Hints and tips:
...The Disney+ and Hulu streaming unit earned an operating profit of $47mn in the quarter to the end of March, compared with a $587mn loss a year earlier....
...But subscriptions outside of North America grew over the same period, and the business unit that contains the streaming services was profitable for the year....
...Christine McCarthy, chief financial officer, was among the executives who complained, three of the people said. Disney declined to comment....
...Profits at Disney’s TV networks business unit fell by $1bn in the fiscal year 2023 as more customers moved to streaming services....
...Staggs held numerous roles at Disney, including chief financial officer, chief operating officer and head of theme parks....
...Additional reporting by Christopher Grimes in Los Angeles...
...The reasons for a potential take-private are twofold, as the FT’s Christopher Grimes detailed yesterday: Disillusioned shareholders In September, Endeavor merged its UFC division and World Wrestling Entertainment...
...Christine McCarthy, the company’s chief financial officer, said losses would continue to improve in the current quarter....
...Mick Mulroy, a former senior Pentagon official and retired CIA paramilitary officer, said the US should rethink how it classifies documents....
...Operating income at the theme parks unit reached $3.7bn in the quarter, up 50 per cent from a year earlier....
...Caruso’s message may overlap more directly with that of Joe Buscaino, a former police officer serving on the city council who has called for 1,300 additional officers....
...It’s now scrambling to preserve the lucrative arrangement, the FT’s Chris Grimes reports....
...Most of the companies — a list that includes Walt Disney, Comcast, WarnerMedia and Amazon — are set to rack up losses on their streaming units....
...Field will work closely with Hau Thai-Tang, Ford’s chief product platform and operations officer, and oversee the company’s unit for embedded software and hardware....
...Waymo’s chief operating officer Tekedra Mawakana and chief technology officer Dmitri Dolgov will take over the helm....
...Ageing even has its own code, MG2A, in the recently revised International Classification of Diseases (ICD-11), the bible of medicine....
...JD.com called off the IPO of its finance unit and put a compliance officer in charge....
...“We have had a crazy couple of months in the oil market,” said Christophe Salmon, chief financial officer at Trafigura....
...If these guys go bust because they can’t access SBA loans, the credit units of the bigger PE firms will get hit. DD’s take?...
...Lara Sweet, Snap’s chief accounting officer and its interim chief financial officer, will become the chief people officer. More here....
...“ETFs now clearly cause mispricings in equities,” says George Mussalli, PanAgora’s chief investment officer....
...Metropolitan Police officers attached to the unit sometimes visit the homes of young people whose behaviour is causing concern....
...This is where he was introduced to Bastani, a PhD student in a button-up shirt at Royal Holloway’s New Political Communication Unit. They hit it off....
...“This is a bet that they felt they had to make,” says Mr Ramsey....
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