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Shipwrecked: How Carnival's high hopes for 2020 gave way to 'floating petri dishes,' stranded crew members, and a spate of COVID-19 deaths at sea

Carnival Corp. started out 2020 with high hopes for smooth sailing, in terms of its finances.   But the largest cruise company has found itself facing unprecedented challenges thanks to the coronavirus pandemic. Three highly publicized and fatal COVID-19 outbreaks occurred on Carnival vessels: the Diamond Princess, the Grand... go to Article >

COVID-19 has created a once-in-a-lifetime crisis for Carnival and Royal Caribbean, but after surviving hijackings and shipwrecks, the industry...

3 Days ago Finance Source:

Summary List Placement The coronavirus has thrown the cruise industry into disarray this year as a rash of outbreaks on ships, weeks-long quarantines, and an eight-month ban from US waters has created a financial and PR nightmare. Despite... read more

5 people just tested positive for coronavirus on the first Caribbean cruise since the pandemic began

15 Days ago Finance Source:

Summary List Placement The first major cruise to embark in the Caribbean since the coronavirus pandemic halted travel in March has a major issue: Five of its passengers have been diagnosed positive for the virus. On Wednesday, the ship's... read more

Internal video reveals an optimistic Carnival is ending a 20% pay cut and resuming matching 401(k) contributions, but its CEO says 'far too soon to...

9 Days ago Finance Source:

Summary List Placement Carnival Corporation will end a 20% pay cut for salaried employees in December and resume matching 401(k) contributions for US-based employees in January, CEO Arnold Donald said in a video message to his workers. The... read more

The first cruise line to resume Caribbean trips just canceled all 2020 cruises after an outbreak infected 7 passengers

10 Days ago Finance Source:

Summary List Placement SeaDream Yacht Club has canceled its remaining 2020 cruises following a COVID-19 outbreak on one of its ships, the company announced Tuesday.  The cruise line was the first to resume Caribbean trips when its SeaDream I... read more

10 things in tech you need to know today

0 Days ago Finance Source:

Summary List PlacementGood morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning. Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your... read more

Deutsche Bank says you need to own these 10 value stocks set to rise by as much as 52% as Europe gets a grip on COVID-19

0 Days ago Finance Source:

Summary List PlacementOn Wednesday, the Dow Jones hit a record high of 30,000, prompting President Donald Trump to host a press conference to celebrate breaking - what he called - "a sacred number". Indeed, markets have been performing victory... read more

Vaccine experts report that the rapid progress on COVID-19 trials is a result of unprecedented global cooperation and focus

0 Days ago Finance Source:

Summary List PlacementThough the mounting global death toll may tell its own story,  recent events indicate that in the battle against COVID-19, humanity is mounting a comeback. More than 1.3 million people have died worldwide because of the... read more

With around US$84 million in funding, Khatabook is the early market leader for digital bookkeeping in India, ahead of rivals such as OkCredit and...

0 Days ago Finance Source:

Summary List PlacementEarlier this year, Indian startup Khatabook secured US$60 million in B-Series funding for its digital bookkeeping app. The investment was the largest funding drive to date for the Bengaluru-based company that in just two... read more

Insular Life celebrates reaching 3 times its goal in promoting female empowerment in the Philippines

0 Days ago Finance Source:

Summary List PlacementWith a 30-year career in banking and finance, Nina D. Aguas has broken more than a few glass ceilings, leading major financial institutions both in the Philippines and across Asia Pacific. Currently executive chairperson... read more

Survey reveals that most business leaders think new kinds of business partnerships are driving innovation during the pandemic

0 Days ago Finance Source:

Summary List PlacementFor many companies, "we're all in this together" has become more than a motto during the pandemic. Partnerships have turned into a key mechanism for tapping into opportunities and overcoming obstacles. Fetch Robotics has... read more

The Prince of Sweden and his wife Princess Sophia both tested positive for COVID-19, as their country struggles under a brutal second wave of...

0 Days ago Finance Source:

Summary List PlacementThe coronavirus has hit Swedish royalty amid a rapid surge in cases across Sweden.  The Swedish royal Family announced Thursday that both Prince Carl Philip, and his wife Princess Sophia had tested positive for COVID-19,... read more