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...Since the earliest days of the movement, the idea of recommissioning a cruise liner had seemed the fastest route to libertarian utopia....
...Cruise said it was “not going to make any predictions on what may or may not happen in the future”. Stripe and Instacart declined to comment....
...Net yield, or the revenue per passenger per cruise day, excluding costs, for the period was 6 per cent higher than 2019....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...Autonomous vehicle safety has been in the spotlight since early October, when a robotaxi operated by Cruise, the General Motors driverless car division, collided with a pedestrian and then dragged the person...
...Still, investors should worry about cruise lines running out of steam. Even after a huge rally, the stock prices of cruise companies are well below pre-pandemic levels....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...And Zaslav has touted a number of projects in the works, noting that Warner has entered partnerships with Tom Cruise and George Clooney....
...General Motors scaled back plans for its self-driving Cruise unit last year following an accident while testing on public roads, while Ford pulled out of the technology altogether to focus on driver-assistance...
...Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit, will be replacing him. Instead of enjoying a boom, Hertz is in trouble again....
...Also the highly leveraged cruise liners Carnival and Royal Caribbean, which could face serious trouble in a recession, are both up 55 per cent in the rally....
...CAA agent Maha Dakhil — who represents Reese Witherspoon and Tom Cruise, among other A-listers — stepped aside from her role as co-chief of the motion pictures department after reposting an Instagram story...
...list of top performers is littered with defensive healthcare names (Eli Lilly, Amgen, Regeneron, McKesson) whereas the worst performers are a who’s who of highly levered economically sensitive stocks (cruise...
...Companies including Norwegian Cruise Line Holdings, aerospace and defence group TransDigm, beauty products company Coty and billboard advertising business Clear Channel Outdoor have done some of the largest...
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...Instead of being transported seamlessly into a digital utopia, headset wearers have felt uncomfortable, disoriented and sometimes queasy....
...(Thanks, Tom Cruise.) But 2023 looms with fingertips still on the cliff edge....
...Norwegian Cruise Line and MSC Cruises no longer deploy ships in the region, while Genting Hong Kong, which used to operate Dream Cruises, went bankrupt this year....
...The San Francisco-based group has appointed Arnold Donald, former chief executive of cruise operator Carnival Corporation, Sachin Mehra, chief financial officer of Mastercard and Mason Morfit, chief executive...
...cruises alongside his wife since the industry returned from the pandemic and has three more booked....
...Cruise’s robotaxi test is a fairly conservative one. The cars can only drive between 10pm and 5.30am....
...Notable holdings include stakes in Aston Martin; Carnival, one of the world’s biggest cruise line operators; and Lucid, an electric vehicle manufacturer that is building a production plant in Saudi Arabia...
...After receiving a signal from another cruise that disappeared months earlier, the weather-beaten German captain (Andreas Pietschmann) decides to go in search of survivors....
...But the conditions that helped markets cruise to record highs have hit an iceberg....
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