DIRS.INFO The most relevant business & tech news

☆ Wealthy Americans are starting to spend more carefully
▼ + stars: | 2024-05-19 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

A robust stock market coupled with rising home values have boosted Americans’ wealth from 2019 through 2022, according to a Federal Reserve report on household finances. There’s been some evidence of wealthy Americans growing cautious in the latest round of company earnings results. Federal Reserve officials Michael Barr, Christopher Waller, Philip Jefferson and Raphael Bostic deliver remarks. Federal Reserve officials Christopher Waller, John Williams, Raphael Bostic, Michael Barr, Loretta Mester and Susan Collins deliver remarks. The Federal Reserve release minutes from its May policymaking meeting.

Persons: they’ve, “, ” Nanette Abuhoff Jacobson, There’s, ” Jonathan Akeroyd, Moet, The Beverly Hilton, Michael Kovac, LVMH Moët Hennessy Louis Vuitton, ”, Jacobson, ’ Ariel Barnes, Barnes, ” Barnes, Baby Boomer, Xers, Matt Egan, Read, Michael Barr, Christopher Waller, Philip Jefferson, Raphael Bostic, John Williams, Loretta Mester, Susan Collins, Robin, Ralph Lauren, Booz Allen Hamilton, Buckle Organizations: CNN Business, Bell, Washington CNN, Federal, Fed, Hartford Funds, CNN, Burberry, The Beverly, The Beverly Hilton Hotel, Walmart, Royal Caribbean Cruises, Jackson State University, Federal Reserve Bank of New, Palo Alto Networks, Urban Outfitters, NVIDIA, National Statistics, National Association of Realtors, Reserve, Intuit, US Labor Department, Chicago Fed, Global, US Commerce Department, Atlanta Fed, Booz, University of Michigan Locations: Washington, British, Americas, Beverly Hills , California, Jackson , Mississippi, Federal Reserve Bank of New York, Palo, Ross, Burlington

☆ Many high schools are curbing the use of AI. These schools are leaning in
▼ + stars: | 2024-05-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

CNN —At Princeton High School, students are trying to combat the rapid decline of indigenous languages with some unlikely help: a furry, wide-eyed stuffed animal named Che’w. He’s a wildly intelligent generative AI robot that speaks Mam, a Mayan language spoken in the western highlands of Guatemala and Mexico and by a small population of the school’s students. At a time when some high schools are restricting the use of AI in the classroom, others, like Princeton High School, are leaning into it. Courtesy SamsungBeyond generative AISome high schools around the country are trying to teach students how to use other forms of artificial intelligence for a greater good. “It doesn’t lose patience or get sick of talking to them,” said Mark Eastburn, Princeton High School’s science, research and engineering teacher.

Persons: Che’w, Joy Barnes, Johnson, ”, ChatGPT, Ed ”, Noel Candelaria, ” Candelaria, Tylo Chacon, Chacon, “ We’ve, It’s, —, Mark Eastburn, “ It’s, ’, Eastburn, they’re Organizations: CNN —, Princeton High School, UNESCO, PHS, ”, STEM School Highlands, Samsung, Los Angeles Unified School District, Seattle Public Schools, National Education Association, CNN, NEA, Stuyvesant High School, University of Colorado, Princeton Locations: Guatemala, Mexico, Colorado, New York City, Washington ,, Boulder, Mam

Ukraine has asked the Biden administration to provide more intelligence on the position of Russian forces and military targets inside Russia as Ukrainian troops struggle to hold ground in the war, according to U.S. and Ukrainian officials. A group of Ukrainian Parliament members also met with members of Congress in Washington to press for the United States to allow Kyiv to use American weapons in Russia. Ukraine’s requests have become more urgent in recent weeks as Russia has taken advantage of delays in shipments of American weapons and intensified military operations in the Kharkiv region of northeastern Ukraine. But White House officials said the administration’s longstanding policy remained unchanged: The United States is not encouraging or enabling attacks inside Russia. American officials, seeking to avoid escalating the war, have insisted they do not want U.S. weapons used in cross-border attacks or their intelligence reports used to target sites in Russia.

