Disney cancels $1 billion Florida campus amid political feud.

Walt Disney has cancelled its $1bn project to move jobs from California to Florida, which would have brought 2,000 jobs to the region. The move comes amid an ongoing legal battle with Florida Governor Ron DeSantis, who signed a bill in February aimed at taking control of the district that houses Disney's theme parks. Disney is one of the largest employers in Florida and a significant contributor to the tourism economy, with a 2019 study showing it contributes $75bn annually. A further pullback on spending would have significant consequences for the local economy.