Beleagured cruise ship company Carnival to raise $6 billion in stock and debt, shares jump

Beleagured cruise ship company Carnival to raise $6 billion in stock and debt, shares jump

Carnival Cruise Line’s Fascination ship. Getty Images Carnival is issuing $6 billion in stock and debt as the beleaguered cruise ship company tries to shore up its finances after suspending operations following COVID-19 outbreaks on at least three of its ships.  The company said Tuesday it plans to issue $1.25 billion in stock, $3 billion in […]
Caesars-Eldorado merger moving forward despite coronavirus

Caesars-Eldorado merger moving forward despite coronavirus

The coronavirus outbreak has delayed the $17.3 billion deal between casino companies Caesars Entertainment and Eldorado Resorts, but the deal is moving forward, according to a source with firsthand knowledge. Following a report on CNBC, Caesars was halted on the news...