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.
The Senate agreed early Friday to fund most of the Department of Homeland Security in an effort to end a standoff in Congress that led to massive lines at many airports.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
In a rare interview, Michael Jordan discusses settling his antitrust fight with NASCAR, his passion for racing and more.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
In a rare interview, Michael Jordan discusses settling his antitrust fight with NASCAR, his passion for racing and more.
A helicopter crashed Thursday afternoon on a remote beach on the Hawaiian island of Kauai, killing three people and injuring two, authorities said.
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
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 FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
A judge has blocked the Trump administration from labeling Anthropic a supply chain risk and cutting off all federal work with the artificial intelligence firm, an early win for Anthropic in its bitter feud with the government.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
As AI use rises, many see it decreasing the number of jobs available.
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.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
Police said they found two bodies a day after stopping Cedric Prizzon in a car with his two children.
Since last week, activists from several countries have left Mexican ports on vessels loaded with food and other supplies for Cuba, which faces a humanitarian crisis in the face of a U.S.-imposed fuel embargo.
A search is underway for an American Airlines flight attendant whose disappearance while on a layover in Medellín, Colombia, has left his loved ones desperate for answers.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
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 mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
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.
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
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.
Police said they found two bodies a day after stopping Cedric Prizzon in a car with his two children.
The nation's largest police department, the NYPD, has launched a new unit designed to revolutionize how it approaches survivors of gender-based violence. CBS News got an exclusive first look inside the policy and training facility. CBS News' Anna Schecter reports.
The trial of a Hawaii doctor accused of attempting to murder his wife while on a hiking trail is underway. CBS News chief correspondent Matt Gutman breaks down footage of the alleged incident that the jury watched on Wednesday. Then, CBS News legal contributor Jessica Levinson joins with analysis.
Former Venezuelan President Nicolas Maduro appeared at a New York courthouse on Thursday for a hearing in his drug trafficking case. CBS News legal reporter Katrina Kaufman has the details.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
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 December, Michael Jordan and 23XI Racing reached a settlement that could reshape the future of NASCAR. He opens up about what the settlement means in a rare interview with Gayle King. Watch more of the interview this weekend on "CBS Sunday Morning."
Eric Fernado Gutierrez Molina, an American Airlines flight attendant, went missing March 21, in Medellín, Colombia. His partner and his best friend spoke with CBS News correspondent Cristian Benavides about the disappearance.
Nicolás Maduro, the deposed Venezuelan leader, and his wife both appeared in federal court in Manhattan nearly three months after American forces invaded his country and brought him to the U.S. to face narco-terrorism and drug trafficking charges. Lilia Luciano has details.
In her first interview since her mother Nancy's kidnapping, "Today" co-host Savannah Guthrie says she feared her fame made her mom a target. Jonathan Vigliotti has more.
The U.S. will extend its pause on strikes on Iranian energy plants by roughly an additional 10 days, at the request of the Iranian government, President Trump announced. Ed O'Keefe has the latest.