Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.
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Macy’s hasn’t closed 150 stores yet. But Target, Kohl’s CEOs already smell opportunity
Macy’s closures of about 150 stores could put up to $2 billion in annual sales up for grabs for other retailers.
Continue readingBally’s shareholders wage battle over ownership, ‘unfunded development projects’
Key investors are fighting back against Bally’s Chairman Soo Kim, and his offer to buy the casino company and take it private.
Continue readingHealth insurer stocks slide as final Medicare Advantage rates disappoint
The rate adds more pressure on insurers already grappling with high medical costs and uncertainty after the cyberattack on UnitedHealth Group’s tech unit.
Continue readingWhy streamers are shrinking their content libraries
Data from Fandom suggests where the major streaming platforms are best poised to specialize based on current viewership.
Continue readingDisney’s cinematic drought may have opened a door for activist investor Peltz
Other than “Avatar: The Way of Water,” Disney has not had a movie generate more than $1 billion since the last Star Wars movies in […]
Continue readingHyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
The reassessment comes amid slower-than-excepted adoption of EVs, as well as the Biden administration revising emissions rules.
Continue readingAltimmune says weight loss drug minimized muscle loss in trial results that may set it apart
The results are a sign that Altimmune can address an area of concern around weight loss drugs, which is that they shrink critical muscle mass.
Continue readingNovo Nordisk’s $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests
Researchers found Novo Nordisk’s Ozempic could be manufactured for an estimated 89 cents to $4.73 for a month’s supply, figures that include a profit margin.
Continue readingLargest U.S. sportsbooks join forces to tackle problem gambling
FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 will form the Responsible Online Gaming Association.
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