Intel CEO Sees Prolonged Chip-Supply Constraints 

The semiconductor giant's new chief executive said a global chip-supply shortage could stretch two more years as the company posted weaker quarterly earnings.

Snap Won't Lose Its Luster 

Snap Inc. reported better-than-expected results and bets it can get just as many clicks out in the wild as it can in users' bedrooms.

Hartford CEO Surprised by Chubb Proposal; Board Has Rejected Three 

Hartford CEO Christopher Swift said each of Chubb's proposals has been evaluated and unanimously rejected by the insurer's board.

Senators Raise Concerns About Tesla Safety 

Two Democratic senators want the top automotive-safety regulator to develop recommendations for improving advanced driver-assistance systems such as Tesla's Autopilot.

EQT Closes on $18.8 Billion for Latest Buyout Fund 

The firm's ninth flagship vehicle is among the largest funds ever raised by a European private-equity manager.

Southwest, American Say Leisure Travel Is Rebounding 

Airline executives said travel demand hit an inflection point in February or March, after languishing for most of last year. They hope the trend will continue into the summer vacation season.

Credit Suisse Needs a New Strategy 

Raising new capital will reassure wealth-management clients, but CEO Thomas Gottstein's attachment to a crisis-prone business mix is worrying.

Ship Operators Move Toward LNG to Pare Emissions 

Natural gas-powered vessels are becoming more popular as a halfway measure as a search continues for non-carbon-based fuels.

Bankrupt Liberty Power Lender Clashed With CEO Over Texas Storm Bill 

Liberty Power Holdings, a competitive electricity provider to homes and businesses in 14 states, filed for bankruptcy on Tuesday in the U.S. Bankruptcy Court in Fort Lauderdale, Fla., after defaulting on an invoice from lender Boston Energy Trading and Marketing LLC.

At-Home Coffee Boom During Pandemic Powers Sales at Nestlé 

The packaged-food giant's focus on coffee is paying off, as consumers turned to Nespresso pods and Starbucks-branded products.


(END) Dow Jones Newswires

April 22, 2021 21:15 ET (01:15 GMT)

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