bob iger certainly does not.tly, halloween just a week or so away, and there are some surging prices driving consumers to potentially change their candy selection. tell us about it. >> yes, i love this story. coca prices are still trading near record highs and that's a big head ache to candy producers out there. it means potentially that the chocolate bars we're going to be seeing in stores, they might be somewhat smaller, or they might be changed out for let's say more gummy candy. from my own experience having kids they don't care whether it's chocolate or gummy candy, just any candy will do, right? >> my youngest just got braces and he can't have gummies and he really loves chocolate, so this is going to hit home hard. i'll have to break the news to him. thank you so much. >>> next up here a bipartisan group of house lawmakers are calling for tighter sanctions on russian oil. democratic congressman jake auchincloss of massachusetts will weigh in when he joins us next on "way too early." e jonins next on "way t

parker as chairman starting in january iger originally served also ceo from 2005 until early 2020 the stock skyrocketed in that time he turned over the reins to bob the stock dropped during his time on the job iger returned in november 2022 shares up 5% since his contract is set to expire at the end of 2026, so, there will be that year of transition taking a long time, but we are there. and gorman is looked upon as an excue or the he does his job and had successful succession plan recently >> no question you think about the next few quarters in disney, it's hard to really understand where the catalysts are. there's very little to get excited about, and barring some kind of an acquisition that i think is going to be risky, die vest sure of espn, which at times has been a catalyst, at times we think there might be some value there the irony, dtc now valuable, park business with headwinds it took the stock from $120 to $90. this stock has been dead money for a couple of years. i feel comfortable owning it it have owned it and it's been disappointing. dtc is a very important movement >> is it fallow, carter? >> whoa. >> that's a carter word. >> yes >

we'll have to wait longer until we know who the heir apparent to bob iger is as disney's ceo. >> dianain the home builders today? inguess it has to do with rising yields >> it's not rocket science the average rate jumped 14 basis points this morning, and it's now 71 basis points higher than the day before the fed cut its rates. names like lennar drhorton were some of the worst. pulte taking a hit the day before it reports. this even though the big builders are able to buy down to get customers in the door and home remodelers went with them now these stocks are all getting hit despite the fact mortgage rates are significantly lower than they were a year ago, scott. >> maybe the unexpected change, diana, thank you mike, how about that that's where you have to look, not maybe at the market overall but specialized stocks and sectors. >> yields, it depends where they've come from but where the home builder stocks have gotten to, which is -- >> far >> an amazing leadership group you have to be on alert for the idea it's not so long ago we were in a bad growth scare, and when yields go up and

this will give the board more time to make a robust selection of a new ceo for bob iger.ok the stand he pushed the idea of succession hard. disney has struggled with it. i apologize for the dog in the background. but this gives even more time for the company to make a new ceo, so early 2026 will be the new ceo candidate. january 2nd, 2025, is when mark parker will depart the board. he says in a release that has been issued by the company he's going to focus on other areas. i'm told that is nike related. a lot of struggles with nike naming a new ceo by itself. >> hey there, alex. one question for you is given the james gorman moving into the chairman role does that indicate that when bob iger steps down and the replacement is stepping up, that it would be unlikely for bob iger to move into a chairman-like role? >> yeah. >> or chairman role? >> another thing i'm told no decision has been made with bob iger in terms of what happens when his contract runs out. his contract as ceo does not run out until december 31st, 2026. so if the new ceo is named in early 2026, that gives

this is the first timeline the company has publicly given for appointing a successor to current ceo bob igerorgan stanley former boss as the new chairman of the board. hejoined the disney board. hejoined the disney board in 2023. that's it for this edition of business today, thank you for watching. hi, i'm lola with the catch up. tonight — what could be the future for young drivers, faraj�*s milkshake saga and a tiktok dj. a police officer has been cleared of murdering an unarmed man he shot in south london. chris kaba died in stratton in september of 2022. his family said the verdict left them with a deep pain of injustice and that it represented a failure for all those affected by police violence. some other stories now. under 21 and prepping for your driving test? well, how does carrying around no passengers around your age for the first six months sound? that's what the aa suggest backing a call from a mother whose son was killed in a road accident. last year, 290 people, involving drivers under 25 were killed. remember the woman who threw a mcdonald's milkshake over nigel faraj? the 25—

