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.

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.

Daimler Raises Mercedes Margin Target After Strong First-Quarter 

Daimler upgraded its full-year margin targets for Mercedes-Benz and its Mobility division after reporting a strong rise in first quarter profits and revenue.

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.

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.

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.

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.

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.

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.

Blackstone Notches Record $1.75 Billion Profit as Strategy Pays Off 

The firm's private-equity portfolio far outpaced the S&P 500 during the first quarter.


(END) Dow Jones Newswires

April 23, 2021 03:15 ET (07:15 GMT)

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