Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.
Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chairTag: Morgan Stanley
Robinhood launches desktop platform, adds futures and index options trading to app
Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday.
Read More Robinhood launches desktop platform, adds futures and index options trading to appOver 45 Container Ships Stalled Outside U.S. Ports As ILA Strike Enters Third Day
At least 45 container vessels were anchored outside U.S. ports on Thursday as a massive strike by dockworkers stretching from Maine all the way to Texas entered its third day.
Read More Over 45 Container Ships Stalled Outside U.S. Ports As ILA Strike Enters Third DayU.S. Economy Added 142K Jobs In August, Falling Below Expectations
The latest job growth report showed that job additions in August increased but missed economists’ estimates, with the unemployment rate staying nearly the same.
Read More U.S. Economy Added 142K Jobs In August, Falling Below ExpectationsIntel board member quit after differences over chipmaker’s revival plan
The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the U.S. company’s bloated workforce.
Read More Intel board member quit after differences over chipmaker’s revival planReport: 2 Bodies Recovered From Sunken Bayesian Superyacht
Two bodies have been found inside the wreckage of the Bayesian superyacht as divers continue to look for four others who have been confirmed missing since the massive yacht sank off the coast of Italy on Monday.
Read More Report: 2 Bodies Recovered From Sunken Bayesian Superyacht