DIRS.INFO The most relevant business & tech news

☆ David Zaslav's top priority at Warner Bros. Discovery: Get the cash flowing again
▼ + stars: | 2022-12-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +7 min

Warner Bros. Warner Bros. Discovery will generate more than $3 billion in free cash flow this year, about $4 billion next year and close to $6 billion in free cash flow in 2024, according to company forecasts. Warner Bros. The one certainty is Zaslav's decision will be squarely based on how a deal affects the company's free cash flow.

☆ HBO Max streaming service returns to Amazon Prime Video
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +1 min

Dec 6 (Reuters) - The HBO Max video streaming service is once again available on Amazon's Prime Video Channels in the United States, ending a more than year-long hiatus. Warner Bros Discovery (WBD.O) and Amazon Inc (AMZN.O) announced Tuesday that Prime customers can sign up for HBO Max, effective immediately. AT&T canceled subscriptions purchased through Amazon's Prime Video in September 2021 and refunded money, as it sought to establish direct relationships with customers. Amazon and Warner Bros Discovery said HBO Max will be available for $14.99 a month. Researcher Parks Associates this month ranked Prime Video as the top streaming service in the United States.

Therefore, experts say, hiring Black teachers is necessary to address the racial disparities that lead to poor educational outcomes and criminalization for Black children. Furthermore, advocates say that Black students who don’t have Black teachers are less likely to become teachers themselves, so commitments to diversifying the industry must start early on in the classroom. The Black Teacher Project in Oakland, California, works with Black teachers to “reimagine schools as communities of liberated learning,” the Project’s website reads. It also teaches educators how to implement restorative practices in their classrooms and invites them to retreats to foster community among Black teachers. “Therefore, the Black Teacher Project’s motto is ‘Every child deserves a Black teacher.’”

☆ States Advancing Gun-Control Proposals Face Legal Uncertainty
▼ + stars: | 2022-12-05 | by ( Jimmy Vielkind | ) www.wsj.com time to read: 1 min

Democratic-led states where gun restrictions were upended by a recent U.S. Supreme Court ruling are pushing ahead with new measures to ban concealed weapons from places such as hospitals, parks and houses of worship. Lawmakers in several states are considering legislation to replace their old permitting regimes, which gave state licensing officials wide latitude to deny permits unless a gun owner could provide sufficient justification for carrying a concealed weapon outside the home. The 6-3 high-court opinion said that New York officials had too much discretion. The court also set a new constitutional test for state and local gun-control measures: They must be consistent with the nation’s historical tradition of firearms regulation.

☆ Conditions for China to downgrade its management of COVID-19 maturing - state media
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas PeterBEIJING, Dec 5 (Reuters) - Conditions for China to downgrade its management of COVID-19 as a serious contagious disease improving as the coronavirus weakens, state media outlet Yicai reported, among the first to float the idea. Category A diseases in China include bubonic plague and cholera, while SARS, AIDS and anthrax fall under Category B. Infectious diseases such as COVID-19 that have strong pathogenicity, a high fatality rate and strong infectivity are classified as Class A or Class B but managed as Class A. COVID-19 could be downgraded to Category B management or even Category C, the expert told Yicai. Any adjustment to the management of infectious diseases by the National Health Commission, China's top health authority, requires the approval of the State Council, or cabinet.

HONG KONG, Dec 5 (Reuters) - China may announce 10 new COVID-19 easing measures as early as Wednesday, two sources with knowledge of the matter told Reuters, supplementing 20 unveiled in November that set off a wave of COVID easing steps nationwide. Management of the disease may be downgraded as soon as January, to the less strict Category B from the current top-level Category A of infectious disease, the sources said on Monday, speaking on condition of anonymity. China will allow home quarantine for some of those testing positive, among the supplementary measures set to be announced, two sources told Reuters last week. COVID-19 could be downgraded to Category B management or even Category C, the expert told Yicai. read moreWriting by Ryan Woo; Editing by Alison Williams and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Morgan Stanley upgrades China stocks as global investors cheer on Covid reopening hopes
▼ + stars: | 2022-12-05 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN Business —Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests. Starting Monday, Shanghai residents will no longer require a negative Covid test result to enter outdoor venues including parks and scenic attractions. “Multiple positive developments alongside a clear path set towards reopening warrant an upgrade and index target increases for China,” its analysts said in a research note on Monday. MSCI China, an index tracking major Chinese stocks available to global investors, will hit the 70 level by the end of 2023, according to Morgan Stanley. The offshore yuan, a key gauge of how international investors think about China, strengthened sharply against the US dollar on Monday.

