Disney shareholders overwhelmingly rejected Nelson Peltz's activist bid.1. Dow in the dumpsdropped for the third day in a row Wednesday. The 30-stock index ticked down 43.10 points, or 0.11%. It was led lower byalso ended the day positively, adding 0.23%. In another sign of a resilient economy, ADP data released Wednesday showed private payrollsAttendees walk through an expo hall during Amazon Web Services' Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022.
Peltz and his company, Trian Partners, wanted to throw two board members out and give Peltz and former Disney CEO Jay Rasulo board seats, citing share underperformance,, and billions in misdirected investments. Another activist investor, Blackwells, also failed to win board seats in a separate long-shot bid.is in no rush to ease monetary policy."On inflation, it is too soon to say whether the recent readings represent more than just a bump," he said Wednesday at Stanford University.
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