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☆ What Cramer is watching Monday — Iger back at Disney, Amazon holiday forecast, Domino's EV fleet
▼ + stars: | 2022-11-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

What I am looking at Monday, Nov. 21, 2022 Disney (DIS): Bob Chapek out as CEO; former CEO Bob Iger back in the top job. Jefferies cuts price target to $240 per share from $250. Citi raises price target on Foot Locker (FL) to $38 per share from $33, benefitting from Nike 's (NKE) inventory. KeyBanc likes Timken (TKR), bearings and power transmission products maker, raises price target to $88 per share from $75; and keeps overweight (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Here's what Bob Iger's return as Disney CEO means for the company's theme parks
▼ + stars: | 2022-11-21 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Bob Chapek's tenure as Disney CEO abruptly ended, and Bob Iger will resume the role. A former Parks exec, Chapek angered many theme park fans by jacking up prices and axing free services. Chapek's time at Disney was marked by criticism of his handling of Disney's theme parks and park employees, and many Disney fans took to social media to celebrate Iger's return. He expanded the company's theme park offerings – opening an Avatar world, Toy Story Land, Star Wars: Galaxy's Edge, and Shanghai Disneyland – all while keeping many services comparatively low-cost or free. Not all Disney watchers believe Iger will radically change the direction Chapek had led Disney's theme parks, though.

☆ Disney offers an Iger solution to an Iger problem
▼ + stars: | 2022-11-21 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Nov 21 (Reuters Breakingviews) - Bob Iger isn’t really the reset that Walt Disney (DIS.N) needs, but for now, he’s the reset the $180 billion media giant is getting. The board is mandating that Iger set the strategic direction of the company and find his successor. Reuters GraphicsFollow @jennifersaba on TwitterloadingCONTEXT NEWSWalt Disney on Nov. 20 said Bob Iger is returning as chief executive officer, effective immediately. He replaces Bob Chapek, who was named chief executive officer in February 2020, replacing Iger. Iger, 71, served as chief executive from 2005 until 2020.

☆ Some Disney employees were so shocked by CEO Bob Iger's return they suspected an email announcement was a scam
▼ + stars: | 2022-11-21 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

Some Disney staffers thought the press release about Bob Iger's return was a scam, Variety reported. Iger, who led Disney from 2005 to 2020, was asked to come back to replace current CEO Bob Chapek. Disney stock is down nearly 40% so far this year, though it got a boost on news of Iger's return. The news of Iger's replacement of current Disney CEO Bob Chapek came around 6:45 p.m. Pacific Time, while some top Disney leaders were at a pre-show reception at Los Angeles's Dodger Stadium for Elton John's farewell show, according to Variety. Arnold added that Iger is "greatly admired by Disney employees worldwide."

☆ Bob Chapek's Disney angered Scarlett Johansson, Florida's governor, and more in his two-plus years as CEO
▼ + stars: | 2022-11-21 | by ( Travis Clark | ) www.businessinsider.com time to read: +5 min

Disney announced Sunday that Bob Iger would return as CEO, replacing his successor Bob Chapek. Less than three years later, Chapek is out, and Iger, who led Disney through unprecedented success, is back in. By 2021, with theatrical attendance still rocky, Disney aimed to release some movies in theaters and, for a fee, onto Disney+ simultaneously. Star Scarlett Johansson sued Disney, claiming the move breached her contract, as her salary was based on a portion of box-office earnings. It also led to creatives speaking out on the lack of LGBTQ+ representation in Disney movies.

☆ Disney's Bob Iger shocker is the latest sign that Wall Street is calling the shots at major companies. Here are 3 other titans that have felt activist pressure this year.
▼ + stars: | 2022-11-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Wall Street has increased its pressure on companies to get more efficient amid the ongoing stock market decline. Bob Iger's abrupt return to Disney as CEO this week is the latest example that investors are calling the shots. Corporate titans like Meta's Mark Zuckerberg and Alphabet's Sundar Pichai have not been immune to the pressure from Wall Street. Now, Disney is facing new pressure from Trian Fund Management's Nelson Peltz, according to the Wall Street Journal. These are three other companies that have faced pressure from investors recently as their stock prices suffer.

☆ Disney’s tale of two Bobs
▼ + stars: | 2022-11-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

This was a big surprise Sunday night, for a few reasons:1) Iger has previously dismissed the idea of going back to Disney. Then, he kept going: Iger’s Disney acquired Lucasfilm, home of the Star Wars franchise, for a little over $4 billion. Disney shares surged 9% Monday morning, reflecting investors’ hopes that Iger will swoop in and work his magic. The Trump news was no surprise — even before buying Twitter, Musk made clear he would reinstate Trump and rethink the site’s content-moderation policies. And if Musk’s strategy is to stoke controversy, he’s already brought out the big guns in letting Trump back on.

