A Los Angeles federal judge granted $50,000 bail to an assistant to Walt Disney Co. ’s head of corporate communications accused of leaking confidential stock tips about the entertainment company’s earnings .
Bonnie Hoxie, a former assistant to Walt Disney Co. corporate communications chief Zenia Mucha , admitted in court that she tried to sell confidential earnings information in a scheme with her boyfriend.
Walt Disney Co.’s plan to bar junk- food advertising from children’s programming would have cost less than $7.2 million in television ad revenue if it were in effect last year, according to estimates by Kantar Media.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
Artist Series Inc. made a conditional offer to buy Madison Square Garden Co.’s Fuse TV for $350 million in cash, which would surpass offers by Jennifer Lopez and Sean “Diddy” Combs, Artist Series said.