Stocks

ESPN plans to maintain its cable channel even with its streaming service, according to anonymous sources.

Microsoft still faces legal hurdles in the U.S. and U.K.

It’s unclear where the reductions will be made, but executives said there won’t be layoffs.

Google cofounders Larry Page and Sergey Brin surged back into the ranks of the 10 richest people in the world Thursday.

The entertainment conglomerate lost four million subscribers for Disney+ last quarter while raking in $2 billion in profits from its theme parks.

Hourly workers at Jenny Craig could have already worked their last shift, according to an internal message to employees.

Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.

First Republic’s stock cratered on Friday, and is now down 98% from its 52-week high.

“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.

Spoiler alert: shareholders are losing their shirts. Blame a series of unusual gaffes, snafus and miscommunications.