Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.
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EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.
As vehicles become more connected and autonomous, they also collect a lot more data.
Oil industry titan Shell has sold millions of carbon credits linked to CO2 removal that never actually occurred, the Financial Times found.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.
UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.
On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.
The Trump administration promised to drastically cut prescription drugs prices in the US, where the industry makes most of its money.
The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
Future battlefields will be shaped by AI weapons that defense firms and Big Tech are vying to build for the military. Guardrails are lagging.