Finance
Bob Iger is pushing Disney to be more dynamic and Wall Street may finally be buying it: ‘I’d rather be a disruptor than disrupted’
"We’re going to turn that business into a business that we’re proud of in terms of margins—we know a lot more about it and how to do that than any outsider is going to tell us or educate us about."
February 8, 2024
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Newsletters
- Fortune CryptoThe plot to make Ethereum a security—and what happens next
- BroadsheetHow Jennifer Garner’s kids’ food brand Once Upon a Farm became a $100 million business that’s now eyeing an IPO
- CHRO DailyBeware of the benefit trap: Cutting back programs can lead to a drop in employee loyalty and productivity
- Term Sheet78% of dealmakers say Sam Altman should be running OpenAI right now
- CFO DailyExclusive: Stash’s new CFO says joining the $1.4 billion fintech firm is about having ‘real impact on folks across the country’
- CEO DailyThe 2024 election won’t be a referendum on ‘woke capitalism’
Commentary
- return to officeVA Secretary: Returning to the office helps Veterans
- A.I.AI chatbots are making cybersecurity work much easier–but foundation models are about to revolutionize it
- StartupsZero interest-rate babies are facing their day of reckoning. It’s time this generation of startups learns how to fly
- DisneyNelson Peltz is still trying to get seats on Disney’s board–but Bob Iger is no easy target for the activist investor’s 25th attempt to take control of the company
- careersWorking fathers are the new target of microaggressions–and they are worried they could be getting ‘daddy tracked’
- TechTech valuations are at a 10-year low–but optimism should be at a 5-year high. Here’s why
Topics
Environment
Danish wind giant’s abysmal 3 months have a lot to do with America, ‘the most painful’ part of its portfolio
California’s intense storms this weekend could bring losses of up to $11 billion
SUV drivers will now have to pay triple to park in Paris after referendum—but a 5% turnout reignites ‘rigging’ debate
Finance
Private equity giant Carlyle bets on rainmakers cracking deal drought in new pay structure, w buy back up to $1.4 billion in stock
After Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034
Meet Zillow rooms for rent: A Craigslist killer for the millennial and Gen Z set—and a symbol of the housing affordability crisis
Health
Minnesotans can buy insulin for just $35 a month over the next 5 years under a state settlement with Eli Lilly
Cough? Sore throat? More schools suggest mildly sick kids attend anyway: ‘It’s extremely confusing’
Halfway through ‘unwinding,’ Medicaid enrollment is down about 10 million
Leadership
Exclusive: Mozilla names new CEO as it pivots to data privacy
Beware of the benefit trap: Cutting back programs can lead to a drop in employee loyalty and productivity
Why Workday took more than a year and an unusual leadership model to transition in their new CEO
Lifestyle
Las Vegas gears up for the Super Bowl, from Guy Fieri’s free tailgate by the Strip’s Ferris Wheel to a sellout at the private jet parking lot
Americans are traveling to Europe in record numbers but they’re not always welcome. Here’s what cities are doing to staunch overtourism
Disney to invest $1.5 billion in Epic Games, with Marvel, Avatar, Star Wars characters coming to Fortnite
Personal Finance
One in 4 Gen Zers say tax stress could drive them to therapy. Blame their love affair with crypto—or the passions of youth
Millennial and Gen Z wealth has grown by 80% in recent years, according to the NY Fed. They’re still $94 trillion behind boomers
‘Free college’ isn’t free: Even when tuition is covered, many programs still leave students scrambling, experts say
Politics
Kansas lawmakers vote themselves 93% pay raises—to only $58,000 for rank-and-file state senators
VA Secretary: Returning to the office helps Veterans
Chilly relations with Beijing mean Mexico now exports more than China to the U.S. for the first time in over 20 years
Retail
Novo Nordisk’s CEO says he’s fielding calls from ‘scared’ junk food suppliers asking for advice over Ozempic surge
Ford sees ‘ultimate competition’ of Chinese EVs and affordable Tesla models as it projects $5.5 billion loss in battery-powered unit
Pizza Hut helps you both dump and fatten up your soon-to-be ex this February with ‘goodbye pie’
