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Business Apr 16, 2026

Reed Hastings to Exit Netflix Board After 29 Years

Reed Hastings, co-founder and former CEO of Netflix, is stepping down from the company's board of d…
Reed Hastings, the co-founder of Netflix, is leaving the streaming service's board of directors after 29 years. Hastings will not stand for re-election at the company's annual meeting in June and plans to focus on philanthropy and other pursuits.In a letter to investors, Netflix said Hastings' decision to step down is not a result of any disagreement with the company. The company's stock dropped about 8% on the news of Hastings' departure.Hastings co-founded Netflix in northern California and led it through its pivot from a mail-order DVD company to a leading streaming TV service. He stepped down as CEO in 2023.Netflix reaffirmed its mission to entertain the world, providing movies and series for many tastes, cultures, and languages. The company's full-year financial outlook remained unchanged. Revenue rose to $12.25 billion, an increase of 16% from the year-ago period, modestly exceeding analyst forecasts.The company plans to use technology to improve the user experience and monetization, with advertising revenue on track to reach $3 billion in 2026, a twofold increase from a year ago. Netflix also highlighted areas of future growth, including video podcasts and live entertainment.
#Reed Hastings #Netflix #Warner Bros Discovery
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Politics Apr 16, 2026

UK Chancellor Reeves Signals Possible Welfare Cuts to Finance Defence Boost Amid Iran and Ukraine Crises

Chancellor Rachel Reeves warned that increasing UK defence spending to 2.6% of GDP may require cuts…
Chancellor Rachel Reeves cautioned that the push to raise Britain’s defence budget will likely demand reductions in other spending areas, notably welfare, as the nation confronts escalating geopolitical pressures. She emphasized that the government is exploring a range of options but aims to avoid new taxes or extra borrowing, noting that “we already spend £1 in every £10 on servicing the debt.” Reeves highlighted her willingness to challenge party orthodoxy, pointing to last year’s budget moves that freed additional funds for defence, and said, “I’m willing to make difficult choices for national security.” Speaking on the sidelines of the International Monetary Fund spring meetings in Washington, she referenced the government’s 10‑year defence investment plan and stressed the importance of allocating resources appropriately. While refusing to detail which welfare programmes might be trimmed, Reeves reaffirmed that “national security always comes first” and confirmed that Labour will keep its manifesto pledge to retain the pension triple‑lock. Her stance mirrors Health Secretary Wes Streeting, who earlier warned that welfare reforms could be required to meet “the challenge of the world we face.” The Starmer administration faces mounting pressure from opposition MPs and senior military figures, especially after US President Donald Trump’s threats to withdraw the United States from NATO and the ongoing Iran‑Israel and Russia‑Ukraine conflicts. Current forecasts show UK defence spending reaching 2.6 % of GDP by April 2027, surpassing targets set by both Labour and the opposition before the 2024 general election. Reeves proudly noted that her previous budgets delivered “the biggest uplift in defence spending since the end of the Cold War,” arguing that a robust economy depends on strong national security. The IMF warned that a further escalation in the Middle‑East could trigger a global recession, with the UK potentially hit hardest among G7 nations, and cautioned that government debt is on track to hit its highest level since World War II. To fund household and business support without widening the fiscal gap, Reeves suggested reprioritising other budgets, criticizing the blanket subsidies of the previous Conservative government that cost over £100 billion and contributed to higher inflation and interest rates. She concluded that “the best way to help families and businesses is to keep prices, costs and interest rates down,” underscoring the fiscal balancing act ahead.
#Rachel Reeves #UK defence spending #IMF
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Sport Apr 16, 2026

