Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Instagram Outage Disrupts Thousands of U.S. Users 
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.
