Business

Orlando’s Airport Now Among World’s Ten Busiest

Reuters reports: Orlando cracked a list of the world’s top 10 busiest airports by passengers for the first time last year, as the home of the Walt Disney World and Universal Studios Florida theme parks joined mostly American hubs as soaring leisure travel underpins a recovery in traffic. Hartsfield-Jackson Atlanta International Airport topped the rankings by passenger traffic published Monday …

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Musk Won’t Join Twitter’s Board Of Directors After All

CNBC reports: Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network of choice. Twitter CEO Parag Agrawal announced publicly on Sunday that Musk remains the largest shareholder of Twitter, and the company will remain open to his input. Musk informed Twitter on Saturday morning that he would not, in fact, …

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Amazon To Appeal Vote To Unionize By NYC Workers

The Wall Street Journal reports: Amazon.com Inc. plans to appeal its loss last week against union organizers in New York, where workers voted to establish the company’s first U.S. union. The company’s intention was made in a legal filing made public Thursday. Roughly 55% of the workers from a Staten Island facility named JFK8 voted to side with Amazon Labor …

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Elon Musk To Hold Town Hall With Twitter Employees

The Washington Post reports: Twitter plans to host Elon Musk for a question-and-answer session with employees after a week of internal outcries over his appointment to the social network’s board of directors, according to company messages obtained by The Washington Post. The announcement from Twitter chief executive Parag Agrawal of the highly unusual internal AMA — which stands for “ask …

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JetBlue Makes $3.6B All-Cash Offer To Buy Spirit

CNBC reports: JetBlue Airways made a $3.6 billion all-cash offer for Spirit Airlines, raising questions about Spirit’s deal to combine with rival discount carrier Frontier Airlines. Spirit said its board was evaluating JetBlue’s proposal and will “pursue the course of action it determines to be in the best interests of Spirit and its stockholders.” JetBlue’s bid comes less than two …

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“Cracker Jill” Launched In Tribute To Women’s Sports

Yahoo Finance reports: On Tuesday, PepsiCo’s (PEP) Frito-Lay announced Cracker Jills will be a permanent member of its snack roster as a way to celebrate women who break down barriers in sports. The snack will be available in pro ballparks and via a $5+ donation to the Women’s Sports Foundation (WSF). In addition, PepsiCo will donate $200,000 to the foundation. …

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Twitter Appoints Elon Musk To Board Of Directors

CNBC reports: Elon Musk will join Twitter’s board of directors after taking a 9.2% stake in the social media company, according to a release filed with the SEC. “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board,” CEO Parag Agrawal said in a tweet. Musk’s purchase comes after …

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Elon Musk Becomes Twitter’s Largest Shareholder

CNBC reports: Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for failing to uphold the tenets of free speech. Musk owns 73,486,938 shares of Twitter, which represents a 9.2% passive stake in the company, according to the Securities and …

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NJ Push To Allow Self-Pumping Of Gas Hits Dead End

The New York Times reports: A brief but intense push to abolish a law that bars drivers in New Jersey from pumping their own fuel at gas stations has hit a speed bump, if not a complete dead-end. Nicholas Scutari, the Democratic president of the State Senate whose backing would be crucial to any law change, put an end to …

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Rising Prices Upend NYC’s “Pizza-Subway Principle”

Bloomberg News reports: The “pizza principle,” a mainstay of New York economics for more than four decades, states that a slice of cheese pizza will always be the same price as a subway ride. The rule has largely held true since first conjectured in the New York Times in 1980, with any increase in pizza prices tending to predict a …

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NYC Amazon Warehouse Workers Vote To Unionize

The New York Times reports: Workers at Amazon’s massive warehouse on Staten Island voted by a wide margin to form a union, according to results released on Friday, in a landmark win for a campaign targeting the country’s second-largest employer and one of the biggest victories for organized labor in a generation. Employees cast 2,654 votes to be represented by …

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DeSantis: Disney’s “Woke Ideology” Will Destroy USA

Mediaite reports: Florida Gov. Ron DeSantis accused Disney of imposing a “woke ideology” and warned that it’ll “destroy” the United States if left “unabated” in an appearance on Fox & Friends on Friday. DeSantis went on to say there’s a difference between “policy disputes” and imposing “a woke ideology.” “There’s policy disputes and that’s fine, but when you’re trying to …

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Former Disney CEO Blasts “Don’t Say Gay” [VIDEO]

CNN Business reports: Bob Chapek, Bob Iger’s successor, initially opted not to speak out against the controversial law. But corporate executives should voice their opinions about ethical dilemmas, Iger recently told CNN+ host Chris Wallace. “A lot of these issues are not necessarily political,” Iger told CNN+ host Chris Wallace. “It’s about right and wrong. So, I happen to feel …

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DeSantis Backs Call To Strip Disney’s Self-Government

CNN Business reports: Florida Gov. Ron DeSantis on Thursday signaled support for stripping Disney of its 55-year-old special status that allows the entertainment company to operate as an independent government around its Orlando-area theme parks. “Disney has alienated a lot of people now,” DeSantis said at a West Palm Beach press conference. “And so the political influence they’re used to …

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Elon Musk Quotes Eminem In Filing Against The SEC

The Verge reports: The latest court filing in Elon Musk’s battle to wrest back control of his Twitter account from the SEC includes a citation of the 2002 song Without Me by rapper Eminem. Yes, really. In the song, the rapper complains that “The FCC won’t let me be or let me be me so let me see/ They tried …

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NY To Shell Out Record $850M For New NFL Stadium

Politico reports: A new $1.4 billion stadium for the Buffalo Bills will receive a record public subsidy of $850 million between state and county funding, Gov. Kathy Hochul announced Monday. The combined $850 million would set a record for the most public money ever spent on an NFL stadium, topping the $750 million recently spent in Las Vegas. Hochul said …

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Disney: “Our Goal” Is The Repeal Of “Don’t Say Gay”

Via press release from the Walt Disney Company: Florida’s HB 1557, also known as the ‘Don’t Say Gay’ bill, should never have passed and should never have been signed into law. Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national …

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Walmart To End Cigarette Sales In Multiple Markets

The Wall Street Journal reports: Walmart Inc. is ending cigarette sales in some U.S. stores after years of debate within the retail company’s leadership ranks about the sale of tobacco products, according to people familiar with the matter. Cigarettes are being removed in various markets, including some stores in California, Florida, Arkansas and New Mexico. Walmart, which has more than …

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NYC Uber Users Will Be Able To Select Yellow Taxis

The New York Times reports: New Yorkers ordering a ride on the Uber app could choose a yellow taxi under a new partnership between the ride-hail company and two taxi technology companies. The taxi option will begin later this spring and will be available to all Uber riders in New York City, Uber said. Uber riders will pay roughly the …

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Bezos’s Ex Gives Record $275M To Planned Parenthood

Reuters reports: Billionaire philanthropist MacKenzie Scott donated $275 million to women’s healthcare provider Planned Parenthood, the largest gift from a single donor in the organization’s more than 100-year history, Planned Parenthood said on Wednesday. The donation, which is part of Scott’s pledge to give away the majority of her wealth, was made to Planned Parenthood’s national office and 21 regional …

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