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Disney Taps Theme Parks Veteran Josh D'Amaro as Next CEO, Ending High-Stakes Succession Saga

The Walt Disney Company has named Josh D'Amaro, the architect behind its global parks and experiences empire, as its next chief executive. The 27-year company veteran, set to take the helm in March, faces the monumental task of steering the entertainment titan through the streaming era's turbulence and evolving cultural landscape.

Feb 3, 2026

Business

Disney Names Josh D’Amaro as Next CEO, Tapping Parks Chief to Steer Media Giant Into New Era

The Walt Disney Company has announced Josh D’Amaro, Chairman of Disney Experiences, will succeed Bob Iger as CEO in March. Dana Walden is named President and Chief Creative Officer, as the entertainment behemoth concludes a years-long succession search.

Feb 3, 2026

Business

Profit vs. Pay: A Small Business Owner's Radical Wage Proposal Divides Peers

A home services entrepreneur's plan to slash personal profits to fund significant pay raises for staff has ignited a fierce debate on Reddit's r/smallbusiness, highlighting the complex calculus between generosity, motivation, and sustainable growth.

Feb 3, 2026

Business

Werner Reaches $18 Million Settlement in Landmark Driver Wage Dispute

After an 11-year legal battle, trucking giant Werner Enterprises has agreed to an $18 million settlement, resolving claims from roughly 100,000 drivers over alleged wage and hour violations. The deal, pending final court approval, marks a significant chapter in the ongoing debate over driver compensation.

Feb 3, 2026

Business

DraftKings Moves to Establish In-House Trading Team for Its Prediction Markets

A new job listing reveals DraftKings is actively building an internal market-making operation for its prediction platform, a strategic shift that could boost liquidity but also raises questions about transparency and competitive fairness in the emerging prediction exchange sector.

Feb 3, 2026

Business

Capital One Shares Surge as Diamond Hill Flags Strong Performance Amid Cautious Market Outlook

Diamond Hill Capital's latest investor letter reveals the Large Cap Fund's Q4 2025 results, highlighting Capital One Financial as a key performer despite the fund's overall cautious stance on AI-fueled market rallies.

Feb 3, 2026

Business

Target's New CEO Faces Immediate Test as Immigration Protests Overshadow Corporate Strategy

As Michael Fiddelke steps into the CEO role, Target confronts mounting pressure to address immigration enforcement controversies and community tensions, challenging his stated focus on retail fundamentals.

Feb 3, 2026

Business

Uber Returns to Macau, Betting on Cross-Border Premium Rides to Fuel Growth

Uber has relaunched its ride-hailing services in Macau after a multi-year hiatus, introducing a key cross-border limousine link to Hong Kong. The move tests the company's strategy in a competitive Greater China-linked market and its push into higher-margin services.

Feb 3, 2026

Business

PayPal Shakes Up Leadership: HP's Enrique Lores to Replace Alex Chriss as CEO Amidst Strategic Overhaul

PayPal Holdings Inc. has announced a sudden leadership change, replacing CEO Alex Chriss with board chair and HP veteran Enrique Lores. The move, effective March 1, follows a period of perceived strategic delays and a disappointing quarterly earnings report that sent shares tumbling.

Feb 3, 2026

Business

Cracker Barrel Mandates On-Brand Dining for Traveling Staff Amid Corporate Layoffs

The Southern-themed chain has issued a new directive requiring corporate employees to eat primarily at its own restaurants while on business travel, a move that coincides with recent job cuts at its headquarters.

Feb 3, 2026

Business

Alberta Poised to Launch Competitive iGaming Market, Following Ontario's Lead

Alberta is on the verge of transforming its online gambling landscape by opening the door to private operators, aiming to capture revenue from a thriving grey market and become Canada's second province with a competitive, regulated iGaming sector.

Feb 3, 2026

World

Zelenskiy Accuses Russia of Undermining U.S. Peace Push with Overnight Strikes on Energy Grid

Ukrainian President Volodymyr Zelenskiy condemned Russia's latest wave of attacks on energy infrastructure, calling them a deliberate blow to U.S.-led diplomatic efforts. He vowed to coordinate with Washington on potential consequences.

Feb 3, 2026

World

Prosecutors Seek to Uphold Convictions, Bar Le Pen from Office in Fraud Appeal Trial

French prosecutors have formally requested that an appeals court uphold fraud convictions against far-right leader Marine Le Pen and her National Rally party, seeking to confirm bans that would disqualify her from public office. The move threatens Le Pen's potential 2027 presidential bid.

Feb 3, 2026

World

Johnson Faces Crucial Test as House Votes on Shutdown Bill Amid GOP Dissent

House Speaker Mike Johnson confronts a pivotal procedural vote Tuesday to end the partial government shutdown, navigating a razor-thin Republican majority and internal defiance despite former President Trump's directive against any changes to the funding measure.

Feb 3, 2026

Business

Labcorp Shares Underperform as Diamond Hill Flags Investor Caution in Latest Fund Letter

Diamond Hill Capital's Large Cap Fund underperformed the broader value index in Q4 2025, citing a cautious stance on AI-fueled rallies. The fund identified laboratory services giant Labcorp (LH) as a key detractor, despite solid long-term share gains, highlighting a shift in investor sentiment towards more fundamentally stable businesses.

Feb 3, 2026

Business

Dell Faces Major ERISA Lawsuit as Ex-Employees Allege $318M in 401(k) Losses

A group of former Dell Technologies employees has filed a federal lawsuit accusing the company of breaching its fiduciary duties by retaining underperforming in-house funds in its $14.6 billion retirement plan, allegedly costing participants over $318 million.

Feb 3, 2026

Business

Saks OFF 5TH Slashes Store Count in Strategic Pivot, Shuttering 57 Locations Amid Bankruptcy Restructuring

Saks Global is dramatically scaling back its off-price footprint, closing 57 Saks OFF 5TH stores as part of a Chapter 11 restructuring. The move signals a sharp strategic turn towards full-price luxury retail, leaving just a dozen discount outlets operational nationwide.

Feb 3, 2026

Business

Pfizer Posts Quarterly Loss as COVID Product Demand Wanes, Pivots to Weight-Loss Drugs

Pfizer reported a Q4 loss driven by steep declines in its COVID-19 vaccine and antiviral sales, while highlighting promising early data for a newly acquired GLP-1 weight-loss therapy as it seeks to diversify its revenue stream.

Feb 3, 2026

Business

Musk Revives Dogecoin Moon Mission Promise, But Market Reaction Muted

Elon Musk has hinted that SpaceX could fulfill his long-standing pledge to send Dogecoin 'to the moon' as soon as next year. However, the once-volatile meme cryptocurrency showed little price movement in response, underscoring a shift in its dynamic with the tech billionaire.

Feb 3, 2026

Business

Rippling Bets Big on Super Bowl Debut, Using Tim Robinson's Frantic Humor to Spotlight Workplace Tech Woes

In its first Super Bowl ad, HR and IT platform Rippling taps comedian Tim Robinson to dramatize how fragmented software can derail business ambitions, launching a new brand campaign aimed at mainstream audiences.

Feb 3, 2026