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 Supreme Court Confronts the Issue of Abortion, Again
Abortion opponents want the high court to ratify a ruling from a conservative federal appeals court that would limit access to a medication called mifepristone, which was used in nearly two-thirds of abortions last year.
Why Students Should Learn How to Use ChatGPT
Annie Chechitelli, chief product officer at Turnitin, breaks down how students and teachers alike can learn from artificial intelligence – while still maintaining academic integrity.
Merlin Entertainment Buys ‘Orlando Eye’
Fresh off news the company is buying the Orlando Eye, Merlin Entertainment CEO Scott O’Neil talks theme park trends, dynamic pricing, and growth.
The Latest From GMC and Buick Ahead of the NY Auto Show
Ahead of the New York International Auto Show, Duncan Aldred, Global VP of Buick and GMC, discusses what vehicles and strategies are ahead for GM.
Talking Luxury and TikTok with Neiman Marcus
Neiman Marcus Group CEO Geoffroy van Raemdonck talks luxury shopping and TikTok, why the company prefers to be private for now, and the benefits of flexible work arrangements.
The U.S. Could be Headed for a Recession
Rebecca Walser, founder and CEO of Walser Wealth Management, discusses how geopolitical conditions, the bifurcated economy, and other volatility could weigh on markets.
Stellantis Lays Off 400 Workers As Automakers Look Toward the Future with EVs
Jeep maker Stellantis announced their planned layoffs as it deals with the transition from combustion engines to electric vehicles.
#KateGate is Over: Princess of Wales Announces She Has Cancer
The video announcement Friday came after weeks of speculation spread on social media about her whereabouts and health since she was hospitalized in January for unspecified abdominal surgery.
Big Business This Week: The Future Is Electric, Reddit IPO Goes Boom, Lower Interest Rates on the Horizon
Reddit comes out swinging, Biden seeks to slash vehicle emissions and Trump seeks a get cash quick deal.
