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"We are not pausing - that is very clear," ECB President Christine Lagarde told a press conference. NOT FED DEPENDENTShe also dismissed the notion that the ECB would have to pause if its U.S. counterpart did so, saying the ECB was "not Fed-dependent". The German 10-year yield , the euro zone benchmark, fell as much as 7 basis points to a one-month low of 2.18%. "In a nod to the hawks, the ECB hinted at 'future decisions' in the plural," Holger Schmieding at Berenberg said. Firms in the services sector especially have complained of labour shortages, suggesting that more wage pressures could come this summer.
April 12 (Reuters) - Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company's attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX's new CEO John Ray has detailed improper fund transfers and poor accounting at the collapsed crypto exchange, describing it as a "complete failure" of controls. He offered few details on what a reboot might mean for FTX customers whose crypto deposits have been locked up during the bankruptcy case. FTX would need significant capital to restart its crypto exchange, because the existing customer interface had little connection to the movement of money behind the scenes, the lawyer said. It is not clear whether FTX should use its own funds to re-start the exchange, rather than using the money to repay customers, Dietderich said.
TikTok has enlisted three heavyweights from American politics and business to advise it behind the scenes as the social-media app tries to convince U.S. authorities that it isn’t beholden to the Chinese government. David Plouffe and Jim Messina , veterans of Barack Obama ’s presidential campaigns, and Zenia Mucha , the former longtime communications chief of Walt Disney Co., are advising TikTok in its fight against efforts to ban it in the U.S, according to people familiar with their roles.
The Disney Executive Who Made $119,505 a Day
  + stars: | 2023-01-18 | by ( Erich Schwartzel | ) www.wsj.com   time to read: 1 min
Geoff Morrell, Disney’s former chief corporate-affairs officer, was an outsider, having worked for years in the Pentagon and at BP PLC. Even by show-business standards, former Walt Disney Co. executive Geoff Morrell netted a massive payday from his brief time in Hollywood. Mr. Morrell started working at Disney on Jan. 24, 2022, as the company’s chief corporate-affairs officer. He left less than four months later following a public-relations implosion that led to employee protests and pitted the company and then-CEO Bob Chapek against Florida Gov. Ron DeSantis .
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/disney-defends-board-ceo-robert-iger-against-peltzs-criticisms-11673971148
The U.S. Commodities Futures Trading Commission has estimated missing customer funds at more than $8 billion. The affiliates -- LedgerX, Embed, FTX Japan and FTX Europe -- are relatively independent from the broader FTX group, and each has its own segregated customer accounts and separate management teams, according to FTX court filings. In part to preserve the value of its businesses, FTX also sought Dorsey's approval to keep secret 9 million FTX customer names. Dorsey allowed the names to remain under wraps for only three months, not six months as FTX wanted. In addition to customer funds lost, the collapse of the company has also likely wiped out equity investors.
Harvey Weinstein was once one of the most powerful film producers in Hollywood. LOS ANGELES—Disgraced film producer Harvey Weinstein will wait several more weeks to hear of his sentencing in a case that found him guilty of three counts of sexual assault and related crimes. Mr. Weinstein appeared in court for about five minutes on Monday morning and waived his right to have his sentencing sooner while his attorneys pursue a retrial.
With liquidity lower due to holidays, the dollar index was down around 0.3% on the day at 103.720 . "But for the near-term outlook we’re looking for some more performance in the euro versus the dollar." The euro was up 0.2% on the day at $1.0681 , on track for a 6.2% annual loss versus the dollar, compared to last year's 7% drop. The British pound was down 0.1%, set for a 11% annual drop . Still, it was set for an 8.6% annual drop, hurt by dollar strength and a domestic economic slowdown.
Harvey Weinstein saw his Hollywood empire collapse after allegations of sexual harassment were publicized. LOS ANGELES—Disgraced film producer Harvey Weinstein was convicted Monday of three counts of sexual assault and related crimes in Los Angeles and acquitted of another. The jury failed to reach a verdict on three other counts.
Bob Iger had been out of Walt Disney Co. for nearly a year, but as most people around him knew, he had never really let go. Acting almost as a shadow CEO, he had undermined his successor and provided an ear for unhappy Disney executives, some of whom he had mentored. When the call to return as chief executive came, it was from someone on his old team. Mr. Iger later told people he had an inkling of how the script would go.
