Business

Good morning. In the streaming wars, news from the front. Last night Disney announced a restructuring, including a $5.5bn costs savings target and 7,000 planned job cuts (about 3 per cent of its workforce). Bob Iger, called back from retirement for a second stint as…

John Fetterman greets supporters as he declares victory on Nov. 9, 2022 in Pittsburgh.Joe Lamberti | The Washington Post | Getty ImagesSen. John Fetterman was hospitalized Wednesday after feeling lightheaded, his staff said.”Initial tests did not show evidence of a new stroke,” said Joe Calvello,…

Global index provider MSCI is set to change its weightings for Adani Group stocks after reviewing how many shares can be freely traded, in a further setback for the Indian conglomerate reeling from fraud allegations.MSCI said “certain investors” in Adani Group “should no longer be…

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