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Dec 4, 2024, 05:31 PM UTC

Is Disney Channel Shutting Down? Yes, but not in the United States. Here's Where

Newsletter Dec 4, 2024 Welcome to your December 4 newsletter... Disney Channel is shutting down in several international markets but will continue operating in the United States. Will you be affected?




Newsletter Dec 4, 2024
Welcome to your December 4 newsletter...

Disney Channel is shutting down in several international markets but will continue operating in the United States. Will you be affected? Also, an AI startup CEO is defending his company's 84-hour workweek -all these and more in today's Money Making Moves: 

In the Fast Lane of Business...

> Disney Channel's closure in several countries has sparked concern among fans, though the network remains operational in the United States with no announced plans to shut down. The move reflects Disney's shift toward its streaming platform, Disney+, which offers greater flexibility and on-demand access to its content. Channels have already ceased operations in markets like Australia, the UK, and South Korea, with Spain and France set to follow in early 2025. While this marks the end of an era for traditional television, Disney ensures that content previously available on the channel remains accessible via its growing streaming platform.

> The CDC declared the E. coli outbreak linked to slivered onions in McDonald's Quarter Pounders over, with 104 cases in 14 states, including 27 hospitalizations and one death. McDonald's temporarily removed Quarter Pounders at some locations but reinstated them after the last reported illness on Oct. 21. The outbreak impacted McDonald's sales, with foot traffic to U.S. locations dropping by 6.6% year-over-year as of mid-November, prompting the company to invest over $100 million in marketing and franchisee support. To recover, McDonald's is reintroducing its McRib and launching a new McValue menu in January to rebuild customer trust and boost sales.

> South Korea's government pledged "unlimited" liquidity support for financial markets after President Yoon Suk Yeol lifted a martial law declaration, which had caused the won to hit multi-year lows. Emergency measures include a 10 trillion won stock market stabilization fund and assurance that all markets will operate normally. While the declaration was rescinded following a unanimous parliamentary vote, political tensions persist over budget disputes, threatening fiscal spending as export growth slows. Despite the turmoil, analysts believe proactive policy responses could mitigate the economic and financial uncertainty in the short term.

Unique Business Idea For You

Starting a home-based childcare business is a smart way to meet the growing demand for daycare services from parents working remotely. As a stay-at-home parent, you can provide care for other children alongside your own, creating a convenient and family-friendly work setup. This business requires minimal startup costs, leveraging your home as the primary space for operations. With an average yearly salary of $29,000, it’s a fulfilling way to earn while supporting other families in your community.

Side Hustle You’d Be Crazy Not to Try

Teaching people how to use their smart devices is a great side hustle, especially with the constant release of new technology. You can create online courses to help individuals unlock their devices' full potential, covering features and techniques step-by-step. Once made, these courses can generate passive income, allowing you to earn money even while you sleep. This idea caters to a wide audience eager to improve their tech skills and stay updated with the latest trends.

Personal Finance News

> Weight loss becomes more challenging after menopause, and adjusting to a high-fibre diet can help improve results. Dr. Emily Prpa highlighted the benefits of fibre, which helps you feel fuller for longer, supports gut health, and reduces the risk of heart disease. Plant-based foods like black beans, kidney beans, and chickpeas are cost-effective, versatile, and rich in fibre, making them ideal for a Mediterranean-inspired diet. Incorporating these foods into meals like chili or Bolognese can improve overall health, especially as menopause often brings hormonal changes that increase cardiovascular risks. Get rewarded for weight loss - click here!

> Vlad Yatsenko, CTO of Revolut, highlights the UK’s brain drain driven by high taxes, rising living costs, and better opportunities abroad, with Southern Europe emerging as a top destination for expats. Countries like Spain, Portugal, and Italy attract young professionals with tax incentives, affordability, and quality-of-life benefits, competing directly with London for skilled talent. Over 532,000 Brits emigrated in 2023, with 45% seeking a better lifestyle and 39% citing the cost-of-living crisis, according to the British Expat Report 2024. Yatsenko warns that without policy reforms, the UK risks losing more professionals to nations fostering innovation, offering lower taxes, and providing superior living conditions.

> Indian-American entrepreneur Daksh Gupta, CEO of AI startup Greptile, sparked debate with his defense of the company’s demanding 84-hour workweek. In a viral post, Gupta emphasized Greptile’s intense culture, stating it attracts employees from cushy Big Tech jobs seeking high-pressure, high-impact work. While some praised his honesty, critics questioned the sustainability and ethics of such a work environment, with Gupta receiving both job applications and backlash, including racially charged comments. Gupta attributed his leadership style to San Francisco’s startup culture, maintaining that such intensity is vital for early-stage ventures, though it’s not a fit for everyone.

In partnership with MGR Mercury Global Reports.

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