Disney Hits Back at Activists With Stronger Streaming Performance, New Sports Offering
The entertainment giant pared its direct-to-consumer losses, is investing in ”Fortnite” maker Epic Games and struck a deal with rivals...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
How You Stream Sports Is About to Be Transformed by a Blockbuster Media Deal
Disney’s ESPN, Fox and Warner Bros. Discovery are starting a new sports-streaming venture that aims to make life easier for...
Barratt Announces Redrow Buyout
Barratt Developments has agreed to buy smaller housebuilder Redrow for £2.5 billion in an all-share deal. Source link
ESPN, Fox and Warner Team Up to Create Sports-Streaming Platform
The new service will be available as a stand-alone app, and to Max, Hulu and Disney+ subscribers as part of...
Freeport-McMoRan Names Kathleen Quirk Next CEO
The appointment will be effective at the annual meeting of shareholders on June 11, the company said. Source link
DocuSign to Cut About 6% of Jobs
DocuSign said it plans to cut about 6% of its workforce in the latest round of layoffs to hit the...
BP Beats Expectations; Boosts Buyback
BP posted a higher-than-expected annual profit, joining others in the sector in showing resilience despite volatile energy prices, but its...
America Wanted a Homegrown Solar Industry. China Is Building a Lot of It.
China’s biggest solar companies are expanding in the U.S., where they will reap generous government subsidies. Source link
J&J Accused of Mismanaging Its Employees' Drug Benefits
The novel lawsuit by a J&J worker alleges employees overpaid for some drugs. Source link
CNN Revamps Its Morning Lineup
Kasie Hunt’s ‘Early Start’ will run from 5 a.m. to 7 a.m. under the ‘CNN This Morning’ brand. Source link
How the Funeral Industry Got the FTC to Hide Bad Actors
Mortuaries that violate fair-practices rules are allowed to take a remedial training program that shields their names from public scrutiny;...
The Copycats Are Coming for China's Hit Brands
Companies have attracted copycats and trademark squatters as they become household names in other countries. Source link
Burritos and Big Macs to Cost More in California as Pay Rises
The minimum wage for fast-food workers is set to climb to $20 an hour in April, and restaurant chains are...
Russia's Planes Keep Breaking Down as Sanctions Bite
A surge in aviation-safety incidents shows how Western sanctions are hindering Russia’s ability to source spare parts and conduct proper...
Big Brands Are Playing the Long Game in China
Apple, Mondelez and Procter & Gamble are bullish on consumer spending growth in China despite recent economic turmoil there. Source...
The Money and Drugs That Tie Elon Musk to Some Tesla Directors
Board members have reaped hundreds of millions from stock awards and separate investments, even as some have done drugs with...
America's New Cable-TV King Almost Gave Up on Television
Charter tops Comcast as the No. 1 pay-TV provider by subscribers, months after hinting it may exit the business. Source...
Tesla Recalls Millions of Vehicles Amid Probe of Autopilot Crashes
The affected vehicles will receive an over-the-air software remedy, Tesla said, the latest in a series of setbacks to hit...
Joe Rogan Gets New Spotify Deal Worth Up to $250 Million
Rogan’s hit show is set to be distributed broadly, including on YouTube, rather than exclusively on Spotify. Source link
A Lawyer Explains How He Beat Elon Musk
Greg Varallo let the witness ramble. The trial cost Musk his $55 billion pay package. Source link
