Disney cancels $1 billion Florida development amid feud with Governor DeSantis.

Disney cancels its plans for a new $1 billion campus in Central Florida, citing "new leadership and changing business conditions" and forsaking the prospect of hundreds of millions of dollars in tax benefits. The company had planned to relocate 2,000 jobs - mostly from California - to a sprawling office complex near Orlando International Airport. The decision marks a striking reversal, as the company had planned to take advantage of roughly $570 million in tax breaks. Disney's feud with Florida Governor Ron DeSantis has stretched on for more than a year, with tensions reaching new heights after the company spoke out against the Parental Rights in Education bill, which banned classroom instruction of sexual orientation and gender in kindergarten through third grade.