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Finance & Markets

Disney Targets 20% Cost Savings in Thousands of Layoffs

Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intelligence has more. (Source: Bloomberg)

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Brent: Pullback on US-Iran talks – ING

ING strategists Warren Patterson and Ewa Manthey note a sharp correction in Brent, with ICE Brent dropping 7.6% and falling back below $105/bbl as hopes for US-Iran talks grow ahead of US midterm…

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