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Despite higher energy prices, there’s an opportunity in travel stocks, says Janus’ Jeremiah Buckley

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Jeremiah Buckley, equities portfolio manager at Janus Henderson, joins ‘Squawk on the Street’ to discuss technology themes, his top picks in travel stocks, and more.

03:47

Wed, May 6 202610:20 AM EDT

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US issues travel warning for breathtaking vacation destination as crime, unrest surge

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American tourists are being warned to exercise caution in a Latin American country, with a “do not travel” warning issued for one of its provinces.

The State Department on April 28 updated its Level 2 travel advisory for Bolivia, urging Americans to “exercise increased caution.”

A South American country bordering Brazil, Argentina, Peru, Chile and Paraguay, Bolivia is known for its jungles, salt flats and Andean landscapes.

URGENT WARNING ISSUED BY CDC AS CHIKUNGUNYA VIRUS OUTBREAK HITS VACATION DESTINATION

The country draws tourists to its administrative capital, La Paz, as well as to Lake Titicaca, which sits between Bolivia and Peru.

Despite its existing Level 2 status, the State Department’s latest update added new warnings for Bolivia.

Aerial view of a Bolivian town on the coastline with boats and homes

The State Department updated its travel advisory for Bolivia on April 28, urging Americans to exercise increased caution. (iStock)

The advisory notes that petty crime is common in the country, “especially in popular tourist spots.”

Officials are using people to “stay aware of your surroundings,” the advisory noted. 

POPULAR TRAVEL SCAMS AND SAFETY WARNINGS YOU NEED TO KNOW BEFORE TAKING VACATION

“Large demonstrations about local politics and the economic situation can happen with little warning. Demonstrations may block transportation and other essential services.”

Tourist standing near Lake Titicaca

Lake Titicaca, which sits between Bolivia and Peru, remains a major draw for travelers visiting the region. (iStock)

U.S. government employees in El Alto, Bolivia’s second-largest city, are “encouraged to pay extra attention to their surroundings” due to petty crime, the notice said.

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Tourists are also urged not to travel to the province of Chapare “for any reason.”

“Significant amounts of coca are produced illegally in Chapare Province,” the advisory noted.

Aerial view of a city in Bolivia showing buildings and streets.

U.S. officials warn that petty crime is common in Bolivia, especially in popular tourist areas. (iStock)

“Local police presence is limited, and there is a higher prevalence of violent crime associated with narco-trafficking.”

The State Department also said that U.S. government employees need “special authorization” to travel to Chapare Province.

Americans visiting Bolivia are urged to stay vigilant. 

The advisory added, “The U.S. government has limited ability to offer emergency services to U.S. citizens in Chapare Province.”

Americans visiting Bolivia are urged to stay vigilant, avoid crowds and follow local updates, as well as to travel with insurance and emergency plans.

Woman standing near volcano in Bolivia

U.S. travelers are being reminded to stay cautious while exploring Bolivia’s popular destinations. (iStock)

Fox News Digital reached out to the U.S. State Department for additional comment.

Bolivia joins a growing list of destinations recently flagged by U.S. officials.

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Last month, the State Department updated its travel advisory for Azerbaijan, a South Caucasus country between Eastern Europe and Western Asia, over Iran-linked security concerns.

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Officials also issued a security alert for Tirana, Albania, cautioning that Iran-linked groups may target Americans.

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Activate Opens First Malaysia Location in Kuala Lumpur in Partnership with Kara Holdings

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WINNIPEG, MB, May 6, 2026 /PRNewswire/ — Activate, North America’s fastest-growing interactive gaming experience, has officially opened its first location in Kuala Lumpur, Malaysia. Activate opened inside Pavilion Bukit Jalili, in partnership with Kara Holdings, a Southeast Asia-based entertainment venue group.

Activate and Kara Holdings open first location in Southeast Asia in Kuala Lumpur, Malaysia
Activate and Kara Holdings open first location in Southeast Asia in Kuala Lumpur, Malaysia

The 1,300 m² Activate live-action gaming venue features 12 game rooms and more than 800 levels. Players move room to room, using reflexes, smarts, and teamwork to beat each game. Each room hits teams with fast, physical and mental challenges that test speed, coordination and problem-solving. The games are built for teams of two to five players, and each session gives groups in Kuala Lumpur a fast, indoor way to play together – friends, families, work teams, and schools.

