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☆ Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way
▼ + stars: | 2024-04-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +12 min

It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Revenues fell 35% in 2020, a nearly $10 billion decrease from the $26.2 billion the experiences division had tallied in the year before the pandemic. The experiences division posted record revenue of $32.5 billion in fiscal 2023, a 16% increase from the prior year. Its innovations, from ride mechanics and animatronics to creature design and immersive architecture, have made Disney's parks a standout in the industry. Storytelling is at the heart of everything across Disney's experiences division.

Persons: Mickey Mouse, Ian Langsdon, Josh D'Amaro, D'Amaro, Bob Chapek, D'Amaro —, Walt Disney, King Arthur Carousel, Christian Thompson, you've, it's, Bob Iger, Nelson, Walt Disney Imagineering, Rey, Kylo Ren, Judy Hopps, Imagineers, CNBC —, Lewis, Disney, Imagineering, Matt Stroshane, Alan Bergman Organizations: Paris, Afp, Getty, Gibson, Disney, Walt Disney Imagineering, Hong Kong Disneyland, Walt Disney, Guardians, Magic Kingdom, Epcot, Star Wars, California Disneyland's, Walt Disney Imagineering's, Disney Engineers, Force, Southwest, CNBC, Galactic, Marvel Locations: California, Burbank, Disneyland, Hong Kong, Shanghai Disneyland, Florida, Epcot, Magic, Wharf, Disneyland's, Disney's, Edge

MADISON, Wis. (AP) — Multimillionaire Republican businessman Eric Hovde is planning to launch a bid for U.S. Senate against Democratic incumbent Sen. Tammy Baldwin next week. Hovde campaign spokesperson Ben Voelkel said Thursday that Hovde, 59, will get into the race next week after months of preparation. Hovde previously ran for Senate in 2012, describing himself then as a free-market conservative, losing in the Republican primary to former Gov. Photos You Should See View All 22 ImagesIn that race, Hovde ran as a supporter of overturning the Affordable Care Act, the national health care law signed by former President Barack Obama. Baldwin has already said she plans to highlight abortion rights in this year's Senate race.

Persons: —, Eric Hovde, Sen, Tammy Baldwin, Ben Voelkel, Reelecting Baldwin, Hovde, Tommy Thompson, Thompson, Baldwin, Barack Obama, Roe, Wade, Tony Evers ’, Andrew Mamo, ”, ” Mamo, Scott Mayer, Milwaukee County Sheriff David Clarke, Tom Tiffany, Mike Gallagher Organizations: U.S, Senate, Democratic, National Republican Senatorial Committee, Republican, Gov, Supreme, Democratic Gov, Sunwest Bank, Washington , D.C, Milwaukee County Sheriff, Reps Locations: MADISON, Wis, Hovde, Laguna Beach , California, Madison, Washington ,, California, Orange, Wisconsin, Franklin, Milwaukee County, Milwaukee

The campaign aides plan to discuss their general election message and outlook for the year, as well as ongoing mobilization efforts. “Together, President Biden, Vice President Harris, and House Democrats have delivered on a historic agenda for the American people,” Rodriguez said ahead of the meeting. Since Trump romped to resounding victories in the Iowa and New Hampshire contests last month, the Biden campaign has effectively acted as if the general election race with Trump has already started. The March engagement plan will help fortify a campaign operation and grassroots network for Biden and House Democrats that they will further ramp up as they work to persuade voters later this year. House Democrats are in the northern Virginia town, about 30 miles from Washington, for their annual retreat.

Persons: Joe Biden’s, Julie Chavez Rodriguez, Quentin Fulks, Mitch Landrieu, Louisa Terrell, Jen O’Malley Dillon, President Biden, Harris, ” Rodriguez, Biden, Donald Trump, handwringing, Trump romped, ” Organizations: WASHINGTON, —, Democrats, White, White House, House Democrats, Biden, Trump, Wednesday, Republicans Locations: Leesburg , Virginia, Chicago, Iowa, New Hampshire, New York, Virginia, Washington

Biden is making his pitch in a critical swing state that's part of the “blue wall” trio of states — Wisconsin, Michigan and Pennsylvania — where he defeated Republican President Donald Trump in 2020. More than 33,000 vehicles travel on the Blatnik Bridge every day, but heavy trucks are barred from it because of its decaying condition. The money comes from a $1.2 trillion infrastructure package that Biden signed into law more than two years ago. The Democratic moves have been able to help offset Republican gains made in rural areas during the Trump era. ... Biden can come to Wisconsin a thousand times, and I don’t think it’s going to change his position.”___Bauer reported from Madison, Wis.

