Leylah Fernandez urges athletes to turn out to be financially literate

Leylah Annie Fernandez of Canada returns a backhand against Anastasia Pavlyuchenkova of Russia during their singles first round match at Internazionali BNL D’Italia at Foro Italico on May 09, 2022 in Rome, Italy.

Alex Pantling | Getty Images

Leylah Fernandez is no ordinary 20-year-old. She is one of the best tennis players in the world. She has won two Women’s Tennis Association titles and was a 2021 US Open finalist.

But Fernandez is also making a name for herself off the court – and she is passionate about financial literacy.

This week Fernandez was in New York as MorganStanley and the WTA announced a new, multi-year global partnership. The program promotes inclusion and expands access to the game of tennis. In addition, the partnership includes financial education and planning resources for players.

“Morgan Stanley’s partnership with the WTA is a huge step forward for women’s sport in general. I’m excited to see companies supporting women’s sports because there’s so much we can do together and improve together,” Morgan Stanley brand ambassador Fernandez told CNBC in an interview Wednesday.

Fernandez said many of her competitors are worried about having a career-ending injury and not knowing what to do. The Morgan-Stanley program will help prepare, she added.

“We focus on tennis our whole lives. That’s all we know, but we can’t always rely on it. I want to have that stability, that thought that everything is going to be fine and that we need to have those resources,” she said.

Given her connection to Morgan Stanley, Fernandez said she feels an additional responsibility not only to ask financial questions for her own good, but to encourage others on the tour to have the same confidence.

“It would be great if we could have conferences to open the conversation in a healthy environment where WTA players feel comfortable speaking their minds. I think the difficulty is that we want to be perceived as strong and we want to know everything, but we don’t,” she told CNBC.

Morgan Stanley was drawn to Fernandez’s example of leadership.

“She is a role model that people can see themselves in. It also reflects our brand values, including giving back to the community and valuing equity and inclusion,” said Alice Milligan, Morgan Stanley’s chief marketing officer.

Alice Milligan, Leylah Annie Fernandez and Micky Lawler attend the Morgan Stanley x Women’s Tennis Association Partnership Launch on March 1, 2023 in New York City.

Mike Coppola | Getty Images

In addition to her involvement with Morgan Stanley, she has worked with Fernandez Lululemon, alphabet‘s Google and Subway. Fernandez said she learned a lot from her experience in the business world.

“In the beginning I was afraid to ask questions because I feared it would be stupid or way too easy, but asking questions is the most important thing. I need to be financially stable in post-tennis life, so participating will open my eyes and mind to a new world,” she told CNBC.

While Fernandez, who hails from Canada, travels the world to tennis tournaments and climbed to a career rank of 13 last summer, her education is making her priority. She is studying business administration at Indiana University East, which, along with the Women’s Tennis Benefits Association, has a partnership with the WTA to allow players to graduate high school online while competing on the tour.

As for her future ambitions outside of tennis, she said it’s very early days but she wants to learn more about the business and the stock market. She said working with a Wall Street giant on this front is helpful.

“I don’t want to make drastic decisions so quickly without knowing all the details. That’s why it’s so great that I’m working with Morgan Stanley to help me understand that you can’t just put all your coins in one stock,” said Fernández.

DEA and FDA guidelines exacerbate Adderall deficiency

30 mg tablets Adderall XR from Shire Plc.

JB Reed | Bloomberg | Getty Images

Josh Disbrow is Chairman and CEO of Aytu BioPharma, which makes a competing drug used to treat ADHD called Adzenys XR-ODT.

A nationwide shortage of Adderall has left many patients struggling to manage their Attention Deficit Hyperactivity Disorder, better known as ADHD. According to all indications, deliveries are likely to remain tight for a few more months.

Blame for these shortages has been placed on manufacturers, the rise of telemedicine, and an increase in Adderall prescriptions and abuse. But finger pointing is of little help to the many who depend on constant access to ADHD medication. Real solutions are announced.

With the increasing prevalence of ADHD in patients of all ages, it’s time for policymakers to reconsider how these essential drugs—and the providers who prescribe and administer them to patients—are regulated. This is the only way we can ensure that such bottlenecks do not occur again.

ADHD diagnoses have increased dramatically in recent decades. For example, between 1999 and 2010, the prevalence of diagnosed cases in adults almost quintupled. Between 2010 and 2017, diagnoses in children increased by 31%.

