Bloomberg Business

Disney Sets April Annual Meeting for Showdown With Peltz

Walt Disney Co. scheduled its next annual shareholder meeting for April 3, giving the company almost two months to convince investors that it is on track and doesn’t need activist investor Nelson Peltz on its board.

‘Avatar 2’ Toppled by ‘Knock at the Cabin’ After Seven Weeks

Knock at the Cabin, an apocalyptic horror film from director M. Night Shyamalan, was the weekend’s highest-grossing movie in US and Canadian theaters, knocking out Walt Disney Co.’s Avatar: The Way of Water, which held that spot for seven weeks in a row.

UK Steps Up Planning for Digital Pound Currency Backed by BOE

(Bloomberg) — The Bank of England and the UK Treasury stepped up work on creating a digital currency to sit alongside physical banknotes and sought to allay concerns that the work could threaten the stability of banks.

Coupang Turns to Thousands of Robots in Bid for Profit

Coupang Inc., the South Korean e-commerce pioneer that has lost billions of dollars since its founding, is rolling out an army of robots at fulfillment centers in a bid to reach profitability.

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