Communications services companies fell sharply amid doubts about Paramount Global's efforts to sell itself. Shares of the Hollywood studio tumbled.

Walt Disney and Florida Gov. Ron DeSantis ended their long-running fight after the media company reached a 15-year agreement that will allow for the continued expansion of its Orlando-area resort.

Linda Boff, who left General Electric in April after nearly a decade as its chief marketing officer, has been named chief executive at marketing agency Said Differently.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

06-13-24 1734ET