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The billionaire Ken Griffin bought a historic Miami property for about $107 million in September. A Citadel representative, Zia Ahmed, told the Journal that if Griffin were to move the house, "the utmost care and every precaution" would be taken. To Varas, the idea of moving the property to another piece of land was tantamount to "redacting history." Coconut Grove, the neighborhood in Miami where Griffin purchased a $107 million estate. Preservationists told the Journal that the home was a testament to the grand-estate days of Miami's early history when Coconut Grove experienced an economic boom.
Disney will sue Florida for dissolving its self-governing status, predicted Democratic state Sen. Jason Pizzo. Florida lawmakers are deciding Disney's financial fate this week. Ron DeSantis will be to simply run out the clock, a top Florida Democrat predicted Monday. Other areas state lawmakers will consider would allow Florida to transport migrants from other states and to give the state more power to prosecute election fraud. Today, more than 40 lobbyists represent Disney before the Florida legislature, according to an Insider review of lobbying disclosures.
Wells Fargo on Tuesday said it expects Walt Disney (DIS) to "come out swinging" when the entertainment conglomerate reports fiscal first-quarter results early next month. At the Club, we're slightly more cautious and will be looking closely for a detailed turnaround plan from CEO Bob Iger. We like this setup into the print," Wells Fargo analysts wrote in a research note. Like other investors — including the Club — Trian has expressed frustration over Disney's streaming losses, overspending and a share price decline of more than 44% last year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
For non-Florida residents who want to visit Disney World, purchasing a vacation package is cost-effective, travel agent Shannon Devine told Insider. For non-Florida residents, purchasing a Disney World vacation package is cost-effective, Shannon Devine, an independent travel agent with Academy Travel who specializes in planning Disney family vacations told Insider. A view of Disney's Grand Floridian Resort main entrance at Walt Disney World. Disney Tsum Tsums or smaller stuffed animals are at Walmart or Target for a fraction of Disney parks' costs. For an estimate of Disney trip costs, visit the Disney World Coast Calculator.
Disney World announced price increases starting in December that will vary based on the day and park. Disney World announced new single-day prices on Wednesday for its four different parks, beginning December 8. This is the second time this year that Disney has raised prices associated with its parks. The service cost $15 at Disney World and $20 at Disneyland. In October, the price increased to between $15 and $22 at Disney World, and to $25 at Disneyland.
The Valuable 500, a business coalition, released its list of the top 10 most accessible cities in the world. Over 95% of pedestrian walkways, taxi stands and bus shelters in Singapore are also accessible to wheelchair users, seniors or other individuals with disabilities. United StatesLas Vegas The "sheer number" of accessible hotel rooms in Las Vegas makes the city a stand-out choice for travel. Orlando Orlando is well known for being home to iconic theme parks such as Walt Disney World, SeaWorld and Universal Studios Florida. Amsterdam is one of the most bike-friendly cities in the world, with an extensive network of bike lanes.
A New York City fugitive who had been on the run for almost a year was vacationing at Disney World's Animal Kingdom Theme Park when he was spotted by an officer who recognized him, according to court documents. Jeff Andre, a federal officer with the United States Postal Inspection Service, was on vacation Oct. 20 at the Florida theme park when he happened to spot Quashon Burton. Officers approached Burton after he left the Orlando area theme park, where he gave them a false name and resisted arrest. "Perhaps the most concerning factor here is the defendant’s persistent use of false identities and his demonstrated ability to evade law enforcement," wrote United States Attorney Damian Williams. Burton will remain in custody pending trial in the Southern District of New York, according to an order from United States District Judge Lewis A. Kaplan.
Two holders of Disney World annual passes have sued Walt Disney Parks and Resorts. Disney changed the park entry system at Disney World in Florida to control capacity at the start of the pandemic. A tourist looks at a park map during the Flower and Garden Festival at Epcot at Walt Disney World in Orange County, Florida on May 30, 2022. "Disney's conduct is a predatory business practice, aimed at exploiting the customers who support it the most, its annual pass holders," it adds. Disney scrapped the Platinum Plus, Platinum, Gold, and Silver Passes in September 2021, replacing them with four new tiers of passes.
Cristie Anne Cabrera's family home in Golden Oak was built to resemble Belle's cottage in Disney's "Beauty and the Beast." My husband and I live about three and a half hours away in Miami, but Golden Oak is our home away from home. What is Disney's Golden Oak? Disney's Golden Oak is a gated property of luxury, single-family homes, just four miles from Disney's Magic Kingdom Park. Photo: Cristie Anne CabreraOne thing that all the Golden Oak homes have in common are the tiny Disney-themed details.
Walt Disney has raised the price of tickets to its California theme parks. Disney, like the rest of the US, is battling surging inflation amid the Russian war in Ukraine. Single-park tickets for Disney's Anaheim parks now range from $104 to $179, up from $104 to $164, Deadline first reported. Tier one passes rose from $104 to $115 while tier two tickets saw a 10-dollar increase from $119 to $129. Disney has also raised the price of some of the food and drink at its parks.
As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast's Universal Studios are preparing to close their Orlando-based theme parks for at least two days. Disney announced Tuesday that Animal Kingdom, Hollywood Studios, Epcot and Magic Kingdom would be shuttered Wednesday and Thursday. According to the National Hurricane Center, the storm is headed toward Tampa and will likely pass over central Florida, where the Disney and Universal parks are located. This is not the first time in Walt Disney World's 50-year history that it has closed due to hurricanes. Most recently, in September 2019, the parks briefly closed due to the forecast path of Hurricane Dorian.
Disney World's Victoria & Albert's restaurant has significantly hiked prices since reopening in July. The tasting menu at the restaurant's Chef's Table experience costs $425, plus $200 for wine. Victoria & Albert's is located in the Disney Grand Floridian Resort and is one of the most upmarket Disney restaurants. The restaurant offers three dining experiences, The Dining Room, the Chef's Table, and the Queen Victoria Room. The Chef's Table tasting menu, which cost $350 per person before the pandemic, now costs $425 per person, per the Disney Food blog.
Disney CEO, Bob Chapek, said Disney was a "lightning rod for clicks" amid its long-running dispute with Florida's Governor Ron DeSantis. Disney has been involved in a dispute with DeSantis over Florida's "Don't Say Gay" education bill. Chapek said he "stood firm" against political attacks on Disney, though didn't directly reference DeSantis. Disney has been involved in a public dispute with DeSantis over Florida's controversial "Don't Say Gay" bill, which bans teachers from encouraging "classroom discussion about sexual orientation or gender identity in primary grade levels." Representatives for Disney did not immediately respond to Insider's request for further comment, which was made outside normal working hours.
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