Disney Shareholders Reject Splitting Chair-CEO Jobs
March 6 (Bloomberg) -- Walt Disney Co. investors turned back calls for a future split of the two top jobs held by Chairman and CEO Robert Iger, rejecting the demands of three state pension funds. Jon Erlichman reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Opec Agrees to Cut Oil Production
05:55 - Oil held gains after the biggest advance since April as OPEC agreed to reduce production for the first time in eight years, surprising traders who had expected members to maintain output. Futures were little changed in New York after surging 5.3 percent Wednesday. The Organization of Petroleum Exporting Countries agreed to cut production to a range of 32.5 million to 33 million barrels a day, Iran’s Oil Minister Bijan Namdar Zanganeh said after the meeting in Algiers. JPMorgan Asset Management Head of European Equity Strategy Stephen MacKlow-Smith discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."