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@ISIDEWITH submitted…2yrs2Y
Walt Disney World reporting a profit decline at theme parks signals a softening US economy.Disney forecast more challenges for the theme parks business. The company said it expects operating income in the division to fall by mid-single-digit percentage points in the fiscal fourth quarter, because of continued softening of demand at its U.S. theme parks, competition for tourist dollars at Disneyland Paris from the Summer Olympics, currently being held in the French capital, and softening of demand in China.This year, it became clear that the parks business was hitting some turbulence when Disney unexpectedly reported that operating income in the segment would likely be flat for the June quarter. The company said it was seeing “some normalization of post-Covid demand.”Disney rival Comcast, which owns and operates the Universal Studios chain of parks, reported weak results in late July, mostly because of lower attendance at Universal’s domestic parks. The company said it expects lower attendance to continue into next year. “Those Comcast numbers were scary,” said Doug Creutz, an analyst with TD Cowen. “Obviously, there’s been a slowdown in demand. Going to the parks is an expensive trip, so you’ve got to feel at least somewhat comfortable with your economic situation.”
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@ISIDEWITH submitted…1yr1Y
Democrats criticize Trump over unfulfilled campaign promise to lower food pricesGroup highlights ongoing egg shortages and high grocery costsLetter points to Trump's focus on deportations and Jan 6 pardons instead of food costsDemocrats suggest targeting large food companies making record profitsTrump previously blamed Biden administration for high grocery pricesTrump acknowledged in December difficulties in lowering established pricesPresident suggests energy costs and supply chain improvements could helpDemocrats request clarity on specific plans to address food costsLetter references Trump's campaign promise of "immediate" price reductionsCritics note Trump's executive order barely mentioned food prices
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The U.S. Department of Education has launched an investigation into 60 colleges nationwide, including four in Washington state, over allegations of antisemitic discrimination. Schools such as the University of Washington, Pacific Lutheran University, Eastern Washington University, and Whitman College…
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Even though the presidential race between former President Donald Trump and Vice President Kamala Harris is neck and neck, The Washington Post has decided not to make a presidential endorsement for the first time in 36 years, the publisher and CEO announced Friday."We are returning to our roots of not endorsing presidential candidates," Will Lewis wrote in an opinion piece published on the paper's website. He referenced the paper's policy in the decades prior to 1976, when, following the Watergate scandal that the Post broke, it endorsed Democratic nominee Jimmy Carter. The last time the Post did not endorse a presidential candidate in the general election was 1988, according to a search of its archives.Colleagues learned the news from the editorial page editor, David Shipley, at a tense meeting shortly before Lewis' announcement. The meeting was characterized by someone with direct knowledge of discussions on condition of anonymity to speak about internal matters.Shipley said that he told other editorial board leaders Thursday by management that there would be no endorsement, though he has known for weeks. He added that he "owns" this decision. The reason he cited was to create "independent space" where the newspaper does not tell people for whom to vote.Colleagues were said to be "shocked" and uniformly negative. Post corporate spokespeople have not responded to multiple messages left by NPR on the subject.Former Washington Post Executive Editor Martin Baron, who led the newsroom to acclaim during Trump's presidency, denounced the decision starkly."This is cowardice, a moment of darkness that will leave democracy as a casualty," Baron said in a statement to NPR. "Donald Trump will celebrate this as an invitation to further intimidate The Post’s owner, Jeff Bezos (and other media owners). History will mark a disturbing chapter of spinelessness at an institution famed for courage."A similar decision by Los Angeles Times owner Patrick Soon-Shiong led this week to the resignations of the paper's editorials editor and two editorial board members. Soon-Shiong said that he had asked the editorial board to draft a "factual analysis" of Trump and Harris' policies and plans. In her resignation letter, editorials editor Mariel Garza said the decision made the paper look “craven and hypocritical,” given its past reporting and editorials on Trump.
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@ISIDEWITH asked…15yrs15Y
On June 26, 2015 the U.S. Supreme Court ruled that the denial of marriage licenses violated the Due Process and the Equal Protection clauses of the Fourteenth Amendment of the United States Constitution. The ruling made same sex marriage legal in all 50 U.S. States.
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@ISIDEWITH asked…3yrs3Y
Political ideologies are coherent sets of beliefs and values that form a framework for understanding the role of government and the organization of society. They guide political behavior and policy decisions, influencing views on topics like economic distribution, individual liberties, and social justice.…
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