Advertising payments from Expedia Group Inc.’s vacation home rental business to Alphabet Inc.’s Google ballooned 10 times over a five-year period, but failed to increase traffic after the search engine started showcasing its own flight and hotel information, a former executive of the company told a federal judge.
American International Group Inc. Chief Executive Officer Peter Zaffino said the biggest challenge to the insurance sector over the last decade has been “unpredictable risks” including the pandemic, wars and climate change.
Russia has been suspended from the Egmont Group of financial intelligence units.
Elliott Investment Management founder Paul Singer said the world is much more perilous than markets are pricing in and that investors should be more worried.
The northern US is on track for a mild winter, though New York and other East Coast cities should brace for the return of heavy snow storms after last winter’s virtually flake-free season.
Alphabet Inc.’s Google, Apple Inc. and Meta Platforms Inc. won approval from US regulators to deploy a new set of mobile virtual- and augmented-reality devices, including goggles and in-car connections.
The resumption of unimpeded Venezuelan oil exports after the US eased sanctions will mark yet another major reshuffle to global crude flows in the past two years.
Mexico’s three airport operators agreed to almost double the contributions they pay the government, adding hundreds of millions of dollars in costs, in a deal to placate President Andres Manuel Lopez Obrador after he criticized the industry’s profit margins.
West Virginia Senator Joe Manchin vowed the Mountain Valley Pipeline would be completed after the project’s owner Equitrans Midstream Corp. announced new delays and cost overruns for the controversial project.
Swiss watchmaker Audemars Piguet withdrew its donation of a unique timepiece from the upcoming Only Watch auction in Geneva after questions surfaced about the charity’s governance practices.
