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Republican Lawmakers in FL Vote to Dissolve Disney's Special District

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Republican Lawmakers in FL Vote to Dissolve Disney's Special District

Republican Lawmakers in FL Vote to Dissolve Disney's Special District

Republican Lawmakers in FL, Vote to Dissolve , Disney's Special District.

The bill was passed by the FL state legislature, 23-16 in the Senate and 70-38 in the House, on April 21.

If signed by Republican FL Governor Ron DeSantis, it means the Reedy Creek special district would dissolve effective June 1, 2023.

The Walt Disney Company would then no longer be able to act as its own government.

Disney has retained the status for five and a half decades.

The special status means that the company has been able to expand and maintain its theme parks with zero cost to FL taxpayers.

In the meantime, Disney came to employ more people in FL that any other company and transformed the local economy of Orlando.

In the meantime, Disney came to employ more people in FL that any other company and transformed the local economy of Orlando.

Democratic lawmakers in FL expressed bewilderment after the vote.

The Disney corporation is being attacked for expressing support for its many LGBTQ employees and customers.

Are we really making this enormous decision based on spite?, Tina Polsky, Democratic State Senator, via CNBC.

We are adding insult to injury by voting on something today that was proposed yesterday going after a private business that has literally made our state what it is, disagrees with, Loranne Ausley, Democratic State Senator, via CNBC.

According to FL law, dissolving a special district requires a majority vote of the landowners which, in this case, is Disney.

This means that bill is mostly political theater that is not likely to result in the dissolving of Reedy Creek.

[The governor] wants to prove a point.

He wants to prove he’s more powerful, but I don’t think he’s more powerful than Disney, Jason Pizzo, Democratic State Senator, via CNBC.

DeSantis is a likely contender for the 2024 Republican Presidential nomination


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Amazon Cuts Hundreds of Cloud Computing Jobs [Video]

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Amazon Cuts Hundreds , of Cloud Computing Jobs. An Amazon Web Services (AWS) spokesperson issued a statement about the job cuts on April 3, CNBC reports. . We’ve identified a few targeted areas of the organization we need to streamline in order to continue focusing our efforts on the key strategic areas that we believe will deliver maximum impact, AWS spokesperson, via statement. We didn’t make these decisions lightly, and we’re committed to supporting the employees throughout their transition to new roles in and outside of Amazon, AWS spokesperson, via statement. Cuts are being made to the store technology division “as a result of a broader strategic shift in the use of some applications in Amazon’s owned as well as in third-party stores,” the spokesperson said. The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores. The cashierless technology is overseen by teams within the AWS unit. . Beginning in 2022, Amazon started its largest layoffs in history by letting go of 27,000 roles company-wide. . So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. . This latest round of cuts will allow U.S. employees to collect pay and benefits for a minimum of 60 days. They will also be offered a severance package.

Credit: Wibbitz Top Stories    Duration: 01:30Published
UPS to Become US Postal Service’s Main Air Cargo Provider [Video]

UPS to Become US Postal Service’s Main Air Cargo Provider

UPS to Become US Postal Service’s , Main Air Cargo Provider. On April 1, United Parcel Service announced that it will replace FedEx as the primary air cargo provider for the USPS, CNBC reports. . On April 1, United Parcel Service announced that it will replace FedEx as the primary air cargo provider for the USPS, CNBC reports. . FedEx is walking away from a 22-year partnership after failing to secure a better contract with the agency. . FedEx is walking away from a 22-year partnership after failing to secure a better contract with the agency. . In fiscal year 2023, USPS paid FedEx $1.73 billion for its services, down from the $2.4 billion FedEx received in fiscal year 2020. The decrease in payments was partially due to the postal service using more economical trucks in place of planes, CNBC reports. . The parties were unable to reach agreement on mutually beneficial terms to extend the contract, FedEx, via securities filing. Since FedEx will lose nearly $2 billion in annual business from letting go of the contract, . hundreds of pilots will likely lose their jobs, CNBC reports . Following the announcement, UPS shares increased 1.4% while FedEx stock dropped 1.6%. FedEx's current contract is set to expire on Sept. 29

Credit: Wibbitz Top Stories    Duration: 01:30Published
Krispy Kreme to Be Sold at McDonald’s Nationwide [Video]

Krispy Kreme to Be Sold at McDonald’s Nationwide

Krispy Kreme to Be Sold , at McDonald’s Nationwide. Krispy Kreme to Be Sold , at McDonald’s Nationwide. Both food chains made the announcement on March 26, CNBC reports. . The rollout will start later this year but will take until the end of 2026 to reach McDonald's nationwide. . That's because Krispy Kreme will have to "more than double its distribution" to meet demand, CNBC reports. . We think we can service about 6,000 restaurants with our existing infrastructure, mostly doughnut shops, which have excess capacity, Krispy Kreme CEO Josh Charlesworth, to CNBC. Shares of Krispy Kreme jumped 22% following the announcement. Krispy Kreme is also expanding distribution to grocery and convenience stores. That means that the overall efficiency and productivity of our distribution network will significantly improve over time, not just because of all those local deliveries. , Krispy Kreme CEO Josh Charlesworth, to CNBC. Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. . Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. . Overall, therefore, it makes our system more profitable to grow the deliver fresh daily channel, and McDonald’s is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC. Overall, therefore, it makes our system more profitable to grow the deliver fresh daily channel, and McDonald’s is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC

Credit: Wibbitz Top Stories    Duration: 01:31Published

Orlando, Florida Orlando, Florida City in Florida, United States

Orlando Shooting: 1 dead, several injured in shooting in Orlando, Florida | Know more | Oneindia [Video]

Orlando Shooting: 1 dead, several injured in shooting in Orlando, Florida | Know more | Oneindia

At least one person was found dead and several others were injured Wednesday night following a shooting in Orlando, Florida, police said. At approximately 11:00 p.m. Orlando Police officers responded to the area of Iron Wedge Drive and South Lake Orlando in reference to several shots fired. Upon arrival at the scene, officers from the Orlando Police Department were met with a scene of chaos and distress. Multiple victims lay wounded, their lives forever altered by the senseless violence that had erupted in their midst. Tragically, one individual was discovered deceased, underscoring the devastating toll of the incident on the community. #OrlandoShooting #Florida #GunViolence #ShootingIncident #OrlandoTragedy #GunViolenceAwareness #SafetyFirst #CommunitySafety #EmergencyResponse #OrlandoNews #TragicIncident #ViolencePrevention #PublicSafety #GunControl #OrlandoStrong #PrayersForOrlando #StopGunViolence #EndGunViolence #OrlandoEmergency #StaySafeOrlando ~PR.152~ED.194~GR.121~HT.96~

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