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Saturday, April 27, 2024

CNBC NEWS: Disney Shanghai reopens, NBA pay changes

Credit: WMGT
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CNBC NEWS: Disney Shanghai reopens, NBA pay changes
CNBC NEWS: Disney Shanghai reopens, NBA pay changes

Disney reopens its Shanghai theme park which has been closed since January due to coronavirus outbreak.

Also, the NBA changes the way players are paid.

Dominic Chu reports.

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One theme park reopens...more earnings on the way...and what changes for nba players - all in the week ahead.

On monday, disney reopens its shanghai theme park, which has been closed since january due to the coronavirus outbreak.

Attendance is limited to 30% of the park's normal capacity and all of the 24 thousand tickets for monday have been sold.

The reopening will be closely watched, since it may give a clue of how things will look whenever disney's u-s parks resume operations.

The earnings parade continues.

Cisco, sony, autonation, underarmour are among the big names.

Plus we'll hear from marriott, which will shed light on how ugly results have been with travel halting around the world.

We'll also get a slew of economic data.

The latest inflation readings get released mid-week, with the april consumer & producer price index reports.

Plus we'll get a look at the bleak manufacturing environment.

The april industrial production report and the may empire state manufacturing survey both come out on friday.

Friday marks the first day nba players will see a cut in their pay.

25% of each player's paycheck will be withheld.

If a full season's games are eventually played, the money would be returned to the players.

Assuming a partial season,

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