The man credited with putting Morgan Stanley on a new course after the 2008-2009 financial crisis just bought a large block of shares of entertainment and media firm Walt Disney. James Gorman ...

Disney is in the middle of a recession. At least, it would be if it was a nation, which it kind of is. Over the past four years, the home of Iron Man, Predator and Mickey Mouse—with 225,000 ...

Disney said Morgan Stanley veteran James Gorman would become chairman of the board on Jan. 2, after stepping down from his post as executive chair of Morgan Stanley at the end of the year.