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Month: May 2023

Carnival Cruise Line to bring new Italian-themed ship Venezia to Port Canaveral

Carnival Cruise Line to bring new Italian-themed ship Venezia to Port Canaveral

Carnival Cruise Line will expand its fleet to five ships in Port Canaveral with the arrival in late 2024 of the Italian-themed Carnival Venezia.

The line announced the rebranded ship originally built for sister cruise line Costa Cruises as Costa Venezia will spend the winter Caribbean sailing season out of the Central Florida port starting Dec. 18, 2024.

The 135,225-gross-ton ship is currently undergoing a facelift in Spain that will include a unique black-and-yellow paint job as part of what Carnival is marketing as Fun Italian Style.

Its first sailing as a Carnival ship is a transatlantic voyage from Barcelona to New York on May 29 with regular sailings from New York’s Manhattan Cruise Terminal starting June 15, its home until it begins Port Canaveral service 18 months later.

Once in Florida, the ship with a 4,090-passenger capacity based on double occupancy will sail one four-night Bahamas cruise before embarking on 15 seven-night cruises alternating Eastern and Western Caribbean itineraries as well as two 14-night Carnival Journeys-branded sailings. It will return to New York in spring 2025. Sales for those voyages opened Tuesday. read more

After nearly 50 years serving Orlando, Le Coq au Vin closes its doors

After nearly 50 years serving Orlando, Le Coq au Vin closes its doors

Dino Maggi has been employed at Le Coq au Vin for more than 20 years. Through two owners. But he might take exception with that phrasing.

“I don’t really work here,” Maggi tells me. “I take care of old-school Orlando. All my guests are longtime friends, they’re not really customers.”

So, it was heart-crushing, he said, when he learned that the venerable restaurant, which has served French fare in Orlando since 1976, was shuttering for good.

Chef/owner Reimund Pitz, who took the helm from Le Coq’s French-born owner/founder Louis Perrotte in 2008, delivered the news on Saturday night.

The sale of the property was made official the day before.

Le Coq au Vin began its life as a sales office for manufactured homes. In fact, it is one. (Stephen Dowell/Orlando Sentinel)
Le Coq au Vin began its life as a sales office for manufactured homes. In fact, it is one. (Stephen Dowell/Orlando Sentinel)

“It was one of the toughest things my wife and I had to do in regards to business,” Pitz said. “…when the last meal went out, I told everyone.”

Pitz and his wife Sandy tried hard to perpetuate the fire of the restaurant’s heydey, but doing so in the radically different post-COVID landscape proved too challenging.

“[Louis] basically handed a golden egg to us,” said Pitz, noting their gratitude. Perrotte’s 27-year run provided solid momentum for the next decade-plus. read more

Trying to time the stock market? Read this first

Trying to time the stock market? Read this first

Bob Haegele | (TNS) Bankrate.com

Timing the market refers to buying securities when the price is low and selling them when the price is high. Trying to time the market can be tempting because it might seem like you can make a lot of money, but it’s not without risks.

Buy low, sell high. While it’s simple in theory, in reality, it’s highly unlikely you will be able to time the market successfully. Chances are, you will buy things you think will increase, but it never happens. Then you’re left selling it at a loss. This scenario is all too common, and it’s why you should avoid trying to time the market.

While you could try to time the market, it’s better to avoid it in most cases. Fortunately, there are several alternatives to it instead. Depending on your goals, one of the alternatives might be a better choice.

The problem with timing the market

Timing the market is difficult. Actually, that is probably an understatement as very few people can time the market consistently. In fact, even professionals who try to time the market usually fail. For instance, a report from Dow Jones showed that over a 20-year period, fewer than 10% of actively managed U.S. stock funds managed to beat the index. read more