Hull FC Fans and Players Unite in Emotional Tribute to Coach John Cartwright

Hull FC's fans and players showed unity and support for coach John Cartwright in an emotional displ…
Hull FC's fans and players came together in a heartfelt display of unity and support for coach John Cartwright following the team's loss to St Helens. The emotional show of solidarity came as Cartwright's future with the club hangs in the balance after a tumultuous 10 days.The match saw St Helens secure a 24-14 victory at the MKM Stadium, but the focus was on Cartwright as the game ebbed into its closing moments. The big screen inside the stadium panned to the coach, prompting a stadium-wide round of applause from the fans, despite Hull FC heading for a fifth league defeat in eight games.At full time, hundreds, if not thousands, of fans stayed to applaud Cartwright once again as he conducted his media duties. This display of unity from Hull FC's fans towards their coach mirrored the spirited performance from Cartwright's players on the field.The reason for such emotion was clear: this had all the hallmarks of Cartwright's last stand in charge of Hull after a tumultuous 10 days. The Black and Whites confirmed last week that Cartwright would leave at the end of the season, with the club already understood to have agreed a deal to bring in Steve McNamara next year.Cartwright responded on Monday by expressing his feelings of being 'betrayed and disrespected' by the club's lack of communication over that decision. With time to consider whether an early parting of the ways is the best course of action, Cartwright may have actually coached Hull for the final time.“I honestly don’t know,” Cartwright said when asked what happens next. “I’ll let the dust settle on that. I’ve got a couple of meetings early next week and then we’ll find out. They’re very passionate fans and they’ll have their opinion on something and they’ll make it known. It means a lot to me to see it.”Despite the loss, Hull were superb in the first half, leading 12-6 by the break thanks to tries for Logan Moy and Amir Bourouh. However, St Helens, led by coach Paul Rowley, showed their resilience and navigated an emotionally charged evening to go top of the table.The final act of this night belonged to Cartwright, who, after his media duties, walked down the tunnel with his players in one last show of unity. His players have displayed how they feel; now it is down to Hull’s hierarchy to show their hand.
#hull #cartwright #his
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Sport Apr 16, 2026

LIV Golf Faces Uncertain Future as Saudi Investment Expected to End

The future of LIV Golf is uncertain as Saudi Arabia's Public Investment Fund is expected to withdra…
LIV Golf, a breakaway tour backed by Saudi Arabia's Public Investment Fund (PIF), is facing an uncertain future as the fund is expected to withdraw its support in 2026. This development has significant implications for the careers of several leading golfers who made lucrative switches to LIV. The PIF's expected withdrawal could leave many golfers in career limbo, with some, such as Bryson DeChambeau and Jon Rahm, potentially having a pathway back to the PGA Tour. However, the future for others who joined LIV is far more uncertain. The tour's executives recently attended a summit with the PIF in New York, where the financial impact of the Middle East crisis was discussed. LIV's chief executive, Scott O'Neil, has attempted to reassure staff and players that the tour's season will continue as planned, but the lack of commitment beyond 2026 has fueled speculation and concern. Since its inception in 2021, LIV is understood to have burned through more than $5bn of PIF money. Despite this, the tour has made strides towards becoming more commercially viable, attracting blue-chip sponsors such as Rolex and HSBC. The PGA Tour has smoothed a path for some LIV golfers to return, including Brooks Koepka and Patrick Reed. However, the scenario for others is far less obvious, particularly for those who lack the pull to return to the PGA Tour. The DP World Tour, formerly European Tour, may benefit from LIV's potential demise, given its willingness to re-engage with LIV players. The uncertainty surrounding LIV's future also has implications for women's golf in Europe, with the PIF Saudi Ladies International and other events potentially being affected if the kingdom diverts attention away from the sport.
#liv #tour #pga
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Sports Apr 16, 2026

Chelsea Secures Major Boost as Moisés Caicedo Agrees to Lucrative New Deal

Moisés Caicedo has verbally agreed to a new deal with Chelsea, extending his contract until 2033. T…
Chelsea FC has received a significant boost with the news that midfielder Moisés Caicedo has verbally agreed to a new deal with the club. The Ecuador international, who joined Chelsea from Brighton in 2023 for a British record fee of £115m, has extended his contract until 2033.This agreement follows Reece James, another key player for Chelsea, who extended his contract last month. The commitment from these top players is seen as a show of unity in the dressing room, especially crucial with a fan protest against the board scheduled before the upcoming match against Manchester United.Caicedo, who captained the side against Manchester City last weekend, is expected to receive a pay rise as part of his new agreement, reflecting his excellent performances. Chelsea's ownership, BlueCo, can point to these contract extensions as evidence of stability and commitment from their key players.The new deal comes at a critical time for Chelsea, who are under pressure following their exit from the Champions League and the recent controversy surrounding Enzo Fernández's desire to join Real Madrid. The club is set for another significant summer, with plans to strengthen their squad, particularly in key positions such as centre-back and central midfielder.
#Chelsea #Moisés Caicedo #Premier League
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Entertainment Apr 16, 2026

