Tag: Carnival

Brazilian Capitals Cancel Carnival as CCP Virus Cases Surge

SANTA CRUZ, Bolivia—The mayor of Rio de Janeiro, Eduardo Paes, announced the cancellation of the famous Carnival street festival on Jan. 4 during an online conference, making it the second year in a row the city canceled its highly-anticipated celebration. Rio de Janeiro is number 18 of 27 Brazilian capitals to call off their Carnival celebrations…


Is Carnival’s Stock Overvalued or Undervalued?

Carnival Corp. shares have lagged the S&P 500 in 2021, generating a year-to-date total return loss of 5.1 percent. Carnival stock has had a wild ride since the 2020 shutdowns, but investors may be wondering whether there’s any value in Carnival shares after its 2021 pullback. Earnings A price-to-earnings ratio (PE) is one of the…


Fairgoers Rush to Save Malfunctioning Carnival Ride

A big thank you to all the courageous people willing to try to save the helpless.


Shocking Video Shows Carnival Ride Almost Pitch Over—Until Fairgoers Rush to Save the Day

Hair-raising footage shows a carnival ride nearly gone horribly wrong in Traverse City, Michigan, during the 95th Annual National Cherry Festival on July 8. A video recorded the near-disaster as 10 passengers were hoisted high overhead and around again by the festively painted Magic Carpet Ride—but not all was going as planned. As the lift soared,…