CEO: Disney Cruise Line bookings down, too
The company is the latest cruise ship operator to note a drop following the Costa accident.
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SEC Again Utilizes Strict Liability "Clawback" Authority
In a July 2011 Legal Foundation??Legal Pulse post, SEC to Join HHS in Effort to Drop the Claw of Strict Liability on Business??Managers, we decried the federal punishment of business executives based solely on their status, rather than on whether they actually violated the law. Such status crimes, we argued, do nothing to deter law ...
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Cruise Ship Crunch? Morning Business Memo
Shares in Carnival Corp. of Miami – the world’s biggest cruise line operator – plunged more than 16 percent in London after the accident of its Costa Cruises Concordia. Carnival says it expects to lose tens of millions of dollars in revenue with the Concordia...
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iPhone 4S ship times drop to 3-5 days
Electronista noticed this morning that shipping estimates for the iPhone 4S have dropped to three to five business days for all capacities. This shows that the despite the ongoing rollout of the iPhone 4S in other countries , production has caught up to meet demand. If you've been waiting to upgrade because of thin supplies since its release and the holiday season, now is a good time to consider ...
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Carnival says wreck will cut profit $155M-$175M
Carnival Corp. said Monday that the grounding of the Costa Concordia cruise ship off the coast of Italy will cut 2012 profit by between $155 million and $175 million.
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