Activist investor Nelson Peltz has sold his entire stake in Disney, a person familiar with the matter tells CNBC.Peltz sold all of his Disney stock at roughly $120 a share, the person said, making about $1 billion on the position. The stock currently trades for about $100 per share.The exit...
Category: News
Shaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
Chris Hemsworth stars as the villainous Dementus in Warner Bros.' "Furiosa: A Mad Max Saga."Warner Bros. DiscoveryIn George Miller's new Mad Max film "Furiosa," a red paint flare explodes and casts the theater screen in a saturated crimson cloud.Feet away, among the rows of gyroscopic 4DX chairs, plumes of fog...
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023.Andi Rice | Bloomberg | Getty ImagesDETROIT โ The United Auto Workers union is challenging the results of last week's organizing vote of Mercedes-Benz workers...
Frontier Airlines CEO urges crackdown of ‘rampant abuse’ of airport wheelchair service
Frontier Airlines plane seen at Cancun International Airport. On Wednesday, December 08, 2021, in Cancun International Airport, Cancun, Quintana Roo, Mexico.Artur Widak | Nurphoto | Getty ImagesThe 1986 Air Carrier Access Act requires airlines to provide a wheelchair for passengers with disabilities at the airport. The problem, though, is that...
Here’s where rents are rising โ and where they’re falling
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic.Now different drivers are pushing some rents higher โ and throwing cold water on others.Multifamily rents in April were 0.8% lower than they were...