Activist Investor Buys Stake in Disney and Pushes for Changes
Third Point, the firm founded by billionaire investor Dan Loeb, has bought back into Disney and proposed a spinoff of ESPN, takeover of Hulu and new board members.
Third Point, the firm founded by billionaire investor Dan Loeb, has bought back into Disney and proposed a spinoff of ESPN, takeover of Hulu and new board members.
The coffee chain, which has filed numerous complaints about procedural issues, asked the National Labor Relations Board to investigate allegations of misconduct during a union vote.
Conventional employment opportunities abound, but online platforms still have appeal — for flexibility or additional income.
A set of weak economic data and unexpected interest rate cuts in China led to a sharp sell-off, driven by concerns over sluggish demand in the world’s biggest oil importer.
A public weary of virus precautions pushed up consumption of goods and services, but the longer-term picture is uncertain as the global economy weakens.
The author of the “Harry Potter” books was threatened on Twitter after she posted condolences for the novelist Salman Rushdie, who was stabbed on Friday in western New York.
Fears of pointless consumerism were no match for the joy and relief our gear provided.
National security concerns over the Chinese-owned viral video app remain unresolved. Lawmakers and regulators are increasingly pushing for action.
The giant oil producer said it earned nearly $50 billion last quarter, the latest energy company to record outsize profits after the surge in crude prices since Russia’s invasion of Ukraine in February.
The surge of readers has buoyed a part of the digital media world that has gradually declined in recent years.