Alex Ossola
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Here's your midday brief for Monday, February 2nd.
I'm Alex Osola for The Wall Street Journal.
Disney's profit fell 6% to $2.4 billion, while revenue rose 7% to nearly $26 billion in its latest quarter.
Revenue and adjusted profit topped analyst expectations.
Streaming profit grew 72% in the last quarter.
helping offset a slump in traditional TV and higher costs for sports rights.
But shares fell in midday trading, as executives warned of muted growth in the current quarter.
Growth in U.S.
theme parks could be modest because fewer international tourists are coming to the country.
Former CNN anchor Don Lemon was arrested over a protest at a Twin Cities church.
Plus, the private credit market is showing some cracks.
And will Trump's Fed chair pick be a friend to Wall Street?
Investors aren't sure.
It's Friday, January 30th.
I'm Alex Osola for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
Former CNN anchor Don Lemon has been arrested by federal agents over a protest that disrupted a church service in St.
Paul, Minnesota, earlier this month.
Lemon, who now works independently, said he was there as a journalist, not a participant.
Lemon's lawyer called the arrest an attack on free speech.