Bob Iger to Ron DeSantis: Does Florida want our jobs and taxes or not? | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Disney CEO Bob Iger said Florida Governor Ron DeSantis’ attacks on the company threaten its plans for $17 billion of investment and 13,000 new jobs at Disney World over the next 10 years

. In comments Wednesday during a call with investors, Iger defended Disney as Florida attempts to wrest control of powers granted to a special taxing district overseeing Disney World’s zoning decisions. Disney and Florida are locked in a legal battle. Iger did not mention DeSantis by name or explicitly say Disney is reconsidering its planned investment.

Disney has for decades controlled a special taxing district that had the right to make zoning decisions in and around Disney World. The state attempted to give state appointees control of the board, but the Disney-appointed board preempted the state by giving Disney control of the powers traditionally granted to the district for decades to come.

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:

 /  🏆 4. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines