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Country back to the brink ahead of the holidays an the association of american railroads estimated it could cost the u.s. economy $2 billion a day if rail workers do end up going on strike. now a story that has all of ho hollywood buzzing. disney ousting bob chapek after a short and rocky tenure. it is not just his ouster, it is who they're bringing back in that is getting a lot of attention. bog iger coming back to run the media empire once again. matt egan joins with much more on that. what is happening? >> well i think the disney board ran out of patience with bob chapek. his tenure was t...

Walt Disney shares edged lower Wednesday following a move by the entertainment giant's board of directors to extend the contract of CEO Bob Chapek by another three years.

Disney is getting a long-overdue comeuppance.

February 22, 2021 Just when we thought Meghan and Harry had left the public spotlight and were ready to raise their family in privacy, they’ve thrust themselves into the headlines again. Last Monday, CBS announced the former royals will hold a 90-minute primetime “intimate conversation” with talk show host Oprah Winfrey next month. The saga of Meghan and Harry isn’t just a case of two elites wanting to have their cake and eat it. It also reflects a modern misunderstanding of what the purpose of elites in society is — or whether they have any purpose at all. Pleading For Privacy Then...

2 mins read Steaming service Disney+ (NYSE: DIS) has projected to hit between 300-350 million subscribers by 2024. This comes as the company surpassed its targets after attracting about 86.8 million paid members as of December 2, 2020.  In October, the company had projected to have an estimated 60 million to 90 million Disney+ subscriptions by 2024. Currently, Hulu has 38.8 million subscribers, while ESPN+ has 11.5 million paid users.  During a four-hour virtual extravaganza on Thursday, Disney further projected an increase in the production costs to about $9 billion by 2024. In this cas...