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Activist hedge fund Blackwells Capital is preparing to challenge Wendy's board of directors in a push for improvements to the fast food chain's financial performance, people familiar with the matter said on Friday.
Walt Disney on Monday hired PepsiCo veteran Hugh Johnston as its chief financial officer, strengthening top boss Bob Iger's hands as he tries to turn around the media giant facing a decline in its cable business and investor pressure.
Republican Florida Gov. Ron DeSantis threatened another wave of harsh crackdown measures targeting Disney on Thursday in the latest escalation of an ongoing public war of words with the Mouse House.
The governor had targeted Disney after it criticised a law curtailing gender and sexuality education.
A shareholder at Walt Disney’s shareholder meeting on Monday asked CEO Bob Iger to remove politics from the company’s entertainment content and go back to providing the kind of child-friendly programs that made its founder famous.