EPISODE · Sep 15, 2022 · 24 MIN
The stress of the US economy is causing chaos for companies and the Federal Government
from Stock Market Observation · host Jacob Lee
Ep. 85: Disney's CEO Bob Chapek said that ESPN is looking for a third party in order to get sports betting to happen at the company. Chapek said that Disney will not be involved in the bookkeeping so a third party will have to do it. Chapek also spoke about how he wants to buy all of Hulu today but right now isn't the time to do it. Billionaire Barry Sternlicht says that the economy is braking hard and it's causing stress for CEOs. Finally, a deal has been made in order to prevent the railroad workers from striking but there might be some concerns going forward because even if the deal isn't accepted it prevents a railroad shut down for several weeks due to the standard language included in the deal.
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The stress of the US economy is causing chaos for companies and the Federal Government
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