Disney Dumps $1B Florida Project
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 19 May 2023
⏱️ 9 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for |
| 0:05.4 | investors every morning. Good morning. Today is Friday, May 19th, and I'm your |
| 0:10.1 | host Julie Morgan. A deal on the debt ceiling could be reached as soon as |
| 0:14.6 | this weekend. That sentiment coming from both sides of the aisle. Disney's |
| 0:19.8 | $1 billion Florida project has been scrapped. |
| 0:23.2 | This includes plans to bring 2,000 jobs to the state. |
| 0:27.3 | Coinbase launches a new subscription service. |
| 0:30.4 | The Zero Fee Trading Service will cost you 30 bucks a month. |
| 0:35.0 | Keep in mind if you hear something on the show that you want more information about, |
| 0:39.0 | you can find a link to the article in show notes, |
| 0:41.0 | as well as our Daily Seeking alpha Wall Street breakfast articles. |
| 0:45.9 | Our top stories. |
| 0:48.2 | House Speaker Kevin McCarthy said Thursday that negotiators could come to an agreement in principle to raise or |
| 0:54.2 | suspend the debt ceiling as soon as this weekend. This would allow the House to |
| 0:58.8 | vote on a bill next week. McCarthy told reporters at the Capitol, I can see now where a deal can come together. |
| 1:06.0 | That sentiment was echoed by the chair of the House Appropriations Committee and a Democratic |
| 1:10.8 | representative from Maryland. |
| 1:12.6 | The debate over the debt ceiling went nowhere for months |
| 1:15.6 | as Republicans wanted broad spending cuts and regulatory changes to accompany an |
| 1:20.8 | increase. |
| 1:21.8 | Democrats meanwhile wanted a clean increase. |
| 1:25.0 | Treasury Secretary Janet Yellen has estimated that the government is at risk of default |
... |
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