DeSantis wants state investigation into Disney power play

[ad_1] “These collusive and self-dealing arrangements aim to nullify the recently passed legislation, undercut Florida’s legislative process, and defy the will of Floridians,” DeSantis wrote in a letter to Melinda Miguel, Florida’s chief inspector general. The move by Disney blindsided DeSantis and his allies and undercuts a talking point thatContinue Reading

Disney to lay off 7K employees to cut costs: CEO

[ad_1] San Francisco: Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced. During the company’s earnings call for its December quarter, he said the move is “necessary to address the challenges we’re facing today”. “I do not make this decision lightly. IContinue Reading