Disney's board of directors has unanimously appointed Josh D’Amaro as the company's next CEO, with Dana Walden named President and Chief Creative Officer. Chairman James Gorman calls the succession plan a 'clean' and deliberate process, marking a strategic reset for the entertainment giant.
Arabica and robusta coffee futures tumbled to multi-month lows this week, pressured by favorable rains in Brazil's key growing region and rising exports from Vietnam, signaling a potential shift in global supply dynamics.
A U.S. fighter jet shot down an Iranian Shahed-139 drone that approached the USS Abraham Lincoln in international waters, as separate Iranian forces harassed a commercial tanker in the Strait of Hormuz, escalating regional tensions.
A U.S. fighter jet shot down an Iranian drone approaching the USS Abraham Lincoln in the Arabian Sea, marking a second maritime confrontation in one day. Despite escalating tensions, diplomatic channels remain open with talks scheduled for later this week.
After two transformative decades, Disney CEO Bob Iger sets his retirement date, paving the way for Experiences division chief Josh D'Amaro to take the helm in 2026, as the entertainment giant navigates a pivotal transition.
Internal documents reveal Paramount+ is planning a major strategic shift, dubbed 'Project Eagle,' to aggressively compete with TikTok and YouTube by prioritizing short-form and user-generated content. The move echoes controversial changes at Instagram and Disney+, raising questions about subscriber backlash and platform identity in an increasingly homogenized streaming landscape.
Darden Restaurants announces the closure of its Caribbean-themed chain Bahama Breeze, with remaining locations to be converted or shut down, marking the end of a 30-year run in the casual dining sector.
Saks Global announces a dramatic reduction of its off-price chain, shuttering 57 Saks OFF Fifth locations as part of a broader restructuring under Chapter 11 bankruptcy protection.
In one of his last interviews, the late Berkshire Hathaway vice-chairman distilled a lifetime of investing wisdom: getting rich only has to happen once, but the initial climb is the most arduous. We explore the strategies to master that crucial first step.
Crude oil and gasoline futures reversed early losses to trade higher Wednesday, buoyed by a weaker U.S. dollar and persistent geopolitical risks in the Middle East. Gains were tempered by hopes for diplomatic talks and increased supply from Venezuela.
Despite over 11,000 Israeli violations of a 2024 ceasefire and a mounting civilian toll, Hezbollah has launched only one retaliatory strike in 14 months. Analysts point to the group's severe military degradation and political isolation as key factors behind its unprecedented restraint, suggesting a major response is likely only if Iran faces an existential threat.
The White House confirms diplomatic engagement with Iran remains on schedule this week, even as a U.S. F-35C fighter jet shot down an Iranian drone near an American carrier in the Arabian Sea, underscoring the fragile balance between dialogue and military posturing.
Syrian government security forces have deployed in the Kurdish-held city of Qamishli, implementing a U.S.-backed agreement to reintegrate the region under Damascus's control, amid mixed local reactions and heightened tensions in neighboring areas.
Investment firm Bernzott Capital Advisors has significantly increased its stake in Silgan Holdings, a leading global packaging supplier, viewing the stock's recent 20% decline as a buying opportunity amidst broader market challenges.
Woodside Energy Group's stock has climbed nearly 6% in the past month, closing at A$25.06. Yet, a deeper financial analysis suggests the energy giant may be trading at a significant discount to its intrinsic value, presenting a potential opportunity for value-focused investors.
Amid a surprising surge in early filings, financial experts are re-evaluating the conventional wisdom of delaying Social Security. For many, claiming benefits at 62 isn't a mistake—it's a strategic necessity.
ONEOK's board has approved a higher quarterly dividend and appointed two new independent directors, signaling a focus on shareholder returns and governance. However, the stock's recent performance remains turbulent, raising questions about its valuation and future growth prospects.
Cathie Wood's Ark Invest has significantly increased its holdings in key crypto-related companies, including Coinbase and BitMine, during a sharp market downturn, signaling a contrarian bet on the sector's future.
Shares of energy services provider TETRA Technologies (NYSE: TTI) have soared over 180% in the past year, culminating in a recent multi-month rally. As the stock hovers near $12, analysts and investors are divided on whether its current price reflects future growth or has overshot fair value estimates.
Despite a brutal market reaction to its leadership change, PayPal's massive cash reserves and aggressive share repurchase plan are drawing comparisons to successful corporate turnarounds, suggesting current weakness may be a long-term opportunity.
