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A silent crisis is unfolding in today s workplaces: quiet quitting. This trend, where employees disengage without formally resigning has a costly impact on business.
Disney shares soared after an earnings beat and slew of announcements with a focus on digital content, in what could point to rising confidence in CEO Bob Iger's turnaround plan and streaming strategy in the face of pressure from activist investors.
(Reuters) -Pfizer reported a surprise quarterly profit on Tuesday, helped by cost-cutting measures and fewer returns of its COVID treatment Paxlovid by the U.S. government than it had expected, but revenue fell short of Wall Street estimates. Investors fled Pfizer last year as pandemic worries declined and billions of dollars in COVID-19 vaccine and treatment sales disappeared. Overall revenue in the quarter was $14.25 billion, shy of Wall Street estimates of $14.42 billion.