News Highlights: Top Company News of the Day
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
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
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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