“We’re bringing Activate to Malaysia for the first time,” said Robin Lim, Chief Executive Officer of Kara Holdings. “Players in Kuala Lumpur will run, think fast, and win together. Every session feels like a workout and a party.”

Activate launched in Canada in 2019 and built a following by turning gaming into something you play with your body and mind. RFID tracking follows Player progress over time, so guests can level up, unlock achievements, earn Next Level Rewards, and compare scores with friends around the world.

“Activate brings a new kind of energy to the market,” said Adam Schmidt, Co-Founder and CEO of Activate. “From the moment Players step in, they’ll feel the pace, the challenge, and the rush of the game. It’s something Malaysia hasn’t seen before.”

Today, Activate operates more than 70 locations worldwide and plans to open 30 additional locations in 2026. Activate plans to expand across Southeast Asia with Kara Holdings, including future sites in Singapore.

To book a visit or learn more, visit playactivate.my or follow @activategames on Instagram and TikTok.

ABOUT ACTIVATE
The games await. Behind every door, you’ll need your reflexes, your wits, and your friends to beat them. Play against the room or against each other–it’s easy to play but hard to beat. Welcome to Activate. Headquartered in Winnipeg, Canada, Activate has become North America’s fastest-growing interactive gaming experience, growing to more than 75 locations across Canada, the U.S., Finland, France, Malaysia, Mexico, Norway, Sweden, the U.K., and the U.A.E.

Visit Activate and follow us on social media:

Facebook: @activategames
Instagram: @activategames
TikTok: @activategames
LinkedIn: @activategames

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Brad Scott given key metrics on which to improve as Bombers coach ‘hangs by a thread’

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Essendon coach Brad Scott is in a fight for his job.

The Bombers have laid out a specific set of metrics on which Scott must show improvement for him to see out his contract, which expires at the end of next year.

There are two main categories Essendon directors are monitoring to help them decide whether Scott remains the man to take them forward, as revealed by Tom Morris on Wednesday night’s edition of The Agenda Setters.

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One centres around player development.

“Essentially, how many players have improved and by how much,” as put by Morris.

The second metric is based on defence, and more specifically team defence. Pressure acts, scores against and inside 50s against are all key performance indicators that will contribute to Scott’s future.

“Brad Scott’s future, in my view, hangs by a thread if he can’t improve these numbers,” Morris said.

St Kilda great Nick Riewoldt noted the abnormality of using a specific set of in-game statistics to determine a coach’s job.

Brad Scott is in a fight for his job.
Brad Scott is in a fight for his job. Credit: Getty

“Typically for a coach, any coach, their future is decided by wins and losses, so that’s different,” Riewoldt said.

“Who came up with the metrics and why is a shift away from a typical wins-loss type scenario?”

Morris said it’s because the board is trying to take a more holistic approach.

“I think there’s a bit of an understanding that wins and losses are a bit unfair because they’re so young, so they need to dig deeper,” he said.

“How is this team defending? It’s understanding that premiership teams are built from defence.

“And the other element is, I think wins and losses don’t tell the full story sometimes. And I think if you dig deeper, these numbers actually tell us where Essendon is at when it comes to key metrics; that’s inside 50s against, opposition scores from centre bounce, and centre clearance against.

“And those numbers paint a bleak picture, and there’s only one conclusion that I can draw from that: if Brad Scott doesn’t improve then his job is very much on the line this year.

“The board are the people who control Brad Scott’s job.”

Essendon captain Andy McGrath and Darcy Parish after the Anzac Day loss to Collingwood last month.
Essendon captain Andy McGrath and Darcy Parish after the Anzac Day loss to Collingwood last month. Credit: Getty

Essendon are 18th in the competition for inside 50s against, 18th for opposition defensive half chains to score, 18th for opposition defensive 50 chains to score, 18th for centre clearances against, and 17th for scores against from centre stoppages.

