Business

Netflix took the crown and got the number one spot on Morgan Stanley's sixth annual survey for the video streaming industry. Netflix's original content draws more subscribers and retain existing ones.

U.S. energy giant Peabody filed for Chapter 11 bankruptcy last Wednesday. The company had to declare its inability to pay its $10.1 billion debt following low energy sector and drastic plunge of coal price.

San Francisco treasury requires Uber and Lyft drivers to register as business contractors and pay an annual fee of $91. Letters were sent to the 37,000 drivers informing them to comply or else.