Aaron Pierre’s electrifying McMurphy anchors a race‑reframed ‘One Flew Over the Cuckoo’s Nest’ at London’s Old Vic

The Old Vic’s new staging of One Flew Over the Cuckoo’s Nest features Aaron Pierre’s magnetic turn …
Aaron Pierre delivers a storming, almost hypnotic performance as Randle P. McMurphy, instantly igniting the stale atmosphere of a 1960s American psychiatric ward. His swagger‑filled stride and sudden, childlike scampers create a compelling contrast that keeps the audience on edge.From the opening moments, McMurphy clashes with the authoritarian Nurse Ratched (Olivia Williams), provoking the other patients to rebel, play, and celebrate life beyond the ward’s walls. Pierre’s physicality—alternating between boisterous hugs and a frantic, vulnerable laugh—captures the character’s chaotic charisma.Director Clint Dyer, fresh from his acclaimed 2022 Othello, reshapes the narrative by casting the inmates almost entirely with Black actors. This choice injects a fresh political dimension, turning the patients into “pawns in a system designed to disempower.” Each time Ratched addresses them as “boys,” the line feels like an implicit sneer.While the script does not overtly discuss race—apart from Chief Bromden’s (Arthur Boan) Indigenous background—the production foregrounds the systemic misogyny embedded in both the novel and the 1963 Dale Wasserman adaptation. McMurphy’s mantra, “I fight and fuck,” teeters between liberated individualism and a problematic reclamation of alpha‑male tropes.Olivia Williams, who stepped into the role of Nurse Ratched late in rehearsals, gives the character a “ramrod spine and starched smile.” Her performance underscores the unchecked cruelty of a regime where the doctor (Matthew Steer) is a peripheral, snickering figure, leaving Ratched’s authority unchecked and increasingly vicious.Ken Kesey’s own experience as a government‑run LSD guinea‑pig informs the play’s visceral critique of psychiatry. The production’s lighting, designed by Chris Davey, erupts in scarlet and blue hues that echo the anti‑psychiatry movement of the 1960s, while the depiction of medication, group therapy, and electroconvulsive therapy feels deliberately brutal.Staged in the round at the Old Vic, the audience becomes a “ring of often appalled observers.” Ben Stone’s set design, with its white and pond‑green tiles beneath a soaring ceiling, creates a claustrophobic floor that simultaneously aspires upward—mirroring the characters’ yearning for freedom.The ensemble, led by Giles Terera’s refined Dale Harding, adds subtle layers of tension through nuanced tics and gestures. Dyer bookends the show with a reference to Congo Square in New Orleans, a historic site of Black and Indigenous resistance, framing the play’s cruelty through a lens of cultural resilience—though the production remains largely filtered through a male gaze.The production runs at the Old Vic until 23 May 2026, offering London audiences a bold, politically charged reinterpretation of a classic American drama.
#Aaron Pierre #Old Vic #One Flew Over the Cuckoo’s Nest
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News Apr 16, 2026

