Disney investors have long been wary of the company’s media business, which has historically been seen as a burden. The narrative surrounding Disney’s financial performance has been dominated by streaming losses, declining traditional pay TV revenue, and box office failures. This has led to a stagnation in stock price, with shares falling about 24% over
Business
Disney has recently announced that it will be raising prices on its streaming platforms starting in mid-October. Most plans for Disney+, Hulu, and ESPN+ will see an increase of $1 to $2 per month. The most expensive Hulu plans, which include live TV, will have a significant increase of $6 per month. Additionally, Disney+ basic
JPMorgan Chase, the first bank to have branches in all 48 contiguous states, is now aiming to expand its reach to smaller cities and towns across the country. This ambitious new goal forms part of the firm’s multibillion-dollar branch expansion plan, which focuses on ensuring that bank coverage is within an “accessible drive time” for
Tadge Juechter is a name synonymous with the iconic Chevrolet Corvette. His career at General Motors spanned nearly 47 years, during which he played a pivotal role in shaping the future of the Corvette brand. As the “godfather” of the modern Corvette, Juechter’s influence is undeniable, culminating in the recent unveiling of the 2025 Chevrolet
The recent Summer Olympics in Paris brought a fresh perspective to viewers in the U.S. Millions tuned in to catch the action and were pleasantly surprised to find hip-hop artist Snoop Dogg playing a significant role in the coverage. Since the opening ceremony, Snoop Dogg has been seen engaging with athletes, their families, and even
In a groundbreaking move, Morgan Stanley announced on Friday that they will be permitting their financial advisors to offer bitcoin ETFs to eligible clients. This decision sets them apart as the first major Wall Street bank to take such a bold step in the world of digital assets. This move signifies a significant shift in
In a recent late-stage trial, Eli Lilly’s weight loss drug Zepbound has shown promising benefits for patients with heart failure and obesity. This adds to the growing body of evidence that GLP-1 drugs like Zepbound may have broader health benefits beyond weight loss and blood sugar regulation. The results of the phase three trial are
Recently, Washington, D.C. Attorney General Brian Schwalb filed a lawsuit against the online ticket exchange platform StubHub. The lawsuit accuses StubHub of engaging in deceptive and unfair pricing practices. According to the attorney general, StubHub intentionally advertises low ticket prices to attract consumers, only to reveal significantly higher prices during the checkout process. This misleading
Spirit Airlines, long known for its budget-friendly approach to air travel, has recently announced a major shift in its ticket offerings. The Florida-based carrier has revealed plans to introduce new ticket packages for its highest-priced tickets, bundling in various perks that were previously only available as add-ons. This strategic move comes as the airline faces
McDonald’s executives are facing a tough reality as they acknowledge that diners consider the company’s prices to be too high. This revelation comes at a time when lower-income consumers are hesitant to spend due to years of high inflation. During the company’s recent second-quarter earnings call, executives admitted that they are currently evaluating their pricing