Disney has experienced a significant financial setback, reportedly losing approximately $3.87 billion in market value overnight.
This decline follows the company's decision to suspend late-night host Jimmy Kimmel's show, "Jimmy Kimmel Live!", which has sparked widespread public backlash and calls for boycotts. The suspension is believed to have been influenced by pressure from the Trump administration and conservative media outlets.
The market reaction was swift, with Disney's stock price dropping by more than 2%, translating to a nearly $4 billion decrease in the company's market capitalisation. This substantial loss underscores the significant impact that public relations decisions can have on a company's financial standing.
In response to the growing controversy, former Disney CEO Michael Eisner publicly criticised the company's leadership for yielding to political pressures, particularly in suspending Kimmel's show. Eisner emphasised the importance of free speech and questioned the current direction of Disney's corporate governance.
Belgium is experiencing an increase in avian influenza cases, with the H5 strain recently detected in the provinces of Limburg and Namur, the Belgian ...
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro, even as Washington designa...
Delegates from 70 national parliaments and interparliamentary organisations gathered in Stockholm on 23–24 November for the fourth parliamentary sum...
United States President Donald Trump and Chinese President Xi Jinping held a wide-ranging phone call on Monday, creating fresh momentum to stabilise r...
Ukrainian President Volodymyr Zelenskyy said on Monday that the most “sensitive” parts of a proposed plan to end the war with Russia will be addre...
Belgium is experiencing an increase in avian influenza cases, with the H5 strain recently detected in the provinces of Limburg and Namur, the Belgian Federal Agency for the Safety of the Food Chain (FASFC) said on Monday.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro, even as Washington designated him as the head of a terrorist organisation on Monday, Axios reported.
Delegates from 70 national parliaments and interparliamentary organisations gathered in Stockholm on 23–24 November for the fourth parliamentary summit of the Crimea Platform, a diplomatic format aimed at addressing the consequences of Russia’s annexation of Crimea and the ongoing war in Ukraine.
United States President Donald Trump and Chinese President Xi Jinping held a wide-ranging phone call on Monday, creating fresh momentum to stabilise relations following last month’s meeting in South Korea.
The Hayli Gubbi volcano in north-eastern Ethiopia erupted on Sunday for the first time in over 12,000 years, before halting on Monday, according to the Toulouse Volcanic Ash Advisory Center.
Cameras from the United States Geological Survey (USGS) on Saturday (22 November) captured Hawaii's Kilauea volcano spewing flowing lava from its crater in its latest eruption.
Italy captured a remarkable third consecutive Davis Cup title on Sunday, with Matteo Berrettini and Flavio Cobolli securing singles victories in a 2-0 triumph over Spain in Bologna.
Several international airlines have suspended flights from Venezuela after the U.S. Federal Aviation Administration (FAA) warned of heightened military activity and deteriorating security conditions in the country’s airspace.
Global media outlets have extensively covered the C5+1 Summit held in Washington, highlighting its significant outcomes for both the United States and Central Asian countries.
President Donald Trump signed an executive order establishing a new federal programme to accelerate American artificial intelligence research and applications.
Belgium is experiencing an increase in avian influenza cases, with the H5 strain recently detected in the provinces of Limburg and Namur, the Belgian Federal Agency for the Safety of the Food Chain (FASFC) said on Monday.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro, even as Washington designated him as the head of a terrorist organisation on Monday, Axios reported.
Delegates from 70 national parliaments and interparliamentary organisations gathered in Stockholm on 23–24 November for the fourth parliamentary summit of the Crimea Platform, a diplomatic format aimed at addressing the consequences of Russia’s annexation of Crimea and the ongoing war in Ukraine.
United States President Donald Trump and Chinese President Xi Jinping held a wide-ranging phone call on Monday, creating fresh momentum to stabilise relations following last month’s meeting in South Korea.
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