McCarthy emerged as a pivotal figure in the upheaval last year that saw Bob Iger return as CEO, ousting Bob Chapek.
Virgin Galactic sets first commercial space tourism flight for this month; shares spike more than 40%
Virgin Galactic aims to launch its commercial space tourism service in late June, with a flight carrying members of the Italian Air Force.
Credit Suisse sees Eli Lilly headed higher as Mounjaro users espouse weight loss drug on social media
Credit Suisse analyst Trung Huynh combed through social media comments about Eli Lilly’s Mounjaro and has some key takeaways.
Microsoft’s stock hits record after executives predict $10 billion in annual A.I. revenue
Microsoft’s expanding opportunity in the artificial intelligence market has reinvigorated investor excitement and lifted the stock to a record.
Elon Musk met with Italy prime minister to talk A.I., birth rates, as hunt for new factory location continues
Elon Musk’s meeting with Italy Prime Minister Giorgia Meloni comes as leaders in Europe attempt to woo the Tesla boss into investing in their countries.
Bitcoin briefly drops below $25,000, Tether’s stablecoin falls under its dollar peg
Cryptocurrency prices plunged after the Federal Reserve’s June meeting, with bitcoin falling below $25,000 for the first time since March.
FDA advisors recommend that new Covid vaccines target an omicron XBB variant this fall
The FDA advisory panel’s recommendation is a win for Covid vaccine makers Pfizer, Moderna and Novavax, which will race to deliver updated shots for the fall.
For ILWU, West Coast port deal to be union-ratified, here’s what has to happen next
The ILWU and Pacific Maritime Association reached a tentative union labor deal, but now rank-and-file workers will need to vote in a process that takes months.
Bowlero CEO calls discrimination claims made in EEOC investigation ‘absurd’
Bowlero CEO Tom Shannon calls discrimination allegations against his company “absurd,” but acknowledges an EEOC investigation may be hurting its stock.
New Delta card welcome offers: Earn up to 100,000 bonus miles
In addition to the elevated welcome bonuses, the Delta SkyMiles American Express cards are loaded with useful benefits for frequent travelers.
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