As you can imagine, these trends have greatly increased the demand for stimulants to treat ADHD, including Adderall. Among adults aged 22 to 44, Adderall prescriptions increased by 7.4% between 2019 and 2020. The following year, prescriptions in this age group increased by more than 15%.

There’s no denying that exploding demand for Adderall, coupled with manufacturing delays at Teva, one of the drug’s largest manufacturers, is partly to blame for the current shortage. But the supply chains for Adderall wouldn’t be nearly as fragile if it weren’t for some of the federal regulations on the drug.

Consider the role of the Drug Enforcement Administration in managing overall ADHD drug availability. Because Adderall is designated a Schedule II controlled substance, the DEA imposes aggregate production quotas that limit how much manufacturers can manufacture each year.

To set such quotas, the DEA must estimate how much Adderall American patients will need in the following year. If the agency initially underestimates the demand and does not increase its quota in good time due to new information, bottlenecks can occur across the board. In 2011, for example, pharmaceutical company Shire pointed to the DEA’s slow process of approving quota increases as the underlying cause of that year’s shortage of Adderall XR, a related ADHD drug.

But even today, with Adderall still in short supply across the country, the DEA shows no signs of increasing its production quota anytime soon.

This isn’t the only way that cumbersome bureaucracy makes it difficult for ADHD sufferers to keep track of their medications. The Food and Drug Administration’s regulations on drug substitutability are another culprit.

Ideally, in the event that a pharmacy runs out of a drug like Adderall, a pharmacist should be free to substitute a comparable drug. However, under current FDA regulations, only drugs with so-called A or B equivalence codes can be exchanged in this way.

For medicines that do not meet this strict standard, pharmacists must contact the prescribing doctor, obtain a new prescription and cancel the previous one before dispensing the substitute.

This type of process is necessary to limit what medications a pharmacist can dispense without first consulting a patient’s doctor. But it can create significant obstacles for patients who want timely refills. In some cases, the process of substituting a drug like Adderall can drag on for days, forcing patients to give up – sometimes even developing painful and annoying withdrawal symptoms.

The FDA should explore ways to provide pharmacists with more substitution flexibility within the current framework, particularly during times of shortage. The agency can also strengthen the general education of pharmacists and physicians to which they can exchange comparable medicines.

Updating federal regulations could help prevent the worst consequences of an ongoing drug shortage. It is high time to do so.

Former Trump lawyer Michael Cohen is awaiting testimony from the grand jury

Michael Cohen, Donald Trump’s former personal attorney, said Friday he believes he will be called before a New York grand jury “very soon” to gather evidence in a criminal investigation into the former president.

Cohen’s comments came as he was on his way to meet for the 18th time with the Manhattan Attorney’s Office conducting the investigation related to hush money payments to two women who said they had had sexual relations with Trump.

A former top Trump aide, Kellyanne Conway, met with the prosecutor’s office on Wednesday, the New York Times reported.

“I look forward to speaking and being presented before the grand jury,” Cohen told NBC News and other reporters.

“I have a lot to do today, but I suspect it will be very soon,” added Cohen.

Cohen arranged payments to porn star Stormy Daniels and Playboy model Karen McDougal to silence them ahead of the 2016 presidential election over alleged ties to Trump, whose campaign was being led by Conway at the time.

In Daniels’ case, Cohen paid her $130,000, but in McDougal’s case, the then-parent company of supermarket tabloid The National Enquirer paid her $150,000.

Cohen wrote in his 2020 memoir, after paying Daniels, “I called Trump to confirm the transaction was complete and all paperwork was in place, but he didn’t pick up my call — obviously a very bad one in hindsight.” Sign. “

But Conway “called and said she would share the good news,” Cohen wrote.

Cohen pleaded guilty in 2018 to the payoffs to the two women and other illegal acts.

Trump has denied having sex with either woman or any other wrongdoing.

The Times reported this week that former Enquirer editor David Pecker and former Enquirer editor Dylan Howard have both testified before the grand jury, as have two employees of Trump’s company, the Trump Organization. Keith Davidson, a former lawyer for Daniels, told the newspaper.

Cohen’s attorney Lanny Davis on Friday paid a compliment to Manhattan District Attorney Alvin Bragg and “his team of prosecutors.”

