Disney CEO Bob Iger says he’s ‘open’ to staying on after his contract expires in 2018

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Disney CEO Bob Iger says he’s ‘open’ to staying on after his contract expires in 2018

Los Angeles Times
Walt Disney Co. Chief Executive Robert Iger opened the door Tuesday to the possibility of remaining head of the Burbank entertainment giant longer than previously planned.

Greece Hits Back Against IMF as Bond Market Remains Spooked

Bloomberg
Greece pushed back against the International Monetary Fund’s view that the government’s economic reforms are heading off track.

Dakota Access pipeline construction expected to get go-ahead

Washington Post
BISMARCK, N.D. – The developer of the stalled Dakota Access oil pipeline could get clearance from the Army as early as Wednesday to finish the $3.8 billion project, though the American Indian tribe that has led the battle against the project for

Time Warner earnings beat Street expectations, helped by success of ‘Harry Potter’ spinoff

CNBC
Time Warner, which is in the process of being bought by AT&T, reported quarterly earnings and revenue that beat Wall Street’s expectations, helped by the success of blockbusters like the “Harry Potter” spinoff “Fantastic Beasts and Where To Find Them.

Disney Misses on Revenue, Hurt by Declines at ESPN

TheStreet.com
The media giant posted lower-than-expected revenue for the fiscal first quarter of 2017, largely as a result of pressures from its sports network, but topped earnings estimates.

Wall Street edges up as Nasdaq sets record high

Reuters
The S&P 500 ended barely higher on Tuesday while the Nasdaq managed to scratch out a new record as gains in big tech names countered energy declines.

Starbucks Offering Free Legal Advice to Immigrant Employees

Inc.com
The coffee giant is partnering with Ernst & Young to provide free counsel to full-time and part-time employees and their families.

Indian central bank keeps policy rate on hold, with eyes on inflation

Reuters
The Reserve Bank of India (RBI) Governor Urjit Patel attends a seminar during the Vibrant Gujarat investor summit in Gandhinagar, India, January 11, 2017.

Oil prices fall on bloated US fuel inventories, stalling China demand

Reuters
Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson. By Ahmad Ghaddar | LONDON.

‘Unimaginable’ radiation levels detected inside Fukushima reactor in Japan

Syracuse.com
A reactor building damaged by the 2011 earthquake and tsunami at the crippled Fukushima Daiichi nuclear power plant in Japan is seen in a file photo.

Seattle becomes the first city to sever ties with Wells Fargo in protest of Dakota Access pipeline

Los Angeles Times
With supporters carrying signs saying “Make big business pay” and Native American activists performing an “honor song” in gratitude, the Seattle City Council on Tuesday voted to make this the first city in the nation to end its relationship with a bank

Maersk Line expecting $1 billion improvement on 2016 loss this year

JOC.com
Maersk Line reported an annual loss of $376 million for 2016, while at the same time forecasting that its 2017 profit will be a $1 billion improvement on the negative 2016 results that were described by CEO Soren Skou as “unsatisfactory.

Sprint Customers Consumed Nearly 5TB Of Data at Super Bowl LI

Android Headlines
Sprint noted in a press release on Monday, that their customers consumed nearly 5TB of data in and around the NRG Stadium in Houston, which hosted the Super Bowl on Sunday.

Political jitters keep euro, French debt under pressure

Reuters
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, February 1, 2017.

Japan’s Sharp may begin construction on $7 bln US plant before June 30: source

Business Insider
TOKYO (Reuters) – Japanese display maker Sharp Corp may start building a $7 billion plant in the United States before June 30, taking the lead on a project initially considered by its Taiwanese parent Foxconn, a person with knowledge of the plan said.

Boutique bank Moelis wins advisory role for mammoth Saudi Aramco IPO

Reuters
NEW YORK/LONDON/DUBAI Feb 8 New York-based boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco on its plans for what is expected to be the world’s biggest initial public share offer, sources familiar with the matter …

Ivanka Trump’s Clothing Line Has Disappeared From Four More Retailers

BuzzFeed News
Amid growing pressure for stores to drop the first daughter’s brand, it is no longer being sold on Belk, Jet, ShopStyle, and Home Shopping Network.

Snap Linked to Swiss Startup That Fights Product Copycats

Bloomberg
When Snap Inc. filed for an initial public offering earlier this month, it said a risk for the company is Facebook Inc.’s Instagram mimicking Snapchat features.

American airlines want Trump to take on their Gulf rivals

CNNMoney
Big American airlines have been crying foul over subsidies they say benefit their Middle East rivals for a long time. Will President Trump listen to them?

Don’t Be a Lightweight, Rio

Bloomberg
What’s the point of assembling mining’s best balance sheet if you’re not allowed to trash it once in a while? Rio Tinto Group has worked hard to set its house in order as the last decade’s commodities boom turned to bust.

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