Disney has tapped James Gorman to replace Mark Parker as the company's next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday. Gorman joined Disney's board less than a year ago and...
Top Wall Street analysts like these stocks for their growth prospects
Optimism around artificial intelligence has helped lift the S&P 500 in 2024, boosting key chip stocks and power plays in the utilities space. Investors seeking sustainable returns will need to look for companies with solid long-term growth potential. To this end, top Wall Street analysts, with their expertise, can help...
Why I paid $95 to recycle a mattress — and you might, too
The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City. Greg Iacurci I paid $95 to recycle a mattress. It may sound odd, silly even, to pay so much to dispose of a run-of-the-mill household item. But the economics of...
Luxury stocks may be a risky China stimulus bet
Chinese consumers have long powered luxury brands to new highs. But with questions surrounding China's sluggish economy and changing consumer tastes, analysts aren't so sure whether these shoppers will be able to coax the luxury sector out of its doldrums. The Chinese government's new stimulus measures announced late September revived...