Disney Earnings Top, Disney+ Subscribers Fall; Iger Cuts 7,000 Jobs; Peltz Ends Proxy Battle

Disney Earnings Top, Disney+ Subscribers Fall; Iger Cuts 7,000 Jobs; Peltz Ends Proxy Battle
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Disney earnings fell less than views in Q1 late Wednesday. The Dow giant will cut 7,000 jobs with Bob Iger back in charge. DIS stock rose late.