Home

Disney says it has $40 billion economic impact in Florida as it battles DeSantis in court

Published Fri, 07 Feb 2025 12:16:33 GMT

ORLANDO, Fla. (AP) — Disney on Tuesday released a study showing its economic impact in Florida at $40.3 billion as it battles Florida Gov. Ron DeSantis and his appointees over their takeover of the district that governs the entertainment company’s massive resort in central Florida.Disney accounted for 263,000 jobs in Florida, more than three times the actual workforce at Walt Disney World, according to the study conducted by Oxford Economics and commissioned by Disney, covering fiscal year 2022. The study attributed its multibillion-dollar impact to its supply chain and employees’ spending.The jobs include Disney employees as well as jobs supported by visitor spending off Disney World property. In central Florida, Disney directly accounts for 1 in 8 jobs, and for every direct job at Disney World, another 1.7 jobs are supported across Florida, Oxford Economics said.The time period in the study is before the takeover earlier this year of Disney World’s governing district b...

AWS digital sovereignty pledge: A new, independent sovereign cloud in Europe

Published Fri, 07 Feb 2025 12:16:33 GMT

From day one, Amazon Web Services (AWS) has believed it is essential that customers have control over their data, and choices for how they secure and manage that data in the cloud. Last year, we introduced the AWS Digital Sovereignty Pledge, our commitment to offering AWS customers the most advanced set of sovereignty controls and features available in the cloud.AWS offers the largest and most comprehensive cloud infrastructure globally. Our approach from the beginning has been to make AWS sovereign-by-design. We built data protection features and controls in the AWS cloud with input from financial services, health care and government customers — who are among the most security- and data privacy-conscious organizations in the world. This has led to innovations like the AWS Nitro System, which powers all our modern Amazon Elastic Compute Cloud (Amazon EC2) instances and provides a strong physical and logical security boundary to enforce access restrictions so that...

Biden seeks to calm relationship with Xi amid global crises

Published Fri, 07 Feb 2025 12:16:33 GMT

President Joe Biden, beset by conflicts around the world, is seeking to steady his fraught relationship with Chinese President Xi Jinping so the White House can instead focus its energy on Israel, Ukraine and the upcoming reelection campaign, according to three senior administration officials.The two will hold their high-stakes meeting Wednesday — their first face-to-face meeting in a year, and likely their last before the U.S. presidential election — amid a growing threat of military conflict between the world’s two largest economies and a deepening mistrust that has pushed relations to their lowest point in a half century.Adding to the tension: Biden is expected to press Xi on China’s ties with Iran, including how the Chinese leader can use his influence with Tehran to prevent Iran and its proxies from turning the Israel-Hamas war into a wider regional conflict, according to the officials, who were granted anonymity to discuss international deliberation and strategy.“Bot...

Dow soars over 500 points as new data shows inflation continues to cool

Published Fri, 07 Feb 2025 12:16:33 GMT

New York (CNN) — Stocks climbed on Tuesday as Wall Street cheered the inflation cooldown in the latest economic data for October.The Dow rose 518 points, or 1.5%. The S&P 500 gained 2%, on pace for its best day since January. The Nasdaq Composite added 2.3%, on track for its best day since April.The Consumer Price Index rose 3.2% for the 12 months ended in October. That’s down from 3.7% the prior month, according to fresh data from the Bureau of Labor Statistics. Economists had predicted a 0.1% monthly increase and a 3.3% annual gain, according to Refinitiv estimates.Core CPI, which excludes the volatile food and energy categories, rose 0.2% on a month-over-month basis. That brings the annual increase to 4%, the lowest annual increase since September 2021.Treasury yields slipped following the report. The yield on the 10-year Treasury note was last trading at 4.46%.The October Producer Price index, retail sales and building permits and housing starts data are ...

Boston Bows Out Of Running For Fossil Fuel-Free Program

Published Fri, 07 Feb 2025 12:16:33 GMT

Northampton or Somerville will take the final spot in a pilot program allowing a limited number of cities and towns to restrict fossil fuels in construction after a pair of other cities — including the state’s capital — opted to drop out of the running.As many as four communities had once been in the mix to fill a single open slot in the program, but only Northampton and Somerville submitted official applications by the Friday deadline, according to the state Department of Energy Resources.That means that neither Salem nor Boston will join the 10-municipality pilot program, despite each city previously approving a home rule petition seeking state permission to curb the use of fossil fuels locally.It’s an about-face for Boston Mayor Michelle Wu, who as recently as July 31 said her city was still hoping to join the program and needed state support to achieve Boston’s full climate goals.Wu told the Boston Globe she decided not to submit...