“We were very impressed with how meticulous and detailed documents and text messages and lots of evidence were built around this narrative of Stormy Daniels and the hush money,” Davis said, according to NBC News.

When asked by a reporter if he was confident Bragg would press charges in the case, Davis said, “I’m not going to use the charge word, I’ll wait and see.”

“But there’s no doubt how they’re going about it,” Davis said. “Michael is key to all of this … and he will be the key witness, and Mr. Trump will finally be held accountable before a jury of peers,” Davis said. “Then we’ll see if he’s guilty or innocent.”

A Trump attorney did not immediately respond to a request for comment.

In addition to the Manhattan Attorney’s Office investigation, Trump faces three other criminal investigations.

In Atlanta, the local district attorney is investigating Trump, his campaign attorneys and others in connection with his efforts to reverse his loss to that state’s President Joe Biden in the 2020 election.

And in Washington, DC, Special Counsel Jack Smith is overseeing a Justice Department investigation into Trump’s attempt to reverse Biden’s Electoral College victory and his actions leading up to and including the Jan. 6, 2021 uprising by his supporters, which was interrupted at a joint session of Congress, which confirmed that Biden had won.

Smith is also investigating whether Trump obstructed justice and otherwise broke the law when, after leaving office, he took hundreds of government documents, many classified as classified, and stored them at his Mar-a-Lago club in Palm Beach , Florida.

Trump denies wrongdoing in all of these cases.

Biden warns of GOP plans to restrict entry to well being care

US President Joe Biden will deliver a scathing critique of Republican policies during a speech in Virginia Beach on Tuesday afternoon, in which he will warn of plans by the GOP to cut access to federal health care programs.

In his speech at the Kempsville Recreation Center, Biden will point to GOP proposals to repeal the Affordable Care Act and cut funding for Medicaid, two programs that nearly one in four Virginians rely on for coverage.

The speech comes just over a week ahead of the planned White House Presenting Biden’s fiscal 2024 budget to Congress while the White House and House Republicans continue to bicker over spending cuts and the debt ceiling.

Republicans have insisted that Biden cut spending under a deal to raise the debt ceiling — a proposal Biden will not negotiate. While he agrees that federal spending needs to be cut, he is vehemently opposed to tying it to the debt ceiling. Biden met with House Speaker Kevin McCarthy at the White House earlier this month to discuss the issue, but no agreements were reached.

Removing the debt ceiling does not justify new spending; it allows the government to borrow more money to cover existing obligations. And since the federal government repeatedly spends more than it takes in from taxes, the legislature has to raise the debt ceiling periodically. Failure to raise the debt ceiling could cause the government to default and halt day-to-day operations, creating potential turmoil in markets and the economy.

The Treasury Department has already taken a number of extraordinary steps to continue paying the government’s bills and expects these measures will be enough to avoid a default until at least early June. But if Congress doesn’t raise or suspend the debt limit by then, it could wreak economic havoc around the world.

Biden has asked House Republicans to come up with their own budget proposal detailing the spending cuts they want before moving on to his. In Tuesday’s speech, the president will point to existing GOP proposals to argue that the party ultimately aims to slash those benefits.

With McCarthy yet to come up with a budget proposal, it’s unclear how many of the ideas Biden cited will be actively considered by the House GOP. McCarthy said cuts to popular Social Security and Medicare programs are “off the table” in any debt ceiling talks.

Brittany Renner on criticism she obtained relationship PJ Washington

In the latest episode of Stepping Into The Shade Room, Brittany Renner speaks candidly about her years on social media, her current views on romance, and her past relationship with NBA player and father of her child, PJ Washington, with host Thembi.

The social media superstar and fitness model became famous for her transparent views on sexuality. As well as showing off her attractive figure. Though some have disagreed with Renner’s opinions over the years, she remains true to herself and takes the time to share more of her “truth.”

Brittany Renner reflects on the criticism she received during her date with Washington

During the interview, Thembi questioned Renner about the criticism she received during her previous relationship with NBA player PJ Washington. At the time, Renner was 26 and Washington was 18.

Additionally, many people saw her as “trying to catch a come-up.”

