Travelers as flights are cancelled at Ronald Reagan National Airport (DCA) in Arlington, Virginia, US, on Wednesday, Jan. 11, 2023. Nathan Howard | Bloomberg | Getty Images Air travel disruptions eased Thursday, a day after a severe pilot safety alert system failure sparked the delay of close to half of U.S. flights. The Federal Aviation
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In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, chief executive officer of The Walt Disney Co. Patrick T. Fallon | Bloomberg | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s Jim Cramer and David Faber in a wide-ranging interview about why he wants a
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke on CNBC’s “Squawk on the Street” on Thursday, making his case for the fight his firm has picked with Disney, raising issues
In this article NKE DIS Follow your favorite stocksCREATE FREE ACCOUNT The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next chairman. Peltz’s Trian Fund Management confirmed later it had nominated Peltz to Disney’s
A DirecTV technician at an apartment building in Lynwood, Calif. Patrick T. Fallon | Bloomberg | Getty Images DirecTV is laying off hundreds of employees — roughly 10% of its upper ranks — as the company looks to reduce costs amid the heightened pain of cord cutting for pay-TV providers, according to people familiar with
In this article LUV UAL AAL DAL Follow your favorite stocksCREATE FREE ACCOUNT The Federal Aviation Administration lifted its nationwide halt of departing planes on Wednesday morning after a technology outage delayed thousands of flights, but airlines warned the issue will continue to disrupt travel throughout the day. The FAA said early Wednesday domestic departures would be paused until at
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Disney is making some changes at its theme parks this year, prompted by feedback from guests who have complained about rising prices and longer wait times. In a letter
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond has begun its latest round of layoffs, as it fights to stay in business, according
In this article VORB Follow your favorite stocksCREATE FREE ACCOUNT Cosmic Girl, a Virgin Boeing 747-400 aircraft sits on the tarmac with Virgin Orbit’s LauncherOne rocket attached to the wing, ahead of the first UK launch tonight, at Spaceport Cornwall at Newquay Airport in Newquay, Britain, January 9, 2023. Henry Nicholls | Reuters Virgin Orbit
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days