MetLife, Allstate Post Strong Gains in Adjusted Earnings 
 

Pandemic's impact on industry hasn't been as bad as feared.

 
Fox to Acquire Clay Travis's Outkick Media 
 

While best known for its irreverent takes on sports news, in recent years Outkick Media has featured more content focused on political and social issues.

 
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.

 
Puma Promotes Insider to CFO as Company Projects Growth 
 

The German sportswear maker said Wednesday Hubert Hinterseher would take over from current CFO Michael Lämmermann on June 1. Mr. Lämmermann plans to retire after 28 years with the company, including the past eight years as finance chief, but will stay on as an adviser until the end of the year, Puma said.

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

The booster doses increased the immune responses against two variants of concern in an early study.

 
Car Companies' Profits Have Outrun the Chip Shortage-but Not for Long 
 

The worsening supply crunch of computer chips threatens to dampen summer sales for the auto industry.

 
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.

(END) Dow Jones Newswires

May 05, 2021 19:15 ET (23:15 GMT)

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