Brazil's Federal Police Investigate Flavio Bolsonaro for Defamation Against Lula

Brazil's Supreme Court has ordered an investigation into Flavio Bolsonaro's defamatory statements a…
Brazil's Federal Police have launched an investigation into Flavio Bolsonaro, a right-wing presidential candidate, for allegedly issuing defamatory statements against his election rival, President Luiz Inacio Lula da Silva. The probe was ordered by the Supreme Court's Justice Alexandre de Moraes and relates to posts Bolsonaro published in January.In the posts, Bolsonaro responded to the news of Venezuelan President Nicolas Maduro's abduction by the US with insinuations linking Lula to crimes. He wrote that Lula will be exposed and predicted the collapse of the left-wing alliance known as the Sao Paulo Forum due to scandals including international drug and arms trafficking and money laundering.Brazil's penal code considers defamation a criminal offence, with prosecutors able to seek heightened penalties for defamation against presidents or heads of state. The Federal Police have 60 days to carry out their initial investigation.The development comes as Bolsonaro and Lula are in a neck-and-neck race for the presidency ahead of October's general election. A recent poll showed Lula slightly ahead in the first round with 37% of the vote compared to Bolsonaro's 32%, but Bolsonaro polls slightly ahead in a one-on-one contest.Flavio Bolsonaro, a senator for Rio de Janeiro and the eldest son of former President Jair Bolsonaro, entered the 2026 presidential race with his father's endorsement. He has suggested that seeking his father's freedom would be part of his campaign.
#bolsonaro #lula #his
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News Apr 16, 2026

UN Experts Call for Suspension of Israel Arms Transfers Amid Lebanon Conflict

UN experts have urged member states to suspend arms transfers to Israel, condemning its attacks on …
A group of 19 UN experts has denounced Israel's attack on Lebanon, which occurred a day after the US and Iran agreed on a ceasefire, as illegal and a blatant violation of the UN Charter. The experts are calling on UN member states to halt all arms transfers to Israel while there is credible evidence of serious violations of international humanitarian and human rights law.The condemnation comes as Israel continues to pound areas of southern Lebanon, resulting in at least 16 deaths, including four paramedics, according to Lebanese state media. The experts also expressed concern over the forced displacement of over 1.2 million people and the targeted destruction of homes, particularly in predominantly Shia areas of the south, which they described as a form of collective punishment that points to ethnic cleansing.The UN experts emphasized that Israel's actions constitute crimes against humanity and urged Israel to cease all military operations in Lebanon. The situation has been a point of tension in US-Iran negotiations, with Tehran pushing for Lebanon to be included in the ongoing ceasefire. Israeli Prime Minister Benjamin Netanyahu has stated that Israel will continue to target Hezbollah wherever required, despite diplomatic efforts towards a ceasefire.
#israel #lebanon #experts
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News Apr 16, 2026

Hungary’s New Prime Minister-elect Peter Magyar Targets Media Overhaul and Presidential Resignation Amid EU Funding Deadline

Peter Magyar, prime‑minister‑elect of Hungary’s Tisza party, vows to dismantle the state‑media appa…
Peter Magyar, the prime‑minister‑elect of Hungary’s Tisza (Respect and Freedom) party, announced a sweeping media reform plan as he prepares to form a new government following a historic landslide that ended Viktor Orbán’s 16‑year rule. In a televised interview – his first appearance on state TV in 18 months – Magyar accused the public broadcaster of operating as a “propaganda machine” and pledged to suspend news broadcasts on state media until a new legal framework is enacted. He described the current staff of the public broadcaster MTVA as having worked under “total intimidation and political terror,” and vowed to establish a new media law, an independent media authority, and professional standards that would restore genuine public‑service journalism. During the same appearance, Magyar confronted President Tamas Sulyok, labeling him “unworthy to embody the unity of the Hungarian nation” and demanding his resignation once the new cabinet takes office. Beyond the political overhaul, Magyar faces a pressing fiscal challenge: more than €16 billion ($19 bn) of EU COVID‑19 recovery funding remains frozen over rule‑of‑law disputes, with an end‑of‑August deadline to meet Brussels’ conditions or risk losing the money. The incoming premier said he has already spoken with European Commission President Ursula von der Leyen and will begin informal consultations before the formal government is sworn in in May. Magyar outlined four priority reform areas: anti‑corruption measures, accession to the European Public Prosecutor’s Office, restoration of judicial independence, and the revival of media and academic freedoms. Analysts caution that entrenched Orban loyalists within key institutions could complicate the reform trajectory. These moves signal a decisive break from the previous administration’s media consolidation—where a pro‑Orban conglomerate now controls over 400 outlets—and set the stage for Hungary’s next chapter in both domestic governance and its relationship with the European Union.
#media #magyar #hungary
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