Persons: Biden Organizations: White Locations: Ukraine, Russia, Washington, United States, Kyiv, Kharkiv, U.S

☆ 1 in 7 Gen Z credit card users are ‘maxed out’
▼ + stars: | 2024-05-17 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

CNN —Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she’s yet to escape. Barnes, a manager of gift processing at Jackson State University, has maxed out seven credit cards and is struggling to make minimum payments on $30,000 of credit card debt. Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from the Federal Reserve Bank of New York. For instance, the median Gen Z borrower’s credit limit is just $4,500, compared with $16,300 for Millennials and $21,800 for Gen X, the NY Fed said. There’s never a good time to carry a credit card balance, but right now is arguably the worst time.

Persons: CNN — Ariel Barnes, Barnes, ” Barnes, Baby Boomer, Xers, ”, “ I’ve, Zers, Ted Rossman, Gregory Daco, ” Daco, haven’t, X, it’s, There’s, That’s, Daco, CNN’s Alicia Wallace Organizations: CNN, Jackson State University, Federal Reserve Bank of New, Fed, NY Fed, Bankrate.com, Wall, NY, Federal Locations: Jackson , Mississippi, Federal Reserve Bank of New York

NATO allies are inching closer to sending troops into Ukraine to train Ukrainian forces, a move that would be another blurring of a previous red line and could draw the United States and Europe more directly into the war. As a result, Ukrainian officials have asked their American and NATO counterparts to help train 150,000 new recruits closer to the front line for faster deployment. So far the United States has said no, but Gen. Charles Q. Brown Jr., the chairman of the Joint Chiefs of Staff, said on Thursday that a NATO deployment of trainers appeared inevitable. For now, he said, an effort inside Ukraine would put “a bunch of NATO trainers at risk” and would most likely mean deciding whether to use precious air defenses to protect the trainers instead of critical Ukrainian infrastructure near the battlefield.

Persons: Charles Q, Brown Jr, “ We’ll, ”, General Brown Organizations: NATO, Joint Chiefs of Staff Locations: Ukraine, United States, Europe, Russia, Brussels

☆ Russian Disinformation Videos Smear Biden Ahead of U.S. Election
▼ + stars: | 2024-05-15 | by ( Julian E. Barnes | Steven Lee Myers | ) www.nytimes.com time to read: +1 min

Last month, a video began circulating on social media purporting to tell the story of an internet troll farm in Kyiv targeting the American election. Speaking in English with a Slavic accent, “Olesya” offers a first-person account of how she and her colleagues initially worked in support of President Volodymyr Zelensky of Ukraine. Then, she says, after a visit by mysterious Americans who were “probably C.I.A.,” the group began sending messages to American audiences in support of President Biden. “We were told our new target was the United States of America, especially the upcoming elections,” the woman in the video says. U.S. officials say the video is consistent with Russian disinformation operations as internet warriors aligned with Russia appear to be honing their strategy.

Persons: Volodymyr Zelensky, Biden, “, Donald Trump Locations: Kyiv, Ukraine, United States of America, Russia

☆ Embattled Georgia DA Fani Willis and Trump trial judge hit the campaign trail
▼ + stars: | 2024-05-15 | by ( Sara Murray | Jason Morris | ) edition.cnn.com time to read: +8 min

Wise Smith, meantime, has faced some skepticism from voters worried that if he ousts Willis it could endanger the Trump case. The disqualification drama surrounding Willis hasn’t spared Wise Smith from skepticism from some Democrats who believe Willis will most aggressively prosecute the Trump case. “Some folks were worried that me jumping in the race, you know, might mean we lose that case,” Wise Smith said in an interview with CNN. Let me say this, I think the case is in grave jeopardy right now,” Wise Smith said of the Trump case. In a rarity for a sitting judge, McAfee has also been granting interviews to local media.

