Disney warned of a rough economy, but its diverse business offers security as it closes in on 2024 streaming subscriber target

Netflix Inc. bounced back. Can Walt Disney Co.’s streaming service continue to grow despite ominous warnings from the media powerhouse of macro economic hurdles? Disney DIS, +2.33%, like nearly every tech giant, has endured a rough quarter that has led many to shave operating expenses and reduce revenue forecasts. Among the most badly bruised was … Read more

UK leadership live debate ends after presenter faints on air

LONDON, July 26 (Reuters) – A live debate between the two candidates vying to succeed Boris Johnson as British prime minister came to a dramatic end on Tuesday when the presenter fainted. Foreign Secretary Liz Truss, the bookmakers’ favorite to win the Conservative Party leadership election, and former finance minister Rishi Sunak were sparring over … Read more

Wildfires: Europe’s latest economic headache

Blazes damage forests and livelihoods across Europe Climate risks could wipe 4 pct off Europe’s GDP by 2030. Europe under pressure to prevent as well as douse fires Summer wildfires just a ‘preview’ of future, expert says. ATHENS, July 22 (Reuters) – When the blaze tore through a forest in Greece last August, swallowing up … Read more

Utah’s Great Salt Lake is drying out, threatening ecological, economic disaster.

SALT LAKE CITY, Utah, July 14 (Reuters) – Utah’s Great Salt Lake dropped to its lowest recorded level this month amid a two-decade drought, a grim milestone as researchers and politicians point to grave threats to wildlife and people along its receding shores. . The nearby metropolis of Salt Lake City is already subject to … Read more

N.Korean streets flooded as heavy rains exacerbate economic crisis

Buildings in North Korea’s Sinuiju are seen behind the Friendship Bridge over the Yalu river, during sunrise in Dandong, Liaoning province, China April 20, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register SEOUL, July 8 (Reuters) – North Korean towns along the border with China were flooded this week after heavy … Read more