Activist investor Nelson Peltz wants a seat on Disney’s board, and a proxy fight may be simmering.Story Published at: January 14, 2023 at 01:16PM
A battle between Disney and activist Peltz brews. Here’s how the situation may unfold
Iran executes British-Iranian national despite UK, U.S. pleas
British Foreign Secretary James Cleverly said late on Friday Iran must not follow through with the execution – a call echoed by the U.S. State Department.Story Published at: January 14, 2023 at 08:10AM
CDC says it’s ‘very unlikely’ Pfizer booster carries stroke risk for seniors after launching review
The CDC said one of its monitoring systems detected a preliminary safety signal for stroke in people ages 65 and older who received the Pfizer omicron booster.Story Published at: January 13, 2023 at 11:29PM
‘Flash’ star Ezra Miller avoids jail with plea deal for unlawful trespass in Vermont
Ezra Miller, star of “The Flash,” agreed to a plea deal to avoid jail related to an incident in which they allegedly stole alcohol from a neighbor’s home.Story Published at: January 13, 2023 at 05:42PM
Brian Moynihan says Bank of America expects ‘mild recession’ and is preparing for worse
The CEO’s statement mirrors the earnings report for JPMorgan Chase, whose economic outlook calls for “a mild recession in the central case.”Story Published at: January 13, 2023 at 06:46PM
Four troubling global trade trends flashing consumer weakness for a market already fearing recession
Global trade, manufacturing, and warehouse trends provide a picture of consumer health and the economy. It’s not looking good right now.Story Published at: January 13, 2023 at 05:38PM
Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup reported fourth-quarter earnings on Friday. Here’s how they did. Story Published at: January 13, 2023 at 01:42PM
UK economy ekes out growth in November surprise — but recession still seen as inevitable
A Reuters poll of economists had forecast a 0.2% contraction amid a bleak overall picture for the British economy.Story Published at: January 13, 2023 at 10:06AM
Biden advisor says oil price cap is working as Russia takes economic hit
Amos Hochstein, special presidential coordinator to Joe Biden, told CNBC the G7’s oil price cap had so far “achieved our interest.” Story Published at: January 13, 2023 at 10:04AM
Putin’s military command reshuffle reveals a power struggle at the heart of the Ukraine war
Tension has been mounting in recent months between Russia’s military commanders and Wagner Group leader Yevgeny Prigozhin.Story Published at: January 13, 2023 at 08:29AM