Persons: Donald Trump, Fani Willis, Scott McAfee, ” Willis, “, Trump, Willis, Christian Wise Smith, Willis ’, Wise Smith, McAfee, Robert Patillo, he’s, Courtney Kramer, ”, Michael J, Moore, she’s, Willis hasn’t, ” Wise Smith, Wise Smith –, –, ” McAfee, wouldn’t, “ I’ve, Patillo’s, ” Patillo, “ It’s, Patillo, Brian Kemp, Roy Barnes, Kemp, Barnes, Ray Smith III, Smith, ” Moore, that’s Organizations: CNN, Democratic Party, Democratic, Trump, Trump White House, Middle, Middle District of, WSB, Georgia Gov, Republican, Democrat, McAfee, Boy Scouts Locations: Georgia, Fulton County, Middle District, Middle District of Georgia, Inman

The Biden administration is increasingly concerned that President Vladimir V. Putin of Russia is gathering enough momentum to change the trajectory of the war in Ukraine. Credit... Nanna Heitmann for The New York Times

Persons: Biden, Vladimir V, Putin, Nanna Heitmann Organizations: The New York Locations: Russia, Ukraine

Just 18 months ago, White House and Pentagon officials debated whether Russia’s forces in Ukraine might collapse and be pushed out of the country entirely. Now, after months of slow Russian ground advances and technological leaps in countering American-provided arms, the Biden administration is increasingly concerned that President Vladimir V. Putin is gathering enough momentum to change the trajectory of the war, and perhaps reverse his once-bleak prospects. In recent days, Moscow’s troops have opened a new push near the country’s second-biggest city, Kharkiv, forcing Ukraine to divert its already thinned-out troops to defend an area that it took back from Russian forces in a stunning victory in the fall of 2022. Artillery and drones provided by the United States and NATO have been taken out by Russian electronic warfare techniques, which came to the battlefield late but have proven surprisingly effective. And a monthslong debate in Washington about whether to send Ukraine a $61 billion package of arms and ammunition created an opening that Russia has clearly exploited, even though Congress ultimately passed the legislation.

Persons: Biden, Vladimir V, Putin Organizations: Pentagon, Artillery, NATO Locations: House, Ukraine, Kharkiv, United States, Washington, Russia

After Hamas attacked Israel in October, igniting the Gaza war, Israeli leaders described the group’s most senior official in the territory, Yahya Sinwar, as a “dead man walking.” Considering him an architect of the raid, Israel has portrayed Mr. Sinwar’s assassination as a major goal of its devastating counterattack. Seven months later, Mr. Sinwar’s survival is emblematic of the failures of Israel’s war, which has ravaged much of Gaza but left Hamas’s top leadership largely intact and failed to free most of the captives taken during the October attack. Even as Israeli officials seek his killing, they have been forced to negotiate with him, albeit indirectly, to free the remaining hostages. Mr. Sinwar has emerged not only as a strong-willed commander but as a shrewd negotiator who has staved off an Israeli battlefield victory while engaging Israeli envoys at the negotiating table, according to officials from Hamas, Israel and the United States. Some spoke on the condition of anonymity to discuss sensitive intelligence assessments of Mr. Sinwar and diplomatic negotiations.

Persons: Yahya Sinwar, Sinwar’s, Sinwar, Sinwar — Locations: Israel, Gaza, United States, Egypt, Qatar

☆ Kari Lake wants to look forward as abortion keeps dominating the conversation in Arizona
▼ + stars: | 2024-05-12 | by ( Arit John | ) edition.cnn.com time to read: +13 min

For Arizona Republicans, the resurgence of the state’s Civil War-era abortion ban was a political catastrophe that threatened to tip competitive races toward Democrats. In March 2022, in the midst of the midterm election and months before the US Supreme Court’s June Dobbs decision ended federal protections for abortion, Arizona Republican Gov. A handful of prominent Senate Republicans have visited Arizona to fundraise and campaign with her. To cut all that in half, at least we’re going in the right direction.”A political mistakeAs Democrats focus on abortion, Lake has focused on the border, crime and the economy. During her last campaign Lake famously alienated the wing of the party loyal to the late Sen. John McCain.

