Tag Archives: parks

Disney lays out key ‘levers’ to combat recession impact as theme parks weaken

Disney lays out key ‘levers’ to combat recession impact as theme parks weaken

Disney (DIS) laid out key levers it can pull to help battle a potential recession — as the media giant’s theme parks business showed signs of weakness in the fourth quarter. On the earnings call following the disappointing results, Disney CFO Christine McCarthy noted that the company has tools, both new and old, that it can utilize to keep its parks business afloat should consumers pull back spending. According to the executive, one tool includes discounting — something that McCarthy noted… Source link

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Blackstone Agrees to Buy PS Business Parks for $7.6 Billion

Blackstone Agrees to Buy PS Business Parks for $7.6 Billion

(Bloomberg) — Blackstone Inc. agreed to buy PS Business Parks Inc. for about $7.6 billion, expanding its bets on real estate across the U.S. Most Read from Bloomberg Affiliates of Blackstone Real Estate will buy Glendale, California-based PSB for $187.50 a share in cash, according to a statement Monday. The price is roughly a 12% premium to PSB’s closing price on Friday. Under the deal, Blackstone agreed to take over approximately 27 million square feet of industrial and office properties,… Source link

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Masks Mandated in National Parks; Boosters Planned: Virus Update

(Bloomberg) — The U.S. government is poised to being offering booster shots as soon as next month, with the country facing a renewed wave of infections fueled by the highly transmissible delta variant. New Zealand, which has run a successful Covid elimination strategy, will enter a lockdown after reporting its first community transmission since February. Switzerland recorded its biggest jump in infections in months, and the government has redoubled efforts to get more people vaccinated…. Source link

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Wall Street to eye Disney+ growth and parks business during recovery

Benzinga The Pandemic Changed Our Money Habits — Here’s Exactly How By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. For others, spending changes were less about job loss and more about restrictions around what they could spend their money on. A recent Personal Capital survey examined spending during the pandemic. It looked closely at how people’s… Source link

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Google Promotes Usage Of Google Maps During National Parks Week

Google Maps is promoting its features in timing with National Parks Week. Lydia Kluge In timing with National Parks Week (April 17-25), Google is promoting how Google Maps can be applied toward visiting U.S. national parks.   In late March 2021, the tech giant unveiled new updates to this program, which included more than 100 AI-powered improvements with Google Maps technology and advancements more up-to-date in real-time.  Among other features, the new updates relate to… Source link

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More parks, housing? Google, San Jose to release agreement

In exchange for building a mega campus in downtown San Jose, Google promised to support the community. On March 8, the city will reveal exactly what that means when an agreement months in the making becomes public. But will the agreement live up to its stated objectives—protecting residents, businesses and open space from the impact of 20,000 new Googlers working in the city? “We want to make sure that the entire area is fabulous,” said Shiloh Ballard, executive director of the… Source link

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