Companies

Disney senior officials influenced protests over the murder of George Floyd, as well as the devastating communities of color that have suffered in the wake of the coronavirus pandemic. Disney Chief Executive Bob Iger, along with CEO Bob Chapek and the company’s senior vice president and chief diversity officer, Latondra Newton, distributed a letter to employees on Sunday night expressing …

Fiat Chrysler said it planned to list its robot manufacturing business, giving new details on Monday about the future of Turin-based Comau, which was already planning to spin off. Comau will split shortly after FCA completes its merger with Peugeot maker PSA and its shares are distributed to shareholders of the new group. The deal to create the world’s fourth-largest …

On Monday, the United States Supreme Court declined to listen to an offer from major banks and companies, including Koch Industries, to prevent a trustee from pursuing money for victims of jailed Ponzi scheme swindler Bernard Madoff to recover funds that they were transferred abroad. The judges left in place a lower court ruling that revived dozens of lawsuits filed …

According to an industry insider, HBO Max, the major streaming service launched last week by WarnerMedia, is unlikely to propel the company to the top of the streaming industry. “HBO Max does not change the rules of the game for AT&T,” Evercore ISI analyst Vijay Jayant said of the service, which launched on May 27. Featuring original content, as well …

That was a quick makeover. After being criticized last week for his ties to Kylie Jenner, beauty product vendor Coty announced a $ 1 billion investment and a restructuring of the administration, sending the shares up to 20 percent, to $ 4.36, in afternoon operations. Coty said Monday that buying firm KKR will acquire a 60 percent stake in Coty’s …

Twitter may be taking a public beating from President Trump, but experts tell The Post that the social network is in a solid position to weather the storm. Despite an executive order Thursday calling for more regulation on social media companies and a Friday tweet from the president that he wants to repeal Section 230 of the Communications Decency Act …

Apple CEO Tim Cook condemned the “senseless” police murder of George Floyd in a note to employees announcing that the tech giant would donate money in response to the incident. In Sunday’s memo, Cook called Floyd’s death the latest manifestation of systemic racism that has even affected his own staff. Only 9 percent of Apple employees were black as of …

Leading retailers including Walmart, Target and CVS reportedly closed stores as protests over the police murder of George Floyd turned violent. Walmart, the country’s largest retailer, close hundreds of stores On Sunday afternoon, when protesters clashed with police and looting, they toured some places. The damage caused by the protests kept dozens of Walmart stores closed throughout the day on …

A cash-strapped airport spa chain hooked up $ 5.6 million in federal coronavirus aid weeks after warning investors that its independent auditor had raised “substantial doubts” about its ability to continue operating amid heavy losses, it has reported. The Post. New York-based XpresSpa told investors it had obtained the Payroll Protection Program loan in a regulatory filing on May 7, …

New York City restaurants are doing their best to survive the pandemic, including launching deliveries 90 miles away from the Hamptons. Restaurants, from the American bistro The Smith to Michelin-starred Carbone, have been making the trip to the East End of Long Island in an effort to serve customers who fled the city during the coronavirus pandemic. The Smith launched …