Persons: Kari Lake, Ruben Gallego, “, Kari Lake’s, Hannah Goss, she’s, Trump, She’s, ”, Arizonans, Stan Barnes, Dobbs, Doug Ducey, Katie Hobbs, Timmaraju, Hobbs, Gallego, adjourns, Joe Biden’s, Lake hasn’t, litigating, –, Arizona Sen, Jon Kyl, Karrin Taylor Robson –, Pinal County Sheriff Mark Lamb, South Dakota Sen, John Thune, Lake, Alex, Andorra Nicoll, Fitzgerald swaddled, Fitz, ” Alex Nicoll, We’ve, Brandi Weed, Weed, They’ve, Phoenix Mayor Kate Gallego, Biden, Riley, Francis Chung, “ Ruben Gallego, ” Goss, “ Kari Lake, ” Gallego, Sean Noble, “ He’s, won’t, ” Noble, Sen, John McCain, Seth Leibsohn, Leibsohn Organizations: CNN, Democratic Rep, GOP, Arizona Republicans, Democrats, Senate, Arizona Legislature, Arizona Republican, US, Arizona Republican Gov, Lake, Democratic, Arizona Supreme, Trump, Republicans, National Republican, Pinal County Sheriff, South Dakota, United States Senate, Washington DC, Arizona State University, Congressional Progressive Caucus, Phoenix Mayor, ”, Natural Resources, Capitol, POLITICO, AP, Arizona Democrats, Harvard, Marine Reserves, PAC, Republican Locations: Arizona, Pinal County, fundraise, Washington, Mesa, Iraq, an Arizona

☆ Meet the millennials who suddenly doubled their wealth in the last 4 years after an adulthood plagued by bad economic luck
▼ + stars: | 2024-05-11 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +11 min

"So looking at even a $150,000 price tag for a house, you're just like, when is that ever going to happen?" In the fourth quarter of 2019, millennials held $3.5 trillion in real estate wealth; as of the fourth quarter of 2023, that's more than doubled. Average millennial wealth doubled between 2019 and 2023, according to an analysis from the Center for American Progress. For example, Gen Xers' real wealth grew by only 4% in the four years following 2007's Great Recession. Baby boomers' real wealth grew by 46% in the four years after the 1990 recession.

Persons: —, James Barnes, Barnes, you'd, millennials, Khary, Gen Xers, boomers, Joe Biden, Biden, didn't, Amanda, Rob Gruijters, They're, there's, Caitlin de Oliveira, she's Organizations: Service, Navy, BI, Center for American Progress, University of Cambridge, Research Locations: Lawrenceville , Georgia, Atlanta, Alabama, —, Texas

Israeli leaders declared on Thursday that they would not be deterred by President Biden’s threat to withhold more arms shipments if the military launched a major assault on densely populated areas of Rafah in southern Gaza. Defiant and at times disdainful of the Biden administration’s stance, their comments made clear the widening rift between Israel and the United States over the war and the prospect of a full-scale invasion of Rafah, where about a million Palestinians are sheltering. And they came as high-level negotiations aimed at reaching a cease-fire and hostage deal were derailed — at least for the moment — amid anger by some of the participants over a military incursion into Rafah by Israeli forces earlier this week. After that incursion, Mr. Biden said the United States, Israel’s closest ally, would not ship more weapons that could be fired into crowded sections of Rafah. On Thursday, an Israeli military spokesman said his nation had enough munitions on hand to proceed with its plans.