is the first time in the company has publicly given for appointing a successor to currently ceo bob igernley as a new chairman of the board. hejoined the disney board in 2023 and has been the head of the company's succession planning committee since aukus of this year. elon musk at tesla and warner bros. discovery are being sued in relation to their rubber taxi event earlier this month, the lawsuit filed by the producers of blade runner 20a9 alleges that elon musk and tesla had been denied permission to use imagery from the film for the event. but used it anyway. alan mask and tesla have not responded to the lawsuit. thank you for your company here on business today, i will see you again soon. hi, i'm lola with the catch up. tonight — what could be the future for young drivers, the milkshake saga and a tiktok dj. a police officer has been cleared of murdering an unarmed man he shot in south london. chris kaba died in september of 2022. his family said the verdict left them with a deep pain of injustice and that it represented a failure for all those affected by police violence. some othe

is the first timeline the company has publicly given for appointing a successor to current ceo, bob iger. the company has also named morgan stanley's former boss, james gorman, as the new chairman of the board. gorman joined the disney board in 2023 and has been the head of the company's succession planning committee since august this year. the stock though trading pretty flat on the back of this news. elon musk, tesla and warner discovery of being sued in relation to the rubber taxi event held earlier this month. the lawsuit filed by the producers of blade runner 20a9 alleges elon musk and hazlitt have been denying permission to use imagery from the film for the event but they used it anyway. they have not responded to the lawsuit. nikkei has sealed a 12 year extension deal to continue being the exclusive apparel provider for the being the exclusive apparel providerfor the nba being the exclusive apparel provider for the nba and wnba —— nike. as part of the deal to sports giant will provide on court uniforms for leaks until 2037. this marks the first major deal under the new chief execu

step toward her succession plan, james gorman has been tapped to chair the board will current ceo bob iger's replacement will be announced early 2026, charlie gasparino is coming up on what it all means to disney shareholders in the short-term and the long-term. in the meantime the earnings calendar is stuffed to the gills with names that serves as sector bellwether, they are the ones that have the power to move markets depending on their reports, they include software sap "after the bell" and tuesday verizon, gm, ge aerospace lockheed martin and aero act, wednesday can make a huge difference if you want to talk bellwether at&t, ibm not to mention tesla, tesla's big one and by the way ibm close to a record ups union pacific american airlines, honeywell they flush out the rest of this week, this could be the reason they ducked into a cave, the ten year yield lasted power .1% for the first time since july, right now were .184. while were added look at the two-year the two-year mears federal reserve policy it is about 4% at 4.03, we are two weeks away, two weeks a day away from the start of the

and then, early '26 is when you're going to hear who bob iger's replacement will be.ears from now is really when we're going to be talking about the coming transition at disney in terms of leadership. but conceivably, we're going to know who is going to be that person in early 2026. we don't cover this stuff as closely, but in hollywood, i guess they're just endless rumors and discussion about who it's going to be, and they're trying to tamp that down by saying it's going to be a little while. >> why rush his replacement? i told you, i've -- i think that hugh johnson lent a level of stability as cfo. i do think that we have to -- streaming turned. >> yes, became profitable. >> studios turned. >> studios have been very strong this summer. >> parks, no turn yet. >> parks are tough. tougher. >> tougher. and you know my solution for parks. but that's been already overruled. >> we all know your solution, yes. new mexico. >> it's been laughed at. >> new mexico. >> new mexico, turns out to be where the permian is. >> the expectation is that it's going to be filled by an inte

lisa: bob iger gets to stay at the helm of this company for another year.g from morgan stanley he was talking about he does not know the next thing for him is maybe i will take more time. more time is to head over to disney. jonathan: the walt disney, p premarket positive by 1/10 of 1%. we recap the details in a moment. a week full of economic data. but the one to watch is the next few weeks after that. we get a payroll support and a few -- week after that the u.s. election in america two days after november 5 you've got a november 7 federal reserve interest rate decision. with us around the table is bob elliott. good to see you. let's get straight to it. bond market yields are higher. why do you think this is happening? why are we up on the 10 year since the fed cut rates by 50 basis points? bob: 80's very unusual for a fed to engage in aggressive cutting in an environment where real gdp growing 3.5% where we see the gdp gap basically at its highest level in several decades. and we see asset prices as strong as they have been spread slow. but tippet -- tha

