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Disney earnings rise in quarter; video game helps
LOS ANGELES — The Walt Disney Co.’s earnings rose 12 percent in the company’s fiscal fourth quarter as parks revenue rose and its interactive division posted an operating profit on the surprising strength of its new video game “Disney Infinity.” The overall results were largely in line with forecasts, but shares dropped in after-hours trading […]
Judge rules for Inner Harbor ESPN Zone workers in WARN Act lawsuit
The Walt Disney Co. and Zone Enterprises of Maryland LLC owe employees of the former ESPN Zone in the Inner Harbor back pay for shutting down in 2010 without giving the notices required by federal law.
Disney buying Lucasfilm for $4.05 billion
LOS ANGELES — Disney is paying $4.05 billion to buy Lucasfilm Ltd., the production company behind “Star Wars,” from its chairman and founder, George Lucas. It’s also making a seventh movie in the “Star Wars” series called “Episode 7,” set for release in 2015, with plans to follow it with Episodes 8 and 9 and […]
Facebook stock up slightly in public debut
NEW YORK — Facebook updated its status to “public company” on Friday. After an anxiety-filled half-hour delay, its stock began trading on the Nasdaq Stock Market for the first time as investors were finally able to put a dollar value on the company that turned online social networking into a global cultural phenomenon. By early […]
Without Jobs, will Apple keep its shine?
As the tributes continue to pour in for Steve Jobs, many are asking a logical question: What’s next for Apple? (The Washington Post has a roundup of many of the online tributes to Jobs. As would be expected, Apple’s own is perhaps the simplest but most effective.) Jobs was to Apple what Walt Disney was […]
More US companies covering transgender surgery
SAN FRANCISCO — More and more large corporations, including Coca-Cola, Campbell Soup and Walt Disney, are covering surgery for transgender employees as part of their health plans. The trend follows a concerted push by transgender rights advocates to get employers and insurers to see sex reassignment the way the American Medical Association does — as […]
