Hasbro (HAS) is known for its toys, but it is also a gaming company, with a major footprint in the digital games industry. Hasbro CEO Chris Cocks sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference to discuss Hasbro's digital gaming outlook, state of the consumer, and what investors can look forward to in 2024. Cocks said that investors are 'starting to wake up to' the potential of Hasbro's gaming sector. Cocks said, 'When I started at Wizards of the Coast back in 2016 that was 15 percent of Hasbro's profitability. It's now over 50 percent of the profitability of the company.' Regarding on how to adopt to AI, Cocks said, 'Any creative would admit that AI is transformative to how they think about and how they concept new ideas. So I think it's going to be very exciting.' Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.
Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".Weakening economy convinces BoC to hold key rate, but door to more hikes stays open
OTTAWA — The Bank of Canada held its key interest rate steady at five per cent on Wednesday, deciding against another rate hike as the economy begins to falter. “With recent evidence that excess demand in the economy is easing, and given the lagging effects of monetary policy, governing council decided to hold the policy interest rate at five per cent,” the central bank said in a news release.
Donald's Trump's Truth Social got a lifeline this week after a blank-check company that could infuse the social media platform with cash agreed to extend a critical deadline for a year. Digital World Acquisition Corp., a special-purpose acquisition company, or SPAC, had a Friday deadline to complete its acquisition of, or merger with, Truth Social parent Trump Media & Technology Group.
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Qantas CEO to step down early as airline's reputation under scrutiny(Reuters) - Qantas Airways said on Tuesday that long-serving CEO Alan Joyce would exit the company two months earlier than previously flagged as a ...
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Qantas CEO to step down early as airline's reputation under scrutinyJoyce's early retirement will see CEO Designate Vanessa Hudson, the first woman to lead the century-old airline, take charge on Wednesday. The accelerated departure comes after Qantas apologised for its service standards falling short and acknowledged it was suffering reputational damage, after Australia's competition regulator sued it for allegedly selling tickets for thousands of cancelled flights. Joyce, who served as the airline's CEO for 15 years, said: 'In the last few weeks, the focus on Qantas and events of the past make it clear to me that the company needs to move ahead with its renewal as a priority.'
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Mercedes CEO Changes Tune on China as ‘Economic Wonder’ Stalls‘We have to take a little bit of a cautious stance,’ Ola Källenius says in a dramatic walk back from just two years ago.
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Qantas CEO Alan Joyce Steps Down Early After Horror Final WeeksAlan Joyce is stepping down early as head of Qantas Airways Ltd., an ignominious exit for one of aviation’s highest-profile leaders after claims the airline sold tickets for thousands of flights it had already canceled.
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