☆ Global investors cheer on China reopening hopes
▼ + stars: | 2022-12-05 | by ( Laura He | ) edition.cnn.com time to read: +5 min

☆ China Loosens Covid Restrictions as Public Anger Simmers
▼ + stars: | 2022-12-04 | by ( Chun Han Wong | ) www.wsj.com time to read: 1 min

HONG KONG—Local authorities across China are paring back some of their strictest Covid-19 control measures, just days after public anger spilled over into rare protests against a zero-tolerance approach that has kept the country largely isolated for three years. In recent days, officials in major cities—including Beijing and other areas where protests broke out a week ago—said they were lifting some curbs on residents’ movements, such as by ending mandatory Covid testing for people who want to use public transport or enter parks and other public spaces.

In this article DIS Follow your favorite stocks CREATE FREE ACCOUNTBob Iger, CEO, The Walt Disney Company Scott Mlyn | CNBCDisney reappointed Bob Iger as its chief executive recently, abruptly replacing his hand-picked successor Bob Chapek, and giving Iger an early goal — find a new replacement during the next two years. Iger's attention has quickly turned to the other part of his mandate from the board — the immediate challenges facing Disney's business, such as the company's reorganization, cost structure and the future growth of its streaming business. He is the chairman of Disney's studio content and spearheaded the integration of Iger's acquisitions into Disney's overall content pipeline. D'Amaro is head of Disney's parks, experiences and products, the same position Chapek held before becoming CEO. Rebecca Campbell, who's currently in charge of Disney's international content and operations, is another candidate that Iger may favor, people familiar with the matter said.

☆ Disney succession plan is a top priority for returning CEO Bob Iger: 'People would struggle to write down three names' at the company who could step up
▼ + stars: | 2022-12-03 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com time to read: +6 min

Former Disney CEO Bob Iger is back in his old job, in a move that shocked the media world. From cost cuts to streaming to a solid future succession plan, here's what they hope the CEO will tackle. Following the stunning November 20 announcement that former Disney CEO Bob Iger would be returning to his old job, the happiest place on earth might actually be Wall Street. "What I like about Bob Iger is Bob Iger has always been direct, he's been honest, he's been willing to make tough choices," Michael Nathanson, a senior research analyst and co-founder of the firm, said in a CNBC interview. Are you a Disney insider with insight to share about Bob Iger's return?

☆ Beijing, Shenzhen loosen more COVID curbs as China fine-tunes policy
▼ + stars: | 2022-12-03 | by ( Brenda Goh | ) www.reuters.com time to read: +5 min

The southern city of Shenzhen announced it would no longer require people to show a negative COVID test result to use public transport or enter parks, following similar moves by Chengdu and Tianjin. A video showing workers in Beijing removing a testing booth by crane on to a truck went viral on Chinese social media on Friday. CHINA OUTLIERThree years into the pandemic, China has been a global outlier with its zero-tolerance approach towards COVID that has seen it enforce lockdowns and frequent virus testing. China reported 32,827 new local COVID-19 infections for Dec. 2, down from 34,772 a day earlier. As of Friday, China reported 5,233 COVID-related deaths and 331,952 cases with symptoms.

☆ 19 best white elephant and Secret Santa gift ideas under $50
▼ + stars: | 2022-12-02 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +11 min

What is a white elephant gift exchange? A white elephant gift exchange — sometimes referred to as a Yankee swap — is a fun holiday activity in which everyone brings one wrapped gift and leaves with a different one. To help even the odds, most white elephant gift exchanges work best when all the gifts align in cost — typically within the $30-to-$75 range. What is a Secret Santa gift exchange? The best white elephant and Secret Santa gift ideasTo help you find the right gift for your white elephant and Secret Santa gift exchanges, we rounded up gift ideas based on our previous coverage and reader interest, all under $50.

