Facebook Faces Irish Ruling on Suspension of EU-U.S. Data Flows

Facebook Inc. FB 0.90% and other tech giants are awaiting an Irish ruling that could help…

Alibaba Posts First Loss Since Going Public After Antitrust Fine

Alibaba Group Holding Ltd. BABA -6.28% posted its first-ever quarterly loss since it went public after…

Canadian National Takes Lead in Bidding for Kansas City Southern

Canadian National Railway Co. CNI 0.26% took the lead in the race to acquire Kansas City…

Disney Adds Fewer Streaming Subscribers Than Hoped; Revenue Falls Short

LOS ANGELES—The streaming boom that defined Hollywood during Covid-19 is slowing down for now. Weeks after…

DoorDash’s Revenue Triples Amid Sustained Demand for Food Delivery

DoorDash Inc.’s DASH 2.21% revenue tripled in the first quarter, showing sustained demand for food-delivery services…

Hear.com, Zenvia Postpone IPOs Because of Choppy Stock Market

Hearing-care services provider Hear.com NV and communication-technology company Zenvia Inc. postponed their initial public offerings due…

WSJ News Exclusive | Smart & Final to Be Sold to Mexican Retail Giant

The acquisition of Smart & Final Stores will allow the U.S. unit of Grupo Comercial Chedraui…

Fed’s Waller Says Inflation Jump Likely Temporary, Urges Patience

WASHINGTON—The U.S. economy is “going gangbusters,” but the Federal Reserve needs to see several more months…

Airbnb’s Bookings Improve, Revenue Recovers

Airbnb Inc. ABNB -3.21% reported more than $10 billion in bookings in the latest period while…

Big Companies Woo Scarce Hourly Workers With Higher Pay, Bonuses

The fight is on for lower-wage workers. Some of the biggest U.S. employers of entry-level workers…

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