All posts tagged "Commerce"

Walt Disney World has increased prices on its theme park annual passes between $30 and $50, depending on the level. Disney also raised the parking fee at the parks from $25 to $30, matching the charge at Universal Orlando’s parking garage and at SeaWorld Orlando theme park. The top-line Incredi-Pass, which includes access to the four theme parks and has no blockout dates, now costs $1,449, according to Disney World’s website. That’s up from $1,399, an increase of 3.6%. The new price for the Sorcerer Pass, designed for Florida residents and some Disney Vacation Club members, is $999, up from $9......

A historic auto workers’ strike at three Midwestern factories entered its second day on Saturday with one major question looming over the U.S. economy: Will the work stoppage drive up car costs and fuel simmering inflation across other industries? Some 13,000 workers have walked off plants that build some of the most popular American-made cars. The targeted stoppage — the first time the United Auto Workers have launched a simultaneous strike against each of Detroit’s Big Three auto brands — is seen as likely to last and could expand to more plants. The strike is led by workers bitter that thei......

Federal regulators are warning residents not to use pregnancy, ovulation or any other tests manufactured by the lab recently found operating illegally in Fresno County. The U.S. Food and Drug Administration said in a news release that tests manufactured by Universal Meditech Inc., whose Reedley lab was discovered in recent weeks, may not be safe or effective. The company, whose owners live in China, informed federal authorities the lab is no longer operating or supporting its tests, the FDA said. The slew of different tests, the FDA said, have been sold online by four distributors: AC&C Distri......

California has appointed its first watchdog for gas price gouging. Gov. Gavin Newsom appointed Tai Milder on Wednesday to lead the state’s effort to hold gas companies accountable amid spiking fuel prices. Pending Senate confirmation, Milder will direct the newly-created independent Division of Petroleum Market Oversight, housed within the California Energy Commission. Milder is a former antitrust prosecutor at the U.S. Department of Justice. The division was created as part of Newsom’s plan to penalize Big Oil for California’s high gas prices. As part of a special legislative session, lawmake......

As he relentlessly accuses President Joe Biden and national Democrats of fueling rising costs and fiscal mismanagement, Florida Gov. Ron DeSantis is facing stubbornly high inflation in his own backyard. New data released this week show prices in the Miami-Fort Lauderdale-West Palm Beach metro area jumped 9% in the 12 months that ended in April In the Tampa-St. Pete-Clearwater area, the inflation rate hit 7.3% in the year that ended in May. The national average, according to the Consumer Price Index, now stands at 4%. The high cost of living in the Sunshine State opens up what DeSantis’ critics......

DETROIT — As the U.S. auto industry shows signs of continued strength, Ford Motor Co. on Thursday reported a nearly 10% increase in its second-quarter sales — notching its best Q2 sales results since before the COVID-19 pandemic. The Dearborn automaker sold 531,662 vehicles in the United States in the April-to-June period, up from 483,688 in the same period of 2022. It reported that its Ford brand was the best-selling brand in the country in the second quarter, with Blue Oval sales growing 11.2%. Ford truck sales were up 26.2% in the second quarter on sales of the redesigned Super Duty and imp......