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.
‘Taco’ chance on the markets’ volatility, this is nacho average opportunity! Plus: Southwest, Boeing, Disney, Nvidia, Stellantis, McDonalds, Warner Brother
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.