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Top 4 Business Stories of the Day

As with any type of success, there comes an added pressure. In the case of Netflix, people may be getting a subscription just to watch House of Cards. Willimon said that's great, if that's the case, but added that they're also getting a good bang for their buck by having access to other content. "My only responsibility is to tell a great story. I don't think about that on the set or as I'm writing." Naturally, that same success has led the likes of HBO and Showtime, which have been producing TV shows for years, to now view Netflix as a real threat. It was one of those somewhat-rare days that the Dow Industrials closed unchanged for the day. The Dow Transportation Average was down 0.42% while the Nasdaq 100 gained just under 1% for the day. This, of course, was due in part to the 8% gain in Apple, Inc., but surprisingly the A/D ratios on the Nasdaq Composite were negative on the close. This could set the stage for a short-term pullback, though it is clearly an earnings-driven market and many eyes are on Amazon, Starbucks Corp. and Microsoft, which all beat their earnings estimates after the close. United Auto Workers Vice President Joe Ashton has been nominated to General Motors board as the representative for the healthcare trust for retired GM workers, the company said in a filing with the U.S. Securities and Exchange Commission on Friday. GM also reiterated that Chief Executive Officer Mary Barra, who is grappling with a massive recall of vehicles with ignition switches linked to at least 13 deaths, would receive more than $14 million in cash and stock this year. In the 10 years that Koenigsegg has been manufacturing supercars, the company has only ever had a single model in production at any point during that time, although many of these came in a handful of variants. For example, the current Agera comes in stock Agera form as well as in Agera S and Agera R flavors. However, Koenigsegg may now be ready to launch a second model line, and we hear it may be less expensive than any of Koenigsegg’s previous cars.

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