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.
At least nine Palestinians were killed in Israeli airstrikes in the northern and southern Gaza Strip on Sunday (15 February), Palestinian civil defenc...
U.S. Secretary of State Marco Rubio will begin a two-day visit to Slovakia and Hungary on Sunday (15 February), aimed at strengthening ties with the t...
The Munich Security Conference concludes on Sunday (15 February) with discussions centred on Europe’s role in an increasingly unstable global landsc...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of February, covering the latest developments you need to...
Australia will spend A$3.9bn to build a new shipyard for AUKUS nuclear-powered submarines, Prime Minister Anthony Albanese has announced, marking a ma...
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poisoned with a lethal toxin in a Russian penal colony two years ago.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed strength against to mounting pressure on Iran amid stalled nuclear talks.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
Speaking at Munich Security Conference, Ukrainian foreign minister Andrii Sybiha calls for decisive steps ahead of expected Geneva talks
U.S. Secretary of State Marco Rubio will begin a two-day visit to Slovakia and Hungary on Sunday (15 February), aimed at strengthening ties with the two Central European nations, whose leaders have maintained close relations with President Donald Trump.
The Munich Security Conference concludes on Sunday (15 February) with discussions centred on Europe’s role in an increasingly unstable global landscape, including security coordination, economic competitiveness and the protection of democratic values.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 15th of February, covering the latest developments you need to know.
Australia will spend A$3.9bn to build a new shipyard for AUKUS nuclear-powered submarines, Prime Minister Anthony Albanese has announced, marking a major step in the trilateral defence pact with the U.S. and Britain.
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poisoned with a lethal toxin in a Russian penal colony two years ago.
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