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Bob Iger told investors why ESPN needs a ‘soft landing’ as Disney shifts it from cable to streamingHollywood actors tentatively agree to new contract with studios that would end strike that has shuttered film and TV production for monthsDon’t expect a holiday gift bonanza this year. More than half of consumers plan to spend less amid inflation and economic worries‘Truly, we’re in a crisis’: Santa Fe voters add momentum to ‘mansion taxes’ by approving levy on home sales over $1 million to fund affordable housingEx-Grammys CEO is sued for allegedly sexually assaulting a musician who came to interview him in a hotel roomDisney’s Bob Iger plans an extra $2 billion in cost cuts as he tries to fend off activist investor Nelson Peltz and his crusade against big spendingAI was not even in the top 20 business risks in a ‘shocking’ survey of nearly 3,000 corporate leadersWeWork founder Adam Neumann is still worth $1.7 billion even after the company’s stunning bankruptcySoCal housing is so unaffordable that billionaire philanthropist MacKenzie Scott has made yet another multi-million dollar donation to fix the problemA billionaire hedge fund kingpin is feuding with the sheriff of Wall Street over an obscure rule in the multitrillion-dollar bond marketHow to watch the third Republican debates for free—and without cableChina just recalled 3 panda bears from DC’s National Zoo, ending 50 years of historyThe CEO behind Indonesia’s biggest movie ever wants to make your next foreign film hit : ‘I see ourselves as South Korea 15 years ago’Washington D.C.’s pandas are being FedEx’ed back to China as 51 years of ‘Panda Diplomacy’ ends amid souring relationsDigital detoxing? New study says the ‘Goldilocks’ rule for social media use may be the keySuspected leaders of a high-end sex ring ‘built on secrecy and exclusivity’ that served elected officials and tech executives are chargedThe Panama Canal is so congested that one ship owner just paid a record $4 million to skip to the front of the lineWho is responsible for AI? It isn’t always the CEOAI is about to face many more legal risks. Here’s how businesses can prepareBusiness leaders share their best practices when implementing AIAI and ethics: Business leaders know it’s important, but concerns lingerKaty Perry gets a big win in her legal battle to buy a $15 million mansion in a California beach town that’s home to Hollywood eliteFDA approves yet another weight loss drug to compete against blockbuster sellers Ozempic and WegovyAmbitious workers are the first to get worse at their jobs under a toxic, abusive boss, study suggestsNintendo snags deal with ‘Spider-Man’ producer Avi Arad for forthcoming ‘Legend of Zelda’ movieGoogle’s latest move to make Apple open iMessage has powerful precedentRipple’s CEO says beating the SEC in court isn’t enough to make U.S. banks less skittish toward crypto—there must be clear policy20 years ago, billionaire philanthropist Joan Kroc stunned the Salvation Army by donating half her fortune—but it came with instructionsThe battle to revive FTX is down to a former NYSE president, a fintech startup, and a private investment firmDimmed lights, no in-store radio: Morning shopping at Walmart is going to be a lot more peacefulMicrosoft instructed all workers to set diversity goals in performance reviews. Employees taking optional DEI courses increased by 270%Georgia’s GOP governor is extending the state’s fuel tax suspension to relieve the ‘disastrous effects of Bidenomics’Joe Biden will meet with UAW’s Shawn Fain, but what he really wants is the union’s endorsement for the 2024 electionMeta updates AI deepfake policy for political ads, 2 months after Google did itAdidas still has $320M of unsold Yeezy shoes after breaking with Kanye over antisemitic comments and is considering writing them off: ‘That is financially the worst case’Merit-based flexibility could be the future of work as return-to-office mandates fail to prop up productivityIn D.C., crypto is pivoting to tokenization—if AI doesn’t take the spotlight firstHer family bought half of the New York Giants 30 years ago. Now she’s leading their investment in New York women’s soccer team Gotham FCGetting more women into STEM jobs isn’t enough to fix the wage gap, top sociologists say. It requires ‘treating women more like men’Nearly half of employees say college failed to prepare them for their current job. Instead, they prefer hands-on training—and TikTokElon Musk predicted EV startups Lucid and Rivian would both go bankrupt—at least one of them seems to be over the hump Consumers have been propping up the U.S. economy when no one else could—now the debts are being called and they can’t pay their billsRed-hot October virtually guarantees that 2023 will be the hottest year ever recordedFormer Polychain partners raise $25 million for Ritual, a startup focused on decentralizing AIGM’s Cruise self-driving unit is recalling all its cars to update software after one dragged a San Francisco pedestrianA former Blackstone exec wants to salvage WeWork from bankruptcyElon Musk’s affordability problem—Tesla is fast running out of early adopters, but its cars are still too expensive for most buyersShell edges out Volkswagen to top the list of companies bringing in the most revenue in EuropeBill Gates’ secret to success is optimism, says psychology expert—but don’t confuse that with blind optimismThere are 74 women in the CFO role at companies on the inaugural Fortune 500 Europe listFortune 500 Europe reveals the continent’s capital for big-money businessesWeWork’s ousted founder Adam Neumann fires subtle shots at his successors, saying the company ‘failed’ to make the most of its relevancyGetting angry can make you better at your job: Directing ‘negative’ emotions can make you more productive, psychology study findsIvanka Trump takes the stand in father’s fraud trial, but not as a defendant like her brothers Eric and Donald Jr.Trump’s brawling fraud trial testimony veered from ‘The fraud is on the court, not on me’ to ‘I’ve had a lot of cash for a long time’The new Fortune 500 Europe list reveals an economy dominated by energy companies, automakers—and menU.S. counters China’s Belt and Road with announcement of $553m investment in Sri Lanka portYeezy is the gift that keeps on giving as Adidas makes over $350 million selling Ye’s shoes last quarterNintendo is taking another swing at Hollywood, following up its billion-dollar Mario smash by adapting another famous IP: ‘The Legend of Zelda’Germany may be facing its worst slump in recent times, but it’s still the biggest business powerhouse on the Fortune 500 EuropeThe construction industry has been a major climate-change offender. This Swiss company’s cement and concrete could help builders get greener
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