Business

New Disney CEO Josh D’Amaro officially takes the reins from Bob Iger

Josh D’Amaro officially assumed the role of Disney chief executive on Wednesday, taking charge of the company as it confronts a rapidly shifting entertainment landscape shaped by artificial intelligence, changing consumer behavior and pressure across its legacy media businesses. His succession of Bob Iger follows a run leading Disney’s parks,…

Aldi recalls popular snack food over possible rodent hair contamination

Aldi is recalling a frozen food product from store shelves following a Food and Drug Administration (FDA) notice citing potential contamination with rodent hair. The recall involves Simply Nature spinach bites sold at Aldi under the “Simply Nature” label, according to the FDA. The product may be contaminated with rodent…

Dell workforce shrinks by 10% for third consecutive year

Dell’s workforce has fallen by 10% for a third year in a row, according to annual reports filed Monday.  As of Jan. 30, the Texas-based tech giant reported a headcount of 97,000 employees, down roughly 11,000 from its previous year of 108,000. The reductions were primarily driven by cost-cutting measures, including…

The US housing markets that are seeing the largest drops in rent prices

American renters got some price relief in February as the national median asking rent dipped to the lowest level in four years, with some metro areas seeing notable declines. An analysis by Realtor.com found that the median asking rent for 0 to 2-bedroom properties in the 50 largest metro areas declined…