I always wanted a relationship, I was always a one man woman. I think a lot of that narrative stems from when he tweeted, “You were just faking it the whole time.” And he never came to my rescue. So who will you believe? him or me And I’ve done nothing but play up that narrative that people think — he knows that. But why would he come to my aid when he’s mad at me?

The 31-year-old further explained that she unfortunately had to accept the criticism from all over the world. But says she can’t understand why people still have the same opinion about her today.

I don’t know why people still think the way they think about this situation. I love my child’s father more than anything. I don’t want to be with him. And our son was planned. I thought that was my type. I think it’s stupid of me to think someone who is only six years younger than me – let’s not even get into the age difference… I just really thought that was my person who understands and sees me for me because he never judged me. That’s how it looked – that’s obviously not true.

Renner went on to reiterate that if she wanted to “catch a come-up” from a man financially, she could have but never would.

Brittany Renner has been accused of “grooming” Washington throughout their relationship

As The Shade Room previously reported, Brittany Renner has been accused of “grooming” PJ Washington throughout their relationship. She was even accused of intentionally “capturing” the basketball pro when she became pregnant with her son.

However, Renner has always denied the allegations. In an exclusive interview with DJ Akademiks, she explained that she was on birth control during her date with Washington and it was actually him who wanted her to have his child.

I told you, ‘I can wait. I’m not in a hurry’…

She recounted Akademiks and recalled a conversation she had with Washington about having a child. She then shared her surprise that she hadn’t criticized other celebrity couples like Jay-Z and Beyoncé for their age difference.

Watch Stepping In The Shade Room with guest Brittany Renner above!

How high ladies executives in sports activities and betting are main by instance

FanDuel CEO Amy Howe stands out from the crowd despite her small stature.

In a room full of executives from the sports or gambling industry, she is often one of very few women.

But Howe has the spotlight and a megaphone as CEO of the nation’s sports betting leader. FanDuel announced this week that it increased its market share to 50% of legal sports betting in the US in the fourth quarter

Howe joined Caesars CEO Tom Reeg and Jonathan Kraft, President of the New England Patriots, discussed the deepening of the relationship between the betting and sports industries, the need for better customer acquisition and retention technologies, and the competitive landscape at this week’s MIT Sloan Sports Analytics conference.

Howe’s gender was never discussed.

But in many conversations – offstage and behind the scenes – it’s clear Howe serves as a role model for other women in sports and gambling. And here she keeps good company.

Renie Anderson is executive vice president and chief revenue officer for the National Football League, which has worked for years to get more women football fans. Anderson said having women in leadership positions has made a difference.

“We’re really working to make sure we have the best people in the best places — whether it’s on the field, in the locker room, in the boardroom — and running those positions,” Anderson told CNBC at the MIT Sloan conference. “We’re working to make sure we’re not just hiring [women], but we find them, we train them, we offer opportunities for women. We can’t be satisfied.”

Jessica Gelman, co-founder of the MIT Sloan Conference, is CEO of Kraft Analytics Group, a company that provides sports analytics for teams like the New England Patriots. She has made it her mission to get more women on stage.

“Thirty-eight percent of our speakers this year are women, and I think that’s because analytics gives them different insights and a different voice when they’re in the boardroom,” she said. The result, she said, is a more diverse audience and a better pipeline of talent.

Gelman, Anderson and Howe are among dozens of senior women in sports and gaming who value networking but also mentor and mentor younger professionals.

Sport is a microcosm of the world at large, Gelman said: “I hope that more women, and especially women in leadership positions, will use their positions for power.”

FanDuel CEO Amy Howe: We expect 17 million bets this year

Why American males die youthful than girls, on common, and the right way to repair it

On average, men die younger than women in the United States.

According to CDC data, American women had a life expectancy of 79 years in 2021, compared to men who were only about 73 years.

“As long as records were kept in all countries, women outlived men,” said Amelia Karraker, a program officer at the National Institute on Aging. “For almost all major causes of death, men are more likely than women to die.”

The US has a higher rate of preventable deaths, measured as deaths before age 75, among males than any comparable country.

But it wasn’t always such a big gap between men and women. What became known as the “female advantage” emerged around 1890 and continued to grow throughout the 20th century, except for a dip during the 1918 flu pandemic.

This change over time suggests to researchers that life expectancy may have an environmental component. That means there are some steps we can take to help men live longer.

