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Keyword: businesses

Airbnb shares slide on lower revenue forecast despite …

5/8/2024
SAN FRANCISCO (AP) — Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading Wednesday. …

Judge grills Apple exec about whether company is …

5/8/2024
OAKLAND, Calif. (AP) — A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, …

Beyond Meat revenue falls in Q1 on weak demand for …

5/8/2024
Beyond Meat reported higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad. The El Segundo, California-based company said its …

Georgia lawmakers vowed to restrain tax breaks. But …

5/8/2024
ATLANTA (AP) — Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year. Their efforts came to nothing. Gov. Brian Kemp on Tuesday vetoed a two-year pause in a …

Steward Health Care says it is selling the 30+ …

5/8/2024
Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company, which operates more than 30 hospitals …

The $230 billion donor-advised fund industry gets an …

5/8/2024
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to …

Slow to expand, internet casino gambling is the future …

5/8/2024
SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical …

Prada focuses generational transition on artisans, …

5/8/2024
The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos. …

FTX says most customers will get all money back, less …

5/8/2024
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court …

Edmunds: Trade or sell your car? What's best might …

5/8/2024
With used car prices dropping, it’s crucial to know the best way to maximize your return when you part ways with your current car. We’ll show you the pros and cons of trading in your old car as …

Biden heads to Wisconsin to laud a new Microsoft …

5/8/2024
WASHINGTON (AP) — President Joe Biden is racing into yet another battleground state Wednesday, continuing to push a contrast with Donald Trump on economic policy as his own reelection campaign …

Former Las Vegas casino executive to be sentenced in …

5/8/2024
A former top executive at Las Vegas Strip casinos will face a judge in Los Angeles and possible federal prison time after pleading guilty to violating federal anti-money laundering rules. Scott …