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After a string of high profile problems, Carnival's issuing its second profit warning in 2 months, reports CNBC's Simon Hobbs.
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As the Carnival Triumph inches toward port, attention is turning to what rights its passengers have. But the cruise industry receives less oversight than the airline industry. The Christian Science Monitor reports.
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Reeking of raw sewage, a crippled cruise ship carrying more than 4,200 people docked at a port in Mobile, Alabama, on Thursday.
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NBC's Jay Gray reports Carnival will be reimbursing the passengers for their expenses of the cruise, and also $500; and Diana Furchtgott-Roth, Manhattan Institute senior fellow; and CNBC Contributors James Pethokoukis and Dan Greenhaus, weigh in.
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The Carnival Triumph will now take 7-10 hours in order to dock the vessel, and 4-5 hours for passengers to disembark the ship, with CNBC's Simon Hobbs and NBC's Jay Gray; and Andrew Stoltmann of the Stoltmann Law Offices, says passengers can sue Carnival, but that they will have to show a physical injury.
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CNBC's Simon Hobbs reports the 4 tugboats are again pulling the Carnival Triumph, but that the cruise ship still may not be able to dock once it reaches Mobile Bay in Alabama.
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Carnival warned that the Triumph mishap will reduce its earnings and canceled a dozen more cruises aboard the ship.
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NBC's Jay Gray reports the Carnival Triumph has stopped off the Alabama coast due to a broken towline; and Ed Buck is currently a Carnival Triumph passenger, and offers insight on the conditions of the boat. Also, Bridgit Aplin is a family member of passengers, and shares what she has heard from there.
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CNBC's Simon Hobbs reports one of the four tugboats pulling the Carnival Triumph has broke. CruiseCritic.com editor-in-chief Carolyn Spender Brown, shares her opinions on whether this story will affect future cruise traffic.
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The Carnival Triumph is being towed into port in Mobile, Alabama, with NBC's Janet Shamlian and U.S. Coast Guard Bobby Nash. Paul Argenti, Dartmouth Professor of Corporate Communication and Gene Sloan, The Cruise Log, weigh in on what kind of damage could be done to Carnival's reputation.
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Discussing what the stranded Carnival cruise will do to the company and the cruise industry as a whole, with Jaime Katz, Morningstar equity analyst. NBC's Janet Shamlian reports the latest on Carnival Triumph.
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MOBILE, Ala., Feb 13- More than 4,220 people on the stricken cruise ship Carnival Triumph faced another night of what some have described as hellish conditions on Wednesday, as the company said it was offering passengers an additional $500.
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MOBILE, Ala., Feb 13- More than 4,220 people aboard the stricken cruise ship Carnival Triumph on Wednesday faced one more night of what some have described as hellish conditions before their expected arrival in Alabama, even as the company said the situation was improving.
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NBC's Jay Gray reports passengers aboard Carnival Triumph say conditions are getting worse; and Debra Borchardt of TheStreet says her sister-in-law and niece are aboard the cruise right now, and offers insight on what they're saying.
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Feb 13- Hyatt Hotels Corp reported lower-than-expected fourth-quarter revenue and margins on weak performance in Europe and the Middle East and a slow recovery in its convention business, sending its shares down as much as 4 percent.
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The Carnival Triumph is being towed to a port in Mobile, Alabama, after an engine fire left it adrift in the Gulf of Mexico. NBC's Janet Shamlian is awaiting the ship's arrival.
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A cruise line said it is making the passengers stranded aboard a disabled ship in the Gulf of Mexico as comfortable as possible, contradicting the accounts of some passengers who told relatives of filthy, hot conditions and limited access to food.
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*Carnival Corp expects ship at port no later than Thursday. MOBILE, Ala., Feb 12- The cruise ship Carnival Triumph was being towed to port in Alabama on Tuesday as passengers complained of sweltering heat and gut-wrenching odors from backed up toilets after a weekend engine fire left it adrift in the Gulf of Mexico.
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*Carnival Corp expects ship at port no later than Thursday. MOBILE, Ala., Feb 12- The cruise ship Carnival Triumph was being towed to port in Alabama on Tuesday as passengers complained of sweltering heat and gut-wrenching odors from backed up toilets after a weekend engine fire left it adrift in the Gulf of Mexico.
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Greg McGee, Coast Guard Captain of Vigorous provides an update on the disabled ship, "Truimph", stranded at sea for the last few days. Also, Kevin Sheehan, Norwegian Cruise CEO, weighs in on the stranded ship and discusses the direction of his company's stock and its business model.
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Rachael Rothman, Susquehanna Financial Group, explains whether the engine mishap could impact the company's stock.