“Everyone, both men and women, benefits from a certain set of behaviors,” Karraker said. “Eating a healthy diet, being physically active, not smoking, drinking no to moderate alcohol, maintaining deep, supportive social relationships. These are things that benefit everyone, including men.”

“What is it about men’s socialization that they don’t participate in the healthcare system the way they should in order to prolong their lives?” said Darrell Bricker, global CEO of Ipsos Public Affairs and co-author of the book Empty Planet : The Shock of Global Population Decline”.

This gap in life expectancy can have serious consequences for society as a whole.

“If you make it to age 60-65, you can still expect to live quite a long time,” said Nari Rhee, director of the Retirement Security Program at the UC Berkeley Labor Center. “And I would say it’s a particular problem for women because women can expect to live longer, but they’ve had lower incomes, they’ve had more patchy careers because of caring, both for children and often for the elderly.”

This financial disadvantage for women could strain the federal safety net, particularly Social Security.

“Demographics really is destiny,” Bricker said. “When you change the shape of people, you change the shape of everything.”

Watch them Video above to learn more about why men, on average, die younger than women and what we can do to change this.

Democrats do not give a rattling about Jim Jordan’s pretend whistleblowers

Democrats on the House Judiciary Committee have released a report debunking Jim Jordan’s Justice Department whistleblowers as fake.

Jerrold Nadler (D-NY), member of the House Judiciary Committee Ranking, and Stacey Plaskett (D-VI), member of the Select Subcommittee on the Weaponization of the Federal Government, wrote in the foreword to their report:

This partisan investigation, as it is, is based in large part on what Chairman Jordan has
described as “dozens and dozens of whistleblowers … coming up to us and talking about what’s going on
on the political nature of the Justice Department.”

To date, the House Judiciary Committee has conducted transcribed interviews with three of these individuals. Chairman Jordan, of course, has declined to name any of the other “dozens and dozens” who may have spoken to him. He has also declined to share any documents these individuals may have provided to the committee. Nonetheless, based on the interviews of the three witnesses provided to us, we can draw a number of notable conclusions about the state of the Republican investigation.

First, the three people we met are not actually “whistleblowers.” These individuals, who advanced a variety of conspiracy theories, presented no actual evidence of wrongdoing to the Justice Department or the Federal Bureau of Investigation (FBI).

Second, the transcribed interviews we’ve conducted so far refute the House Republicans’ narrative of “bias” in the Justice Department. We urge Chairman Jordan to schedule the public testimony of these individuals immediately. The American public should be able to make their own judgment as to whether these witnesses or their claims are even remotely credible.

Third, these interviews also reveal the active engagement and orchestration of disruptive outside influences on the Witnesses and possibly the Republican members of the Select Subcommittee. A network of organizations led by former Trump administration officials such as Kash Patel and Russell Vought appear to have identified these witnesses, paid them financial compensation, and got them employment after they left the FBI. The same individuals primarily advocated the creation of the Select Subcommittee. They have a story to tell, and they seem to be using House Republicans to tell it.

Fourth and last, almost all of the Republicans involved in this investigation — the witnesses, some of the congressmen, and certainly their outside collaborators — are linked by the January 6, 2021 attacks. The witnesses we met disagreed with the arrests of people suspected of besieging the United States Capitol. Others of the “dozens and dozens,” as we suspect, directly participated in the riots. If this investigation is an attempt to whitewash the insurgency or hedge against pending indictments, it has been spectacularly ineffective — but these extremists share a view that is contrary to the security of our republic, and the American public has a right to be concerned.

Please note that in the normal course of business we would not disclose the content of a transcribed interview at this stage of an investigation. While we disagree with the goals of our Republican colleagues, we respect the importance of congressional control. We directed our staff to prepare this report only after learning that House Republicans had begun sharing the report

Content of these interviews with the press. Full context and proper rebuttal are necessary to protect the truth.

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The big advantage is that the whistleblowers are not really whistleblowers. They are the usual Trump collection of oddities put together to mislead the public and advance a political agenda. No one is quite sure what the purpose of this investigation is, aside from hurting Biden and helping Trump, but the whistleblowers have been a humiliating failure of Jim Jordan and Trump.

It hasn’t been two months, but the big House Republican investigation is underway.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

In Riley Keough’s Daisy Jones and The Six Transformation

When it comes to storytelling on the small screen, beauty plays a starring role.

