Daily business briefing: Twitter co-founder Dorsey joins Disney board

December 24, 2013 

St. Louis-native Jack Dorsey, the chairman and co-founder of Twitter, has been elected to the board of directors at the Walt Disney Co. Disney's 10-person board of directors also includes Facebook COO Sheryl Sandberg and BlackBerry CEO John Chen. Read more at http://www.bizjournals.com/stlouis. ...

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Disney CEO Bob Iger's pay decreased by 7 percent this year. Iger received compensation valued at $34.3 million for the year, down from $37.1 million last year. Find out more at http://www.bnd.com/business. ...

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The price of oil is up above $99 a barrel Tuesday. Oil prices rose almost 3 percent last week and are up around 7 percent so far in December. Learn more at http://www.bnd.com/business. ...

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The market has been moving higher since last Wednesday, when the Federal Reserve said it will start pulling back on its stimulus program next month. Last week the government also raised its estimate for third-quarter economic growth to 4.1 percent, the fastest pace since 2011. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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