☆ Disney shares rise after Iger replaces Chapek as CEO
▼ + stars: | 2022-11-21 | by ( Mike Calia | ) www.cnbc.com time to read: +1 min

Shares of Disney popped in premarket trade Monday, the morning after the company announced it had replaced CEO Bob Chapek with Bob Iger. As of Friday's close, the company's shares had fallen about 40% so far this year. Its most recently quarterly earnings report, which hit earlier this month, arrived with a thud, sending the company's shares down dramatically. Three days after that report, Chapek told his lieutenants in a memo that Disney would seek to cut costs through hiring freezes, layoffs and other means. Since then, Disney's shares have tumbled.

☆ Qatar makes World Cup debut in a controversial tournament of firsts
▼ + stars: | 2022-11-20 | by ( Ben Church | ) edition.cnn.com time to read: +8 min

Doha, Qatar CNN —There have been 21 editions of the men’s World Cup since its inauguration in 1930 but Qatar 2022 is set to be a tournament like no other. Since it was announced as the host city almost 12 years ago, it was always destined to be a World Cup of firsts. Seventy percent of the squad that won the trophy came through the academy, and that number has only increased heading into the World Cup. Female officialsQatar 2022 will also see female referees officiate a men’s World Cup match for the first time. Referee Yoshimi Yamashita will make her debut at the men's World Cup.

☆ 'I have no words': Ecuadoreans celebrate historic World Cup opener win
▼ + stars: | 2022-11-20 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

[1/5] Fans watch the open match Qatar v Ecuador during the FIFA World Cup Qatar 2022 in Ibarra, Ecuador November 20, 2022. REUTERS/Karen ToroQUITO, Nov 20 (Reuters) - Thousands of euphoric Ecuadoreans celebrated on Sunday in various cities around the South American nation after the country's historic victory against host nation Qatar in the opening game of the soccer World Cup. The game marked the first time a host nation had been beaten in a World Cup opener. The first round of Group A games will be completed on Monday with the game between the Netherlands and Senegal. Ecuador will play again on Friday against the Netherlands, while Qatar will face Senegal.

☆ ‘Housing First’ Foments Homelessness in California
▼ + stars: | 2022-11-19 | by ( Joe Lonsdale | Judge Glock | ) www.wsj.com time to read: +1 min

He said he’d convene a meeting this month to discuss what really works. He should start with what doesn’t work: everything California has done for years. Residents have known for years what Mr. Newsom has only belatedly recognized: that the government is failing to address the problem. Homelessness is a nationwide problem, but nowhere is it as bad as in the Golden State. Despite billions in state and local spending every year, more than half of the country’s unsheltered homeless are in California.

☆ Disney Parks’ Ride Stoppages and Wait Times Grow as Ticket Prices Rise
▼ + stars: | 2022-11-19 | by ( Robbie Whelan | Jacob Passy | ) www.wsj.com time to read: 1 min

Star Wars: Rise of the Resistance has grown into a major draw for visitors to Disneyland in Anaheim, Calif.Amie Gasabyan was riding the Indiana Jones Adventure thrill ride at Disneyland with her 9-year-old daughter Ella on a recent weekday when it lurched to a halt in a pitch-black tunnel. Ms. Gasabyan told her daughter to stay calm and that this happens all the time. The ride started up again after about seven minutes.

☆ Afghan Taliban say group will stick to strict Islamic law
▼ + stars: | 2022-11-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

KABUL, Afghanistan — The Taliban will stick to their strict interpretation of Islamic law, or Sharia, a spokesman said Thursday, underscoring the group’s intention to continue hard-line policies implemented since they took over Afghanistan more than a year ago. During their previous years in power in the late 1990s, the Taliban carried out public executions, floggings and stoning of those convicted of crimes in Taliban courts. According to Taliban spokesman Zabihullah Mujahid, the group’s supreme leader, Hibatullah Akhunzada, met with Taliban judges a few days ago and instructed them to implement Sharia law in their rulings. Mujahid said this instruction prompted perceptions that Islamic law had been abandoned in the Islamic emirate, as the Taliban call their administration. “It doesn’t mean that the Islamic emirate didn’t implement the limits of Allah Almighty since it came to power,” he said.

The best Bank of America credit card reviewsBank of America Unlimited Cash Rewards CardWhy the BofA Unlimited Cash Rewards card is worth it: The Bank of America® Unlimited Cash Rewards Credit Card is an excellent choice for straightforward flat-rate rewards on all purchases. You need good to excellent credit to qualify for the best Bank of America credit cards (most of the cards on this list) — meaning a FICO score of at least 670 (VantageScore of at least 700). Certain cards (such as the Bank of America® Business Advantage Unlimited Cash Rewards Credit Card and the Bank of America Business Advantage Customized Cash Rewards Credit Card) require you to have excellent credit (FICO score of at least 800). You can request a credit line increase on eligible Bank of America credit cards when you sign into your Online Banking account, select your credit card, go to Account Summary, and click the "Request a credit line increase" link under Card Details. The best way to avoid paying interest on your Bank of America card (as with all credit cards) is by paying your credit on time and consistently.

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☆ I got my big break as a Lionsgate screenwriter after I moved 2,000 miles from Hollywood. Here's how I made connections and worked my way up from security guard to my dream career.
▼ + stars: | 2022-11-17 | by ( Ken Miyamoto | ) www.businessinsider.com time to read: +14 min

Ken Miyamoto was a security guard at Sony, and worked his way up to story analyst for the studio. In 1996, I took one University of Wisconsin screenwriting class, and that was the extent of my screenwriting education. I moved to California from Wisconsin with my wife in late 1999 to pursue a career in screenwriting. The apartment was way overpriced and much smaller than others we looked at, but we signed the lease that day. Lastly, don't write for free.

