🐭Disney shocker: Robert Iger to return as CEO, Bob Chapek ousted
In a stunning reversal, the Walt Disney Co. ...
In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out, and will be replaced by his predecessor, Robert Iger.
“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” boardf chair Susan Arnold said in a statement. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”
“Mr. Iger has the deep respect of Disney’s senior leadership team, most of whom he worked closely with until his departure as executive chairman 11 months ago, and he is greatly admired by Disney employees worldwide–all of which will allow for a seamless transition of leadership,” she said.
Benchmark U.S. crude oil for Decemberdelivery fell $1.56 to $80.08 a barrel Friday. Brent crude for January delivery fell $2.16 to $87.62 a barrel.
Wholesale gasoline for December delivery fell 3 cents to $2.42 a gallon. December heating oil was unchanged at $3.52 a gallon. December natural gasfell 7 cents to $6.30 per 1,000 cubic feet.
US Drillers Add Oil, Gas Rigs for Third Consecutive Week
U.S. energy firms this week added oil and natural gas rigs for...
U.S. energy firms this week added oil and natural gas rigs for a third week in a row as relatively high oil prices encourage companies to drill more.
The total oil and gas rig count, an early indicator of future output, rose three to 782 in the week to Nov. 18, its highest since March 2020. That puts the total rig count up 219 rigs, or 39%, over this time last year.
U.S. oil rigs rose one to 623 this week, their highest since March 2020, while gas rigs rose two to 157
US considers Saudi crown prince immune from suit over slaying. Despite President Biden’s...
US considers Saudi crown prince immune from suit over slaying. Despite President Biden’s harsh rhetoric about the role of Saudi Arabia’s Crown Prince Mohammed bin Salman in the murder of Jamal Khashoggi, the Biden administration said in a legal document that his position as a nation’s leader shields him from a lawsuit brought by the journalist’s former fiancée. The State Department stressed that it was making a determination based on precedent that had nothing to do with the merits of the case itself. A judge must still rule on whether MBS has immunity.
