COVID-19

Disney reopenings in doubt after COVID-19 cases spike

Nova Safo Jun 25, 2020
Heard on: Marketplace Morning Report
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The Disneyland reopening in California, planned for mid-July, has been delayed for now. David McNew/Getty Images
COVID-19

Disney reopenings in doubt after COVID-19 cases spike

Nova Safo Jun 25, 2020
The Disneyland reopening in California, planned for mid-July, has been delayed for now. David McNew/Getty Images
HTML EMBED:
COPY

With new COVID-19 cases spiking, especially in Southern and Western states, what to do about reopenings?

California in the West and Florida in the South are hot spots — right where Disney has its theme parks and was planning a midsummer restart. Now, that’s in question.

Disney has already reopened some theme parks in Asia, but the U.S. is proving to be more tricky amid a resurgence of coronavirus cases likely tracing back to Memorial Day when many states began loosening restrictions.

In Florida, where more than 109,000 cases have been reported, capacity is already thinning for hospital intensive care units, even as Disney goes forward with plans to reopen its massive theme park there next month.

A workers’ petition online is calling for the company to reconsider.

In California, unions representing Disneyland employees — some 17,000 of them — are also balking at reopening plans.

There, Disney has announced it will postpone a planned mid-July reopening, citing delays in getting guidelines from state officials.

California is in the midst of an alarming rise in cases — a record spike came Tuesday, bringing the state total to more than 190,000.

Shuttered theme parks have already cost disney more than a billion dollars in profits.

COVID-19 Economy FAQs

What’s the latest on the extra COVID-19 unemployment benefits?

As of now, those $600-a-week payments will stop at the end of July. For many, unemployment payments have been a lifeline, but one that is about to end, if nothing changes. The debate over whether or not to extend these benefits continues among lawmakers.

With a spike in the number of COVID-19 cases, are restaurants and bars shutting back down?

The latest jobs report shows that 4.8 million Americans went back to work in June. More than 30% of those job gains were from bars and restaurants. But those industries are in trouble again. For example, because of the steep rise in COVID-19 cases in Texas, Gov. Greg Abbott, a Republican, increased restrictions on restaurant capacities and closed bars. It’s created a logistical nightmare.

Which businesses got Paycheck Protection Program loans?

The numbers are in — well, at least in part. The federal government has released the names of companies that received loans of $150,000 or more through the Paycheck Protection Program.

Some of the companies people are surprised got loans include Kanye West’s fashion line, Yeezy, TGI Fridays and P.F. Chang’s. The companies you might not recognize, particularly some smaller businesses, were able to hire back staff or partially reopen thanks to the loans.

You can find answers to more questions on unemployment benefits and COVID-19 here.

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