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Disney taps Morgan Stanley’s Gorman to oversee selection of Bob Iger’s successor

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Walt Disney Co. on Wednesday said its board had named Morgan Stanley veteran James Gorman to head the succession-planning committee seeking a replacement for Bob Iger, who has said he will step down as the media and amusement-park giant’s chief executive in 2026.

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Why the 30-year fixed-rate mortgage isn’t going away under Trump

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The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.

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XPeng sees ‘knockout’ phase in China’s auto market in the next few years

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XPeng’s stock gains after quarterly results top expectations, and the deliveries outlook was upbeat.

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United sees nearly 30% surge in demand for flights to European Christmas markets versus 2019

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The carrier said it’s offering more nonstop flights to destinations, including Dresden, Strasbourg, Vienna and Cologne — homes to some of the most visited Christmas markets.

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