ABC News lays off senior execs in Disney’s cost-cutting drive
Walt Disney’s ABC News laid off several senior executives on Thursday, as it restructures its newsroom, two sources confirmed. The reductions are part of Disney’s previously...
What retailers could learn from Steve Jobs: Mickey Drexler
Retail legend Mickey Drexler, former CEO of Gap and J.Crew, talks about his latest venture, explains why he thinks small is the new big, and...
How we know the super-rich are finally clamping down on spending
Are the super-rich feeling the pain of recent US economic upheaval? A few key indicators – yachts, private jets and watches – aren’t looking good....
How Lyft’s new CEO could earn a $1 billion payday
This do-gooder is in the driver’s seat to do very well for himself. David Risher – who has spent the past 14 years running a...
ByteDance CEO, TikTok owner secretly met with Walmart CEO
Last week, while TikTok’s CEO was getting pummeled on Capitol Hill over the wildly popular app’s ties to China, his Beijing-based boss quietly flew to...
Banking lobbyist bans staff from using term ‘bank failure’
The American Banking Association isn’t wild about the phrase “bank failure” and is instead telling staff to give the crises at Silicon Valley Bank and...
CBS execs bar the word ‘transgender’ from reports on Audrey Hale
Top executives at CBS News have banned staffers from using the word “transgender” when reporting on Nashville shooter — despite the fact police have said...
Bankrupt NYC fashion label’s sales reps ordered to return commissions
A New York bankruptcy trustee has ordered dozens of former sales reps at Worth Collection – an upscale, New York-based women’s apparel label that went...
Leon Black rape accuser Guzel Ganieva to represent herself
The law firm representing a former Russian model who accused Apollo Global Management co-founder Leon Black of raping her said it has been fired, and asked a judge...
CNN primetime ratings down 61% in March: Nielsen data
Primetime ratings for CNN have fallen 61% this month — the steepest dip in viewership among the big three cable news giants, according to the...