Business

Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure

Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure

Bob Iger, former CEO, The Walt Disney CompanyScott Mlyn | CNBC Bob Iger is back. Disney+, in a shocking late Sunday announcement, said it had reappointed Iger as chief executive, effective immediately, after Iger’s hand-picked successor as CEO, Bob Chapek, came under fire for his management of the entertainment giant. “It is with an incredible sense

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Porsche

Porsche Stock Is a Wall Street Darling With 22% Surge Since IPO

Photographer: Alex Kraus/Bloomberg Porsche AG is brimming with analyst favor a little over a month after its landmark initial public offering. Goldman Sachs Group Inc., JPMorgan Chase & Co., Citigroup Inc. and Deutsche Bank AG analysts rated the luxury carmaker a buy or equivalent on Tuesday, lauding its brand presence, focus on electric vehicles and resilient

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Ariel expands into new fields as an industry pioneer and force for change

Ariel expands into new fields as an industry pioneer and force for change

John Rogers, the founder of Ariel Investments, speaks during an August 2017 interview. The Chicago-based firm was the first Black-owned money manager at the time of its launch in 1983. Image: Bloomberg News A trailblazing money manager is embarking on new territory for the firm while driving Congressional scrutiny into the largest fund firms’ racial

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Visualising Apple’s $3 trillion market valuation

Visualising Apple’s $3 trillion market valuation

It took just 17 months for Apple Inc’s stock market valuation to surge from $2 trillion to $3 trillion. Shares of the iPhone maker briefly hit $182.88 during trading on Monday – enough to secure Apple the coveted crown of becoming the first publicly traded company on the planet to cross the $3 trillion market capitalisation mark.

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SHARON BOWEN BECOMES FIRST BLACK WOMAN TO CHAIR MASSIVE NYSE BOARD

SHARON BOWEN BECOMES FIRST BLACK WOMAN TO CHAIR MASSIVE NYSE BOARD

Sharon Bowen has been named board chair of the New York Stock Exchange (NYSE), making her the first Black woman to gain that prominent role.
Also called the “Big Board,” the NYSE calls itself the world’s largest stock exchange. A deep-rooted Wall Street fixture, it reportedly has a combined capitalization of $36 trillion and 2,400 listed companies.

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The Apple Car Is Coming and Tesla Had Better Watch Out

The Apple Car Is Coming and Tesla Had Better Watch Out

The Apple Car Is Coming and Tesla Had Better Watch Out (Bloomberg) — Apple Inc. venturing into cars might shake up the electric vehicles market in the same way the iPhone revolutionized the mobile communications industry in 2007. So says Morgan Stanley. The world’s biggest company by market value plans to launch a car with

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The Commodities Driving The $173 Trillion Global Energy Transition

The Commodities Driving The $173 Trillion Global Energy Transition

The energy transition is in full swing, with electric vehicles supplanting gas guzzlers and solar panels and wind turbines replacing coal and oil as the world’s leading energy sources. The energy transition is driving the next commodity supercycle, with immense prospects for metals producers, technology manufacturers, and energy traders and investors.

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