Memo

The era of easy money is over but world leaders haven't gotten the memo

The era of easy money is over but world leaders haven’t gotten the memo

The writer is president of Rockefeller International While global investors increasingly recognize that the era of easy money is over, many world leaders are not – and the markets are punishing them for their gratuitous spending in the new era of tight money. In the 2010s, when interest rates hit historic lows, markets punished very …

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Disney+ Establishes 'Cost Structure Task Force', Enacts Targeted Hiring Freeze: Memo

Disney+ Establishes ‘Cost Structure Task Force’, Enacts Targeted Hiring Freeze: Memo

Disney (DIS) is putting the brakes on spending after the company reported weak fourth-quarter earnings, which sent the stock plummeting to a new 52-week low as investors focused on the media giant’s mounting streaming losses . In an internal memo obtained by Yahoo Finance, Disney CEO Bob Chapek told division chiefs on Friday that the …

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