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Monday, November 21, 2022

The Daily Money: Bob Iger returns to Disney

Former Walt Disney Company CEO Bob Iger will take the reins of the media giant once again in the wake of outgoing head, Bob Chapek, stepping down. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Monday, November 21

Yeah, it's Monday, but with the upcoming holiday at least it's going to be a short week! It's Charisse Jones with your Daily Money headlines.  

He's baaaack. Former Walt Disney Company CEO Bob Iger is going to take the helm of the media giant once again in the wake of the outgoing head, Bob Chapek, stepping down.  

While Chapek had a controversial run, drawing criticism for cost cuts and his handling of various crises including a legal dispute with actress Scarlett Johansson over her pay for the film "Black Widow,'' the leadership shift still caught Hollywood by surprise. 

Iger, 71, who helmed Disney for 15 years, will return for a two-year stint.

And yes, there was another comeback over the weekend. Donald Trump is back on Twitter – or at least his account is.

Elon Musk, the social media platform's new owner, said Trump is no longer banned, but it remained to be seen when and if the former president would return to tweeting.

The restoration comes days after Trump announced he would make another bid for the White House. He was barred from Twitter two years ago after inciting violence during the Jan. 6 attack on the Capital.

Pay $28 one-way for a Breeze Airways flight

Breeze Airways has launched, and the new low-cost airline is kicking off its service with special one-way fares as low as $29.

Charleston, South Carolina, and Provo, Utah, are currently the only destinations for the flights out of Phoenix Sky Harbor International Airport. But the carrier intends to add service to several other cities including Richmond, Virginia, and New Orleans, Louisiana, in February.  

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📰 More stories you shouldn't miss 📰

Save some cash on the way to grandmother's house. Gas prices remain high, but if you're hitting the road this Thanksgiving, there are some tips for how you can shave off a few cents per gallon.  

Homeowners plagued by "zombie debt.'' Some homeowners are facing foreclosure for second loans they may not have even known they had. 

Short term loans from Native American tribes come at a steep cost. Consumers complain that short term loans offered by some tribes come with onerous interest rates, but tribal leaders say they don't have to adhere to the same rules as other lenders.   

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TL;DR version: how decisions by the Federal Reserve, government and companies impact you.

Follow Charisse Jones on Twitter: @charissejones.

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