The Latest Breaking News from Mark Parker

The cuts make up about 3% of Disney’s 220,000-person global workforce and come as the company beat Wall Street’s earnings forecasts.

The Walt Disney Co. says it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger

Corporate drama pits chief executive Bob Iger against the veteran activist

"My goal is to work collaboratively with Bob Iger and other directors to take decisive action that will result in improved operations and financial performance," said billionaire investor Nelson Peltz.

Stock futures slip ahead of key inflation data; core prices in focus as December CPI may show headline decline; Disney shares jump as Nelson Peltz pushes for board seat; TSMC higher on record Q4 profits, muted chip sector forecast and KB Home shares slide after Q4 profit miss, uncertain 2023…

Activist investor Nelson Peltz nominated himself to the board of Walt Disney Co. in what could become a highly public debate over Chief Executive Officer Bob Iger’s leadership.

5,000 pages of records detail how female employees were concerned management were unlikely to address concerns

Plus: The authoritarian convergence, inflation up and stocks down, and more...

The assault on 13 January 2021 went unnoticed by sheriff deputies who were down the street during the alleged rape