Business

Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise another $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.

The S&P 500 and Dow Jones Industrial Average traded slightly lower on Monday, as early gains tracking a rally in China market faded with oil and financial stocks pushing the indexes lower.

Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc's Google, ordering it to stop removing Aptoide's app from users' mobile phones without their knowledge in a landmark case.

Tesla Inc Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company's futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019.

Toymaker Hasbro Inc missed analysts' expectations for quarterly revenue and profit on Monday, as the demise of major retail partner Toys 'R' Us hurt sales in Europe and the United States, sending its shares down as much as 8 percent.

PayPal Inc Holdings Inc has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday.