Former Apple Executive Among CEO Candidates for New Sports-Streaming Venture

The planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package. 


 
Lyft Earnings Typo Sends Stock Soaring

The release accidentally added an extra zero to a key number. 


 
Airbnb Beats Revenue Forecast as Bookings Grow

The company said it is at an inflection point, continuing its expansion into foreign markets. 


 
Jeff Bezos Sells Amazon Shares Worth Over $2 Billion

Founder has sold roughly 12 million shares in the past few days. 


 
Robinhood Stock Soars After It Posts Surprise Profit

Robinhood shares rose 9% to $12.90 in after-hours trading. 


 
Instacart Lays Off 7% of Staff Amid Rising Competition and Food Costs

The grocery-delivery company's revenue rose and profit fell last quarter. 


 
Walmart in Talks to Buy TV Maker Vizio

The retail giant is discussing a more than $2 billion deal that would boost its advertising business in the battle with Amazon. 


 
Paramount to Cut 800 Jobs Even as CEO Bakish Touts 'Blockbuster' Super Bowl

Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority. 


 
CBA 1H Profit Falls 8%, Raises Dividend

CEO Matt Comyn said the bank expects an "uptick in our arrears and impairments." 


 
Wood Pellet Maker Enviva Prepares to File for Bankruptcy

The nation's largest exporter of wood pellets is planning to file for chapter 11 after a failed gamble on future commodities prices


(END) Dow Jones Newswires

02-13-24 2115ET