As Bob Iger prepares to step down, the Disney CEO used an earnings call to outline a clear vision for his successor: evolution is non-negotiable. With the board nearing a decision, the media giant stands at a pivotal crossroads.
The snack maker reported a 7% rise in adjusted EBITDA to $27 million, driven by early cost savings from its 'Project Apollo' transformation. While sales dipped 5.2% due to a deliberate shift away from low-margin bakery items, management expressed confidence in achieving low single-digit growth for the full fiscal year.
Omar Shakir, HRW's Israel-Palestine director for over a decade, has resigned, claiming the organization's new leadership blocked a critical report on Israel's denial of Palestinian refugees' right of return, which he says amounts to crimes against humanity.
In a major boost for American clean energy infrastructure, LG Energy Solution Vertech and Qcells have solidified a multi-year pact to deploy utility-scale battery storage across Qcells' U.S. project pipeline, underscoring a strategic shift towards domestic manufacturing and supply chain resilience.
The Southern-themed restaurant chain has issued internal guidelines requiring traveling staff to take meals primarily at company locations, a move that has sparked debate over corporate culture and employee autonomy.
JPMorgan Chase expands its Iowa footprint with a new Ames branch, anchoring its arrival with a seven-figure philanthropic package aimed at fueling small business innovation and resilience across the state.
Capri Holdings reports mixed Q3 FY2026 results, with Michael Kors revenue down but showing sequential improvement, while Jimmy Choo posts a 5% gain. The company, now streamlined after the Versace divestiture, outlines a strategic pivot focused on full-price sales, brand storytelling, and debt reduction, forecasting a return to growth next fiscal year.
PayPal Holdings Inc. replaced CEO Alex Chriss with board chair Enrique Lores after a sharp slowdown in its core branded checkout business triggered a steep stock selloff and raised doubts about its competitive edge.
Medtronic moves to acquire CathWorks and its AI-powered coronary artery disease diagnostic system, aiming to solidify its position in the catheterization lab and streamline treatment decisions.
Human rights organizations have condemned Education Minister Owen Nxumalo's reported threat to expel LGBTQ students, warning it could fuel stigma and violence in a nation where same-sex relations are criminalized.
Vera Therapeutics elevates Matt Skelton to Chief Commercial Officer, signaling a strategic shift towards commercialization as its lead drug candidate, atacicept for IgA nephropathy, undergoes FDA Priority Review with a PDUFA date set for July 2026.
Visa and UnionPay International announce a strategic partnership to enable real-time, cross-border payments directly to debit cards in China, targeting one of the world's largest remittance corridors by 2026.
After years of high-stakes drama, false starts, and a brief, turbulent reign, The Walt Disney Company has finally named its next leader. Theme parks chief Josh D'Amaro is set to take the helm, marking the end of Bob Iger's prolonged and interrupted exit and opening a new chapter for the entertainment giant.
Specialty materials leader ATI reports robust Q4 and full-year 2025 results, exceeding guidance on strong demand for proprietary aerospace alloys and defense systems. With a new CFO at the helm, the company projects 16% EBITDA growth for 2026, fueled by long-term agreements and strategic capacity investments.
Jean-Baptiste Santoul, a Ferrero veteran, takes the reins at the newly acquired WK Kellogg, pledging to accelerate growth and navigate the challenges facing the North American cereal market.
FedEx expands its blended sustainable aviation fuel (SAF) program to Dallas-Fort Worth and JFK airports, part of a coast-to-coast push. The move comes as the logistics industry grapples with supply constraints and policy uncertainties that threaten broader adoption of lower-carbon alternatives.
As Disney navigates a transformative deal with OpenAI and intensifying competition, financial experts debate whether the entertainment giant's stock presents a buying opportunity or warrants caution in the current economic climate.
A new report underscores the staggering financial impact of employee turnover, with costs exceeding $45,000 per worker. As a third of employers blame competitive pay for rising churn, a significant gap emerges between worker salary expectations and company budget plans for the coming year.
Italian entrepreneur Marco Marchi's Exelite Group has assumed full control of the Blumarine brand via a master license, marking a pivotal restructuring. The move sets the stage for a strategic expansion, beginning with a Milan Fashion Week show and a new flagship store, as creative director David Koma aims to elevate the label's global profile.
A federal judge has temporarily blocked the Biden administration's plan to end Temporary Protected Status for Haitians, ruling that the Homeland Security Secretary likely acted with 'hostility to nonwhite immigrants.' The decision offers relief to approximately 350,000 individuals facing deportation.
