Disney Shares Plummet as Theme Parks Hit Hard by Kamalaflation
The Walt Disney Company warned that its theme parks are facing difficulties as record inflation puts a trip to the Magic Kingdom out of reach for millions of middle- and working-class Americans. The news sent Disney shares tumbling more than 3% through the day on Wednesday. Disney said on its quarterly earnings conference call that […]
Disney reports some softness in parks in third-quarter
“The Craman Countdown” panelists Bankim Chadha and Thomas Hayes provide an in-depth look at investing in cyclical stocks. Disney warned Wednesday that its theme park business is expecting weakness in the third quarter. Disney’s Experiences division, which includes theme parks, cruises and consumer products, generated revenue of about $8.39 billion and operating profit of $2.22 […]
NYC Parks Department worker busted in deadly shooting of migrant who set up tent in park: sources
A Parks Department officer is suspected of shooting and killing a Venezuelan migrant who was camping near two problem shelters in a Brooklyn parkland last month, police and law enforcement sources said Friday. Elijah Mitchell, 23, a seasonal park worker, was apparently infuriated by the tent camp the migrants had set up at Steuben Playground […]
Yosemite hiker slips on cables in Half Dome and falls to death during storm | National parks
A father-daughter hike that began as a bucket list for an Arizona college student ended tragically when she fell to her death. Yosemite’s Half Dome Earlier this month. Hiker Grace Roeloff, 20, and her father, Jonathan Roeloff, were descending a cable from the summit of Yosemite on July 13 when they reportedly slipped and fell. […]