Disney World ticket prices expected to rise to over $100

It looks like Walt Disney World ticket prices will break the $100 barrier, possibly as soon as this weekend.

Some employees say Disney management has told them one-day ticket prices will rise to $105 for the Magic Kingdom and $99 for the three other resort parks.

Disney has not confirmed the price increases. A Disney spokeswoman had no comment.

Currently one-day tickets to the Magic Kingdom cost $99 before tax. The other parks cost $94.

The blog Theme Park Insider says it expects the ticket prices to rise Sunday.

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Regulators challenge sale of US Foods to Sysco

Antitrust regulators are challenging the $3.5 billion sale of US Foods to Sysco, saying the deal would hurt customers by reducing competition between food supply companies.

Sysco Corp. agreed to buy US Foods in December 2013, saying they would create a company with $65 billion in annual revenue. But they can’t complete the deal without approval from the Federal Trade Commission.

The FTC said Thursday a complaint was filed to block the deal, saying Sysco and US Foods are by far the largest companies in their industry and would have a “dominant” position in the marketplace. The agency said the combined company would likely lead to higher prices for customers like restaurants, hospitals, hotels and schools.

Cigarette maker partners up to make cessation products

Cigarette maker Reynolds American Inc. is partnering with pharmaceutical consultancy to develop products that help people stop smoking.

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The agreement between the nation’s second-biggest tobacco company and Pinney Associates was announced Thursday.

A unit of Reynolds American, based in Winston-Salem, North Carolina, will partner with a Pinney affiliate to develop nicotine gum and other products. Reynolds is also currently expanding its nicotine gum, Zonnic, nationally. Maryland-based Pinney Associates has done extensive work for GlaxoSmithKline, the leading seller of nicotine gums, patches and other products that help people stop smoking.

Initial jobless claims fall back below healthy level

Initial jobless claims declined more than expected last week, falling back below the 300,000 level that indicates a healthy labor market.

About 283,000 people filed for first-time unemployment benefits, down from 304,000 the previous week, the Labor Department said Thursday.

The drop was more than forecast by economists, who expected 290,000 initial claims.

The weekly figure can be volatile but it is a key indicator of the state of the labor market.

Claims had been running below 300,000 for most of the fourth quarter of last year before bumping up a bit to start 2015.

– From news service reports


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