Disney Planning Major Job Cuts

Disney President Dana Walden defended the company’s latest layoffs Thursday as necessary to remain competitive, even as executives prepare a television restructuring expected to eliminate hundreds more jobs. Speaking at the Bloomberg Screentime conference in Los Angeles, Walden said competition in streaming and artificial-intelligence

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Trump Tariffs Face New Challenge

President Donald Trump’s latest tariffs faced a federal court challenge Wednesday as businesses and 25 states argued that the administration used a law targeting unfair trade practices to rebuild a worldwide tariff program the courts had already blocked. A three-judge panel of the U.S. Court of International Trade in Manhattan heard arguments over duties of