Finance

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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