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...
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...
Brian Cornell, CEO, TargetScott Mlyn | CNBCTarget CEO Brian Cornell will meet with President Joe Biden on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers.Cornell is one of about a half dozen business leaders across industries who will offer up their point of...
A long-exposure photo shows a trail left by SpaceX's Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023.ViasatViasat shares rose on Thursday after the company said it expects to meet financial growth targets earlier than expected and that it won't need to replace...
Adam Aron, Chairman of the Board and CEO, AMC Entertainment, listens during the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California.Patrick T. Fallon | AFP | Getty ImagesAMC CEO Adam Aron confirmed on Thursday he was the victim of a blackmail attempt by a New...
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty ImagesDETROIT — The United Auto Workers union launched an unexpected strike against...
A sign displays the types of COVID-19 vaccination doses available at a Walgreens mobile bus clinic on June 25, 2021 in Los Angeles, California.Mario Tama | Getty ImagesWalgreens on Thursday offered soft profit guidance and reported fiscal fourth-quarter earnings that fell short of expectations, as demand for Covid vaccines...