Wells Fargo upgrades Disney before investor day, says streaming business will continue rapid growth

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Wells Fargo upgrades Disney before investor day, says streaming business will continue rapid growth

(This story is for CNBC Pro subscribers only). Wells Fargo upgraded Disney to overweight from equal weight on growing confidence in the company’s streaming business, saying that total subscribers could nearly triple over the next five years. The upgrade …
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Sensex, Nifty log record highs: Top gainers in trade today

Indian equity benchmark indices touched fresh record highs in Wednesday’s session and closed at new highs, in line with a rally in global equities. Tracking gains in index majors Reliance Industries, TCS and Infosys, Sensex ended 494 points higher at …
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Dutch court calls for criminal probe into former ING CEO

THE HAGUE, Netherlands (AP) — A Dutch court on Wednesday ordered prosecutors to open a criminal investigation into the former CEO of ING bank, Ralph Hamers, for his role in a money laundering scandal that led to a huge settlement in 2018. ING paid …
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Nissan redesigns Armada and Kicks SUVs for 2021

In May, Nissan announced its Nissan Next plan to put the company on a solid path into the future. This plan is a very aggressive way to bring out 10 new vehicle designs within 20 months — in essence, taking the brand from A to Z, as they put it. The 2021 …
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Best Buy releases diversity, inclusion plan, pledges $44 million to minority education efforts

Best Buy Co. Inc. on Wednesday laid out a plan to boost diversity and inclusion among its workers and pledged at least $44 million for scholarships and other educational offerings for minority students. The Richfield-based retailer also promised it would fill …
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