Disney shares drop as company delays reopening of California Disneyland | Malay Mail

📆 6/27/2020 6:15 AM
📰 malaymail

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

FLORIDA, June 26 ― Shares of Walt Disney Co dropped 1.8 per cent yesterday after the media company delayed the reopening of theme parks and resort hotels in California, following a surge in Covid-19 cases in the state. The reopening of Disneyland Park and Disney California Adventure Park that was...

Friday, 26 Jun 2020 07:25 AM MYT

The reopening of Disneyland Park and Disney California Adventure Park that was earlier scheduled for July 17 will be delayed until Disneyland receives an approval from state officials, the company said. Last month, Disney estimated global lockdown measures aimed at fighting the spread of the contagion slashed its profit by US$1.4 billion , mostly from its shuttered theme parks.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US labour market, economy struggle despite reopening of businesses | Malay MailWASHINGTON, June 26 ― The number of Americans filing claims for unemployment benefits fell moderately last week as a second wave of layoffs partially offset hiring by businesses reopening, suggesting the labour market could take years to recover from the Covid-19 pandemic. Other data yesterday...
Source: malaymail - 🏆 1. / 86 Read more »