treasury yields rise on stronger data

By Herbert Lash NEW YORK (Reuters) – Global equity markets rallied and Treasury yields rose on Tuesday, as solid U.S. retail sales in April suggested economic growth might strengthen, as did an easing of China’s lockdowns to contain the COVID-19 pandem…

U.S. says use of Pfizer’s COVID-19 antiviral up 315%

By Ahmed Aboulenein WASHINGTON (Reuters) -Use of Pfizer Inc’s COVID-19 oral antiviral treatment Paxlovid has jumped 315% over the past four weeks, the U.S. Department of Health and Human Services said on Tuesday, as health officials try to address unex…