Briefs: The Force is strong in Disney and Hasbro; Coke gets big bucks from itty-bitty bottles
● The Star Wars force proved strong for Walt Disney and Hasbro. The latest chapterr in the space opera pushed profit at Disney’s filmlm unit up 86 percent, to $ 1 billion in the quarterter ended on Jan. 2. Star Wars action figures helped ed Hasbro sales rise 13 percent, to $1.5 billion, in the he quarter ended on Dec. 27.
● India blocked Facebook’s free Internet app as part of a hotly tly debated ruling in favor of net neutrality. Thee government was concerned that Facebook would prioritize ze some online content. Facebook CEO Mark Zuckerberg said in a statement he was dis appointed, but the company won’t give up on a plan to blanket the country with free Web service.
● Zenefits CEO and co-foundero-fou Parker Conrad resigned after the company came under fire for lax compliance with state insurance rules. The health-insurance brokerage tapped Chief Operating Officer David Sacks to replace him. Once a venture capital darling, Zenefits recently hired an accounting firm to conduct a third-party review of its insurance licensing procedures.
● Bonuses are outpacing business at Alibaba. In the nine months through December, the Chinese e-commerce giant said share- based compensation jumped 37 percent and revenue increased 31 percent. Alibaba’s workforce grew only 6 percent last year.
● Shares of U.S. utilities and coal mining outfits rose as the Supreme Court put on hold federal regulations to curb carbon dioxide emissions from coal-fired power plants. More than 24 states joined the energy industry in blocking the Obama administration’s Clean Power Plan.