Walt Disney (DIS) missed estimates with fiscal fourth-quarter earnings and revenue, hurt by declining subscriber numbers at ESPN. Shares of the Dow component initially fell in after-hours trading, but rebounded after more optimistic comments by CEO Robert Iger. (CNBC)
Iger said the entertainment giant is going through a transition period, predicting modest growth in its next fiscal year, with more robust growth ahead. The Disney chief also defended ESPN, saying the sports network faced tough comparisons. (CNBC)
Iger, a Hillary Clinton supporter, said he respects the decision of voters to elect Donald Trump. The Disney CEO said he hopes Trump and the GOP House and Senate can lower the corporate tax rate, a reform the media giant has been pushing. (CNBC)
Grubhub CEO Matt Maloney, a Clinton supporter, said his anti-Trump email sent to employees was "misconstrued" and he "did not ask anyone to resign if they voted for Trump." (USA Today)
Peter Thiel, the highest-profile Silicon Valley executive to publicly promote Trump during the presidential campaign, told the Wall Street Journal he backed the Republican because he "just got it."
As anti-Donald Trump protests continued in the U.S. for a second day, police called a demonstration in Portland a riot, due to "extensive criminal and dangerous behavior." (NBC News)
President-elect Trump broke his silence about demonstrators, calling them "professional protesters, incited by the media." This morning, Trump tweeted he loved that "small groups of protesters have passion for our great country."
Bernie Sanders, who lost the Democratic primary to Hillary Clinton, is leaving open the possibility of another presidential bid, saying in a interview he wants to focus on helping the party rebuild its base after Trump's victory. (AP)
Liberal firebrand, Sen. Elizabeth Warren, threw down the gauntlet to Trump, telling labor union members there are financial and social issues where her party will fight him, and continuing to blast the Republican. (Reuters)
In the biggest turnout yet during this year's sign-up period, more than 100,000 Americans rushed to buy Obamacare health insurance Wednesday, the day the election. Trump has promised to repeal the law. (NY Times)