The Walt Disney company is set flood its theme park properties with funds for expansion. In the company's most recent earnings call, Disney parks performed better than anticipated and now the house of mouse wants to continuing building. Cheddar News senior reporter Michelle Castillo has details in the pending $60 billion investment.
Share:
More In Business
The IPO Market Should Stay Sizzling, Even When Summer Is Long Over
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
Euro Monopoly Watchdogs Bare Their Teeth Anew at Microsoft-OpenAI Deal
The European Union is escalating its scrutiny of the artificial intelligence industry, including taking a fresh look into Microsoft's OpenAI deal.
Smart Balls! Cryogenic Recovery! Tech is Changing Soccer at Euro 2024
The world’s most popular sport continues to be impacted by rapidly-developing technologies on display at the European championship.
Months Before the Election, the Candidates Are Impacting the Economy
Americans won’t go to the polls until November, but election years tend to benefit stocks – and so far, this year is no exception.
BBTW: Nvidia’s Nvulnerability, Rivian Avoids the Void, and Piracy Is Back!
Our weekly roundup of the biggest stories about the biggest companies in the world's biggest economies.
Mother Jones Publisher Sues OpenAI and Microsoft For “Exploitation”
Another news organization is suing ChatGPT maker OpenAI and its business partner Microsoft for alleged copyright infringement.
US Economic Growth for Q1 Revised Up to 1.4%
The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, in a slight upgrade.
Which Retailers Are Out & Proud... And Which Are Not
Find out which brands and retailers have embraced Pride in 2024 and which are quietly taking steps back. Watch!
Good News? Your Bank Is Prepared for Economic Disaster
While consumers might be worried about their finances, the country's biggest banks are prepared to avoid collapse, according to the Fed's stress test.
