Florida Closing Bars and Restaurants Again
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Biden attends showtime in-person fundraiser since pandemic
President Joe Biden on Monday held his showtime in-person fundraiser since the onset of the coronavirus pandemic, marking a return to a traditional form of politics that many Democrats eschewed as a affair of public condom over the past two years. The big-dollar event in Washington, which two dozen donors attended, raised at least $three meg for the Democratic National Committee, according to an adviser for the White House who spoke on condition of anonymity to discuss individual planning details. Biden spoke to a group of 18 gathered at Hotel Washington near the White House, with iv other joining past video screen.
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Why Carnival, Royal Caribbean area, and Norwegian Cruise Stocks All Popped Today
Cruise tourism stocks Funfair Corporation (NYSE: CCL) (NYSE: CUK), Regal Caribbean (NYSE: RCL), and Norwegian Cruise Line Holdings (NYSE: NCLH) all jumped in early trading Tuesday. Every bit of ten a.m. ET, Regal Caribbean stock is up four% and Carnival Corporation four.ane%, while Norwegian Cruise is leading the sector higher with a 5% gain.
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Popular Disney Experience Endmost Forever
Disney is slowly bringing dorsum all the things it had to put on hold in its parks due to the pandemic, simply it'due south condign clear that the visitor rethought some of its operations while they were on pause. Naturally, all that down time was a perfect excuse to scrutinize the numbers, and Disney patently did that. Ane of those changes it decided on was chapters, which Disney Principal Fiscal Officer Christine McCarthy mentioned will remain limited in her Q&A at the Morgan Stanley 2022 Applied science, Media & Telecom Conference last week.
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Disney Globe and Its Rivals Take Steps to Solve Their Biggest Problem
Being too popular may seem more than like a blessing than a curse, simply it's been an upshot at Walt Disney'due south (NYSE: DIS) largest theme park resort in recent months. Many of Disney World's Florida neighbors -- including SeaWorld Entertainment (NYSE: SEAS) and Universal Orlando parent Comcast (NASDAQ: CMCSA) -- are besides bumping up against the indicate where consumer demand is outstripping supply. With large crowds seemingly impervious to price hikes and new premium offerings, Disney, SeaWorld Orlando, and Universal Orlando are posting tape or near-record results despite not beingness at total strength.
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Why Shares in Brazilian Airline Azul Rose 5% Today
Shares in Brazilian airline Azul (NYSE: AZUL) were up more five% at 1 p.m. EDT. The move comes from positive sentiment on the airline sector in general and a recognition that Azul is one of the all-time-positioned airlines to benefit from a multiyear recovery in commercial aviation. Jet fuel is a crucial component of airline costs, and now that the toll of oil per barrel has dropped below $100 from effectually $125 a couple of weeks ago, investors are feeling a flake more optimistic nearly the profit outlook for the sector.
- American City Business Journals
Princess Cruises to return to Galveston for first time in years
Princess Cruises will homeport a send at the Port of Galveston again for the first fourth dimension in years, Santa Clarita, California-based Princess Cruise Lines Ltd. announced March fifteen. Ruby Princess will sail cruises from Galveston from December 2022 to Apr 2023. The voyages volition range from five to 11 days and mainly focus on the western Caribbean.
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U.S. carriers lean on 'unparalleled' travel demand to counter higher fuel costs
(Reuters) -U.Due south. carriers on Tuesday said travel need has roared back after a blip caused by the Omicron coronavirus variant and would remain stiff plenty to help them offset a run-up in fuel costs with higher fares. Atlanta-based Delta Air Lines Inc said it was seeing an "unparalleled" increase in need, resulting in the highest ticket sales in the visitor's history terminal week. "We've not seen a stronger demand ... in my career," Chief Executive Ed Bastian said.
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Airlines Lead S&P 500 Rally After Laying Out Path to Profit
(Bloomberg) -- U.S. airline stocks jumped the virtually in the Due south&P 500 Index afterwards carriers said they will trim flying to remain on rail toward profits even equally fuel prices rise.Most Read from BloombergUkraine Update: Kyiv Sees 'Contradictions' in Russia TalksLuxury Cruise Ship Runs Aground While Leaving Caribbean PortRussia Is Spiraling Toward a $150 Billion Default NightmareUkraine's Anti-Tank Missiles Could Encounter Russian federation Shift War TacticsUkraine Update: China Seeks to Avoid Russia Sanctions Sideswipe
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Southwest Airlines offsets rising fuel costs with fuel hedging
Equally the volatile oil marketplace has surged to record highs, triggered by Russia'south invasion of Ukraine, Southwest Airlines has mitigated the soaring prices by hedging fuel costs.Why it matters: The airline won't speculate publicly nigh the price of future flights, only by like-minded to purchase fuel at pre-set prices months or years in accelerate, Southwest has significantly offset the steep costs facing nearly other airlines in America.Stay on top of the latest market trends and economical insights with Axios
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UPDATE 2-Delta, Virgin Atlantic CEOs say travel demand is robust
Delta Air Lines Inc and partner Virgin Atlantic said on Tuesday that pent-up demand for international travel meant customers were willing to pay higher fares, spurring a rebound in bookings and helping them embrace surging fuel costs. CEO Ed Bastian told a news briefing in London that Delta had enjoyed the busiest booking day in its history final week, even though many Asian routes remained suspended, and he was seeing the strongest need in his career. Virgin CEO Shai Weiss said that while he could not predict how consumers would respond to higher prices in the long term, for now it was seeing potent demand for premium leisure travel and a strong recovery in business travel.
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Source: https://finance.yahoo.com/news/tampa-bay-rooftop-bars-restaurants-140000640.html
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