Apr 17, 2017

Netflix's subscriber growth slows

Elise Amendola / AP

Netflix, which has been heavily banking on its original content like "House of Cards" and "Orange Is the New Black" to drive its streaming business, saw a slowdown in subscriber growth in the first quarter of 2017. Netflix added nearly five million total subscribers in the first three month of the year, significantly fewer than the record seven million it added the previous quarter.

Q2 forecast: With that said, Netflix expects to get back on track next quarter as far as its annual goals, calling these quarterly variations "mostly noise in the long-term growth trend and adoption of internet TV."

Why it matters: So far, the most important aspect of Netflix's quarterly results has been its subscriber growth—it's how the company reassures investors that it can continue to make more money.

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House passes bill to make lynching a federal hate crime

Photo: Aaron P. Bauer-Griffin/GC Images via Getty Images

The House voted 410-4 on Wednesday to pass legislation to designate lynching as a federal hate crime.

Why it matters: Congress has tried and failed for over 100 years to pass measures to make lynching a federal crime.

This year's census may be the toughest count yet

Illustration: Eniola Odetunde/Axios

Community leaders are concerned that historically hard-to-count residents will be even harder to count in this year's census, thanks to technological hurdles and increased distrust in government.

Why it matters: The census — which will count more than 330 million people this year — determines how $1.5 trillion in federal funding gets allocated across state and local governments. Inaccurate counts mean that communities don't get their fair share of those dollars.

Live updates: Coronavirus spreads to Latin America

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

Brazil confirmed the first novel coronavirus case in Latin America Wednesday — a 61-year-old that tested positive after returning from a visit to northern Italy, the epicenter of Europe's outbreak.

The big picture: COVID-19 has killed more than 2,700 people and infected over 81,000 others. By Wednesday morning, South Korea had the most cases outside China, with 1,261 infections. Europe's biggest outbreak is in Italy, where 374 cases have been confirmed.

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