“These are pretty granular metrics,” Riewoldt said.

“It’s easy for a board to sit there and say it’s win-loss. But we’re getting right down into the weeds there — that’s pretty detailed.

“The other question is: what’s the threshold? Do you need to finish 15th in some of those numbers?”

Essendon’s board includes former players Ted Richards and Andrew Walsh, who is the president, and was seen to be the key driver behind denying Zach Merrett’s trade request last year.

“Andrew Welsh has proven to be someone that can make hard decisions at the right time,” Morris said.

Seven’s chief footy reporter Mitch Cleary noted questioned why Scott would be under so much pressure when the board knew the implications of their draft strategy in recent years.

“And was this not part of the decision to re-sign Brad Scott last year?” Cleary said.

“He had a contract originally to 2026, they extended that until 2027 knowing that they were coming into a period where they were going to be one of the youngest groups in the competition.

“Right now they’re 16th in the AFL for age. For me, it feels like this is where it comes down to, as opposed to the win-loss.”

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Golden Week shift: Analyst sees Chinese travelers becoming more ‘tactical’ with spending

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Charlotte Zhou, Consumer and Internet A0analyst at China Galaxy International, discusses shifts in consumer behavior during China’s Labor Day “Golden Week.” While overall spending was strong, consumers appeared more cautious and value-driven, with a pivot towards more short-haul domestic trips, opting for rail over air flights. She also notes how they are being more selective in the experiences they spend on.

05:31

6 hours ago

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Radisson Hotel Group signs Radisson Perth at SCQ, marking a new chapter in West Perth’s transformation

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BRUSSELS and PERTH, Australia, May 6, 2026 /PRNewswire/ — Radisson Hotel Group is pleased to announce the signing of Radisson Perth, an upscale hotel set within the landmark Sydney Charles Quarter (SCQ) precinct in West Perth, marking the debut of the Radisson brand in Western Australia. The property is expected to open later this year and will represent a significant milestone in the Group’s continued expansion across Australia.

Radisson Perth _ pool render
Radisson Perth _ pool render

Developed by APPL Group and operated by Mandala Hotels & Resorts, Radisson Perth will form a key part of SCQ, a major mixed-use development designed as a connected village that brings together residential, commercial, and lifestyle elements in one integrated destination.

The hotel will feature 120 rooms and studios, complemented by a rooftop bar and restaurant, meeting spaces, a swimming pool, and a strong focus on guest engagement through art and curated experiences. Its location in West Perth offers strong connectivity to the CBD, key commercial hubs, and major transport links, supporting balanced corporate and leisure demand throughout the year.

“We’re delighted to bring the Radisson brand to this exciting precinct,” said Danilo Curcuruto, Director of Development, Australasia, Radisson Hotel Group. “Radisson Perth is a strong addition to our growing presence in Australia and reflects our focus on partnering with high-quality developments in key urban locations. We are particularly pleased to mark our entry into Western Australia with such a prominent project, in partnership with APPL Group, whose vision and commitment to delivering a standout precinct have been instrumental in bringing this opportunity to life.”

Commenting on the signing, Michelle Prater, Director, APPL Group, said:
“SCQ has been designed as a modern connected village, and the inclusion of Radisson Perth is a key component in bringing that vision to life. We were seeking a brand that stands apart in the market, with a strong identity and the ability to enhance the overall positioning of the village, and Radisson was a natural fit.”

Located on the western fringe of Perth’s CBD, the hotel benefits from proximity to key office precincts, healthcare, and education institutions, as well as retail and dining hubs. The property is well connected to Perth Airport and major transport infrastructure, supporting accessibility for both domestic and international travelers.

Perth continues to strengthen its position as a key gateway to Western Australia, supported by a diverse economy, strong corporate base, and growing tourism appeal. Ongoing infrastructure investment and urban renewal projects, including developments across West Perth and the CBD, are expected to drive sustained demand for well-positioned hotel assets.

