Walt Disney Co. Chief Executive Bog Iger abruptly stepped down Tuesday, sending shock waves throughout Hollywood, Wall Street and Silicon Valley. Bob Chapek, who has served as chairman of Disney Parks, Experiences and Products since its creation in 2018, was named Iger’s successor, effective immediately. Chapek’s jolting promotion, which sent …
Read More »What Apple, P&G, Walmart and other U.S. companies are saying about the coronavirus outbreak
COVID-19, the disease caused by the new coronavirus that was first identified late last year in Wuhan, China, has been a dominant theme in the earnings releases and conference calls of S&P 500 companies as investors press for answers on how it will impact their financials. A FactSet search of …
Read More »Market Snapshot: A pause after the plunge? U.S. stock futures rise, suggesting Tuesday gains
Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73% rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84% gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …
Read More »Here’s everything coming to Netflix in March 2020 — and what’s leaving
Netflix Inc. viewers, perhaps inspired by the big Oscar wins by “Parasite,” will get a chance to brush up on their appreciation of subtitles as a selection of international series launch in March 2020. Those include Season 3 of Germany’s period mystery “Babylon Berlin” (March 1, after its original Feb. …
Read More »The Margin: Ocasio-Cortez after getting criticized for wearing a $232 dress in TV appearance: ‘I rent, borrow and thrift my clothes’
The New York Post completely owned the Alexandria Ocasio-Cortez beat this weekend, as BuzzFeed’s Tom Gara pointed out: NY Post having an extremely normal one pic.twitter.com/rvOsHy5xYS — Tom Gara (@tomgara) February 22, 2020 In total, the Post posted 12 separate stories on the New York congresswoman on Saturday alone, according …
Read More »What’s Worth Streaming: Here’s what’s worth watching in March 2020: ‘Ozark,’ ‘Making the Cut,’ ‘Little Fires Everywhere’ and more
Time to splurge. While March doesn’t have a huge volume of new series and movies (Netflix excepted), it seems almost every streaming service has one or two or three high-quality, highly promising and star-studded new offerings — and budget-minded consumers might have to face the fact that if they want …
Read More »In One Chart: The ugly side to the booming U.S. economy, in one telling chart
Low unemployment rates, rising wage growth, a relentless bull market — by many measures, the good times are rolling. Just ask President Trump, who is glad to take credit for “the greatest economy in our nation’s history.” But there is an ugly side to this boom that you obviously won’t …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. My husband watches TV all day while I cook and clean. He …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. Berkshire Hathaway posts $ 29.2 billion quarterly earnings and holds $ 128 …
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