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Bob Chapek’s tenure marked by political missteps inside and outside of Disney

By Ramishah Maruf, CNN Bob Chapek was initially silent on Florida’s controversial bill barring discussions of gender identity in school classrooms. Now he’s saying “Goodbye, Disney.” Chapek’s rocky two-and-a-half year tenure at the head of the entertainment giant had a few wins. He navigated the Covid-19 pandemic, which shuttered theme parks around the world and

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Can Bob Iger fix Disney?

By Frank Pallotta, CNN Business Bob Iger is returning to Disney as CEO, retaking the reins of a company that’s very different from the one he led when he stepped down as chief executive in February 2020. With $1.5 billion in streaming losses last quarter alone, park fans unhappy, sinking cable networks like ESPN dealing

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Retailers warn of ‘self-inflicted economic disaster’ after largest rail union rejects labor deal

By Matt Egan, CNN Business The nation’s leading retailers warned Monday that Congress may need to step in to avert a devastating freight rail strike they fear could spoil food, interrupt the delivery of goods bought online and worsen inflation. The Retail Industry Leaders Association, a trade group whose members include Walmart, Target, Best Buy,

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America faces a possible rail strike in two weeks after largest union rejects labor deal

By Chris Isidore and Vanessa Yurkevich, CNN Business America faces a growing risk of a crippling national freight rail strike in two weeks. The rank-and-file members of the nation’s largest rail union, which represents the industry’s conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. The nation’s second-largest rail union, which

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