Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud
Economy

Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud

Cinderella Castle in Walt Disney World.Roberto Machado Noa | Lightrocket | Getty ImagesDisney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor.Citing “changing business conditions” and the return of CEO Bob Iger, Josh D’Amaro, chairman of Disney’s parks, experiences and products division, penned… […]

Bentley CEO says customization craze among the wealthy is boosting profit
Economy

Bentley CEO says customization craze among the wealthy is boosting profit

Bentley CEO Adrian Hallmark.Scott Mlyn | CNBCAfter a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter due in large part to car customization, CEO Adrian Hallmark said.Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more impressive, especially at… […]

FDA advisors recommend Pfizer’s RSV vaccine for infants but raise safety concerns
Economy

FDA advisors recommend Pfizer’s RSV vaccine for infants but raise safety concerns

Respiratory syncytial virus viral vaccine under research.Hailshadow | Istock | Getty ImagesThe U.S. Food and Drug Administration’s independent panel of advisors Thursday recommended full approval of Pfizer’s vaccine that protects infants from respiratory syncytial virus, but raised safety concerns over premature births that may be tied to the shot. The committee unanimously said the vaccine efficacy… […]

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO
Economy

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Lisa Banks, Abnormal Security’s new chief financial officer. Abnormal Security Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes […]

Jim Cramer’s top 10 things to watch in the stock market Wednesday
Economy

Jim Cramer’s top 10 things to watch in the stock market Wednesday

US President Donald Trump displayed on a television during a news broadcast on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 21, 2025. Michael Nagle | Bloomberg | Getty Images My top 10 things to watch Wednesday, Jan. 22 1. Wall Street was tracking for a higher […]

Jamie Dimon says the U.S. stock market is ‘kind of inflated’
Economy

Jamie Dimon says the U.S. stock market is ‘kind of inflated’

JPMorgan Chase CEO Jamie Dimon on Wednesday called the U.S. stock market inflated and said he felt more cautious than others in the business world because of the risks from deficit spending, inflation and geopolitical upheaval. “Asset prices are kind of inflated, by any measure. They are in the top 10% or 15%” of historical […]