Fights in the House of Mouse
Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (right) perform during a press preview for the “Minnie Besties Bash!” parade at Tokyo Disneyland on January 17,…
Wariness over rate cuts lingers
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March…
Black ABC News staffers pressed Iger about Kim Godwin’s treatment: report
Disney CEO Bob Iger got an earful from African American staffers at ABC News over the parent company showing a lack of support for embattled division chief Kim Godwin, according…
Is progress on inflation stalling?
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our…
White House fury at Chase CEO Jamie Dimon for backing MAGA
Jamie Dimon, CEO of America’s largest bank JP Morgan Chase, has been iced out of the White House’s good graces after apparently endorsing Republican policies and calling Donald Trump “kind…
$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source
A $3 billion bet on Walt Disney by Nelson Peltz’s Trian Fund Management was largely responsible for the investment management firm’s underperformance last year compared to its activist hedge fund…
Disney tells shareholders to reject Nelson Peltz, other activists’ nominees to board
Walt Disney said Tuesday it “does not endorse” the candidates nominated by activist shareholders in a preliminary proxy filed with the Securities and Exchange Commission. Disney Chief Executive Bob Iger,…
Warner Bros. Discovery CEO David Zaslav’s lifeline to Paramount’s Shari Redstone not enough amid merger talk
Merger talks between David Zaslav of Warner Bros. Discovery and the people over at Paramount are at a “very early stage,” I am told. So is the air of desperation…
Elon Musk has a big X on his back as Bob Iger pulls ads from platform
Bob Iger needs all the friends he can get, given what’s on his plate as CEO of the increasingly unstable House of Mouse. Consider: Activist investors are swirling, his stock…
Inside story of Iger and Chapek
Illustration by Elham Ataeiazar After pushing back his retirement four times, Bob Iger finally made the leap. On Feb. 25, 2020, he announced he would step down as Disney’s CEO.…