Gemma McCourt, Chief Operating Officer at Mandala Hotels & Resorts, added:
“Radisson Perth is an important milestone in Mandala’s national growth strategy and a clear example of the contemporary, experienceled hotels we are committed to operating across Australia. SCQ is reshaping West Perth, and this hotel will play a defining role in creating a connected, designforward precinct that appeals to both corporate and leisure travelers. Its location, product mix, and brand alignment create strong fundamentals for longterm performance. We’re pleased to partner with Radisson Hotel Group and APPL Group to deliver a hotel that elevates the precinct, strengthens the market, and reflects the confidently different approach Mandala is known for.”

Radisson is an upscale brand that combines contemporary design with a focus on functionality, service, and comfort, catering to both business and leisure travelers. With this signing, Radisson Hotel Group continues to build momentum in Australasia, targeting strategic locations and high-quality developments that align with the evolving needs of owners, investors and guests.

ABOUT RADISSON HOTEL GROUP 

Radisson Hotel Group is a rapidly expanding international hotel group, operating in EMEA and APAC with more than 1,600 hotels in operation and under development in +100 countries. The Group’s overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos. 

The Radisson brand portfolio includes Radisson Collection, art’otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson — brought together under one commercial umbrella brand, Radisson Hotels.  

Radisson Rewards is Radisson Hotel Group’s loyalty program, which delivers an elevated experience that makes Every Moment Matter, counting more than 27 million members. As the most streamlined program in the sector, members enjoy exceptional advantages and can access their benefits from day one across a wide range of hotels in Europe, Middle East, Africa, and Asia Pacific.  

Radisson Meetings provides tailored solutions for any event or meeting, including hybrid solutions, placing guests and their needs at the heart of its offer. Radisson Meetings is built around three strong service commitments: Personal, Professional, and Memorable, while delivering on the brilliant basics and being uniquely Carbon Compensated.  

At Radisson Hotel Group, we care for people, communities, and planet and aim to be Net Zero by 2050 based on the approved Science Based Targets. With unique solutions such as carbon-compensated Radisson Meetings, we make sustainable hotel stays easy. To facilitate sustainable travel choices, all our hotels are becoming verified on Hotel Sustainability Basics. 

The health and safety of guests and team members remain a top priority for Radisson Hotel Group. All properties across the Group’s portfolio are subject to health and safety requirements, ensuring we always care for our guests and team members. 

For more information, visit our corporate website. Or connect with Radisson Hotels on:  

LinkedIn | TikTok | Instagram | Facebook | YouTube | WhatsApp | X 

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Frontier Airlines forecasts revenue boost from Spirit collapse

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Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport.

Leslie Josephs/CNBC

Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight.

“Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per available seat mile] uplift of 3% to 5% going forward,” Frontier’s chief commercial officer, Bobby Schroeter, said on an earnings call Tuesday.

Just before Spirit ceased operations, marking the biggest U.S. airline collapse in a generation, the budget airline had 35% overlap with Frontier’s seats and 31% with JetBlue Airways‘ seats in the market, according to an analysis published Sunday by Raymond James analyst Savanthi Syth.

Spirit Airlines collapsed — here's what happens next

Frontier shares were up more than 6% in afternoon trading after it released first-quarter results, outpacing the broader market.

Frontier said it expects unit revenue to rise more than 20% in the second quarter, citing strong demand and less competition on its routes. It expects adjusted losses per share of between 45 cents and 60 cents.

Frontier was Spirit’s planned merger partner four years ago before JetBlue swooped in with an all-cash offer in a deal that was eventually blocked by a U.S. judge in 2024.

In Spirit’s final months, airlines had been adding flights on its routes or crafting expansion plans behind the scenes. JetBlue, for example, said it would add a host of service at Fort Lauderdale-Hollywood International Airport in Florida, Spirit’s former home hub.

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The jet fuel crisis is ‘a slow motion car crash’, says Kpler’s Matt Smith

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Matt Smith, Kpler director of commodity research, joins ‘Squawk Box’ to discuss the state of energy prices, impact of rising jet fuel costs on travel, whether the shortage in jet fuel will lead to more flight cancellations, and more.