☆ Florida mulls U-turn on move to strip Disney theme-parks of self-governing status - FT
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +1 min

The new law would also mean that Disney would have to pay more taxes, state governor Ron DeSantis had said in April when he signed the bill. read moreThe state lawmakers are working on a compromise that would allow Disney to keep the arrangement largely in place with a few modifications, the FT reported. The bill signed in spring this year by governor Ron DeSantis eliminates special governing jurisdiction that allowed the company to operate Walt Disney World Resort as its own city. The bill to strip Disney of its self-governing authority was signed soon after and was seen as an attack on the company for its political stance. Representatives for Disney and Florida governor Ron DeSantis did not immediately respond to a Reuters request for comment.

☆ The ‘yes, but’ economy. Yes, we’re worried about recession — but the economy remains resilient
▼ + stars: | 2022-12-02 | by ( Christine Romans | ) edition.cnn.com time to read: +2 min

New York CNN Business —Each week brings head-scratching contradictory news about the economy. Tthis past week was no different, with a batch of economic reports showing that — despite the recession talk — the US economy shows remarkable resilience. Yes, the economy is strong. Yes, economists are worried about a recession, but the job market is incredibly tight with more than 10 million open jobs and 1.7 jobs available for anyone who’s searching for one (or looking to job hop). That means the next year will no question be a challenge as all that tightening continues to work its way through the economy.

For years, Argentine fans said that no matter how many Ballons d'Or and trophies Messi won with Barcelona, he could never match Maradona until he too lifted a World Cup. EMOTIONAL MESSIMany of the banners show Messi and Maradona together, some depicting the late No. And Messi himself has opened up emotionally to rally the team and nation after their shock defeat to Saudi Arabia. "For me, Messi has always felt and done his all for the national team, from his first game until now. "Messi has suffered from being a venerated star in Barcelona but often under attack here in Argentina."

☆ 'Oswald the Lucky Rabbit' returns in his first Disney film in 94 years
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

[1/4] A screen grab from an undated handout video shows a frame from "Oswald the Lucky Rabbit" film, featuring a character that returned in the new Disney film for the first time in 94 years. Walt Disney Animation Studios/Handout via REUTERSLONDON, Dec 1 (Reuters) - Walt Disney Animation Studios has produced its first Oswald the Lucky Rabbit film in 94 years, creating a new animation short of the much loved character said to be a prototype for Mickey Mouse. "Oswald the Lucky Rabbit" was created by the studio's hand-drawn animation team as part of the Disney 100 Years of Wonder celebrations marking the 100th anniversary of The Walt Disney Company. Animator and producer Walt Disney created Oswald the Lucky Rabbit in 1927 for Universal, introducing the mischievous character to audiences in the short film “Trolley Troubles”. Disney and his team created 26 Oswald short films, with the last released in 1928 when he lost creative control over the character.

☆ Disney insiders are worried about how Bob Iger will remake former CEO Bob Chapek's business structure — here's what they hated about it and what they hope will change
▼ + stars: | 2022-12-01 | by ( Elaine Low | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Disney CEO Bob Iger has said he will put "decision-making back in the hands of our creative teams." Under former CEO Bob Chapek's structure, distribution and budgets were taken out of the hands of creative execs. Chapek's 2020 restructuring — which focused the company's firepower on boosting streaming subscriber growth at Disney+, Hulu, and ESPN+ — meant additional layers of approval for studio and network execs at Disney General Entertainment (DGE) to get projects made. That meant hands were tied across Disney's studios and networks, from Disney+ to 20th Century to Hulu. For creative execs whose careers were built on their ability to balance storytelling and business needs, losing control over the latter was frustrating.

