Activist investor Blackwells Capital says The Walt Disney Company (DIS) is suffering from fragmentation, "unhurried innovation," and "spacial computing and AI mediocrity." The statements were made as part of Blackwells' bid to gain three seats on Disney's board. Yahoo Finance's Alexandra Canal reports the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich
An increase in share buybacks during fourth quarter earnings reports is the latest sign that companies are feeling better about their financial situation despite higher interest rates.
A widowed husband filed a lawsuit against Disney World after his wife, a New York-based doctor, died suddenly eating at an Orlando parks’ restaurant. The 19-page lawsuit claimed the wait staff was negligent toward his wife’s severe food allergies.