It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
JPMorgan Chase CEO Jamie Dimon has endorsed Disney CEO Bob Iger in his proxy battle against activist investor Nelson Peltz of Trian Partners. Dimon praised Iger's leadership and industry expertise, while Peltz seeks board representation and changes to Disney's operations. Disney recently reported strong financial results, but Peltz remains critical. Dimon's endorsement signals support for Iger's strategy and confidence in his ability to navigate the evolving media landscape.
Paramount Global reported a quarterly profit but missed revenue expectations, with advertising and filmed entertainment underperforming. Paramount+ streaming service saw strong growth to 67.5 million subscribers and posted significant revenue increases, aiming for profitability in 2025. The company is considering sale options, but talks with Warner Bros. Discovery have stalled. Recent layoffs impacted 800 employees amidst declining TV media revenue.
