The Latest Breaking News from Bob Chapek

Walt Disney Co.'s bombshell news Sunday night that Bob Iger would return as chief executive sent shock waves throughout the Burbank entertainment giant, Hollywood and Wall Street.

Wall Street says you can go home again, as shares of Walt Disney Co. spiked Monday on the news that Bob Iger is returning as chief executive of the media and entertainment company.

LOS ANGELES — In a blockbuster development, Walt Disney Co.'s longtime chief Robert Iger is returning to lead the Burbank-based entertainment giant.

Chief executive brought in Marvel, Star Wars and Fox – but he may now face job losses and cost cuts

Chapek's tenure as CEO came with public missteps, poor earnings, and a fight over Florida's "Don't Say Gay" law.

Iger's return comes as the CEO he chose to replace him faces investors' wrath over streaming losses.

Move described as ‘probably the most significant piece of corporate upheaval since Steve Jobs went back to Apple’

Former Walt Disney Co Chief Executive Bob Iger is returning to the media company as CEO less than a year after he retired, a surprise appointment that comes as the entertainment company struggles to turn its streaming TV services into a profitable business. Iger, who retired last year after 15…

The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a move that surprised the entertainment industry.