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Business

Disney streaming success boosts earnings

DS Staff | Feb 06, 2025

Disney’s streaming business, including Disney+ and Hulu, reported a $293 million profit in the December quarter, a sharp turnaround from a $138 million loss a year earlier. 

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Retail

Michael Kors owner Capri Holdings’ luxury gamble backfires

DS Staff | Feb 06, 2025

Luxury fashion giant Capri Holdings suffered a significant blow after CEO John Idol acknowledged costly mistakes in reviving Michael Kors and Versace brands that caused a ~12% decline in quarterly revenue during the holiday season.

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Politics

Trump says US should seize control of Gaza

DS Staff | Feb 05, 2025

President Donald Trump proposed on Tuesday that the US take control of Gaza and relocate its 2 million Palestinian residents to neighboring Egypt and Jordan.