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Carnival Forecasts Another Loss This Year as Cruise Costs Rise
Business Earnings Projected loss comes as Royal Caribbean, Norwegian Cruise expect to post profits this year Source link
U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link
Disney Eliminates Its Metaverse Division as Part of Layoffs Plan
The unit, once seen as developing a new form of storytelling, had about 50 employees. Source link
Lyft Hires New CEO as Founders Step Back
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. Source link
Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam
Markets Heard on the Street First Citizens, no stranger to acquiring banks, gets a good deal thanks to guarantees from the FDIC Source link
CNN Finalizing Deal to Add Gayle King
Basketball commentator Charles Barkley also in the mix as a potential host. Source link
Salesforce's Benioff Lives to Deal Another Day
Quelling a proxy challenge buys the cloud-software pioneer time, but pressure to juice its bottom line won’t abate. Source link
Deutsche Bank Stock Price Rebounds Even as Worries Persist
The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link
Disney to Start Its 7,000 Job Cuts This Week
A second, larger round of notices with several thousand more staff reductions will take place in April. Source link
Facebook Parent Plans Lower Bonus Payouts for Some Staff
Meta Platforms plans to adjust its performance review process, saying it is ‘optimizing’ for the year ahead. Source link