Just ask Daisy Jones and The Six’s Head of Makeup Rebecca Wachtelwho brought Prime Video’s ’70s-inspired rock ‘n’ roll show to life with looks reminiscent of the fictional band’s ups and downs.

“Makeup is a big part,” Rebecca told E! News in the exclusive interview. “It creates the visual.”

For example Daisy Jones (played by Riley Keough) undergoes the biggest transformation of the bunch as fame sucks them in and spits them out again. Using specific eye shadows and complexion products, Rebecca paints a picture of what the rock star is experiencing.

“She’s fresh-faced, she’s been in the sun, this ’70s vibe,” the makeup artist explained. “But then she becomes famous and wears a little more makeup. We’re doing a whole series to show her transition from insanity and drug use. not the Daisy we used to know.”

As Rebecca put it, “You can tell something’s not right.”

ESPN goals to be the hub for all stay sports activities protection

Disney‘s ESPN wants to be the hub for all live sports – even its competition.

The sports network has been in talks with major sports leagues and media partners about launching a feature on ESPN.com and its free ESPN app that takes users directly to where a live sporting event is being streamed, according to people familiar with the matter.

This could include national or global streaming services, such as Apple TV+ and Amazon Prime Video, or a regional sports service such as Sinclairs Bally Sports+ or Madison Square Garden Entertainment MSG+.

Actual media partners have not yet been determined and there is no timeline as to when such a feature would launch, said the people, who asked not to be named because discussions are private. Still, ESPN pitched the idea to major sports leagues and media outlets to gauge their enthusiasm, people said.

While the terms and conditions of the concept could change, ESPN was considering a model where it would take a subscription revenue cut from a user who signed up for a streaming service through the ESPN app or website, they said two of the people. If a customer already subscribes to a particular service, ESPN would not collect any money and would only provide the link as a courtesy, people familiar with the matter said.

ESPN could also alert users to games airing on linear television and solidify its new role as the TV guide for live sports, people said.

An ESPN spokesman declined to comment.

Several regional sports network owners have expressed particular optimism about the idea as they seek to boost subscription revenue as leagues question the larger industry’s business prospects in a streaming-dominated ecosystem, two of the people said. CNBC previously reported that Sinclair’s Diamond Sports Group is considering a bankruptcy restructuring after missing out on a $140 million debt repayment. According to The Wall Street Journal, Warner Bros. Discovery has warned the leagues that it plans to exit the RSN business entirely.

declutter sports

It’s becoming increasingly difficult for consumers to figure out how to find a particular game as sports leagues have split rights packages to maximize transmission fees between streaming partners. A New York Yankees game for a New York area fan might be on linear television on YES Network, ESPN or Warner Bros. Discovery‘s TBS, or it could be streamed on Amazon Prime Video, Apple TV+ or NBCUniversal’s Peacock.

ESPN aims to use its self-proclaimed status as the “world leader in esports” to become the de facto first port of call for any consumer looking for live sports coverage, people said. Currently, ESPN only links users to ESPN-licensed content. That equates to almost 30% of all televised or streamed US sports, according to people familiar with the matter.

ESPN Chairman Jimmy Pitaro

Steve Zak Photography | MovieMagic | Getty Images

ESPN’s willingness to promote other streaming services points to a strategic shift in the streaming wars. Disney is less focused on winning streaming subscribers — and eyeballs — at all costs. Company executives have stressed that they want investors to prioritize revenue and profit rather than subscriber growth, a trend pioneered by other media companies including Netflix and Warner Bros. Discovery.

Media companies have also started to act in lockstep as streaming growth has slowed. This limits the competitive pressure and promotes cooperation. Disney and Warner Bros. Discovery also emphasize licensing content to competing streaming services to boost sales, rather than keeping the content exclusive.

Disney CEO Bob Iger last month announced a company-wide reorganization that made ESPN a separate division headed by ESPN Chairman Jimmy Pitaro. The move could put ESPN’s finances under closer scrutiny during earnings calls. Pitaro announced on Wednesday that he will streamline management under him to reduce the number of his direct reports.

While activist investor Dan Loeb pushed last year for Disney to spin off or sell ESPN, Iger said there are no plans to do so.

Disclosure: Comcast’s NBCUniversal is the parent company of CNBC.

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