MICHELLE CHAPMAN AP Business Writer - Page 1

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Disney parks chief Josh D’Amaro named to succeed Bob Iger as CEO

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D’Amaro, who has been with Disney since 1998, has led the charge on the company's multiyear $60 billion investment into its cruise ships, resorts and...

Intel’s stock tumbles after Trump says its CEO must resign

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Trump's social media post came after Senator Tom Cotton sent a letter to Intel Chairman Frank Yeary expressing concern over CEO Lip-Bu Tan. NEW...

GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May

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The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter. DETROIT — General Motors’ profit...

A popular shoe store chain is being bought for $2.4 billion

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The buyout comes as the retail industry has been growing increasingly concerned over Trump’s trade war with other countries, particularly China. WASHINGTON — Dick’s...

UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles

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UPS said that it is still reviewing its network and may identify more buildings to be shuttered. WASHINGTON — UPS is looking to slash about...

Disney in search of perhaps its greatest sequel — a successor to Bob Iger

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Only two years after stepping down as CEO, Iger returned to Disney in 2022 after a period of clashes and missteps under his hand-picked successor,...

A popular clothing store has filed for bankruptcy for a second time

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Forever 21 stores in the U.S. will hold liquidation sales and the website will continue to run while operations wind down. WASHINGTON — Forever...

After acquisition by JetBlue falls through, Spirit faces second merger bid from Frontier

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Bigger U.S. airlines have in recent years snagged some of Spirit’s budget-conscious customers by offering their own brand of bare-bones tickets. WASHINGTON — Frontier...

The New York Times disbands sports department and will rely on coverage from The Athletic

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No layoffs are planned at the Times, with the affected journalists moving to other roles in the newsroom. NEW YORK — The New York...

WWE leaning in to social media ahead of possible sale

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The $6.5 billion sports entertainment company's presence online is already broad and it does not appear to be slowing down. WASHINGTON — WWE, an...
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