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Housing storm leaves UK exposed, skews policy: Mike Dolan

By Mike Dolan LONDON, Nov 16 (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line. And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can’t be contained quickly …

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Disney's Bob Iger will lay off 7,000 workers

Disney’s Bob Iger is planning to lay off 7,000 employees in a ‘significant transformation’ to cut back costs as he eliminates some of his predecessor’s efforts. On Wednesday, Iger announced his plans to restructure the company, effectively eliminating the Disney Media and Entertainment Distribution group set up under former CEO Bob Chapek. The new structure, …

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