we talked to arnold donald who runs carnival corporation, that's the biggest cruise operator on the planetwhere ever yourjoining me from around the world, once again, a big hello and a very warm welcome to the show. you know, it seemed like it was a another time, two years ago as a threat of covid became obvious one cruise ship, the diamond princess went into lockdown as the world watched. passengers, they were held for two weeks as the virus spread throughout the ship, infecting more than 700 onboard. shortly after, the world closed down and tourism industry suffered the worst crisis in its history. take a look at this, this was the heart of venice during the middle of the pandemic, not a tourist sight. and from an empty st. mark's square in venice to in empty trafalgar square in london, holiday—makers and business passengers stopped flying and the hospitality industry ground to a halt. let's just take a look at the impact. in 2019, before the pandemic hit global tourism drove about nine and a half trillion dollars of economic activity or roughly 10% of the entire global economy. one in t

more or less difficult questions to answer before tourists to the british american concern carnival corporation the largest in the world, the cruise company announced its refusal to sell tours to russians and belarusians , the company explained this step with financial risks due to sanctions imposed by the united states of great britain and es. at the same time, he will go on sea cruises on previously purchased tickets. while it is still possible in this message about tourist sanctions, another piece of news flashed between the lines, it turns out that a large part of russian travel lovers have not yet parted with the illusion. well, or a dream to spend a summer vacation in a foreign resort and take a break from the stormy news or already under a palm tree and pulling doyki through a straw or pino colada, but something tells me that it's time for lovers of foreign exoticism to start exploring unknown russia and especially for them. today we are launching a series of reports on where our reporters can go this summer without going abroad. i'll try what its here surround. he has long been accustom

heat owner, he has more than $375 million tied up in china through his team an his business carnival corporationthe world's larges cruise operator. then sacramento kings co-owner, total china exposure is about $140 million, more than 30 percent of his net worth, mostly due to his investments i qualcomm. memphis grizzlies owner exposur in china is about $369 million through his company ubiquity, that's a wireless equipment manufacturer whose operations are based primarily in southern china. houston rockets owner is the president in ceo of landry whic operates ten restaurants in china, they in annual sales. his estimated total exposure to china is over $160 million in the biggest name of them all is charlotte homeowner owner michael jordan who donated $100 million to show justice efforts here in the united states. he has an estimated $85 million wrapped up in china. could that be part of the reaso there hasn't been he hasn't criticized china as he criticized the united states. former center for the boston celtics and human rights activist freight thank you for joining us, on the first day which is

before the pandemic and it's help tag lift all the other airline stocks delta up 4.5% and carnival corporation and booking holdings up as well although getting some help from analysts at wolf research. one of the top picks for the second half of 2022. and from the stock side of things, two of the five best performing stocks have nothing to do with each other really it's citi group up 8% and paramount global up 14 yes, it is warren buffett. hath way saying they've now taken stakes in paramount global and citi that buffer the berkshire boost. two of the top fur formers on the s&p, not on anything really but the berkshire investment >> thanks. >>> well, it's also a tale of two retailers, as home depot holds slightly positive. as walmart sinks hard. both companies beat on the top lain walmart missed on earnings higher food and fuel cost weighed on margins on the call this morning doug mcmillen warned the inflation situation is, quote, unusual and later added we're seeing double digit food inflation and i'm concerned inflation may continue to increase if walmart, the largest retailer in the u.s., c

carnival corporation in the world's largest cruise operator, then sacramento kings co-ownerra paul jacobs. total china exposure is at about one hundred and forty million dollars more than 30% of his netet worth mostly ds to his investments in qualcomm. then memphis grizzlies owner robert para's exposure at china and china is at about three hundred sixty nine million dollars through his company ubiquiti. that's a wireless equipment manufacturer whose operations are based primarily in southern china. noww houston rockets owner tilman fredd for teta is the president and ceo of landry's, which operates 10 restaurants in china. they generate an estimateds fifty seven dollars million in annual sales. his estimated totalnu. exposureo china is over one hundred and sixty million and the biggest name on the mall ishe charlotte. charlotte hornets owner michael jordan, who donated one hundred million to social justice efforts here in the united states. remember he has an estimated eighty five million dollarsan wrapped up in china. noww could that be part of the reason you were hesitant to criticize c

carnival parade at 10:00 a.m. tomorrow. >> thanks for watching. fanduel and draftkings, two out of state corporationsns. what's the real math behind their ballot measure for online sports betting? 90% of profits go to the out of state corporations permanently. only eight and a half cents is left for the homeless. and in virginia, arizona, and other states, fanduel and draftkings use loopholes to pay far less than was promised. sound familiar? it should. it's another bad scheme for california. - [announcer] the following program is a paid advertisement for the original "'70s soul superstars" dvd and cd collection. sponsored by treasurycollection.com. it's an exciting, all new dvd and original hits cd offer from treasurycollection.com, with the greatest hits of '70s soul ever. ♪ honey, you are my shining star ♪ these classic performances will be yours, always and forever. ♪ always and forever ♪ each moment is carefully curated for the first time ever on six dvds and six original hit cds. available no by logging on to treasurycollection.com or calling 1-833-70s-soul and ordering the unstoppable music on