Uber's First Quarter Shows Food Delivery's Continuing Strength

Uber Technologies' first-quarter bookings rose despite weak demand for its ride-sharing service, as sustained growth in its food-delivery business offset the slump in its core operations.

 
Moderna Says Its Covid-19 Booster Shots Show Promise Against Variants

Boosters increased immune responses against two variants of concern in early study

 
Hellman & Friedman Nears Deal to Buy At Home Group

Private-equity firm Hellman & Friedman LLC is nearing a deal to buy At Home Group Inc., according to people familiar with the matter, in a move that would take the home-decor retailer private.

 
Carson Block Calls for Delisting of Many Chinese Firms in U.S.

'We have...roughly 400 companies from China listed in the U.S. that are literally beyond the reach of investigation and enforcement,' the Muddy Waters founder said.

 
Google Adopts Hybrid Workweek, With 20% of Its Employees to Work Remotely

Google is adopting a hybrid workweek, allowing 20% of employees to work remotely, according to a company email, with most employees spending three days in the office and two days working elsewhere.

 
Peloton Recalls All Treadmills as CEO Apologizes

The exercise-equipment maker's decision came after the company had refused to comply with federal regulators who pushed for the move weeks ago, saying the product was responsible for dozens of injuries and at least one death.

 
Facebook Panel Upholds Trump Ban but Orders Review

The independent panel ruled that the social-media company was justified in banning Donald Trump's account after the U.S. Capitol riot, but in coming months Facebook must decide whether the former president is permanently locked out of the platform.

 
GM Shows Up Ford

The largest Detroit car maker seems to be cruising through the chip crisis without as many problems as its peers, but it is already an investor darling.

 
Canada Authorizes Pfizer-BioNTech Covid-19 Vaccine for Children 12 to 15

The decision marks the first time a Covid-19 vaccine will be available for children in North America, and comes as the U.S. and Europe are weighing similar requests.

 
New York Times Subscriber Gains Slow in First Post-Trump Quarter

New York Times Co. said its revenue rose 6.6% in the first quarter, even as digital-subscriber additions slowed sharply in the months since former President Donald Trump left office.

(END) Dow Jones Newswires

May 05, 2021 17:15 ET (21:15 GMT)

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