☆ Bob Iger’s biggest challenge at Disney: Finding the next Bob Iger
▼ + stars: | 2022-11-30 | by ( Frank Pallotta | ) edition.cnn.com time to read: +5 min

New York CNN Business —Bob Iger has a lot on his to do list in his second round as Disney’s CEO. Finding the next Bob Iger. Josh D’AmaroLet’s start with Josh D’Amaro, chairman of Disney’s Parks, Experiences and Products, who took over that role from Chapek when he became CEO. Jimmy Pitaro & Dana WaldenThere also are two executives from Disney’s TV side: Jimmy Pitaro, chairman of ESPN and Sports Content, and Dana Walden, chairman of Disney General Entertainment Content. The next Bob IgerIs it even possible to replace Bob Iger?

☆ Disney CEO Bob Iger is focused on repairing the company's creative engine, says Puck's Matt Belloni
▼ + stars: | 2022-11-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger is focused on repairing the company's creative engine, says Puck's Matt BelloniMatthew Belloni, Puck founding partner, joins CNBC's 'Squawk Box' to discuss the obstacles facing returning Disney CEO Bob Iger, including picking a successor and fixing high prices at the parks.

☆ 6 Disney executives Bob Iger will trust to drive his new strategy as he radically remakes the business structure implemented by former CEO Bob Chapek
▼ + stars: | 2022-11-30 | by ( Lucia Moses | Alison Brower | ) www.businessinsider.com time to read: +8 min

The returning CEO will have to unwind the business structure implemented by Bob Chapek while finding a successor. Disney CEO Bob Iger returns to a company facing significant pressures on its linear and streaming businesses. He'll also need to unwind the business structure implemented in 2020 by his short-lived predecessor, Bob Chapek — which separated budgeting and distribution decisions from creative content development. Alan Bergman, chairman, Disney Studios ContentAlan Bergman. Dana Walden, chairman, Disney General Entertainment ContentDana Walden.

☆ Oakmark Funds' Bill Nygren sees these value stock picks as cheap
▼ + stars: | 2022-11-29 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

There are opportunities to pick up value stocks in today's market, though it isn't cheap overall, according to Bill Nygren, a portfolio manager at Oakmark Funds. "There are lots of expensive stocks and lots of very cheap stocks," he said on CNBC's "Closing Bell" on Tuesday. He also likes a slew of media names including Charter Communications , Disney , Netflix and Warner Brothers Discovery. Nygren also likes Disney for its assets, including its theme parks and its outstanding film library. In the group, Oakmark thinks that Netflix, Disney and Warner Brothers Discovery are winners in that battle.

☆ I'm a Disney World expert who runs my own travel agency. Here are my best tips for an affordable — and headache-free — trip to the parks.
▼ + stars: | 2022-11-29 | by ( Julie Halpert | ) www.businessinsider.com time to read: +8 min

I've been to Disney World more than 50 times, and I go to Disneyland every few weeks. The first time I went to Disney World was when I was nine months old. I became an expert in planning Disney trips not just through my own excursions but by planning vacations for friends and family who asked for help. I plan trips for all Disney destinations, including Disney World, Disneyland, Disney Cruise Line, Aulani, and Adventures by Disney. Planning Disney trips was a side hustle that became a full-time careerMertzman with Minnie Mouse.

My family lives in an affluent area, but I don't want my kids to take money for granted. I thought I was giving my kids the best childhood ever until my 4-year-old asked why we didn't own a "bigger golf cart." I thought I had time to teach my two young kids about money, but I was wrong. Here's how I'm teaching my kids about money, finances, and how to appreciate what you have. "Not everyone is lucky enough to live in a nice house with lots of toys like you and your brother," I explained.

☆ Bob Iger signals support for LGBTQ rights on company call. Here's why that's so important for Disney's future.
▼ + stars: | 2022-11-29 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

On a company call Monday, Disney CEO Bob Iger said inclusion is a "core value." Iger told employees that inclusion and acceptance are among the "core values" at the company, according to CNBC. Florida lawmakers voted to rescind the special tax status of Disney World in Orlando. Disney/PixarMost Americans support LGBTQ rightsFor Disney's leadership, losing the company's special tax status in the state carries financial repercussions. He's also bold and wildly empathetic," Don Hall, director of "Strange World," told Variety, speaking about the film's openly gay main character.

Search resuls for: "SeaWorld Parks

25 mentions found