Nov 25, 2022
Welcome back to our Weekly Digest. Read on for the latest updates.
Bob Iger returns to steer Disney through tough economic times
The former CEO has agreed to serve another two years for the company effective immediately. Disney highlighted a fivefold market value increase under his leadership, adding that he had a “mandate from the board to set the strategic direction for renewed growth.”
Goldman Sachs says bear market will last well into 2023
Coinbase and Bitcoin slide
Tech layoffs aren’t a sign of things to come for all industries
Analysts at Morgan Stanley say they are doubtful that the mass layoffs in the tech sector this month are a harbinger of change for the wider labor market.
What’s going on with the student loan forgiveness program?
Money tips for millennials to make themselves recession proof
Insider rounded up four things millennials with full-time jobs should do during these tough economic times. Learn what they are here.
Security summit to protect against identity theft
The IRS and state tax agencies announced a special week to focus on empowering taxpayers to protect sensitive financial information against identity thieves as the holidays and the 2023 tax season get closer. Details can be found here.
Sense of humor or trademark infringement?
The Supreme Court will hear a dispute between Jack Daniel’s and dog toy manufacturer Bad Spaniels. The latter is producing a squeaky, plastic dog toy that bears a striking resemblance to the iconic whiskey brand.