Tag: Peltz, Nelson

The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives

Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.

Bob Iger’s Turnaround Plan for Disney Takes Shape

Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business and cut costs, including through thousands of layoffs.

Searching for Streaming Profit, Disney Cuts $5.5 Billion in Costs

In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But about 7,000 employees are expected to be laid off.