Paramount indicated that it would still seek to unload Simon & Schuster, despite the Penguin deal falling apart.
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Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel
Iger’s decision marks the swift undoing of one of Chapek’s primary actions during his nearly three-year tenure as Disney CEO.
Continue readingDraftKings says no evidence systems were breached following report of a hack
The company said it has identified less than $300,000 of customer funds that were affected by unusual activity.
Continue readingDisney blindsided Chapek with CEO decision after reaching out to Iger on Friday
Disney’s board reached out Bob Iger on Friday over concerns about the company’s soft earnings report this month.
Continue readingDisney board’s decision to replace Bob Chapek with Bob Iger makes everyone look bad
Disney had just renewed Bob Chapek’s contract in June, and Bob Iger had said publicly he wouldn’t return.
Continue readingNASA’s Orion spacecraft flies by the moon in milestone for Artemis 1 mission
NASA’s Orion spacecraft made its closest approach to the moon on Monday morning during day five of the Artemis 1 mission.
Continue readingStocks making the biggest moves premarket: Best Buy, Dick’s Sporting, Abercrombie & Fitch and others
These are the stocks posting the largest moves before the bell.
Continue readingCramer’s lightning round: I’m sticking with Nvidia
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingNBA Commissioner Adam Silver speaks out against Kyrie Irving’s antisemitic post
In a statement, Silver called the decision to post the video “reckless” and said he will be meeting with Irving in person next week to […]
Continue readingStarbucks U.S. sales climb as customers spend more on pricey drinks
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.
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