Disney Board Loses Two Tech Giants, Bitcoin Takes a Tumble
Facebook's COO Sheryl Sandberg and Twitter's CEO Jack Dorsey are set to leave Disney's board in March due to a conflict of interest. As Facebook and Twitter increasingly pursue video streaming capabilities, the companies are on a collision course with Disney's own video streaming technology.
Bitcoin hits a six-week low on concerns that Chinese regulators would crack down on the cryptocurrency. Chinese officials say they would block domestic access to trading platforms and mobile apps.
New York Attorney General Letitia James announced a lawsuit against PepsiCo Inc. on Wednesday, accusing the soda-and-snack food giant of polluting the environment and endangering public health after its single-use plastics were found along the Buffalo River.
Voting on a tentative contract agreement between General Motors and the United Auto Workers union that ended a six-week strike against the company appears too close to call after the latest tallies at several GM factories were announced Wednesday.
