Investing and Global Finance News

Category Archives: Economy

Disneyland Characters Vote to Unionize

At Disneyland in Anaheim, California, the majority of cast members who work as characters, such as Mickey and Minnie Mouse, voted to unionize with the Actors’ Equity Association. On Saturday, these performers cast their ballots under the oversight of the National Labor Relations Board, with 953 voting in favor. This decision marked a significant victory for the workers, capturing a 79 percent majority and setting a new course for their professional landscape.

The Actors’ Equity Association, a prominent national labor union, represents over 51,000 actors and stage managers. The union emphasized that this vote surpassed the necessary threshold, heralding a new era of representation for the Disneyland cast members in forthcoming negotiations on critical issues like safety, scheduling, fair wages, and other workplace benefits.

Kate Shindle, President of the Actors’ Equity Association, encapsulated the sentiment of the day, stating, “They say that Disneyland is ‘the place where dreams come true,’ and for the Disney cast members who have worked to organize a union, their dream came true today.” She highlighted the essential role these workers play in crafting memorable experiences for park visitors, from the joyous hugs with beloved characters to the magical parade spectacles.

The unionization at Disneyland is part of a broader wave of organizing within the entertainment industry and beyond. Recent months have seen significant labor movements, such as the Writers Guild of America securing a new contract after a prolonged strike and mixed outcomes in union drives at Mercedes-Benz in Alabama and various facilities across the South.

This vote at Disneyland involved 1,700 workers who not only perform but also interact intimately with guests and train new performers, a cornerstone of the Disneyland experience. With the majority of the resort’s workforce already unionized, this move brings nearly all its workers under collective bargaining agreements, promising enhanced conditions for employees and enriched experiences for visitors.

If uncontested, the regional director of the National Labor Relations Board is expected to certify the election results within a week, solidifying a significant stride towards better work conditions and recognition for the individuals who make Disneyland truly magical. The implications of this decision extend beyond the gates of the park, resonating across sectors where workers seek a voice in their futures.

Pretzels – “Knot” Just a Snack

The simple pretzel, a savory and reliable snack option, has experienced a recent innovative shakeup. This phenomenon has led to a large projected growth of 1.59 billion USD from 2023-2028, according to Technavio. With companies like Campbell Soup Company introducing flavors like Beer Cheese Pretzel Pieces, melding rich, creamy tastes with the classic crunch of… Continue Reading

Founder of Bob’s Red Mill Passes Away at Age 94

Bob Moore, the esteemed founder of Bob’s Red Mill and a prominent figure in the natural foods industry, has died at the age of 94. Moore, who passed away peacefully at his home on Saturday, February 10, 2024, is celebrated for his indelible impact on the health food sector and his unwavering commitment to whole… Continue Reading

Concerns about Holiday Spending

The upcoming holiday season poses challenges for U.S. retailers in apparel, electronics, and home improvement sectors. Businesses are unsure if increased discounts will drive anticipated consumer spending. October’s sales figures indicated a slowdown in economic demand, leading to a mixed holiday outlook as retailers gear up for Christmas shopping. To entice consumers during Thanksgiving, retailers… Continue Reading

Flying Taxis on the Horizon

While flying taxis may seem like the wave of the far off future, the F.A.A recently published a report delineating a plan for an air taxi market by 2028. Though there are many obstacles to overcome in order to create a market for air taxis, the FAA is confident about their 2028 start date. Air… Continue Reading

Businesses Adopting Sustainability Model in 2023

A recent report from Aflac shows that 77% of 2023 consumers are more willing to buy from a company with a Corporate Social Responsibility (CSR) pledge. In 2023, businesses are incorporating sustainability into their models. Adopting a sustainable approach, though, may require large overhauls to the company’s operations. Top organizations are recognizing the importance of… Continue Reading

Food & Drink Looking Good for 2023

A recent study by Marcum LLP indicates that over two-thirds of executives in the food and beverage industry maintain a positive outlook for 2023. Executives in food manufacturers, eateries, distributors, retailers, and agriculturists were asked about the various issues facing their work and businesses. With close to 70% of respondents pointing to an increase in… Continue Reading

Moxion Power Batteries are on Set

Close to half of the carbon emissions of any movie are produced by the fuel used to power generators and transportation needs, according to the Sustainable Production Alliance. That is why movie sets are going green with cleaner energy batteries. Moxion Power technologies are replacing diesel generators on sets film and TV sets for creators… Continue Reading