Companies

Bob Iger says Disney hiring freeze will stay in place as he returns as CEO

New York CNN Business — Bob Iger told Disney employees on Monday that the hiring freeze would remain in place at the company as he returns to his role as CEO. Iger — who stunned the media world when he said last week he would once again become Disney’s top executive — informed employees during …

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Odell Beckham Jr. removed from Miami flight after refusing to comply with safety protocol, police say

CNN — NFL free agent wide receiver Odell Beckham Jr. was removed from a Los Angeles-bound American Airlines flight Sunday morning at Miami International Airport after refusing to comply with safety protocol, according to a statement from the Miami-Dade Police Department. Officers were notified of a medical emergency on an American Airlines flight around 9:30 …

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A look back at Elon Musk’s chaotic first month on Twitter

CNN — Sunday officially marks one month since the world’s richest man took the helm on Twitter. In that time, Elon Musk initiated mass layoffs and gave remaining staff a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched – then punted – a plan to charge for Twitter’s …

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JCPenney was once a shopping giant. Can it make a comeback?

New York CNN Business — Marc Rosen didn’t flinch when he was offered the top job at JCPenney last year. A stalwart of twentieth-century retail for middle-class Americans seeking affordable clothing and home furnishings, JCPenney has struggled for more than a decade and fell into bankruptcy shortly after the Covid-19 pandemic in 2020. But Rosen, …

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Frontier Airlines no longer has a customer service phone line

New York CNN — Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak to an agent, the company confirmed to CNN Saturday. Starting last week, the ultra low-cost airline said it has transitioned to fully digital communications. Customers seeking help or information from …

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Apple has a huge problem with its supplier’s iPhone factory in China

Hong Kong CNN Business — A workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last month when workers left the factory campus in Zhengzhou, the capital of the …

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Kanye West: Adidas to launch investigation into allegations of inappropriate behavior made against the rapper

CNN Business — Adidas will begin an investigation into allegations of misconduct against Kanye West, with whom the company had a partnership that ended in October. In a statement released Thursday, Adidas said, “It is currently not clear whether the accusations made in an anonymous letter are true. However, we take these allegations very seriously …

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Adidas to launch investigation into allegations of inappropriate behavior made against Kanye West

CNN Business — Adidas will begin an investigation into allegations of misconduct against Kanye West, with whom the company had a partnership that ended in October. In a statement released Thursday, Adidas said, “It is currently not clear whether the accusations made in an anonymous letter are true. However, we take these allegations very seriously …

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Al Roker misses Macy’s Thanksgiving Day Parade, but is on the mend

CNN — Al Roker missed his first Macy’s Thanksgiving Day Parade in 27 years as he recovers from a health scare. The famed “Today” meteorologist recently shared that he had been hospitalized after a blood clot in his leg traveled to his lungs. “After some medical whack-a-mole, I am so fortunate to be getting terrific …

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Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

Hong Kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes …

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