Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut. Michael Nagle | Bloomberg | Getty Images Xerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model. Xerox, which offers digital printing and document management technologies, had about 20,500 employees … Read more
The list of most-loved Club stocks on Wall Street entering the new year resembles the list of 2023 winners, except for two stocks: Constellation Brands and Disney . The Mexican beer importer and media-and-entertainment giant are among the 11 Club holdings with buy-equivalent ratings from at least 75% of the analysts who cover them, according … Read more
NEW YORK — Visitors to Times Square got a small preview of New York City’s famed New Year’s Eve party on Friday, as the event’s organizers heaved handfuls of colored paper skyward in a promotional event to test their confetti. With crowds of celebrants expected to pack into Times Square for the festivities, even the … Read more
In this photo illustration, Cheddar News logo is seen on a smartphone and on a pc screen. Sopa Images | Lightrocket | Getty Images Cheddar News-owner Altice USA announced Thursday it has sold the financial news streaming service to the media company Archetype, which is owned by private equity firm Regent LP. CNBC previously reported … Read more
Slightly more Canadians say the media cannot be trusted to make decisions in the public interest as say they have trust in the media to act in the public interest, according to internal federal government polls obtained by Global News. But the same polling shows high levels of distrust among many other institutions: provincial and … Read more
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Presley Ann | Getty Images Entertainment | Getty Images This year proved to be yet another tough one for pay TV, as more people cut the cable cord. But it wasn’t exactly kind to streaming … Read more
Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a New England pond for an adventurous trip to Jamaica. However, their well-laid plans quickly go awry when they get lost and wind up in New York City. Universal Disney dropped the animation crown. Universal has … Read more
Katharine Viner, the Guardian and Observer’s editor-in-chief, tells Nosheen Iqbal about what the news cycle of 2023 looked like from her desk. ‘We are getting used to an extremely intense pace of news these days,’ Viner says. She discusses how the Guardian has focused on humanising the horror of the Israel-Gaza war, the deaths of … Read more
Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which will advise the board on choosing CEO Bob Iger’s successor. Gorman is set to step down as Morgan Stanley CEO Jan. 1. He will join Disney’s board in February. Disney announced last month that Gorman … Read more
Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Google on Wednesday announced MedLM, a suite of new health-care-specific artificial intelligence models designed to help clinicians and researchers carry out complex studies, summarize doctor-patient interactions and … Read more
