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Disney vows to help repeal Florida’s “Don’t Say Gay” bill

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The Walt Disney Company said that it would help repeal Florida’s “Don’t Say Gay” bill on Monday

On the same day the Florida Governer signed the bull into law, Disney issues a statement vowing to help repeal the controversial legislation.

The world’s largest entertainment company says the “Don’t Say Gay’ bill, should never have passed and should never have been signed into law”

Marchers wave flags as they walk at the St. Pete Pier during a rally and march to protest against a bill dubbed by opponents as the “Don’t Say Gay” bill Saturday, March 12, 2022, in St. Petersburg, Fla. Florida lawmakers have passed the bill, which forbids instruction on sexual orientation and gender identity in kindergarten through third grade. It now moves to the desk of Republican Gov. Ron DeSantis, who is expected to sign it into law. (Martha Asencio-Rhine/Tampa Bay Times via AP)

The controversial bill largely forbids instruction on sexuality and gender identity in most elementary school classrooms.

Disney says “Our goal as a company is for this law to be repealed by the legislature or struck down in the courts”

LAKE BUENA VISTA, FL – JULY 11: In this handout photo provided by Walt Disney World Resort, Disney cast members welcome guests to Magic Kingdom Park at Walt Disney World Resort on July 11, 2020 in Lake Buena Vista, Florida. July 11, 2020 is the first day of the phased reopening. (Photo by Matt Stroshane/Walt Disney World Resort via Getty Images)

For the past few weeks, Disney has been slammed for its initial reluctance to condemn the anti-LGBTQ legislation.

Disney is one of Florida’s largest employers and cast members were outraged by CEO Bob Chapek’s initial ‘neutral’ stance on the bill.

The statement posted on Monday says Disney is “dedicated to standing up for the rights and safety of LGBTQ+ members of the Disney family, as well as the LGBTQ+ community in Florida and across the country”

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Why the meme-stock frenzy is unlikely to repeat

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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

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Why are airlines after the Biden Administration?

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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

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The mounting pressure on Government spends

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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

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