Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

BOB SWAP – Disney CEO swap rocks entertainment industry

Published

1 year ago

on

The former CEO of Disney was re-appointed in the same job

Previous CEO Bob Chapek came under fire for his management of the world’s largest entertainment company

Iger has previously said he wouldn’t return to the role but after shares in the entertainment giant have fallen by over 40 per cent this year – hitting record lows.

Iger is back for at least 2 more years.

The company wrote in a statement “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic”

READ MORE: Bob Iger returns to fix his big Disney mess

The dramatic come back comes 11 months after Iger left the company, and days after Chapek said he planned to cut costs at the company.

Iger is a widely respected and liked figure at Disney.

He oversaw its deals to acquire Pixar, Lucasfilm and its “Star Wars” properties and Marvel – all of which have become multi-billion-dollar assets for Disney.

Related Topics:
Continue Reading

Money

Why the meme-stock frenzy is unlikely to repeat

Published

1 day ago

on

May 14, 2024

By

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Continue Reading

Money

Why are airlines after the Biden Administration?

Published

1 day ago

on

May 14, 2024

By

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Continue Reading

Money

The mounting pressure on Government spends

Published

2 days ago

on

May 13, 2024

By

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

Continue Reading

Trending Now