Disney answers activists with gaming investment, ESPN streaming plans
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on…
Day: February 7, 2024
NYCB shares end higher as new executive chair seeks to bolster confidence
By Niket Nishant and Lewis Krauskopf (Reuters) -Shares of New York Community Bancorp closed higher on Wednesday after the lender…
Ackman launches cheaper hedge fund aimed at wider investor pool
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire hedge fund manager William Ackman is launching a new investment portfolio in the…
Oil climbs on US fuel stocks draw, geopolitical tensions
By Georgina McCartney HOUSTON (Reuters) -Oil prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall…
Ford slows EVs, sends a truckload of cash to investors
By Joseph White and Nathan Gomes DETROIT (Reuters) -Ford Motor shares jumped on Tuesday after the automaker said it will…