Persons: Biden’s, Biden Locations: Rafah, Gaza, Israel, United States

☆ In a Surprise, Disney+ Becomes Profitable
▼ + stars: | 2024-05-07 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

When Disney reported robust earnings in February, the activist investors then circling the company essentially called it a stunt — a temporary, heat-of-battle effort to fend them off and not, as Robert A. Iger maintained, proof that a struggling Disney had finally “turned the corner.”The Disney chief’s argument just got a lot stronger. Disney blew past Wall Street’s expectations for a second consecutive quarter on Tuesday, in part because its flagship streaming service made money — a first. Disney+ had been expected to lose more than $100 million in the most recent quarter, widening losses since its 2019 arrival to roughly $12 billion. The company had previously predicted that Disney+ would become profitable in September; some investors and analysts have been skeptical about that, putting downward pressure on Disney shares. Disney’s per-share earnings for the most recent quarter rose 30 percent increase from a year ago.

Persons: Robert A, Iger, “, —, ” Hugh Johnston Organizations: Disney

☆ Officials Describe Pact Hamas Has Embraced as U.S.-Israel Proposal With Small Changes
▼ + stars: | 2024-05-06 | by ( Edward Wong | Julian E. Barnes | ) www.nytimes.com time to read: +2 min

The officials said that the changes were made by Arab mediators in consultation with William J. Burns, the C.I.A. director, and that the new version keeps a key phrase, the eventual enactment of a “sustainable calm,” wording that all sides had said earlier they could accept. The two officials said the response from Hamas was a serious one, and that it was now up to Israel to decide whether to enter into an agreement. In the second phase, the two sides would work toward reaching a “sustainable calm,” which would involve the release of more hostages, the officials said. The officials said that Israel’s prime minister, Benjamin Netanyahu, was expected to push back against that definition.

Persons: William J, Burns, Israel, Benjamin Netanyahu Organizations: Hamas Locations: Israel, United States, Gaza

☆ ‘The Fall Guy’ Fizzles With $28 Million in Ticket Sales
▼ + stars: | 2024-05-05 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

“The Fall Guy” seemed to have everything. Universal backed “The Fall Guy” with a six-month marketing campaign, releasing trailers that racked up 400 million views and carpet-bombing televised sporting events, including the Super Bowl, with ads. It added up to only $28.5 million in North American ticket sales from Friday to Sunday, the worst start to Hollywood’s all-important summer season since 1995. “The Fall Guy” cost Universal at least $200 million to make and market and was released in 4,002 theaters in the United States and Canada. “You want to explain to shareholders why you spent hundreds of millions of dollars on a newfangled idea that crashed?”

Persons: Guy ”, ”, David A, Gross Organizations: North, Universal Locations: United States, Canada

☆ U.S. Seeks to Build World Pressure on Russia Over Space Nuclear Weapon
▼ + stars: | 2024-05-03 | by ( Julian E. Barnes | David E. Sanger | ) www.nytimes.com time to read: +1 min

American officials are trying to increase international pressure on Russia not to deploy an antisatellite nuclear weapon in space, and have obtained information that undermines Moscow’s explanation that the device it is developing is for peaceful scientific purposes, a senior State Department official said on Friday. Concern over the Russian development of a new generation of space nuclear weapons has been growing in Washington, especially since Moscow’s veto last month of a U.N. measure aimed at keeping space free of such weapons. Some Republicans believe that the Biden administration is not doing enough to deter Russian work on the device, and others are concerned about China’s apparent decision not to pressure Moscow to stop. On Friday, Mallory Stewart, the assistant secretary of state for arms control, said that while the United States had been aware of Russia’s pursuit of such a device for years, “only recently have we been able to make a more precise assessment of their progress.”Ms. Stewart, speaking at the nonpartisan Center for Strategic and International Studies in Washington, said the orbit the Russian satellite would occupy is in a high-radiation region not used by other satellites, information that undercuts Russia’s defense that it is not developing a weapon.