Persons: Joe Biden, John, Biden, Donald Trump, Natalie Quillian, Democrat Hillary Clinton, “, Tony Evers, Mark Pocan, ” Pocan, ” It's, Kamala Harris, Janet Yellen, He's, Evers, Janet Protasiewicz, Sen, Ron Johnson, governor's, Trump, Brandon Scholz, Scholz, ” ___ Bauer Organizations: WASHINGTON, Democratic, Republican, House, Trump, Democrat, Biden, Marquette Law School, ” Democratic Gov, Associated Press, Democratic U.S . Rep, Wisconsin Supreme, Republicans, reelecting U.S, GOP, University of Wisconsin, Milwaukee, Longtime, Longtime Wisconsin Republican, New, “ Republicans Locations: Superior , Wisconsin, Wisconsin, Minnesota, Lake Superior, — Wisconsin, Michigan, Pennsylvania, Duluth , Minnesota, Superior, Duluth, Milwaukee, Dane County, Madison, Chicago, Longtime Wisconsin, Iowa, New Hampshire, Wis

MINNEAPOLIS (AP) — Democratic Rep. Dean Phillips, who is running for president and challenging Joe Biden in the primary, announced Friday he will not seek reelection to Congress in 2024. Before Phillips won the seat as a Democrat in 2018, the area had a history of electing Republicans to the U.S. House. In October, Phillips became the first elected Democrat to challenge Biden for the nomination. Phillips is one of the wealthiest members of Congress and heir to his stepfather’s Phillips Distilling Company empire, which holds major vodka and schnapps brands. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on under-covered issues.

Persons: Dean Phillips, Joe Biden, Phillips, Biden, Tim Walz —, Ken Martin, Biden’s, ” Martin, Martin, Anna Mathews, Joe Biden’s, Talenti, Pauline Phillips, “, Abby, ” ___ Trisha Ahmed, @TrishaAhmed15 Organizations: — Democratic, Trump, Minnesota Gov, Biden, Minnesota Democrats, Democratic National Committee, reelecting, Republican Party of Minnesota, Associated Press, GOP, Congressional District, Republicans, U.S . House, America Statehouse News Initiative, America Locations: MINNEAPOLIS, Minnesota, Minnesota's, Minneapolis

Over the past year, Biden has signed multiple executive orders aimed at shoring up access to abortion rights, including the ability to access abortion pills or travel out of states that have banned the procedures. Biden's campaign manager Julie Chavez Rodriguez said the organizing power of the three abortion rights groups was essential to Democrats' strong performance in the 2022 midterms and will be again. The June 24, 2022, Dobbs decision struck down the 1972 Roe v. Wade ruling that had largely protected abortion rights in the U.S. Strategists in both parties have attributed Democratic strength in 2022, in part, to higher support from people who back abortion rights. The biggest expansions of abortion rights over the past year occurred in states, including Michigan and Minnesota, where Democrats control both the legislature and the governor's office.

Persons: Joe Biden, Evelyn Hockstein WASHINGTON, Biden, Kamala Harris, Ron DeSantis, Mike Pence, Julie Chavez Rodriguez, MAGA, Harris, Donald Trump's, Ronna McDaniel, McDaniel, Dobbs, Roe, Wade, Nandita Bose, Steve Holland, Gram Slattery, Trevor Hunnicutt, David Gregorio Our Organizations: Mayflower, REUTERS, NARAL, Republican, Florida, Faith &, Coalition, MAGA Republicans, reelecting, Republicans, Democratic, Reuters, Thomson Locations: Washington , U.S, U.S, Michigan, Minnesota, Washington

☆ Chevron shareholders reject proposals on climate at annual general meeting
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: 1 min

HOUSTON, May 31 (Reuters) - Oil major Chevron Corp's (CVX.N) shareholders overwhelmingly voted against proposals on climate, including emissions. About 90.4% of preliminary votes cast were against a proposal to set a medium-term scope 3 greenhouse gas emissions reduction target. Shareholder voted in favor of reelecting all directors to the board at the annual general meeting. Reporting by Arathy Somasekhar in Houston and Sourasis Bose in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Arathy Somasekhar, Sourasis Bose Organizations: HOUSTON, Chevron, Thomson Locations: Houston, Bengaluru

☆ Biden's campaign is making an early push to compete in swing-state North Carolina and GOP-trending Florida in 2024, report says
▼ + stars: | 2023-05-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The Biden campaign is aiming for the president to compete in North Carolina and Florida in 2024, per the Washington Post. However, despite the statement from the GOP, North Carolina has a two-term Democratic governor, Roy Cooper, and remains competitive for the party on the statewide level. Newly-elected Florida Democratic Party chair Nikki Fried, a former state agriculture commissioner, is working to reverse the party's slide as it heads into next year's races. "North Carolina is the fullback of presidential politics. "But it's critical for Democrats to keep it close because Republicans have to expend extraordinary resources and time making sure they win North Carolina," he added.

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ As Election Day approaches, Democrats warn that Social Security and Medicare are at stake
▼ + stars: | 2022-11-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

He also pointed to impending risks to Social Security based on plans floated by certain Republican lawmakers, namely Sens. What's more, it would mean letting two of the most important laws that established Social Security and Medicare expire, he said. It is unclear what his opponent Kean's stance is on Social Security and Medicare. While that's in keeping with years past, the difference this year is Social Security has been more of a front-burner issue. "Usually, it's a lot of lip service to Social Security and how they think it's a great program."

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