04:34

an hour ago

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Samsung Biologics Listed on Dow Jones Best-in-Class World Index for Fifth Consecutive Year

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  • Marks five consecutive years of inclusion, reflecting continued progress in ESG management and execution
  • Recognition highlights proactive alignment with evolving expectations from global stakeholders

INCHEON, South Korea, May 5, 2026 /PRNewswire/ — Samsung Biologics (KRX: 207940.KS), a leading contract development and manufacturing organization (CDMO), announced that it has been included in the Dow Jones Best-in-Class World Index (formerly the Dow Jones Sustainability Index) for the fifth consecutive year, reaffirming the company’s continued commitment to sustainable growth and responsible business practices.

The annual index review is based on S&P Global Corporate Sustainability Assessment (CSA), a globally recognized benchmark that evaluates over 2,500 companies across a broad range of environmental, social, and governance (ESG) criteria, including risk management and operational performance. Companies ranked within the top tier of their respective industries are selected for index inclusion.

Samsung Biologics was recognized for its dedication to improving its overall performance through enhanced sustainability data disclosures and the continued advancement of ESG management practices. The company delivered strong results across key areas, including supply chain management, environmental stewardship, and workplace health and safety. These outcomes demonstrate the company’s ability to embed ESG considerations across its operations and business practices.

“This recognition acknowledges our steady progress in strengthening the sustainability management framework across all areas of the business,” said John Rim, President and CEO of Samsung Biologics, who also serves as a champion of the Sustainable Markets Initiative (SMI) Supply Chains Working Group. “We remain committed to responsible growth, transparent operations, and long-term value creation for clients, communities, and stakeholders.”

The continued inclusion also underscores Samsung Biologics’ proactive response to evolving expectations from global investors and stakeholders, while providing objective recognition of the company’s sustainability performance. Samsung Biologics continues to advance its ESG initiatives through disciplined execution, responsible operations, and transparent governance. This year, the company received an EcoVadis Platinum rating and also won a sustainability award at the CDMO Leadership Awards.

About Samsung Biologics

Samsung Biologics (KRX: 207940.KS) is a leading contract development and manufacturing organization (CDMO), offering end-to-end integrated services that range from late discovery to commercial manufacturing.

With a combined biomanufacturing capacity of 785,000 liters across Bio Campuses I and II in Korea, and 60,000 liters from its manufacturing facility in Rockville, Maryland, U.S., Samsung Biologics holds a total global manufacturing capacity of 845,000 liters. The company has also secured land for Bio Campus III, laying the groundwork for future capacity expansion to support next-generation therapies and emerging modalities.

Samsung Biologics’ global manufacturing and commercial network spans Korea, the U.S., and Japan. Samsung Biologics America supports clients based in the U.S. and Europe, while its Tokyo- and Songdo-based sales offices serve the APAC region.

Samsung Biologics leverages cutting-edge technologies and expertise to advance diverse modalities, including multispecific antibodies, fusion proteins, antibody-drug conjugates, and mRNA therapeutics. By implementing its ExellenS™ framework across its manufacturing network with standardized designs, unified processes, and advanced digitalization, Samsung Biologics ensures plant equivalency and speed for manufacturing continuity.

Samsung Biologics continues to invest in new capabilities to maximize operational and quality excellence, ensuring flexibility and agility for clients. The company is committed to the on-time, in-full delivery of safe, high-quality biomedicines, as well as to making sustainable business decisions for the betterment of society and global health.

For more information, visit https://samsungbiologics.com/.

Media contacts

Claire Kim, Senior Director cair.kim@samsung.com
Becky Lee, Director brite.lee@samsung.com

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Underwater robotics expert reveals ‘shipwreck city’ hiding beneath major urban lake

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An underwater robotics specialist is revealing a “shipwreck city” hiding beneath a lake in a major West Coast hub — and much of it remains a mystery.

Remotely operated vehicle (ROV) specialist Phil Parisi is working to verify and document nearly 100 “targets” in Lake Union, a central lake in Seattle, Washington.

The urban lake has served as a working waterway for over a century, supporting shipbuilding and vessel traffic in the Emerald City.

WISCONSIN RESEARCHERS STUNNED BY DISCOVERY OF LAKE MICHIGAN ‘GHOST SHIP’ LOST SINCE 1886 STORM

The expert told KING 5 that about half of those sites, which were previously mapped but not visually confirmed, are believed to be shipwrecks — and not all of them have been explored by divers.