Senate ditches overflow site for migrants, homeless families ahead of Tuesday vote

Published Fri, 07 Feb 2025 12:16:33 GMT

Senate lawmakers plan to take up a spending bill Tuesday that would steer $250 million to help an overburdened shelter system for homeless families and migrants but does not include a provision requiring an overflow site for waitlisted families.The chamber’s budget writing committee released a $2.8 billion supplemental budget Monday that closes out the books on fiscal year 2023, shuttles money to the shelter system, and sets aside land for a soccer stadium in Everett.But it does not feature a House-backed idea that would direct the Healey administration to use $50 million to set up an overflow site for families who are placed on a waitlist for emergency shelter while the system is at capacity.The bill gives the Healey administration “the flexibility it needs to continue managing thousands of families seeking shelter in the state, as the state continues to look to the federal government for help,” a spokesperson for Senate President Karen Spilka said.“The funding allocation reflects ...

Palestinians call for evacuating Gaza’s largest hospital as Israel and Hamas battle just outside

Published Fri, 07 Feb 2025 12:16:33 GMT

By WAFAA SHURAFA and SAMY MAGDY (Associated Press)KHAN YOUNIS, Gaza Strip (AP) — Palestinian authorities on Tuesday called for a cease-fire to evacuate three dozen newborns and other patients trapped inside Gaza’s biggest hospital as Israeli forces battle Hamas in the streets just outside and seize more ground across northern Gaza.For days, the Israeli army has encircled Shifa Hospital, determined to seize the facility it says Hamas hides in, and beneath, to use civilians as shields for its main command base.Hospital staff and Hamas deny the claim. Meanwhile, hundreds of patients, staff and displaced people are trapped inside, with supplies dwindling and without electricity to run incubators and other life-saving equipment. With refrigeration out for days, staff on Tuesday were digging a mass grave in the yard for more than 120 bodies in the morgue, health officials said. Hamas has been designated as a terrorist organization by the United States, Canada and the European Union.Six we...

Cal State trade workers go on one-day strike amid contract negotiations

Published Fri, 07 Feb 2025 12:16:33 GMT

SAN DIEGO — More than 1,000 trade workers at California State University campuses, including CSU San Marcos and San Diego State, walked off the job on Tuesday in a one-day strike amid stalled negotiations over a new contract.Members of Teamsters Local 2010 — the union that represents skilled trade employees like electricians, mechanics and facilities workers at CSU schools — voted to initiate the strike at 22 campuses in October after going nearly nine months without an updated contract."After months of bad faith bargaining, stalled negotiations, and clear violations of state law by the CSU, our members have had enough and are taking to the picket line to strike," Jason Rabinowitz, Secretary-Treasurer of Teamsters Local 2010, said in a release on Nov. 6. "We're ready to demonstrate the strength of our solidarity and to fight for the fair contract we deserve."Lagging salaries and restoring "steps" have long been an issue for CSU workers, with the union arguing that current structures...

Dutch government shelves plans to reduce flights from Amsterdam’s busy Schiphol Airport

Published Fri, 07 Feb 2025 12:16:33 GMT

THE HAGUE, Netherlands (AP) — The Dutch government said Tuesday it has abandoned, for now, plans to rein in flights at Amsterdam’s busy Schiphol Airport following protests from countries including the United States and warnings that the move could breach European law and aviation agreements.The government last year announced plans to reduce the number of flights from 500,000 per year to 460,000 at Schiphol, one of Europe’s busiest aviation hubs.In a letter to lawmakers Minister for Infrastructure and Water Mark Harbers said the plan was being shelved “until further notice” and at least pending a decision by the country’s Supreme Court. The court is considering the government’s appeal against a lower court’s decision in May that blocked plans to reduce the number of flights. The Supreme Court ruling is expected in the second quarter of 2024.Schiphol said in a statement it was “disappointed by the recent developments, as local residents are getting the sh...

Former Arizona Corrections director pleads no contest in armed standoff with officers at his home

Published Fri, 07 Feb 2025 12:16:33 GMT

PHOENIX (AP) — Former Arizona Corrections Director Charles Ryan has pleaded no contest Tuesday to a disorderly conduct charge for an encounter in which police say he fired a gun inside his Tempe home in early 2022 and pointed a firearm at two officers during a three-hour standoff. The maximum sentence Ryan, who retired as corrections director in September 2019, could receive is two years in prison. Ryan’s trial on charges of unlawful discharge of a firearm and disorderly conduct had been scheduled for Nov. 20.Police were called to the house on Jan. 6, 2022, on a report that Ryan had shot himself in the hand. It was later revealed by police that the hand injury was caused by a less-than-lethal projectile shot by police after Ryan pointed a handgun at officers. They say the projectile was found during surgery.The Associated Press