Today: December 12, 2024
Today: December 12, 2024

Crisis or Catalyst? Florida’s Economy Teeters as Disney Scraps Billion-Dollar Move

Crisis or Catalyst? Florida’s Economy Teeters as Disney Scraps Billion-Dollar Move
September 25, 2023
Nahal Garakani - LA Post

Disney's recent decision to cancel its proposed $1 billion move has undeniably shaken Florida's economy. The move, which was set to relocate 2,000 Cast Member jobs, including most of Walt Disney Imagineering, from California to Florida, was expected to significantly boost Florida's economy. However, Disney's change of plans has left the state grappling with the repercussions.

Read More

Related

Business|Economy|US

CNN's Matt Egan shares 'two big reasons' why inflation has heated up

CNN reporter Matt Egan breaks down the latest Consumer Price Index data from the Bureau of Labor Statistics.

CNN's Matt Egan shares 'two big reasons' why inflation has heated up
Business|Economy|Europe|Finance|Stock Markets

As euro zone risks mount, markets seek clarity on pace of ECB rate cuts

Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals

As euro zone risks mount, markets seek clarity on pace of ECB rate cuts
Business|Economy|Finance|Stock Markets|US

Wall Street hopes rate cuts will force clients out of cash in 2025

Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to falling interest rates in 2024 to start melting next year as

Wall Street hopes rate cuts will force clients out of cash in 2025
Business|Economy|Environment|Technology|US

US grid-scale energy storage sees record installations, deployments in Q3

U.S. energy storage market saw record growth in the third quarter with 3,806 megawatts (MW) worth installations and 9,931 megawatt-hours (MWh) deployed, Wood Mackenzie said in a report on

US grid-scale energy storage sees record installations, deployments in Q3
Share This

Popular

Business|Economy|Entertainment|Technology|US

YouTube TV is hiking its monthly price, again. Here's what to know

YouTube TV is hiking its monthly price, again. Here's what to know
Business|Economy|Europe|Political

Italy sees weaker 2024 GDP, with industrial sector in trouble, economy minister says

Italy sees weaker 2024 GDP, with industrial sector in trouble, economy minister says
Business|Economy|Finance|Stock Markets

Contact lens maker Bausch + Lomb says it is exploring sale

Contact lens maker Bausch + Lomb says it is exploring sale
Business|Economy|Technology|US

Boeing plans to increase 787 production to 10 per month by 2026

Boeing plans to increase 787 production to 10 per month by 2026