In early 2023, CEO Bob Iger announced that 7,000 jobs would be cut across the company as part of a broader plan to slash ...
The Walt Disney Co. moved to a loss in its second quarter, hampered by restructuring and impairment charges, but its adjusted ...
U.S. stock markets were set to open in the green on Monday, continuing their positive streak after last week’s weaker-than-expected jobs report, which boosted the prospects of an interest-rate cut ...
The gains came on the back of good earnings and a weaker than expected jobs report for the month of April which once again ...
Palantir posts better-than-expected first-quarter earnings, Walt Disney raises fiscal-year guidance, Lucid sales get a boost ...
Disney's Q2 financial results showed a loss due to restructuring, but adjusted profit exceeded expectations. Its streaming segment turned a profit, with Disney+ subscribers increasing. Theme parks ...
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker's efforts to expand its key brands.
Meanwhile, the Reserve Bank of Australia on Tuesday kept the official cash rate unchanged at a 12-year high of 4.35%, as widely expected. Policymakers also projected inflation to align with the target ...
Fitness giant Peloton announced on Thursday that it is cutting 15% of its staff worldwide or about 400 employees, and CEO ...
U.S. stock markets are headed for a muted opening on Tuesday, appearing to cool off after a rally sparked by a weaker-than-expected jobs report that strengthened ... 90% chance that the Federal ...
HONG KONG (Reuters) -Two Chinese companies and JPMorgan have become the latest banking groups to cut jobs in China as a slow ...
It’s the first financial report since shareholders rebuffed efforts by activist investor Nelson Peltz to claim seats on the company board last month, standing firmly behind Iger as he tries to ...