Intel's Earnings Dented By Chip Shortage 

The semiconductor company enjoyed strong demand, though some sales have been delayed.

Snap Shares Slide as It Blames Apple's Privacy Changes for Hurting Its Ad Business 

The social-media company posted revenue and user growth in the latest quarter but expects growth to slow.

Pinterest's Marketing Allure Drives Suitors' Interest 

PayPal wants to buy the social-media platform, which offers a coveted female user base and a focus on spurring e-commerce sales.

Blackstone Can Deal With Rising Rates 

Alternative asset managers have been big beneficiaries of low rates and surging market values, but their upswing could continue even if those things don't.

Rail-Yard Congestion Holds Down Shipping Volumes 

CSX and Union Pacific say higher prices are helping revenue, but shortages of workers and equipment have them turning down business.

DWAC, the Trump Social-Media SPAC, Quadruples 

Investors piled into shares of the special-purpose acquisition company taking former President Donald Trump's new social-media platform public, igniting a buying frenzy reminiscent of the SPAC craze from early this year.

Southwest Airlines to Cut Flights Amid Staffing Shortages 

Southwest said a cascade of cancellations earlier this month cost it $75 million, and it's planning to throttle back on flying to prevent similar incidents.

WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO 

The shared-office company, which combined with a SPAC, has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.

Facebook Is Rebuked by Oversight Board Over Transparency 

The board said the company hadn't been forthcoming about how it exempts high-profile users from its rules and that it is drafting recommendations for how to overhaul the system, following a WSJ investigation.

IPG Raises Organic Growth Expectations as Pandemic Impacts Improve 

Ad holding company Interpublic Group of Cos. saw organic growth of 15% in the third quarter.


(END) Dow Jones Newswires

October 21, 2021 17:15 ET (21:15 GMT)

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