Bloomberg Businessweek Government Funding Agreement, Carnival Cruising Ahead
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Dec 20, 2024 Josh Weinstein, CEO of Carnival Corporation, shares valuable insights into the cruise industry's recovery, highlighting impressive earnings and growth for 2025. He discusses strong booking trends and the strategic importance of new destinations. Jeff Grabow, U.S. Venture Capital Leader at EY, provides an overview of the venture capital landscape, projecting a rebound in investments, especially in AI. He examines the impact of Mega Round deals on startup funding and the evolving nature of investor dynamics.
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Government Funding Package Details
- The latest government funding package includes provisions to keep the government open until March 14th.
- It also includes disaster relief and aid for farmers but excludes the debt ceiling suspension.
Failed Funding Bill
- The House failed to pass a government funding bill supported by Trump and Musk.
- Republicans are now working on a new bill to avoid a shutdown.
Congress and Legislation
- Government shutdowns highlight the importance of Congress in enacting legislation.
- This is true even with executive orders available to the president.