BUSINESS

Bargain Cruises May Hurt Carnival Margins

The Carnival cruise ship Sunrise is seen docked at Miami Port, in Miami, Florida, U.S., June 18, 2022. Picture taken with a drone.
Carnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter results on Friday, but bargain-basement prices for some cruises may squeeze the cruise operator's margins.
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Workers of Codelco's Ventanas copper smelter take part in a nationwide strike in protest against the government's and the company's decision to close the smelter in Ventanas, Chile, June 22, 2022.

Chile's Codelco And Workers Reach Agreement To End Strike

Union leaders at Chile's state-owned mining firm Codelco, the world's largest copper producer, reached an agreement with the company on Thursday to end a national strike over the decision to close a smelter located in a highly polluted area.
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S&P 500 Ends Higher, Boosted By Defensives, Tech

The S&P 500 ended higher on Thursday after a day of choppy trading, as gains in defensive and tech shares countered declines for economically sensitive groups as worries persisted about a potential recession.
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Wall Street Eyes Higher Open As Tech-related Stocks Gain

Wall Street's main indexes were set to open higher on Thursday as easing government bond yields lifted some high-growth stocks, while investors awaited business activity data and Federal Reserve Chair's testimony to Congress.

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