☆ Google Maps got a big update that shows where fast-charging EV stations are and more
▼ + stars: | 2022-11-17 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

If you drive an EV, you'll be able to filter charging stations to find the most time-efficient option. The update is available in countries where EV charging stations are available, according to Google. Google Maps is also getting an update to its augmented reality tool. When you hold up your phone, for example, and tap the camera icon in Maps, you'll see nearby landmarks, parks, hotels, restaurants, bars, banks and ATMs. You'll also see info like how busy the location is, whether or not it's open, what the price range is and how it's rated by Google Maps users.

☆ Cramer calls for Disney CEO’s firing, says company’s ‘balance sheet from hell’ must be fixed
▼ + stars: | 2022-11-17 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Jim Cramer on Thursday called on Disney (DIS) to oust CEO Bob Chapek and clean up the company's ugly balance sheet. "The balance sheet, crushed by the need to make Disney+ profitable, as if nothing's changed since the original profitability goal in 2024, must be fixed. That balance sheet is the balance sheet from hell." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Two Cambodian wildlife officials were among eight people charged Wednesday with running an international monkey smuggling ring that shipped primates to the U.S. that were poached from the wild and falsely labeled as coming from breeding facilities, federal prosecutors said. Cambodian wildlife officials were paid to help transport the monkeys to the facilities, including the Vanny Bio Research center in Cambodia, the indictment says. One of the Cambodian wildlife officials, Masphal Kry, 46, was arrested Wednesday at John F. Kennedy Airport in New York City. According to federal prosecutors in Miami, he personally transported the monkeys to the Cambodian facilities and received payments from the other members of the alleged smuggling ring between December 2017 and this September. “The allegations are alarming — the plundering of wild populations of long-tailed macaques and falsely labeling them as captive-bred in order to bypass regulations,” Kite said.

☆ Disney World Announces Another Round of Price Increases
▼ + stars: | 2022-11-16 | by ( Jacob Passy | ) www.wsj.com time to read: 1 min

Walt Disney Co. will soon be charging more for families to experience the magic in Florida. Beginning in December, single-day, single-park tickets to Walt Disney World in Florida will vary in price based on which of the four theme parks people visit at the Orlando-area resort. Prices will also vary depending on when a person visits, as is already the case, with tickets being more expensive on more popular dates. The new prices go into effect Dec. 8.

☆ Capital One SavorOne Student Cash Rewards card review: $100 welcome bonus, 3% back for everyday spending, and a free Uber One membership
▼ + stars: | 2022-11-16 | by ( David Mcmillin | Joseph Hostetler | Read More | ) www.businessinsider.com time to read: +34 min

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☆ Disney World Is Raising Prices for the Second Time in a Year
▼ + stars: | 2022-11-16 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

Disney World announced price increases starting in December that will vary based on the day and park. Disney World announced new single-day prices on Wednesday for its four different parks, beginning December 8. This is the second time this year that Disney has raised prices associated with its parks. The service cost $15 at Disney World and $20 at Disneyland. In October, the price increased to between $15 and $22 at Disney World, and to $25 at Disneyland.

Audiences will see how the battle in the Texas Legislature over gender-affirming care for trans children is far from a mere partisan philosophical argument or campaign talking point for me. That’s the year a flood of anti-LGBTQ bills were introduced in the Texas Legislature — the majority of which directly targeted trans kids and their families. This year dealt Texas trans families a double blow when state Attorney General Ken Paxton delivered a nonbinding legal opinion that gender-affirming care for children was child abuse — followed by a directive from Gov. We acted quickly as a family, breaking the news of our pending out-of-state move to Noah over an unforgettably sad dinner. Despite it all, Texas is where our hearts reside, no matter how many miles might separate us and how directly damaging Republican rhetoric has been.

☆ Walmart will report earnings before the bell — here's what to expect
▼ + stars: | 2022-11-15 | by ( Melissa Repko | ) www.cnbc.com time to read: +2 min

Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up for the peak of holiday season. To drum up sales, Walmart, Amazon , Target and other retailers have kicked off the holiday season early. Walmart threw its own sales event in October to coincide with Amazon's second Prime Day-like sales event of the year. The company's shares closed Monday at $138.39, bringing Walmart's market value to about $375.62 billion.

Republican Lori Chavez-DeRemer has made history as Oregon’s first Hispanic member of Congress, according to NBC News projections. "I am excited and ready to serve the people of Oregon," Chavez-DeRemer tweeted Monday alongside a photo standing in front of the U.S. Capitol building. Chavez-DeRemer became the first Latina and first female mayor of the city of Happy Valley in 2010 and was re-elected 2014. Before that, she served on the Happy Valley Parks Committee and the Happy Valley City Council. From having never elected a Hispanic to Congress, another Latina in Oregon could be elected and make history alongside Chavez-DeRemer.

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