Netflix recently faced a surprising financial setback due to a tax issue in Brazil. The company had to pay a huge $619 million in taxes. This unexpected expense lowered Netflix's profit margin for the quarter. The stock price dropped by more than 6% as a result. This tax, known as CIDE, is unique t
American students are struggling more than ever in school. Test scores are dropping, and it's not just because of the pandemic. Many kids are falling behind in reading and math. In fact, a lot of students can't even understand simple passages or summarize what they read. This is a big problem, and i
Celebrities are often remembered with statues after they pass away. But sometimes, these statues do not look like the celebrities they are supposed to represent. This was the case with the recent Tina Turner statue in her hometown of Brownsville, Tennessee. Fans were not happy with the statue. They
Amanda Borrett sees infrastructure as a tool to bring people together. She has spent nearly 20 years in the broadband industry, working to make sure everyone has access to the internet. As the Vice President of Business Development at eX2 Technology, she helps communities turn their tech ideas into
British Columbia is making a big change. It wants to stop new crypto mining projects from using its power grid. This decision is part of a bigger plan to focus on other industries that use clean energy and create more jobs. The government thinks this will help the economy grow and meet climate goals
In the small village of Kwigillingok, Alaska, nature showed its power in a terrifying way. A man named Steven Anaver found himself in a nightmare when his home started floating away during a massive storm. The storm, leftovers from Typhoon Halong, hit western Alaska hard. It brought strong winds and
Oregon is in for a chilly surprise this weekend. A big snowstorm is heading to the state's mountain passes, with up to a foot of snow expected. This is thanks to a mix of moisture and cooler air moving in, pushing snow levels down to between 3, 000 and 5, 000 feet. The areas most likely to see heav
Food waste is a big problem. It hurts your wallet and the environment. In the U. S. , people throw away a lot of food. This costs them about $728 every year. It also creates pollution equal to 42 coal power plants. Most of the wasted food comes from homes, not restaurants or stores. People are busy
Warner Bros Discovery is at a crossroads. The company, which owns popular brands like CNN and HBO Max, is thinking about selling itself completely. This comes as they're also planning to split into two separate companies. This news has made investors happy, with the company's stock price going up by
Boston's retail areas are still dealing with a lot of shoplifting. But, there's some good news. The city has started new plans to fight this problem. Police and business leaders talked about this at a recent meeting. The main issue is that stealing hurts everyone. It's bad for small shops, people l
