Tag Archives: upheaval

What’s old is new again at Disney (DIS) — Bob Iger is officially back as CEO. In a shocking turn of events, the media giant announced late Sunday that Iger will return to lead the company as its chief executive officer, effective immediately. Iger replaces Bob Chapek, who has stepped down from his position after less than three years on the job. Iger spent more than four decades at Disney, including 15 years as its CEO. According to the company, Iger will serve as CEO for two years, with a… Source link

What’s old is new again at Disney (DIS): Bob Iger is officially back as CEO. In a shocking turn of events, the media giant announced late Sunday that Iger will return to lead the company as its chief executive officer, effective immediately. Iger replaces Bob Chapek, who has stepped down from his position after less than three years on the job. Iger spent more than four decades at Disney, including 15 years as CEO. According to the company, Iger will serve as CEO for two years, with a mandate… Source link

The job market is still hot, but other markets are not. Stocks staged spastic swings this week, soaring on May 4 amid optimism about interest rates, then plunging as investors remembered there’s an array of other risks. The S&P 500 index is down nearly 14% in 2022, while the tech-heavy Nasdaq is down 22%. It’s turning into a lousy year for stocks. Mortgage rates have surged to 5.3%, an increase of two-and-a-half points in just 8 months. They’re now at the highest levels since 2010. This… Source link

Google Pay is apparently just as much a disaster internally as the app transition has been externally. That’s the big takeaway from a recent Business Insider article detailing an exodus of executives from Google’s payment division, lower-than-expected app adoption, and employees frustrated with the slow movement of the division. Business Insider spoke with ex-employees and learned that “dozens of employees and executives have left” the… Source link