Category: Business News

Gov. Ron DeSantis, widely expected to run for president next year, intensified his feud with Disney on Friday with a plan to take control of the governing board for the company’s sprawling Florida property—and make the entertainment giant assume $700 million in outstanding debt.

Walt Disney World has enjoyed the privileges of a special governing district, called Reedy Creek, since 1967.

“The corporate kingdom has come to an end,” said Taryn Fenske, communications director for the governor, in a statement. “Under the proposed legislation, Disney will no longer control its own government, will live under the same laws as everyone else, will be responsible for their outstanding debts, and will pay their fair share of taxes.”

A notice posted to the Osceola County website suggested the proposed legislation would leave almost no aspect

Morphe makeup, which rode the power of social media stars to rapid growth and a $2 billion valuation, said it’s planning to close all its US stores. 

Tesla stocks have continued to fall, declining 13% on Tuesday, a day after the electric auto maker reported vehicle production and delivery numbers for the fourth-quarter of 2022.

The surprise move end to Day One shows there is no easy way out for McCarthy whose effort to claim the gavel collapsed to opposition from conservatives. Needing 218 votes in the full House, McCarthy got just 203 in two rounds — less even than Democrat Hakeem Jeffries in the GOP-controlled chamber. A third ballot was even worse, with McCarthy losing 20 votes as night fell on the new House GOP majority, tensions rising as all other business came to a halt.

The House agreed to return at noon Wednesday.

McCarthy had pledged a “battle on the floor” for as long as it took to overcome right-flank fellow Republicans

But with many regions of the country being impacted by the worsening fallout from climate change, non-renewal of homeowners insurance policies is becoming more commonplace. And there are other reasons your home insurance could unexpectedly be canceled as well—including lapses in payment or even misrepresentation of information. 

When this happens, it can (understandably) cause panic. But this dilemma can be solved if you know the critical next steps to take.

Different types of terminations

There are many different reasons why an insurer might terminate your policy or decline renewal. The good news is that in some cases you may be able to rectify the issue and resume coverage. However, that’s not always a possibility, and you