Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract 
Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch 
SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth 
Volkswagen Cuts 2026 Revenue Outlook as China Weakness, Trade Risks Weigh 
Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call 
Scandinavian Tobacco Group Sells BREAK and Moro Brands to Japan Tobacco for €176 Million 
IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness 
GE Vernova Q2 Revenue Tops Estimates as Earnings Miss, Shares Slide Despite Higher 2026 Outlook 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Alaska Air Q3 Outlook Misses Estimates as Higher Fuel Costs Weigh on Profit Forecast 
AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform 
Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S. 
Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad 
Australia ASIC Tightens Auditor Oversight After KPMG Leak Scandal 
Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook 
OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails 
Disneyland closed its doors after lockdowns have been ordered due to the COVID-19 pandemic. It has been a year already since the Disney parks have suspended their operations, and CEO Bob Chapek finally announced its reopening date.
Disney parks to open its gates again
Disneyland revealed its plans to reopen, and this was decided after the safety guidelines in California have been revised. Then again, it was emphasized that while the parks will be open to the public, it will only be accepting a limited number of visitors as part of the safety protocols.
Two of Disneyland theme parks in California were confirmed to open on April 30. Initially, these parks will start operating at around 15% capacity only.
“We’ve seen the enthusiasm, the craving for people to return to our parks around the world,” Disneyland chief Chapek told CNBC via an interview with Julia Boorstin. “We’ve been operating at Walt Disney World for about nine months, and there certainly is no shortage of demand.”
Chapek added that after the people were vaccinated, they are becoming more confident and feeling more secured to travel now. To assure the visitors that they will be safe while inside the Disneyland parks, the CEO said, “Consumers trust Disney to do the right thing and we’ve certainly proven that we can open responsibly whether it’s temperature checks, masks, social distancing, [or] improved hygiene around the parks.”
Workers to return to their job posts
The shutdown of the Disney parks in late March last year led to massive job cuts. Thousands of workers lost their jobs, and it also slashed the company’s revenues by multiple billion dollars.
Now, with the plans to re-open, it was reported that more than 10,000 furloughed workers will be called back and have their jobs again. They will be retrained for the safety measures around the park before the big opening day on April 30, as per the NBC Los Angeles News.
Surely, the move to re-open the Disneyland parks will be applauded by thousands of workers who lost their source of income when the pandemic hit the world. The public can start revisiting the famous parks in Orange County. Disney hotels and restaurants will also open bit by bit.
