Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records

Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records


Key Points
  • The American Federation of Teachers, AFL-CIO, and Reporters Without Borders are seeking board materials, communications and policies related to the suspension of “Jimmy Kimmel Live!” 
  • The groups argue that the decision was driven by threats from federal regulators and broadcast affiliates, rather than a business calculation in shareholder interests.



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Stocks making the biggest moves midday: Mirion Technologies, Freeport-McMoRan, CarMax & more
Finance

Stocks making the biggest moves midday: Mirion Technologies, Freeport-McMoRan, CarMax & more

Check out the companies making the biggest moves midday: Mirion Technologies — The radiation detection name fell more than 8% after it announced a common stock offering of $300 million. Mirion is also selling $250 million in convertible bonds. Worthington Steel — The metal processing company dropped 8% on mixed fiscal first-quarter results. While sales […]

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Global casting call for top traders: From TV weatherman to dentist, FundSeeder finds hidden talent
Finance

Global casting call for top traders: From TV weatherman to dentist, FundSeeder finds hidden talent

Key Points FundSeeder is a platform founded by “Market Wizards” author Jack Schwager and Emanuel Balarie that searches for under-the-radar trading talent worldwide and provides them with capital to scale. “There are lots of great traders globally that are completely unknown,” Schwager said. Source

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Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Finance

Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent

Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]

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