That day . David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with a billion dollars of debt as their goodbye kiss. The covenant on that debt severely limited blockbuster
Know the state of your health that day . A few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be coceo. Ceo and be the you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. Public iny now, point 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . No, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. Off blockbuster in 2004, they saddled them with a billion dollars of debt as their goodbye kiss. That severelyn limited blockbuster when they attacked us. That was one. Another one is blockbuster had is on
Earlier like they were headed to brand new record highs. Not so now. We do have the Dow Jones Industrials down 143 points. Ciscos poor earnings is pushing that index down. S p down 11. Nasdaq just higher by 19 points. Not the same at all for apple. Apple hitting yet another new high as it closes in on the 2 trillion market cap. News breaking of its new plan for subscribers to bundle the apple joy so which Companies Might want to dive for cover . We are taking a deep dive into the apple barrel, online contactless auto sales winning the race during the pandemic. Why are investors hitting the sell button on the hottest used car deals in cyberspace . We will ask the vroom ceo because hes here. And musicians still resorting to zoom with no live concerts and broadway still closed. But that does not pay the bills. Enter the chairman and ceo of the Recording Academy. The man behind the grammys. What hes doing now to help artists with their strings cut by the pandemic. Its a fox business exclus
It helps to have someone in your corner. Thats why theres covered california. Were the only place where you can get financial help to pay for your health insurance. New this year, almost a Million People could receive additional finalpl ncm fhestthroe to help lower the cost of health insurance. More for those already getting it, and new help for many who havent gotten help before. So check to see how much you could save. It only takes 5 minutes. The last day to enroll is january 31st. So get covered today. Now at 5 30, and streaming on cbsn bay area. Chopper 5 over some breaking news out of solano county. Police activity is shutting down both directions on interstate 80 in vallejo. Good evening, im brian hackney. And im Andrea Nakano. This has led to an epic traffic back up. Lets get right to emily turner with the developing details. Emily . At this point its nothing but bad news for commuters heading home through vallejo. At this point i80 shut down in both directions. Theres no estim
Voiceover live from our studios in singapre and london. Voiceover live from our studios in singapore and london. This is bbc world news. Its newsday. Good morning. Its 8am in singapore, midnight in london and ham in the morning in eastern australia, where fire crews are assessing the damage from the weekends bushfires. The weather has cooled down a little, but the political debate is raging on. The Prime Minister, Scott Morrison, returned home from holiday having been heavily criticised for going away with his family to hawaii. Shaimaa khalil has the story. It feels like a deserted war zone, but this is the aftermath of the catastrophic bushfires that have ravaged New South Wales. And in the village of balmoral, the devastation is everywhere. Russell scholes has been a volunteer firefighter for six years. He was out with his team trying to control the blaze in the village when his own house was burned to the ground. So many of the brigade are tired. Thats the mental side of it when you