Persons: Biden, Mallory Stewart, “, Ms, Stewart Organizations: State Department, Strategic, International Studies Locations: Russia, Washington, Moscow, United States

☆ What’s in Our Queue? ‘Atomic Blonde’ and More
▼ + stars: | 2024-05-01 | by ( Brooks Barnes | ) www.nytimes.com time to read: 1 min

What’s in Our Queue? ‘Atomic Blonde’ and MoreI report on Hollywood for the Business and Culture desks, which means I spend a lot of time watching new movies and TV shows. To unwind, I prefer old, comfort-food favorites and faded curios with off-kilter characters and a vivid sense of place. Here are five things I’ve watched recently →

Persons: I’ve Organizations: Hollywood, Business

☆ After Period of Chastity, Hollywood Movies Embrace Sex Again
▼ + stars: | 2024-04-28 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

Zendaya, clad in a skintight dress, gyrates on a dance floor in “Challengers,” a $56 million sports drama that arrived in multiplexes on Friday. “Sex is back!” shouted an apparently elated man at the conclusion of a prerelease “Challengers” screening in West Hollywood, Calif., this month. Think about how many times the rom-com has been declared dead — and alive — and dead. (No, wait, alive.) But this much can be said with surety: Hollywood is hornier than it has been in years.

Persons: ”, “, — Locations: “, West Hollywood, Calif

☆ A Connecticut home with a private FAA-approved airstrip and hangar has hit the market for $2.9 million. Take a look.
▼ + stars: | 2024-04-27 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

A three-bedroom, four-bathroom home has hit the market in Connecticut for $2.9 million. The home features the only FAA-approved private paved airstrip in the state. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementConnecticut's only home with an FAA-approved private paved airstrip is selling for $2.9 million. AdvertisementTake a look inside.

Persons: —, Barbara Hackman Franklin, Wallace Barnes, Ellen Sebastian Organizations: FAA, Service, Property, Business, of Commerce, Sotheby's International Realty Locations: Connecticut, Bristol

covers the U.S. intelligence agencies and international security matters for The Times. He has written about security issues for more than two decades.

Organizations: The Times

Israel’s military operations in Gaza have weakened Hamas. Thousands of its members have been killed, and at least one senior military leader has been eliminated. Yet Israel has not achieved its primary goals of the war: freeing hostages and fully destroying Hamas. The war and the tactics of the Israel Defense Forces have come at a great cost. Vast numbers of Palestinian civilians have been killed in the Israeli campaign; hunger is widespread in Gaza; and deaths around relief efforts have generated condemnation.

Persons: Israel Organizations: Hamas, Israel Defense Forces, Israel Locations: Gaza, Israel

The United States is considering imposing sanctions on one or more Israeli battalions accused of human rights violations during operations in the occupied West Bank, according to a person familiar with the deliberations. Mr. Netanyahu said in a social media post that his government would “act by all means” against any such move. The news about the possible sanctions, reported earlier by Axios, came only a day after the House approved $26 billion for Israel and humanitarian aid for civilians in conflict zones, including Gaza. The sanctions, if imposed, would not hold up the military aid that was just approved in Congress. On Sunday, Palestinians in the West Bank went on a general strike to protest a deadly Israeli military raid at a refugee camp.

Persons: Benjamin Netanyahu, Mr, Netanyahu, Axios Organizations: West Bank, Biden, Sunday Locations: States, Gaza, Israel

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ Zaslav Receives $50 Million for Leading Struggling Warner Bros. Discovery
▼ + stars: | 2024-04-19 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

David Zaslav, the chief executive of Warner Bros. Mr. Zaslav’s compensation for 2023 is notable, however, because Warner Bros. In addition, Warner Bros. Discovery shareholders sent a clear message about Mr. Zaslav’s pay at the company’s most recent annual meeting: It’s too high. In a nonbinding “say on pay” vote, only 50.8 percent of shareholders approved of the $39.3 million he was paid in 2022.

Persons: David Zaslav, Zaslav’s Organizations: Warner Bros, Securities and Exchange Commission, Revenue, CNN, Discovery, ISS

Search resuls for: "Barnes

25 mentions found