Disney Parks are the latest business to face slowing consumer demand in the face of higher prices. Disney’s parks business underperformed expectations and profit fell somewhat last quarter. Although the company said attendance remained steady and people were spending more, it also acknowledged a slumping economy was weighing on travelers…

Icahn Enterprises L.P. (NASDAQ:IEP) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Robert Flint – Chief Accounting OfficerAndrew Teno – President and Chief Executive OfficerTed Papapostolou – Chief Financial Officer Conference Call Participants Daniel Fannon – Jefferies LLCAndrew Berg – Post Advisory GroupBruce Monrad -…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump has said he will immediately fill up the US Strategic Petroleum Reserve if he becomes president in November, a move that could boost oil demand by hundreds…

Defense counsel for the alleged 9/11 conspirators at Guantanamo Bay claimed Wednesday that a move by Defense Secretary Lloyd Austin to revoke a previously-agreed-upon plea deal violated military regulations and exposed the system as “corrupt.” “We have had an unprecedented act by a government official to pull back what was…

Weight-loss drugs have been all the news recently. There are finally medications that can help people lose weight and that is a good thing. In recent years, obesity rates have nearly doubled among older adults in the U.S. Two of every five Americans ages 65 and older are obese. Wegovy…

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Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts’ estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from…

Disney is raising prices on its streaming platforms.Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month, according to a press release Tuesday. The most expensive plans for Hulu, which include live TV, will cost $6 more per month.Disney+ basic and premium will…

It’s only Tuesday, but it’s already been a rough week for the tech world. A tech sell-off on Monday, spurred by disappointing earnings, helped to drag down wider markets. The “Magnificent Seven” tech stocks ultimately lost $615.6 billion in value on Monday, according to data from S&P Global. Investors were…

Alight, Inc. (NYSE:ALIT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeremy Cohen – Head, IRStephan Scholl – CEOJeremy Heaton – CFOGreg Goff – President Conference Call Participants Scott Schoenhaus – KeyBanc Capital MarketsKevin McVeigh – UBSJoseph Vafi – Canaccord GenuityTien-Tsin – Huang JPMorganPete Christiansen…