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Category: Business

Disney's Chief Executive Officer Bob Iger holds a news conference at Shanghai Disney Resort as part of the three-day Grand Opening events in Shanghai, China, June 15, 2016. REUTERS/Aly Song/File Photo

Disney CEO Iger promises 2026 exit, says ABC not for sale

November 29, 2023 – 9:41 PM UTC LOS ANGELES (Reuters) – Walt Disney (DIS.N) Chief Executive Bob Iger said on Wednesday he…

Read More Disney CEO Iger promises 2026 exit, says ABC not for sale
Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholson/File Photo

After Munger’s death, Berkshire succession comes into focus

The death of Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate’s lone investing legend.

Read More After Munger’s death, Berkshire succession comes into focus
An employee hiring sign is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US economy grows 5.2% in third quarter; higher interest rates sapping momentum

The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.

Read More US economy grows 5.2% in third quarter; higher interest rates sapping momentum
The Walt Disney Company CEO Bob Iger attends the Nominees Luncheon for the 95th Oscars in Beverly Hills, California, U.S. February 13, 2023. REUTERS/Mario Anzuoni/File Photo

Disney CEO Bob Iger says company is ready to start building

Walt Disney CEO Bob Iger told employees he faced a “myriad of challenges” upon returning to the company.

Read More Disney CEO Bob Iger says company is ready to start building
Shoppers crowd a Walmart store ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. REUTERS/Kamil Krzaczynski/File Photo

US Thanksgiving weekend sales hit record $38 bln on big discounts – report

Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.

Read More US Thanksgiving weekend sales hit record $38 bln on big discounts – report
A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US new home sales fall more than expected in October

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability.

Read More US new home sales fall more than expected in October

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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