Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
Sectors
US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks
Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.
Denmark Set to Remove 1,000 Crown Banknote From Circulation
Denmark is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation. Denmark, a nation where cash transactions have become increasingly rare, is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation by May 2025.
Germany's Unemployment Rate Rises to Highest Since 2021
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Latest News
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
When we think of entrepreneurs, we think of visionaries. We think of risk-takers who can handle a great deal of pressure. They are smart, resilient individuals who will push the envelope. Those descriptions definitely fit Silver Koi co-founders Claire Chen and E. Choi. They exude all those characteristics and are using them to conquer the challenges of the NFT world.
General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.
SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny. SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny.
Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
Dallas Mavericks owner Mark Cuban is now in talks to sell a majority stake in the NBA franchise to the family behind the Las Vegas Sands casino company.
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Amazon has unveiled its latest venture into the world of artificial intelligence (AI) by introducing a new chatbot called Q.
Disney's new film "Wish" did not shine during the Thanksgiving holiday weekend, failing to meet box office analysts' expectations.
