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On January 12, Trump denied involvement in the Justice Departments subpoena of the Federal Reserve. Speaking about Fed Chairman Powell, he said, "I have no idea about it, but hes clearly not doing well at the Fed, and hes not good at managing construction projects." Trump stated that the Justice Department subpoena was unrelated to interest rates: "No, I would never even consider putting pressure on him that way. What should really be putting pressure on him is the fact that interest rates are too high; thats the only pressure hes under." He added, "Hes hurt a lot of people, and I think the public is putting pressure on him."Hong Kong-listed application software stocks continued their upward trend, with Weimob Group (02013.HK) rising nearly 17%, China Youzan (08083.HK) rising over 10%, and Kingdee International (00268.HK) and Inspur Digital Enterprise (00596.HK) following suit.According to Futures News on January 12, as of 09:30 Beijing time, WTI crude oil futures fell 0.05%, while US natural gas futures rose 2.08%.U.S. Republican Senator Tillis: If there were any doubts before that advisors within the Trump administration were actively pushing to end the independence of the Federal Reserve, there should be no doubt now.According to Qichacha APP, Beijing Qiaomu Media Technology Co., Ltd. was recently established with a registered capital of 100 million yuan. Its business scope includes: radio and television program production and operation; online culture operation; performance brokerage; and TV series distribution. Qichachas equity penetration data shows that the company is indirectly wholly owned by Douyin Group (Hong Kong) Limited.

Warner Bros. Discovery re-ups its CFO and other key execs

Aria Thomas

Jul 15, 2022 10:26

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According to a Thursday filing, Warner Bros. Discovery (NASDAQ:WBD) has extended the contracts of its finance and strategy leaders.


Bruce Campbell's contract was extended to July 2025, while Gunnar Wiedenfels' was extended until July 2026.


Campbell and Jean-Briac Perrette, president of Warner Bros. Discovery Global Streaming and Interactive Entertainment, played significant roles in the establishment of Hulu, the streaming service that is today majority-owned by Disney.


In April, Discovery announced many additions to the Warner Bros Discovery executive team, including Campbell and Wiedenfels.


Warner Bros. stated on Thursday that Wiedenfels now oversees worldwide corporate technology and broadcast operations, as well as facilities, security, and studio operations.


In April, the company gained over two million paid streaming customers in the first quarter, while market leader Netflix (NASDAQ:NFLX) lost subscribers for the first time in more than a decade.


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