Disney is laying off 32,000 employees

By Hanna Ziady, CNN Business Walt Disney Co. is laying off 32,000 employees, about 4,000 more than previously announced, as the coronavirus pandemic continues to hammer its parks and resorts business.

 

Australia's Bega Cheese buys Lion Dairy from Kirin

By Sherisse Pham, CNN Business Japanese beverage giant Kirin has finally offloaded its Australian dairy business, months after it was forced to scrap a bigger deal because of geopolitical tensions with China.