Core Insights - Webtoon Entertainment and Walt Disney have signed a non-binding agreement to develop a new digital comics platform featuring Disney's comic franchises [1][4] - Shares of Webtoon Entertainment surged 30% in premarket trading following the announcement of the collaboration with Disney [1][4] Company Developments - The new platform will include current comic book runs and decades of past comics from Disney's portfolio, including Marvel and Star Wars [2] - Disney will acquire a 2% equity interest in Webtoon as part of the deal, which is still to be finalized [3] Market Reaction - The announcement has positively impacted Webtoon Entertainment's stock, which had previously spent most of 2025 in negative territory before the recent spike [3] - Walt Disney's shares have also shown an upward trend year-to-date [3]

Delta Air Lines and Aeromexico Joint Venture - Delta Air Lines and Aeromexico are required to terminate their joint venture by January 1, 2026, due to anticompetitive concerns in the U.S.–Mexico City air travel market [2][3] - The Department of Transportation's final order cited that the joint venture has provided both airlines with an unfair competitive advantage [3] - Delta expressed that the decision will significantly harm U.S. jobs, communities, and consumers traveling between the U.S. and Mexico, and is currently reviewing the order [3][4] Economic Impact of the Joint Venture - The partnership, established nearly a decade ago, was under a Joint Cooperation Agreement that allowed for coordinated flight schedules and pricing strategies [3] - The airlines argued that their collaboration generated $310 million for the U.S. economy, and its termination would lead to a loss of economic benefits [4] Federal Reserve Board Appointment - Stephen Miran has been confirmed as a Federal Reserve Board Governor, filling a seat previously held by Adriana Kugler [5][6] - His confirmation was narrowly approved by the Senate with a vote of 48-47, and he plans to take unpaid leave from Trump's Council of Economic Advisers [6] - Concerns have been raised regarding potential political interference due to Miran's close ties to the Trump administration [6][7] Disney and Webtoon Partnership - Disney is partnering with Webtoon Entertainment to develop a digital platform for its comics and has acquired a 2% equity interest in Webtoon [9][10] - The new platform will feature over 35,000 Disney comics, including titles from Marvel and Star Wars, and will be available to current Marvel Unlimited and Disney+ subscribers [10][11] - Webtoon will operate the service, which is expected to enhance Disney's digital comic offerings [12]