Walt Disney Co.’s DIS, +0.81% board of directors on Wednesday announced it has elected independent director Mark Parker as chairman. Parker, a seven-year member of Disney’s board and executive chairman Read more
Tag: Mark
FTX bankruptcy is ‘somebody running a company that’s just dumb-as-f___ing greedy,’ says Mark Cuban
Billionaire Dallas Maverick’s owner Mark Cuban recently offered his perspective on the implosion of crypto platform FTX late this week. “‘That’s somebody running a company that’s just dumb-as-fucking greedy.’” — Read more
Senate Democrat Mark Kelly projected to have won re-election in Arizona
PHOENIX (AP) — Democratic Sen. Mark Kelly won his bid for reelection Friday in the crucial swing state of Arizona, defeating Republican venture capitalist Blake Masters to put his party Read more
Oil prices mark first gain in 4 sessions as a modest slowdown in U.S. inflation helps weaken the dollar
Oil futures ended higher on Thursday for the first time in four sessions, as U.S. data revealed signs of easing inflation, prompting a pullback in the dollar and raising the Read more
Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says ‘I take responsibility’
Massive layoffs at Meta Platforms Inc. began Wednesday, offering a slight boost to the social-media company’s beaten-down stock. Chief Executive Mark Zuckerberg told employees that he planned to lay off Read more
Phillies tie World Series mark with five home runs in Game 3 win over Astros
The Phillies are two wins from the title after matching a World Series record with five home runs in a 7-0 battering of the Astros on Tuesday in Game 3 Read more
Here’s a theory on why economists missed the mark on inflation — and why the Fed may still be getting it wrong
Most of the economics profession, from the Federal Reserve on down, got it wrong on inflation. So the question of why they were wrong is an important one, not just Read more
AT&T stock surges toward best day since 2020 as earnings mark a ‘step forward’
Shares of AT&T Inc. were up more than 9% in morning trading Thursday after the telecommunications company topped profit expectations and posted another quarter of sizable subscriber gains. The company Read more
Opinion: Mark Zuckerberg’s massive bet on virtual reality is about to meet actual reality, and it won’t be pretty
Mark Zuckerberg is targeting corporate users with Meta Platforms Inc.’s costly new virtual-reality headset, but even if the Meta Quest Pro did appeal to remote workers, the timing could not Read more
U.S. gains 263,000 jobs in September to mark smallest gain in 17 months
The numbers: The increase in new U.S. jobs in September slowed to a 17-month low of 263,000, reflecting ongoing labor shortages and gradually waning demand for new workers as talk Read more