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The Walt Disney Company announced on Tuesday that Bob Iger is stepping down as the company's CEO, and handing over his position to Bob Chapek effective immediately. Iger been in leadership at Disney for 27 years, 15 years as CEO, and will remain with the company as executive chairman and will direct the Walt Disney's creative endeavors through the end of 2021. “With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO,” Mr. Iger said. “I have the utmost confidence in Bob and look forward to working closely with him over the next 22 months as he assumes this new role and delves deeper into Disney’s multifaceted global businesses and operations, while I continue to focus on the Company’s creative endeavors.”Iger's career brought the launch of Disney's streaming service Disney+, the acquisition of 21st Century Fox and the opening of a Disney theme park in China. One of Iger's first moves as CEO was in 2006 with Disney's purchase of Pixar. Iger called last year's launch of Disney+ a success, as the service garnered 26.5 million subscriptions by late December, 1220

The WNBA and its players have reached a tentative deal on a collective bargaining agreement. The eight-year contract begins this season and runs through 2027. The league says it will increase salaries, marketing opportunities and revenue sharing. There are also enhanced travel standards, maternity and family planning benefits and health and wellness improvements. It will pay players an average of 0,000 annually. 431

The rookie took down the rock star in Sunday's New York City Marathon.Joyciline Jepkosgei ruined esteemed countrywoman Mary Keitany's chance at a fifth women's title in the contest, but all kudos went to Kenya, as Keitany came in second, and Geoffrey Kamworor won the men's division, his second NYC Marathon victory."My strategy I had planned was to finish the race strong," Jepkosgei said in a statement. "But in the last kilometers, I saw that I was approaching the finish line and I was capable of winning."The world record holder in the half marathon, Jepkosgei finished first among thousands of competitors with an 632

Three people are dead and four are missing after a plane crash in a remote northern Labrador lake in Canada.Jean Tremblay, chief executive of the regional airline Air Saguenay, told CBC News that a de Havilland DHC-2 Beaver float plane went down in Mistastin Lake.On board was a pilot for the airline, four passengers and two fishing guides.The plane was heading from a fishing lodge to a remote camp on the lake when it was reported overdue Monday night, according to CBC.The pilot and two others were found dead at the wreckage site, Tremblay told the outlet.The fate of the other four people on the plane is unclear. 631

Through the next few days, parents and grandparents will lovingly insert and bills into Christmas cards, then mailing them to children as gifts. But many of those cash gifts may go missing, as one mom found out.Rena Giselle recently opened her mail box to find a car addressed to her 14 year old son. But she immediately noticed the corner torn, and the cash Grandma had enclosed nowhere to be found."I mean that's just tampered with," she said.Her mom confirmed she put money in it. "My grandparents and family and friends like to send cash through the mail for like the holidays and birthdays, and this year they're not coming through," Giselle said.Card thefts across the countryJust this past month, a postal worker admitted to stealing ,000 cash from birthday and other cards at one Wisconsin Post Office.It's not just rogue postal workers: cash is also stolen by porch pirates, the same thieves who run off with our Amazon boxes.The problem is if you put cash inside a holiday greeting card, especially more than one bill in thickness, a good thief can often feel that card and tell there's money inside it.The United States Postal Service suggests you don't mail cash. It recommends:? Personal or cashier's checks? Money order? Sending cash by registered mail, where you insure itGiselle is putting her parents on money transfer apps like Venmo or Zelle."I would suggest using apps, because you'll have the money in a minute," she said.It's a good idea, because a holiday gift is no fun if a Grinch gets it first. If you must send cash, wrap it in extra paper, so someone with curious fingers wont be able to feel it. That way you don't waste your money.___________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese on FacebookFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to 1910