To bridge that gap, Parisi uses ROVs to document targets identified in sonar surveys.

Split image of underwater ship, Parisi taking a selfie with team

Phil Parisi, seen at right in the foreground, is using remotely operated vehicles to investigate underwater targets in Lake Union, aiming to confirm which sites are shipwrecks and better understand the lake’s maritime history. (shipwreckcity.org)

“We need to document what these wrecks look like today,” Parisi told KING 5.

He described deeper portions of the lake as a “ghost town,” where plant life drops off beyond about 25 feet.

ARCHAEOLOGISTS UNCOVER CENTURIES-OLD SHIPWRECK BENEATH HISTORIC CITY: ‘UNIQUE SOURCE OF KNOWLEDGE’

“There is a harsh lack of life,” Parisi said.

But what the lake lacks in marine life, he said, it makes up for in wreckage.

Split image of diver, underwater wreck in Seattle

Nearly half of the mapped targets in Lake Union are believed to be shipwrecks, though many have not yet been visually confirmed or explored by divers. (shipwreckcity.org)

“It’s crazy that there’s so much down there,” he added, according to KING 5. “It’s shocking to me. I was stunned. Looking at these maps — it’s shipwreck city.”

Parisi told Fox News Digital that, while roughly 40 sites have already been documented, dozens more identified in sonar surveys have yet to be visually confirmed — work he is now taking on.

MAN FISHING WITH GRANDSON UNCOVERS MYSTERY WRECKAGE IN MUD FLATS, ARCHAEOLOGISTS INVESTIGATING

Parisi and his team use GPS to get close to targets, then rely on sonar to locate them in low-visibility waters.

“Flying blind through murky, low-visibility waters is difficult, so we rely on ROV-mounted sonars to ‘see’ and determine the target’s relative position,” he said.

“Many wrecks are tucked underneath, and some marina owners are reluctant to let us film beneath their docks.”

“Then, we descend to the bottom and fly toward the sonar signature until the target appears on the live ROV camera.”

Because of pollution in Lake Union, Parisi said his team relies on ROVs rather than scuba divers.

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“It’s nice not having to worry about contaminants,” he said.

But they still face challenges, particularly with Seattle’s piers lining the lake.

The word IRENE on a ship covered in biofoul

Identifying details on submerged vessels are often obscured by biofouling, rust and environmental degradation, making documentation difficult. (shipwreckcity.org)

“Many wrecks are tucked underneath, and some marina owners are reluctant to let us film beneath their docks,” he said.

“Additionally, when we do arrive at a wreck, gathering identifying information can be extremely difficult. Biofouling, rust, poor public anchoring techniques and other environmental degradation often shed registration stickers, obscure painted hull names, and cause wrecks to collapse.”

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Asked about describing the lake as a “shipwreck city,” Parisi said two things stand out about the underwater sites: the shallowness of Lake Union and the large number of “unknown” targets that remain.

“The lake is surprisingly shallow compared to other bodies of water in the Puget Sound, meaning lake goers are a stone’s throw from the sunken maritime history yet are often unaware,” said Parisi.

“Every place holds incredible landmarks and hidden treasures, yet we’re often distracted by the humdrum of life.”

“Secondly, documentation or footage is missing for over half of the nearly 100 targets in the lake, leaving a huge gap in our understanding of what’s down there.”

Parisi said the work isn’t a new discovery, but builds on earlier sonar surveys and dive records that mapped the sites.

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He also stressed the importance of local exploration, saying he wants Americans “to be excited about what’s in their own backyard.”

Split image of underwater wreck, analyst on computer

“We need to document what these wrecks look like today,” Parisi said, describing the ongoing effort to capture current conditions of submerged vessels. (shipwreckcity.org)

“Every place holds incredible landmarks and hidden treasures, yet we’re often distracted by the humdrum of life,” said Parisi.

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“When you get the chance, allow curiosity to take over and do a deep dive into your local city or town’s history — it is amazing what happened not so long ago, and it never disappoints!”

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