parker he will be replaced by morgan stanley veteran james gorman disney plans to announce that bob iger his successor in early 2026 level long way to go for healthcare startup called novavax has developed a vaccine to prevent fentanyl deaths doctor marc siegel joins us how does this stop accidental deaths from a vaccine. >> i'm very excited about this we think as vaccines fighting viruses or bacteria but a vaccine causes your immune system to recognize something as foreign and you can imagine if somebody is overdosing on fentanyl close to 100,000 from opioids last year the united states 75% from fentanyl that's what i want by the time you get there with narcan it may be too late and fentanyl bosco longtime severe body made antibodies before stop you from breathing it's a terrific preventative idea in the university of houston has been looking at this and it looks good in animals and human trials but i'm more excited by another version of the children's hospital of boston is looking at because david dingle and doctor overly are behind them in their top researchers in serious scientists a

of succession, succession is the number one issue in a disney's future, who is going to replace bob igerhe doesn't have the same baggage that his predecessor did in terms of what went wrong in the previous disney succession plans. i think this makes a lot of sense in terms of just elevating him and giving him a formal role in terms of making the next choice. caroline: mark parker retires, james gorman to the help. take us back to the ceo and who are the names in the running internally and maybe externally. felix: i think it's the four direct reports to iger, head of parks, head of tv, head of movies, head of espn. kremlinologists at disney, everyone is speculating who is up, who is down. the company has done a good job of keeping the cuts close to its vest. if there is a leading candidate, it hasn't gotten out. i don't think this move changes that at all. ed: we want to wait a few weeks until disney has earnings, but based on post-netflix, how is disney doing right now? felix: disney has had a good last year, when you think about the recent emmys, the strongest emmy performance of the co

. >> yes, but not everybody is bob iger and there's a whole lot of ceos out there who see that, see that bob won and no they don't have the guts to do that. >> it should be that way. >> i agree with you. could one of the other reasons why be tariffs? donald trump loves, loves tariffs and people keep getting confused about i don't understand why he loves them so much, it's a tax on the american people. but there's another reason tariffs are sort of attractive to donald trump and so scary to companies. tariffs also means waivers and exceptions. so it's not just that donald trump could have these unilateral tariffs across all businesses. it would be the ultimate power move for him. he could pick specific industries, specific companies, and from the oval office, take the companies he likes and dislikes and potentially cripple them. isn't that why he likes tariffs so much and why so many companies are potentially afraid of his irrational behavior, and what he could do with that kind of power? >> certainly think that's a part of the equation. i just don't give donald trump enough credits of th

walt disney announcing a change of leadership but in the future after returning the ceo in 2022, bob iger'se sometime in early 2026 with reports that all reports of interview with the succession committee former morgan stanley james gorman is get a become the company's new chairman sometime in 2025 it seems like a strong pick oil prices on the rise of the worst week in a year with middle east supply disruption, oil is trading above $70, $70.64 a barrel an increase of 2%, all of this is about the worries in the middle east, some of which for the moment they go up and down for the moment and they seem to come down but whale traders seem to think things are over in the middle east and that's right, that does it or east on cavuto "coast to coast", taylor riggs of "the big money show" are here to take you to the next hour. >> great to see you, thank you, hello everyone i am taylor riggs. brian: i'm brian brenberg. jackie: i'm jackie deangelis welcome to "the big money show". taylor: a fox business

, and that's what i'm trying to get to go away as there's nothing wrong with who i am obviously, bob iger thought it was too gay. >> how is that more adult content then heterosexual? couple of rolling around in bid, which they do. >> again, we're making a judgment about what our society is comfortable with and what they might have been comfortable with. >> i can understand why someone looks at that is a little uncomfortable because they're not used to seeing it. it must have been uncomfortable for some white people to see some black people walk into a restaurant that they weren't supposed to be in its conditioning you see, i'll take one marker there was a season missing bits queen season. >> he did and the season a good way to put that i wanted to see her bumbling her way into the real world where everybody was just so cool there the it was asking a lot of the audience work so hard to bring in and accept her that they were just asked to move a little too quickly. >> i think so. ten is a great point the ellen show, it will not be back on abc next week. the network is not saying why in sitc

