Bob Iger, CEO, Disney, and Brian Roberts of ComcastGetty ImagesComcast and Disney have hired investment banks to value Hulu, the next step in what's been a nearly five-year process to put the streaming service under one owner.Comcast, which owns one-third of Hulu, has hired Morgan Stanley, and Disney, which...
U.S. singer-songwriter Taylor Swift performs during her The Eras Tour concert at SoFi Stadium in Inglewood, California, on Aug. 7, 2023.Michael Tran | Afp | Getty ImagesThe weekend box office (Taylor's Version).Taylor Swift has sold out stadiums worldwide and now she's packing cinemas, with her sights set on a...
Tim Wentworth, former CEO of Express Scripts.David A. Grogan | CNBCIncoming Walgreens CEO Tim Wentworth on Thursday briefly praised the company's pharmacy staff, but made no mention of the three-day protest walkouts they held this week over poor working conditions.The walkouts reflect rising dissatisfaction among pharmacy employees, who have...
Allworth Financial announced that John Bunch will succeed co-founders Scott Hanson and Pat McClain as the wealth management firm’s chief executive. Bunch most recently was chief financial services officer at Evelyn Partners, a UK wealth management and professional services firm. Earlier, he served as chief operating officer and executive vice...
A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., April 7, 2021.Mike Blake | ReutersRecent strikes by Hollywood talent and United Auto Workers union members are a "drag" on business travel demand, which is otherwise...
Members of the Writers Guild of America and the Screen Actors Guild walk a picket line on Day 1 outside NBC Universal in New York City on July 14, 2023. Timothy A. Clary | AFP | Getty ImagesForget about a Hollywood ending for actors and studios — for now.After just...
Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped nearly 6% in midday trading after sharing that it has made progress in its cost-cutting program. The retail pharmacy giant on Thursday missed fiscal fourth-quarter earnings estimates , reporting an adjusted 67...