Disney cancels $1bn Florida theme park extension amid war with DeSantis
The Walt Disney Company has pulled the plug on a $1bn office complex in Orlando, following a warning from Disney leadership that billions of dollars in projects were on the line after Florida Governor Ron DeSantis escalated his feud with the company. The development scheduled for construction in the Orlando area was set to bring 2,000 jobs to the region, with 1,000 employees expected to be relocated from southern California. In an email to employees on 18 May, Disney’s theme park and consumer products chair Josh D’Amaro pointed to “changing business conditions” for the cancellation of the 60-acre Lake Nona Town Center project, according to The New York Times, which first reported the move. “I remain optimistic about the direction of our Walt Disney World business,” he added, noting that the company has still planned $17bn in projects over the next decade its Disney World campus. “I hope we’re able to,” he said. For years, Florida legislators and the governor’s office enjoyed a close relationship with the state’s largest taxpayers, among the state’s largest employers, which has wielded enormous political influence while bringing in billions of dollars to the state each year. Now, the company and DeSantis allies are suing one another, following a year-long feud over opposition to what opponents have called Florida’s “Don’t Say Gay” law that boiled over into political and legal battles that could shape the company’s business in the state. Moments after board appointed by Mr DeSantis voted to strip the company’s control of its Florida park, Disney filed a federal lawsuit against the governor and state officials alleging a “targeted campaign of government retaliation” for “expressing a political viewpoint.” The lawsuit follows the governor’s state takeover of the Reedy Creek Improvement District, now the Central Florida Tourism Oversight District, made up of conservative activists and DeSantis loyalists, a move that followed Florida Republicans’ punitive measures against the company after its public opposition to the “Don’t Say Gay” law. Days later, the board voted to sue Disney in state court. In March, Disney slammed the governor’s “anti-business” approach to the company, which Mr DeSantis has accused of advancing a “woke agenda” while his administration targets LGBT+ people and their families with sweeping laws to control public school education, healthcare access and speech. The governor dissolved a decades-old municipal district that allowed Disney to control its own land use, zoning rules and public services, without putting a tax burden on Florida residents. In effect, Disney taxed itself to foot the district’s bill for its municipal needs. “Does the state want us to invest more, employ more people, and pay more taxes, or not?” Disney CEO Bob Iger said on a conference call with analysts last week. A statement from Disney said the company has decided to pull out of the new campus construction “given the considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions.” The “Parental Rights in Education Act” – what opponents have called “Don’t Say Gay” – prohibits instruction of “sexual orientation or gender identity” from kindergarten through the third grade and any such discussion “that is not age-appropriate or developmentally appropriate for students” in other grades. The governor recently expanded the law to explicitly extend such restrictions to all grades. Critics have warned that the broadly written law threatens to freeze classroom speech involving LGBT+ people and issues, from civil rights history lessons to discussion of LGBT+ students, school staff and their families. Following passage of the Florida law, lawmakers across the US and in Congress have introduced similar legislation, including more than two dozen measures in current legislative sessions. Read More DeSantis v Disney: Why Florida’s governor is at war with the Mouse ‘We will not be erased’: Critics slam Ron DeSantis for unprecedented bills attacking LGBTQ+ people Penguin Random House sues Florida school district over ‘unconstitutional’ book bans Florida teacher under investigation for showing Disney movie with LGBT+ character speaks out
2023-05-19 03:55
Alfred L. Cralle: The Black Businessman Who Invented a Better Way to Scoop Ice Cream
Alfred L. Cralle made scooping ice cream a one-hand job with his ingenious patent.
2023-06-05 22:20
SEC Delays Decision on ARK 21Shares Bitcoin ETF Filing
The US Securities and Exchange Commission has not yet come to a decision on whether to approve the
2023-08-11 23:29
In the Market: Inside Wall Street's scramble after ICBC hack
By Paritosh Bansal (Reuters) -The cyber hack of Industrial and Commercial Bank of China's U.S. broker-dealer was so extensive on
2023-11-14 03:46
Indian capital gets a breather as rain brings respite from smog
NEW DELHI Overnight rain in New Delhi and its suburbs brought some relief to the Indian capital on
2023-11-10 15:59
A New The Boys Event is Coming to Modern Warfare 3
A new The Boys event is coming to Call of Duty: Modern Warfare 3 called The Boys vs. The Seven with free rewards and challenges in Multiplayer and Zombies.
2023-11-23 02:56
Globe Group Revolutionizes Healthcare Access in the Philippines With Launch of Groundbreaking KonsultaMD SuperApp
MANILA, Philippines--(BUSINESS WIRE)--May 30, 2023--
2023-05-30 14:25
US Supreme Court to weigh state laws constraining social media companies
By Andrew Chung (Reuters) -The U.S. Supreme Court on Friday agreed to decide the legality of Republican-backed state laws in
2023-09-29 21:49
This is why time ‘speeds up’ when we get older, according to scientists
We've all heard and probably have used the saying "time flies," but why does this expression resonate more and more as we get older? From being a happy-go-lucky child counting down the days of school left until the summer holidays to finding ourselves in adulthood with responsibilities like a full-time job and bills to pay, everything changes in what feels like a blink of an eye. While there isn't any scientific evidence that explains why we feel time moves faster as we age, there is a theory that may provide the answer. "One is that when we are older, we tend to have lives that are more structured around routines, and fewer of the big landmark events that we use to demarcate different epochs of the 'time of our lives,'" Cindy Lustig, a professor of psychology at the University of Michigan, told the Daily Mail. She explained how as children we have fewer experiences to reflect on. And so 20 per cent of a five-year-old's life is just one year and in this year there are momentous milestones and life experiences. While the same duration of time only two per cent of a 50-year-old's life who wouldn't have as many new experiences within this period. The professor added how our brains often merge similar days and weeks together and this blending of memories means that many of us can remember something they've done once rather than recalling the hundred times they have done it before. Well, there you go - something to think about whenever we feel old and like time is passing us by. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-17 14:15
Amouranth: Fans call Twitch streamer's most controversial video 'soothing, weirdly'
Amouranth is not new to controversies and some of them led to her being banned from Twitch
2023-05-25 16:28
Tristan Tate once shared life-altering fashion advice with fans
Internet claims that's an 'expensive illustration' after Tristan Tate shares his go-to fashion tip
2023-09-10 14:54
Xtremity Introduces All-New Proprietary Prosthetic Flexible Inner Socket: The XtremityTT™ FLEX
DENVER--(BUSINESS WIRE)--Jul 17, 2023--
2023-07-18 00:27
You Might Like...
What Is COP28 and Why Is It Important?
Microsoft CEO Says AI Is a Tidal Wave as Big as the Internet
These Stocks Are Moving the Most Today: Plug Power, Trade Desk, Doximity, Unity Software, Wynn Resorts, and More
Activision Blizzard to leave Stock Exchange this weekend, following US court ruling
SundaySky Introduces Generative AI to Assist and Accelerate Video Creation
How to watch the Tour de France online for free from anywhere in the world
How to Find Your Total Hours Played on Fortnite
Save time creating your WordPress site with this AI content generator, now nearly half off
