Money

Disney sues Florida governor Ron DeSantis

Published

1 year ago

April 27, 2023

ticker NEWS

The lawsuit came after state officials voided a development deal involving Walt Disney World

Disney has sued Florida Republican Governor Ron DeSantis, intensifying a battle between a global entertainment giant and a likely White House contender.

The two sides have been fighting since Disney criticised a state law banning discussion of sexual orientation or gender identity in primary schools.

The lawsuit came after state officials voided a development deal involving Walt Disney World.

Disney says DeSantis’ has control over its operations, threatens its business and violates its constitutional rights.

It asked the court to undo the moves.

DeSantis is currently on a round-the-world tour and has previously cast the state’s moves as efforts to remove special perks for a company that were no longer in the public interest.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending