US Business

The pricing sets the Airbnb’s valuation at about $47 billion, marking the latest sign of exuberance in the IPO market and a key milestone in the company’s turnaround.

The Federal Trade Commission and a bipartisan group of state attorneys general brought broad antitrust allegations against the social-media giant, accusing it of a yearslong campaign to buy up or freeze out potential rivals.

DoorDash’s stock price jumped 86% on its first day of trading, valuing the food deliverer at more than $70 billion, higher than many of the restaurant clients it serves.

“I think there might be too many M.B.A.s running companies,” Tesla’s chief executive says. Many business-school leaders fire back, arguing his comments don’t match the reality of what is taught in M.B.A. programs.

AT&T received bids for its DirecTV unit valuing the satellite-TV service at more than $15 billion including debt, with Michael Klein’s blank-check company among the bidders.

As countries including the U.S. authorize Covid-19 vaccines and begin inoculations, the U.K. will emerge as a laboratory for what is possible at high speed and what might go wrong.

The Tesla chief’s relocation makes him one of the highest-profile executives yet to leave Silicon Valley during the pandemic. He said California had become complacent with its innovators and taken them for granted.

The meal-delivery company’s initial public offering, capping a stunning run-up in valuation, is the latest sign of new-issue strength.

The cybersecurity company said the attack compromised its software tools used to test the defenses of its thousands of customers.

A blank-check company backed by former Allergan Chief Executive Brent Saunders is set to merge with a private equity-backed health and beauty company in a deal valued at $1.1 billion.