Bob Iger says Disney’s mission is to entertain, not send messages
Disney CEO Bob Iger said his company is not interested in sending messages in its movies and TV shows. In an interview with CNBC on Thursday morning, Iger said Disney’s…
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Ford to delay all-electric SUV to focus on offering hybrid vehicles across its lineup by 2030
Ford Motor is delaying production of a new all-electric three row SUV, as it shifts to offer hybrid options across its entire North American lineup by 2030. The Detroit automaker on Thursday…
Trump’s $175M bond backer is a subprime car loan billionaire who has run afoul of regulators
Providing Donald Trump’s $175 million appeal bond when other insurers wouldn’t is business as usual for California financier Don Hankey. As chairman of the Los Angeles-based Hankey Group of Companies,…
Two plead guilty to insider trading related to Trump Media merger
Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump’s media business public. Michael Shvartsman, 53, head of Miami-based venture…
Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations
Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot…
Disney CEO Bob Iger vanquishes billionaire foe Nelson Peltz in battle over board
Disney CEO Bob Iger on Wednesday fended off an aggressive challenge by activist investors seeking to take the company in a new direction, averting what would have been a stunning…
Tesla shares fall after deliveries drop 8.5% from a year ago
Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries fell 8.5% from the year-ago quarter and about 20% from the fourth quarter. Here are the key…
More than $1 billion in federal tax refunds unclaimed as deadline to file approaches
If you didn’t file a tax return amid the worst of the Covid-19 pandemic and believe you’re eligible for a refund, the Internal Revenue Service wants to hear from you.…
Trump’s deals to sell Bibles, sneakers and perfume are unprecedented for a presidential candidate, experts say
Sneakers. Perfume. Trading cards. Bibles. Those are just some of the products Donald Trump is hawking while he runs to unseat President Joe Biden. They join a sprawling catalog of Trump-branded merchandise, ranging…
Trump Media auditor warns that losses threaten the company’s ability to stay in business
An auditor has raised doubts about the ability of former President Donald Trump’s publicly traded company to stay in business, according to a new regulatory filing. Trump Media and Technology…