Disney eliminates metaverse division in cost-cutting purge: report
Disney is shutting down its next-generation storytelling and consumer-experiences unit as part of a plan to slash 7,000 jobs. Source
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Disney is shutting down its next-generation storytelling and consumer-experiences unit as part of a plan to slash 7,000 jobs. Source
There's another worry on the horizon: the looming end of the student loan repayment moratorium. Source
The Consumer Financial Protection Bureau holds Wall Street and big banks accountable. The U.S. Supreme Court must protect it, writes Sen. Sherrod Brown. Source
Walt Disney Co. will begin the process of eliminating 7,000 jobs this week, company Chief Executive Bob Iger says in a memo to staff Monday. Source
A female shooter wielding two “assault-style” rifles and a pistol killed three students and three adults at a private Christian school in Nashville on Monday Source
U.S. stocks closed mostly higher Monday, as bank shares climbed after First Citizens BancShares Inc. agreed to buy failed Silicon Valley Bank’s deposits and… Source
First Citizens BancShares Inc. will assume all loans and deposits of Silicon Valley Bank from the Federal Deposit Insurance Corp., the regulator said. Source
U.S. stocks ended a volatile week higher on Friday, a week that saw the Federal Reserve raise rates another 25 basis points and risks in the U.S. and… Source
Stocks are holding their own, but banking jitters aren't going away. Here's how some investors are coping. Source
Rising bond yields are making equities less attractive for investors, which is bound to end up in billions of those assets being sold this year, estimates… Source