Bloomberg Walt Disney Co. shares rose as much as 7% in early trading after Chief Executive Officer Bob Iger announced plans for a dramatic restructuring of the world’s largest entertainment company, including 7,000 job cuts and $5.5 billion in cost savings. The reductions include plans to cut $3 billion from its budget for movies and TV shows and the rest ...

  Bloomberg German inflation slowed in January to the lowest level in five months thanks to further government aid to ease the burden on households from soaring energy costs. Consumer-price growth eased to 9.2% from 9.6% in December, Germany’s statistics agency said Thursday. Destatis had postponed the data’s scheduled release last week due to processing problems. That delay forced Eurostat ...

  Bloomberg Applications for US unemployment benefits rose for the first time in six weeks but remained historically low, underscoring the resilience of the job market despite mounting economic uncertainty. Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed Thursday. The median forecast in a Bloomberg survey of economists called for ...