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Nelson Peltz Wins Key Endorsement in Disney Battle

Institutional Shareholder Services, the influential proxy-advisory firm, recommended that Disney shareholders vote to add the activist investor to the board of the entertainment giant.  Institutional Shareholder Services, the influential proxy-advisory firm, recommended that Disney shareholders vote to add the activist investor to the board of the entertainment giant.  FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Korean Air to Order Airbus A350 Jets in $13.7 Billion Deal

South Korean flag carrier says the deal with the European plane maker is set to include 27 A350-1000s and six A350-900s , which it plans to deploy on routes such as Seoul to New York. South Korean flag carrier says the deal with the European plane maker is set to include 27 A350-1000s and six A350-900s , which it plans to deploy on routes such as Seoul to New York. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media.…

Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems

Several major carriers are making the unusual request as frustrations mount following the Alaska Airlines 737 MAX blowout. Several major carriers are making the unusual request as frustrations mount following the Alaska Airlines 737 MAX blowout. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Elizabeth Warren Urges SEC to Investigate Tesla Over Board Independence

The senator raised concerns about potential conflicts of interest between carmaker and the private companies Elon Musk runs. The senator raised concerns about potential conflicts of interest between carmaker and the private companies Elon Musk runs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

February home sales spike 9.5% as supply improves

A "Sale Pending" sign in front of a home in Pinole, California, US, on Tuesday, Dec. 26, 2023.David Paul Morris | Bloomberg | Getty ImagesSales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been expecting a slight drop.Sales were down 3.3% year over year, but it was the largest monthly gain since February of last year. Sales surged the most in the West, up 19.4%, and the South,…

Adelabu speaks on disquiet over N12.7 billion meter installation contract

The PowerUp Initiatives for Electricity Rights (PowerUp Nigeria) has urged the Federal Executive Council (FEC) to revive the award of a N12.7 billion meter installation contract to De Haryor Global Services Limited. Adetayo Adegbemle, executive director of PowerUp Nigeria, made the call in a statement on Wednesday. PowerUp Nigeria is an electricity consumer rights and policy advocacy organization. The Nigerian government had earlier in the week announced the flag-off of a N40 billion mass metering project to end…

QuikTrip expands stores to 11 in Colorado, plans five more in the state this year

Another day, another opening of a gas station/convenience store by a company with a well-known brand and loyal following that is intent on making inroads into Colorado. QuikTrip Corp., based in Tulsa, Okla., officially marked the opening of its second Denver store Wednesday by inviting community members and nonprofits the company works with to a ribbon-cutting ceremony. The store at 6477 E. Evans Ave. is the 11th QuikTrip built in Colorado since 2022. The celebration of the store’s opening came two days after Texas-based…

Colorado’s Hesperus Ski Area to remain closed through 2025

As ski passes for the 2024-25 season go on sale this month, one small Colorado resort has decided it will not open for at least the next year. Hesperus Ski Area near Durango said it “will not operate for the 2024/2025 season. … Both downhill and uphill skiing as well as winter tubing will not be available.” That means Hesperus will be closed for two consecutive seasons after a mechanical failure with its sole chairlift prevented the ski area from opening this winter. While Hesperus’ Bighorn Lift is still in disrepair,…

Darden Restaurants (DRI) Q3 2024 earnings

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants on Thursday reported mixed quarterly results as the Olive Garden owner's same-store sales shrank for the first time since the pandemic.Shares of the company fell more than 4% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.62 adjusted, meeting…

ESPN executives talk streaming plans in CNBC documentary

Disney's ESPN is at a crossroads.For more than 40 years, the world's largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN's monthly carriage fee was $9.42 per subscriber, according to data from S&P Global Market Intelligence.That business model is eroding. Since 2013, tens of millions of Americans have canceled their cable TV subscriptions, raising questions about ESPN's future…