Airbnb Adopts Work-From-Anywhere Approach, Including Overseas
Company hopes others will follow suit as digital nomads could become a bigger source of growth.
Twitter Earnings Shed Little Light on Ad Progress
The social-media company's advertising business, which accounted for 92% of its first-quarter revenue, is in focus after the board accepted a buyout offer from Elon Musk, who has criticized the company's reliance on ads
Apple Says China Lockdowns Loom Over Sales
The iPhone maker posted better-than-expected results for its latest quarter but warned that supply-chain disruptions remain a significant challenge.
Amazon Posts First Loss Since 2015 as Sales Growth Slows
The tech giant has seen a shopping slump and cost increases due to inflation, labor issues and supply chain challenges, while its stake in electric vehicle maker Rivian also weighed on results.
Intel CEO Sees Chip Shortage Lasting Into 2024
The semiconductor giant's chief executive, Pat Gelsinger, said the shortage will last longer than expected as the company reported a decrease in quarterly sales.
Robinhood Reports 43% Revenue Decline
The zero-fee brokerage has been adding a range of new products in an effort to build up its user base.
Coca-Cola Investigates Hacking Claim
The Stormous gang says it launched a cyberattack against Coke and is selling stolen data. But other hacks claimed by the group haven't been verified.
Singapore Banks' First-Quarter Earnings Fell
Singapore's three major banks first-quarter net fell mainly due to lower noninterest income, but they expect performance to improve ahead supported by rising interest rates and gradual reopening of economies from Covd-19 curbs.
Shareholder Proposals to Broaden Access to Covid-19 Vaccines Rejected
Investors in Pfizer, Moderna and Johnson & Johnson voted down shareholder proposals aimed at boosting supplies to poorer countries.
Carlyle's Earnings Miss Forecast While Assets Increase
Carlyle Chief Executive Kewsong Lee said a crowded market for private-equity funds is slowing some of the firm's fundraising efforts but that it has made headway through strategic deals.
(END) Dow Jones Newswires
04-28-22 2115ET
