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  • Disney to lay off 4,000 more at California, Florida parks Nov 27, 2020 10:16 PM IST

    Disney to lay off 4,000 more at California, Florida parks

    The announcement by the company was made in a U.S. Securities and Exchange Commission filing earlier this week, saying 32,000 employees will be terminated in the first half of fiscal year 2021, which began last month.

  • Walt Disney TV CFO Ravi Ahuja to quit Nov 24, 2020 12:11 PM IST

    Walt Disney TV CFO Ravi Ahuja to quit

    Ahuja, who had previously served as the chief financial officer of the Fox Network Group, joined Walt Disney in April 2019.

  • Walt Disney Company APAC President Uday Shankar to step down Oct 08, 2020 10:32 AM IST

    Walt Disney Company APAC President Uday Shankar to step down

    Uday Shankar will remain with Disney’s direct-to-consumer and international segment until the end of 2020 to find his successor and ensure a smooth transition.

  • Disney plans to reopen Walt Disney World starting on July 11 May 28, 2020 04:28 PM IST

    Disney plans to reopen Walt Disney World starting on July 11

    Walt Disney Co plans to reopen the world's largest theme park, Walt Disney World, in phases beginning on July 11, if the governor of Florida approves.

  • Disney World furloughing 43,000 more workers due to coronavirus Apr 13, 2020 06:45 PM IST

    Disney World furloughing 43,000 more workers due to coronavirus

    Disney World’s theme parks, entertainment district and hotels closed in mid-March, and Disney has been paying its workers while they stay at home.

  • Walt Disney's Robert Iger steps down as CEO, parks head Bob Chapek to take reins Feb 26, 2020 09:05 AM IST

    Walt Disney's Robert Iger steps down as CEO, parks head Bob Chapek to take reins

    In Chapek's new role, which is effective immediately, the company said he will directly oversee all of Disney's business segments and corporate functions

  • Walt Disney takes control of Hulu to challenge Netflix, Amazon May 15, 2019 12:10 PM IST

    Walt Disney takes control of Hulu to challenge Netflix, Amazon

    Hulu, which competes with Netflix and Amazon.com's Prime Video, has more than 26.8 million paid subscribers.

  • Fox 2.0: Lachlan Murdoch’s ascension could mean new offerings for Indian viewers May 31, 2018 02:02 PM IST

    Fox 2.0: Lachlan Murdoch’s ascension could mean new offerings for Indian viewers

    Rupert Murdoch’s fascination with news business has been well-documented and the only stumbling block has been the FDI rules

  • Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal May 16, 2018 10:16 PM IST

    Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

    Fox agreed last year to sell the bulk of its film and TV assets to Walt Disney in a $52.4 billion deal.

  • Disney seeks dismissal of lawsuit over displacing US workers May 17, 2016 11:48 AM IST

    Disney seeks dismissal of lawsuit over displacing US workers

    In his lawsuit, Leo Perrero alleged that Disney, his former employer, and HCL colluded with each other when telling the Department of Labour that the hiring of foreigners on visas would not adversely affect the working conditions of US workers.

  • Nifty may open in the red following weak global cues May 12, 2016 07:57 AM IST

    Nifty may open in the red following weak global cues

    Indicating a subdued start, SGX Nifty, at the time of writing, was trading at 7846.50 down 26.00 points.

  • Apple appoints former Boeing CFO to its board Oct 03, 2015 01:45 PM IST

    Apple appoints former Boeing CFO to its board

    Bell, who was Boeing's CFO from 2003 to 2012, is on the board of several other companies, including JP Morgan Chase & Company and Dow Chemical Company.

  • US opens probe against TCS, Infosys for H1-B visa violation Jun 12, 2015 12:34 PM IST

    US opens probe against TCS, Infosys for H1-B visa violation

    The US government has opened an investigation against two of the biggest Indian outsourcing companies for possible violations of H1-B visa rules, according to a media report.

  • Median pay of top 100 US CEOs rises 5% to USD 14.3 mn Apr 16, 2015 11:47 AM IST

    Median pay of top 100 US CEOs rises 5% to USD 14.3 mn

    The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.

  • Facebook draws some of YouTube's top content producers Sep 12, 2014 08:41 AM IST

    Facebook draws some of YouTube's top content producers

    If Facebook succeeds with its video push, it could undercut YouTube's dominance of the online video ad market, the Journal added, citing eMarketer estimates.

  • Disney names Twitter co-founder Dorsey to board Dec 24, 2013 10:44 AM IST

    Disney names Twitter co-founder Dorsey to board

    Walt Disney has named Jack Dorsey, co-founder of Twitter and chief executive of payments startup Square Inc, as an independent board member.

  • Disney film units settle Silicon Valley anti-poaching suit Jul 13, 2013 08:21 PM IST

    Disney film units settle Silicon Valley anti-poaching suit

    Walt Disney Co's Lucasfilm Ltd and Pixar units have settled a lawsuit accusing them and other technology companies of conspiring not to poach each others' employees, resolving their part in a case that involves some of Silicon Valley's biggest names.

  • Disney's profit rises on parks, 'Oz' movie May 08, 2013 08:37 AM IST

    Disney's profit rises on parks, 'Oz' movie

    Media giant Walt Disney Co reported a 32 percent increase in profit that beat Wall Street expectations, boosted by higher spending and attendance at US theme parks, and the movie box office success of "Oz the Great and Powerful."

  • What are asian entrepreneurs afraid of? Apr 29, 2013 05:31 PM IST

    What are asian entrepreneurs afraid of?

    Asia appears to be in a sweet spot: it is home to some of the world`s largest economies, has a stable growth outlook, a burgeoning middle class and many cities where low taxes and fewer regulations make it easy to do business.

  • Disney to begin layoffs in studio, consumer products Apr 05, 2013 09:14 AM IST

    Disney to begin layoffs in studio, consumer products

    Walt Disney Co expects to begin layoffs at its studio and consumer product divisions within the next two weeks, according to two people with knowledge of the matter, in the latest cost-reduction step to emerge from a company-wide review.

  • Oscar trivia Feb 26, 2013 03:45 PM IST

    Oscar trivia

    The 85th Academy Awards wait in the wings. Take a sneak peak at some interesting trivia.

  • Wall St Week Ahead: 'Great Rotation' - A fairy tale? Feb 02, 2013 08:45 AM IST

    Wall St Week Ahead: 'Great Rotation' - A fairy tale?

    Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights.

  • Did not intend Super Bowl ad to be derogatory: Coca-Cola Feb 01, 2013 08:25 AM IST

    Did not intend Super Bowl ad to be derogatory: Coca-Cola

    Coca-Cola Co held what it called a "productive conversation" with an Arab-American group that labeled the firm's Super Bowl ad racist, but will not change the commercial featuring an Arab walking through a desert with a camel.

  • New 'Star Wars' movies: Dream come true, or cosmic yawn? Oct 31, 2012 07:32 AM IST

    New 'Star Wars' movies: Dream come true, or cosmic yawn?

    For years, it seemed like another "Star Wars" movie was just a dream, stillborn in a galaxy far, far away.

  • The top films at the North American box office Oct 14, 2012 11:50 PM IST

    The top films at the North American box office

    Following are the top 10 movies at North American box offices for the weekend starting Oct 12, led by "Taken 2" at No. 1, according to studio estimates compiled by Reuters.

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