Disney (DIS) CEO Bob Iger is back — and so are the company’s in-office requirements. According to an internal memo obtained by Yahoo Finance, Iger told Disney’s hybrid employees they will be required to be in an office at least four days a week beginning March 1. Monday through Thursday will be the preference for in-person workdays. CNBC first reported the circulation of Iger’s memo. “As I’ve been meeting with teams throughout the Company over the past few months, I’ve been reminded of… Source link
Read More »Bivalent booster shots were ‘tremendous’ in lowering hospitalization rates, doctor says
As the holiday season approaches, COVID cases are on the rise once again around the world. Globally, there have been more than 654 million COVID cases, with more than 15 million recorded in the last 28 days, according to the Johns Hopkins Coronavirus Resource Center. The U.S. is nearing an overall total of 100 million cases, with more than 1.5 million cases seen over the last 28 days. Despite this uptick, one NYC-based physician is optimistic about how the U.S. will fare throughout the winter,… Source link
Read More »GM CEO Mary Barra details the ‘tremendous opportunity’ in China
Despite hiccups with supply shortages and COVID-related shutdowns, General Motors (GM) CEO Mary Barra is bullish on the China marketplace. “We still think there’s tremendous opportunity there,” Barra said at Yahoo Finance’s All Markets Summit in an interview with Editor-in-Chief Andy Serwer. GM reported a bounceback in China sales for Q3 of this year, where it sold 629,900 vehicles, up about 1% from a year ago. While that doesn’t sound like much, sales dropped a whopping 35% in Q2 due… Source link
Read More »Record revenue on ‘tremendous demand,’ CEO says
Delta Air Lines reported record revenue in the third quarter, and CEO Ed Bastian attributed the “tremendous demand” to business performance to a shift of consumer dollars from goods to services. “Consumers are prioritizing investing in themselves, experiences and services, rather than buying things” Bastian told Yahoo Finance. Comparing the Q3 report to consensus estimates compiled by Bloomberg: Adjusted net income: $966 billion (including a $35 million impact from Hurricane Ian) vs $994… Source link
Read More »LaMelo Ball has shown ‘tremendous’ growth this season
Charlotte Hornets guard LaMelo Ball, during the first half of the season, emerged as one of the top rookies and a huge reason for that success is the improvements made seemingly every night on the court. The play of Ball this season has forced many to change their opinion of his overall game. While fans have had to change course, players themselves have also had to do the same with Golden State Warriors forward Draymond Green the latest to offer praise to Ball. Ball, through 36 games played,… Source link
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