Disney (DIS) has announced that outgoing Morgan Stanley CEO James Gorman (MS) and Former CEO of Sky Jeremy Darroch (CMCSA) will be joining the multinational media company's board of directors while former Illumina CEO Francis deSouza (ILMN) will not seek re-election. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development from Disney and what it for CEO Bob Iger's business strategy. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Disney CEO Bob Iger said the company is hard at work to find his replacement. Here's what he had to say on that topic, and other matters, at the New York Times DealBook Summit.
Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to "go fuck yourself" in a fiery Wednesday interview. Musk has faced a torrent of criticism since he on Nov. 15 agreed with a user who falsely claimed Jewish people were stoking hatred against white people, saying the user who referenced the "Great Replacement" conspiracy theory was speaking "the actual truth." On Wednesday Musk said he had "handed a loaded gun" to detractors, describing his post as possibly the worst he had made during a history of messages that included many "foolish" ones.