Airbnb Revenue Climbs on Record Nightly Bookings and Higher Prices
By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Starbucks Plans Barista Raises, Says Unionized Cafes Will Need to Bargain
Starbucks Corp. said it would boost pay for U.S. baristas who have been with the company for at least two...
Immigrants to Get Extension for Expiring or Expired U.S. Work Permits
WASHINGTON—Most immigrants with recently expired or soon-to-expire work permits will be able to continue working on those documents for up...
BP Takes $25.5 Billion Hit From Russia Exit
BP BP 0.49% PLC took a $25.5 billion pretax accounting charge related to its decision to exit its Russia holdings,...
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy...
Amazon Workers Reject Union in New York After Labor Victory at Separate Facility
Amazon.com workers voted against unionizing at a facility on Staten Island, N.Y., a win for the company after a loss...
EU Prepares Ban on Russian Oil
The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end...
Disney’s Clash With Florida Has CEOs on Alert
In private meetings and coaching sessions over the past few weeks, top business leaders have been asking a version of...
For Instacart Shoppers, the Job Is Getting Harder, Slower
The pandemic made shopping for Instacart Inc. one of the hottest jobs in the supermarket business. Now, it is getting...
Ukraine War Puts Spy Satellites for Hire in the Spotlight
AURORA, Colo.—Ukrainian forces hunting Russian tanks and tracking troop movement are being aided by imagery from a growing number of...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
Conservation Tax-Break Deals Keep Flowing Despite IRS Crackdown
WASHINGTON—More than six years into an Internal Revenue Service clampdown on what the agency says are abuses of land-conservation tax...
How the Owner of a Frozen-Yogurt Store Has Survived in a Volatile Industry
Veronica Tessler has seen the best and worst of the frozen-yogurt business.When she opened her self-service yogurt shop in 2011,...
Record Fertilizer Prices Drive Investors, Farmers to Microbes
Startups marketing alternative crop fertilizers said they are gaining traction among U.S. farmers and investors, pitching themselves as a potentially...
Tariff Probe Casts Shadow on U.S. Solar Build-Out
American utilities are anticipating a significant slowdown in the build-out of new solar farms amid a U.S. probe into Asian...
Apple’s Not-So-Secret Plan to Take Another Gigantic Bite of the Microchip Market
Apple AAPL -3.66% has shown it can design the brains of its devices, and is now poised to do something...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash
Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward...
WSJ News Exclusive | China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter,...
Elon Musk Sells About $4 Billion in Tesla Stock After Agreeing to Buy Twitter
Elon Musk sold roughly $4 billion worth of Tesla Inc. stock in the two days after agreeing to buy Twitter...
