Airbnb Inc., which reported its first profitable year in 2022 two years after the pandemic brought the business to the brink of extinction, is now focused on improving its core product for the millions of guests and hosts who have flocked to the home-sharing platform.
Investors are betting one major central bank will successfully navigate the policy tightening required to cool inflation without sending its economy into reverse: the Reserve Bank of Australia.
Senator John Fetterman will return to the US Senate the week of April 17, two months after checking himself into a hospital for depression, according to a person familiar with the Pennsylvania Democrat’s plans.
New Zealand’s government is seeking feedback on proposals for a second crossing for Auckland’s Waitemata Harbour to solve growing traffic congestion problems.
Chevron Corp., BP Plc. and other oil giants bid a combined $264 million in a Biden administration oil-drilling auction, a fresh affront to climate activists smarting from the White House’s approval of an Arctic exploration project.
Nick Clegg, head of global affairs for Meta Platforms Inc., took to the metaverse on Wednesday to insist that the future of computing will take place on that still not-quite-yet-defined virtual world.
Treasury Secretary Janet Yellen told lawmakers that the Biden administration’s proposed international aid spending in Ukraine and elsewhere is critical to strengthening Washington’s leadership abroad and advancing American security interests. Congressional Republicans said US assistance could be better used for domestic priorities.
Federal Reserve Chair Jerome Powell, asked in a private meeting with US lawmakers how much further the central bank will raise interest rates this year, pointed to policymakers’ latest forecasts showing they anticipate one more increase, according to Republican Representative Kevin Hern.
Maker of football, soccer titles sees $200 million in costs from restructuring
JetBlue Airways Corp. is preparing to trim New York flights during the upcoming “very busy” summer travel season after federal regulators asked carriers to reduce schedules by as much as 10% at some of the nation’s busiest airports.
