In this article PTON Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Co-founder and former CEO John Foley resigned from his position as executive chairman of the board
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In this article DIS Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ago. In a tweet Sunday morning, the Third Point CEO said he sees the virtue
Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso.” Apple Is this the year of Apple TV+? The streamer’s historic Oscar win for Best Picture was overshadowed by an altercation between actor Will Smith and comedian Chris Rock in March, but big wins at Monday’s Emmys could cement the service as one
Shohei Ohtani #17 of the Los Angeles Angels pitches in the fifth inning against the Houston Astros at Angel Stadium of Anaheim on September 03, 2022 in Anaheim, California. Meg Oliphant | Getty Images The MLB approved several rule changes for the 2023 season that are aimed to speed up the pace of play and
In this article DWAC This illustration photo shows Donald Trump’s new social media app Truth Social, glitching on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the SPAC aiming to take former President Donald Trump’s media company public, adjourned its shareholder meeting until Oct.
In this article DWAC Former US president Donald Trump announced plans on October 20 to launch his own social networking platform called “TRUTH Social,” which is expected to begin its beta launch for “invited guests” next month. Chris Delmas | AFP | Getty Images The fate of the planned merger between former President Donald Trump’s
In this article LOW Marisa Thalberg, executive vice president and chief brand and marketing officer. Source: Marisa Thalberg Lowe’s chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said Tuesday. The home improvement retailer cut her role and moved its marketing team under Bill Boltz, executive vice
Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney The 2022 box office is a Hollywood underdog story come to life. Despite nearly 40% less film content available in theaters compared to 2019, year-to-date ticket sales are down around
In this article BBBY Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond on Sunday said its chief financial officer, Gustavo Arnal, died Friday, after police had said earlier that Arnal fell to his death. The New York
Natalie Portman stars as the Mighty Thor, aka Dr. Jane Foster, alongside Chris Hemsworth, who plays Thor Odinson, in Marvel’s “Thor: Love and Thunder.” Disney The summer box office started with a bang, but as the season shifts into fall, ticket sales have fizzled. Paramount and Skydance’s “Top Gun: Maverick,” alongside Disney and Marvel Studio’s
Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images The future of Hulu continues to be an open question as Comcast and Disney still haven’t agreed on terms that will settle the company’s future ownership. But Comcast executives are planning on Disney buying them out — even if they’d prefer otherwise. related investing
In this article SBUX Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands such as Lysol, Durex and Mucinex. He announced earlier Thursday he was stepping down from that role. He’ll join Starbucks in October, learning about