US Business

Airbnb confidentially filed paperwork for an initial public offering, marking a surprising turnaround for a company whose business was initially ravaged by the coronavirus pandemic.

The president responded on Twitter to reports that the tire company prohibited workers from wearing politically affiliated slogans at work, including his re-election campaign’s “Make America Great Again” message.

Nvidia continued its run of strong financial performance during the pandemic, posting record sales in the latest quarter propelled by strong demand for online gaming and remote computing services.

Shares of the technology giant eclipsed the $467.77 mark needed to become the first U.S. public company to hit $2 trillion in market capitalization. The stock has more than doubled from its March 23 low, boosted by steady demand for the company’s devices.

A key decision in the debate over how to classify drivers is expected this week, and the ramifications could be global.

Roche has agreed to help manufacture and distribute a promising investigational drug—code named REGN-COV2—being developed by Regeneron, a pairing of rivals that could more than triple supplies of the medicine if it is authorized by regulators.

President Trump voiced support on Tuesday for Oracle to buy the U.S. operations of TikTok, adding a fresh wrinkle to the bidding for the Chinese-owned video-sharing app.

NBCUniversal said the towering Hollywood figure stepped down after failing to properly disclose that he had paid a settlement to a woman with whom he had a consensual affair several years ago.

Amazon.com is expanding its physical offices in six U.S. cities and adding thousands of corporate jobs in those areas, an indication that it is making long-term plans around office work.

The country’s largest companies are set to report their biggest quarterly revenue decline in more than a decade. Still, some saw sharp gains as coronavirus reshaped spending patterns.