. >>> disney will name a successor to longtime ceo bob iger in 2026. >>> pizza hut is opening an nyc restaurant in one the in celebration of national pizza month, in queens, customers can reserve the single-person location and customize their own pizza with new toppings the chain debuted over the summer including caramelized onions. >> i thought you were going to say national singles month. >>> coming up, new york sports fans have a lot to celebrate the liberty clinched their first wnba championship in franchise history the highlights from that overtime thriller. >>> plus the biden administration proposes a new rule that would make over the counter birth control free with insurance. who would be potentially covered ahead on "nbc news daily". if you're living with moderate to severe plaque psoriasis or active psoriatic arthritis, symptoms can sometimes hold you back. but now there's skyrizi, so you can be all in with clearer skin. ♪ things are getting clearer ♪ ♪ yeah, i feel free ♪ ♪ to bare my skin yeah, that's all me. ♪ ♪ nothing is everything ♪ with skyrizi, you can show up with 9

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. >> i have every reason to believe, as i understand it, that bob iger will be the ceo of this company two years from now, winding down his second stint as ceo as 2026 comes to an end with his successor having been anointed months earlier. jim, that's the scenario i'm following at this point. now, gorman may continue as chairman after that time but that's what i'm expecting will happen. >> all right i mean, to me, i want things to calm down. david, i don't want any more controversy at disney. the stock goes higher if there's no controversy and they can just focus on business. >> let's get the cnbc realtime exchange at the big board. airlines celebrating its recent relisting at the nasdaq specialty finance company chicago atlantic bdc watching brent fill in you mentioned the wells note, the idea we're front running a post election bounce >> i think everyone is trying to position themselves for something that is probably not going to happen. we're going to be doing election night coverage i think it's going to be unfortunately inconclusive if one of the candidates doesn't win that night

. >> i remember bob iger also similarly saying, i'm so glad i don't have to do those conference callscame back. >> true. >> yeah. >> and -- >> guess they weren't that much of an -- yeah -- so onerous. >> can you imagine the pressure on annette from lilly where you're in indiana. they're playing this weekend. indiana's, like, against nebraska. and indiana, it's like this. how are you? it's good? any good? how's your family? >> i have no idea what you're talking about. >> okay, she was the cfo -- >> neither does anybody else. >> annette was the unbelievably good ceo of eli lilly. she's now the unbelievably good cfo of alphabet. >> okay, right. >> so, she's going to be doing the conference call. >> that connects it back to ruth porat. >> so, you go from indiana, congratulations, you're the best, to, like, substantive questions that -- >> it's so much better when you explain what goes through that head instead of just shortcutting. >> i just don't have the time. >> this took longer. >> david, you look at a calendar, i look at my watch. >> i know. i've heard that one before. >> that's a ge

that said, bob iger came back in and reset things. i don't know how much the damage is.aybe there is still an overhang from that. >> i'm just saying, you know, barclays, understanding upside and downside scenarios, i like that. but then you've got this bank of america piece, big headwinds into fiscal year '25, largely no. that's good. and then downgrade, idling or in park. >> they also say that ethnic universe will create competition. >> it was nice to see that. potential competition. this is a mention that's positive about comcast. >> comcast, shares have been on something of a bit of a tear lately. >> do you think it's because of universe? >> no, i don't. i'll tell you one stock that is not performing well -- >> echostar? they told me you killed echostar. >> i don't know about that. the stock is down another 6 plus percent. we had the ceo joining us yesterday trying to explain the deal that is going to be a wireless company with an enormous amount of spectrum, but not much of an articulated plan in terms of the growth practice jek -- trajectory. i had noted that stock

is as such given that and one of the examples you had a tweet out earlier this year directed at bob igerg and you said, if true, that you felt that -- or you thought the debate, given some of the stuff going around, was mishandled -- >> what i said was the following -- >> my -- >> so i'm on twitter, x, published an affidavit that made a series of claims about the debate that had some credibility to it -- >> it turned out to be wrong >> elements of the debate that made it look -- the nature of the fact checking and otherwise. and if that happened on cnbc, right, the right thing to do, in my opinion, is fine, do an investigation, determine whether it's true or false. >> questions had they been given to the candidate -- to harris -- >> among other things. >> and your point was they didn't turn it down, they didn't say no this didn't happen and there were other things like the size of the podiums that hadn't been disclosed in advance. >> there were a series of allegations that made it look like the debate was quote/unquote rigged an objective media organization would say we're going to look