From left: Edward Norton, Madelyn Cline and Daniel Craig in ‘Glass Onion: A Knives Out Mystery,’ now in theaters. Streaming pioneer Netflix Inc. gave movie theaters something to be thankful for this year. The streaming platform’s “Glass Onion: A Knives Out Mystery” made $9.2 million between Friday and Sunday, or an average of $13,200 per screen, a higher per-screen performance than any other movie in the U.S. and Canada this weekend, according to a person familiar with the matter.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/disneys-robert-iger-faces-animation-troubles-as-strange-world-bombs-11669582752
Disney’s Robert Iger Loomed Over Bob Chapek After Ceding CEO Role, Creating Tensions Soon after he took the top job in 2020, Chapek was at odds with Iger and complained to deputies he had been undermined from the startLast year, Disney’s then-CEO Bob Chapek, in blue shirt, and then-Executive Chairman Robert Iger appeared at a Walt Disney World Resort event Florida. The two men had clashed over layoffs at the theme parks early in the pandemic. Gerardo Mora/Getty Images
Four years ago, an amateur filmmaker named Ronald Dalton uploaded a 208-minute documentary that includes false conspiracies about Jews to Amazon Prime Video, one of thousands of titles self-uploaded to a service hungry for growth and a library of shows and movies. “Hebrews to Negroes: Wake Up Black America” existed in the kind of relative obscurity expected for an $8,000 production made in Mr. Dalton’s home. That was the case until last week, when Brooklyn Nets basketball star Kyrie Irving said he searched one evening for the Hebrew word “Yahweh” on Amazon, the service’s algorithm offered up the theories of “Hebrews to Negroes,” and Mr. Irving promoted it to his 4.6 million Twitter followers.
LOS ANGELES— Harvey Weinstein once presided over red carpets and award ceremonies in this city. His most recent appearances have been through a courthouse back door, where he is escorted by police officers and kept away from photographers. Five years after allegations of sexual assault derailed his career and more than two years after being convicted of sex crimes in New York, Mr. Weinstein is facing a new set of accusations in a Los Angeles criminal court. Beginning next week, jurors—nine men, three women—will hear the case against Mr. Weinstein that includes 11 counts of sexual assault. Five women are accusing the disgraced producer of assaults they say occurred between 2004 and 2013.
LOS ANGELES— Angela Lansbury , an actress whose career spanned more than 60 years and included legendary performances as diverse as Mrs. Lovett in “Sweeney Todd” and Jessica Fletcher in “Murder, She Wrote,” has died in Los Angeles, according to a statement from her family. She was 96 years old. “The children of Dame Angela Lansbury are sad to announce that their mother died peacefully in her sleep,” the statement said. A cause of death was not given.
The economy contracted 2.8% in 2020, revised up from the previously published 3.4% decline. Revisions showed GDI rebounding 5.5% in 2021, revised down from the previously published 7.3%. The gap between GDI and GDP, also known as the statistical discrepancy, is the sum of measurement errors in estimating the respective components of GDP and GDI. SUBSIDIES A CHALLENGEWith GDP revised higher and GDI lower, the statistical discrepancy narrowed to -0.6% of GDP in 2021. Overall, the GDP revisions to data from the fourth quarter of 2016 through the fourth quarter of 2021 did not change the economic picture.
How the Minions Became Hollywood’s Mightiest Franchise Animation studio Illumination decided to allow fans to become informal advocates for the thumb-shaped, gibberish-speaking klutzes‘If we create stuff and it’s lame, it will be held against us,’ says Illumination CEO Chris Meledandri, the man behind the Minions. ‘But when it’s just DIY, there’s great freedom to it.’Photo Illustration by Eleanor Shakespeare for The Wall Street Journal
CNN —“The Bachelorette” costars Gabby Windey and Rachel Recchia saw a dramatic two-part finale to the season. At the start of the finale, both women had a final suitor. Recchia was left with Tino Franco while Windey was with Erich Schwer, who seemed hesitant to propose to her. He explained that he had met the woman before filming and that they had kissed after running into each other at a bar. The two fought until host Jesse Palmer told Recchia that someone “demanded a chance to talk to you,” bringing runner-up Aven Jones on stage.
FashionMany men—including Jim Carrey—grew wild whiskers during lockdown. While some want to hang onto them, others argue the look is too unkempt for the office. Here, some guidelines.
Emery Wallerich is a yacht stewardess based in South Florida. I got the details from the woman, graduated, moved to Florida, and at the age of 22 started my career as a yacht stewardess. I'm the second stewardess on board, working with the chief stewardess and third stewardessAs the second stewardess, Wallerich is responsible for serving the yacht's owners and keeping the interiors tidy. I take a two-hour break after running lunch service and then help the chief stewardess run dinner service. A chief stewardess, the highest level and most experienced of the stewardesses, can easily make $100,000 per year.
Disney’s Robert Iger Loomed Over His Successor as CEO, Creating Tensions Soon after he took the top job in 2020, Bob Chapek was at odds with Mr. Iger and complained to deputies he had been undermined from the startLast year, Disney’s then-CEO Bob Chapek, in blue shirt, and then-Executive Chairman Robert Iger appeared at a Walt Disney World Resort event Florida. The two men had clashed over layoffs at the theme parks early in the pandemic. Gerardo Mora/Getty Images
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