Layoffs begin at Disney as CEO Bob Iger moves to pare losses
Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
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Some 7,000 employees will lose their jobs, with the first round of cuts starting this week as Disney moves to slash costs.
Labor pact will hike the pay of thousands of costumed performers, theatrical workers and other employees at the theme park.
Brandy became the first Black actress to play Cinderella in a movie, and 26 years later, she is reprising the iconic role alongside her prince.
Florida Governor Ron DeSantis signed a bill giving him more control over Walt Disney World's self-governing district. The bill is seen as a punishment for the company's opposition to Florida's so-called "Don't Say Gay" law.
Reps. Mike Gallagher and Raja Krishnamoorthi tell "Face the Nation" that the new House select committee focused on China plans to "have a conversation" with NBA, Disney and other companies that have "substantial business interest in China."
The Valentine's Day post on Instagram gave Renner's followers an inside look at the set of "Rennervations."
Hollis worked alongside his wife at The Hollis Company, which focused on producing media content, books and self-improvement seminars.
Disney could soon be losing control over a piece of its Magic Kingdom. CBS News correspondent Manuel Bojorquez has the latest from Miami.
Yahoo has announced plans to cut more than 20 percent of its workforce. The announcement comes one day after Disney announced job cuts. Financial journalist Kristin Myers joined CBS to discuss what the layoffs could mean for investors.
Disney is joining the growing list of major companies making layoffs. The company's newly reinstated CEO Bob Iger announced roughly 7,000 job cuts, accounting for roughly 3% of the company's employees. Yahoo Finance's senior reporter Alexandra Canal joins CBS News with more.
The first Toy Story movie came nearly 30 years ago. Now, a fifth is being made.
Disney is making major cutbacks as part of company-wide efforts to reduce costs by $5.5 billion. Dade Hayes, business editor at Deadline, explains which departments are likely to see the most layoffs and why streaming is costing the company so much.
The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.
"I have many bottles that my friends and I got on the last day of splash mountain," wrote the seller of a baggie full of water. Here's how much it's going for.
Theme parks are making a comeback, but along with that popularity comes higher prices. CBS News senior travel adviser Peter Greenberg joins "CBS News Mornings" to offer advice on how to make your theme park vacation more affordable.
Walt Disney World and Universal Studios Orlando are hoping to woo visitors showing renewed interest in a theme park vacation.
Lawmakers say they will put forward legislation to increase state control of Walt Disney World's private government.
Disney said Bob Chapek, who succeeded Iger in 2020, had stepped down.
The "Thor" actor set out on a mission to learn how to "live better for longer." What he found was he has the "strongest risk factor gene" for Alzheimer's.
A one-day ticket to the the Magic Kingdom, the world's most popular theme park, will now cost as much as $189.
The media company added 12.1 million Disney+ customers in the most recent quarter, bumping total subscriber base above Netflix.
Halle Bailey sent tears of joy through Black and Brown children when she debuted as "The Little Mermaid." Months later, she's still seen as an "inspiration."
"I'm going to be very open with everybody about this: I've been to four treatment centers," the 30-year-old singer, actress and entrepreneur told Rolling Stone.
China's draconian "zero-COVID" policy has kept infection rates relatively low, but at a high cost as businesses struggle with repeated shutdowns.
Disney debuted its first plus-size female protagonist in a short film on Disney+ that has garnered praise for encouraging body positivity.
President Trump warned Iran to make a deal on his terms "before it is too late."
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Population estimates released by U.S. Census Bureau show growth rates slowed sharply in metro areas in 2025, as immigration dropped and hurricanes pushed people out of some Gulf Coast counties.
Rep. Sheila Cherfilus-McCormick of Florida is accused of using part of the $5 million to bolster her campaign and on luxury goods.
Senate Majority Leader John Thune said Republicans have submitted what their "last and final" offer to end the DHS shutdown. Follow live updates.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
Rebecca Liquori and Rachel Mariotti worked together to remove the exit door and help passengers off the plane after the deadly collision at New York's LaGuardia Airport.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
As a searing heat wave slowly expands over the western two-thirds of the U.S., more than 100 daily temperature records are forecast through Sunday.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
The Minnesota Secretary of State's Office has been ordered to turn over certain voter records.
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
Senate Majority Leader John Thune said Republicans have submitted what their "last and final" offer to end the DHS shutdown. Follow live updates.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
Twin mountain gorillas were recently born in the Virunga National Park, renowned for its biodiversity but threatened by conflict.
President Trump warned Iran to make a deal on his terms "before it is too late."
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Former Venezuelan President Nicolás Maduro is expected in court today for a hearing where he is expected to seek the dismissal of charges against him. CBS News' Anna Schecter has more.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
In Savannah Guthrie's first interview since her mother, Nancy Guthrie, disappeared, the "Today" co-host described her daily struggles. Police believe Nancy Guthrie was taken from her Tucson home in the middle of the night. She was reported missing Feb. 1. Jonathan Vigliotti reports.
President Trump said Iran gifted the U.S. multiple boats of oil that were moved through the Strait of Hormuz. Mr. Trump made the comments during a Cabinet meeting after saying the gifts were proof that the regime was looking to negotiate an end to the war.
The Senate and House of Representatives are expected to hold votes to test potential off-ramps during a partial government shutdown that has stalled TSA lines at U.S. airports. CBS News' Taurean Small reports.
President Trump's adviser Steve Witkoff spoke at a Cabinet meeting on Thursday and confirmed that the U.S. presented Iran with a 15-point action plan for peace through Pakistani mediators.
President Trump is commenting on the Iran war at the first Cabinet meeting since the conflict in the Middle East began. CBS News' Olivia Rinaldi reports.