Tag: Disney

Coronavirus: Disney heir and Ben & Jerry’s call for higher taxes

Image copyright Getty Images Image caption Abigail Disney (left), Jerry Greenfield and Richard Curtis are among the letter’s signatories Some of the world’s richest people have urged governments to raise taxes on the wealthy to help pay for measures aimed at tackling the coronavirus pandemic. A group of 83 millionaires called for “permanent” change in an open letter. “As Covid-19… Read more →

Disney suffers $1.4bn hit due to coronavirus

Image copyright Getty Images Image caption Disney’s Florida theme park has been shut since mid-March Walt Disney Co suffered a $1.4bn (£1.1bn) hit to profits in the first three months of the year, as it closed its parks, cancelled movie releases and reduced advertising sales. Every part of its business was affected by coronavirus, nearly wiping out profits for the… Read more →