Bloomberg Businessweek
Government Funding Agreement, Carnival Cruising Ahead
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.
37:50
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The government funding package aims to sustain funding until March while requiring bipartisan support to avoid a shutdown.
- Carnival Corporation reports strong cruise demand with record bookings and pricing, indicating a positive growth outlook for 2025.
Deep dives
Government Funding and Bipartisan Challenges
The current government funding package, being discussed by House Republicans, aims to sustain funding until March 14 while addressing disaster relief and providing aid for farmers. However, its success depends on bipartisan support, which remains uncertain as key provisions favored by former President Trump and advisor Elon Musk, like the suspension of the debt ceiling, are missing. The legislative process mirrors past standoffs, as evidenced by the recent failures of prior bills circulating in Congress. With a divided government, the need for consensus among lawmakers, including on spending and aid, will be paramount to avoid a shutdown.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
