3min chapter

Plain English with Derek Thompson cover image

Thanksgiving Mega-Pod: Bob Iger’s Power Grab, SBF’s Scandal, and Elon Musk’s Omnishambles

Plain English with Derek Thompson

CHAPTER

What Is the Biggest Thing About Interest Rates?

When rates were low, Disney embarked on this very bold, once-in-a-century strategy. Now we've got rising rates, and investors need upfront returns. That's why the stocks of all these companies that are in on the streaming game are way down. It's one reason Bob Chepeck is out and Bob Iger is in at Disney.

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