(CNN)- Earlier this morning, Malaysia's Sovereign Wealth Fund announced that it plans to take Malaysia Airlines off the stock market. This is in a bid to restructure the troubled airline. Malaysia's state investor submitted a proposal to the airline's board of directors to delist the company. Under the plan, minority shareholders will be bought out for a 12.5 percent premium from Thursday's closing price. Shares were suspended on Friday. Malaysia Airlines was already in big financial trouble before the disasters of flight 370 and flight 17 claimed the lives of 537 people.
(CNN)- If you are in the market for a new car, now might be the time to buy one. According to TrueCar research, August might be the best month to buy a car. Historically, they say this month tends to have the lowest average sale price at around 30,000 dollars. That is because dealers are trying to move out their old inventory to make room for new models and can give you a better deal. TrueCar says the first two days of any month are also good times to buy cars.
(CBS)- It looks like Netflix has some new bragging rights. The online video service announced it has slightly surpassed HBO in subscriber revenue, earning 1.146 billion dollars last quarter to the cable network's 1.141 billion. Netflix's CEO tweeted the news Thursday, but conceded that his company still falls behind in profits and Emmys.