AT&T's Revenue Rises as Wireless Unit, HBO Add Customers

AT&T added cellphone users, fiber-optic internet customers and HBO viewers during the first quarter, as the economy starts to come back after a year of coronavirus-related pressure.

Southwest, American Say Leisure Travel Is Rebounding

Airline executives said travel demand hit an inflection point in February or March, after languishing for most of last year. They hope the trend will continue into the summer vacation season.

At-Home Coffee Boom During Pandemic Powers Sales at Nestlé

The packaged-food giant’s focus on coffee is paying off, as consumers turned to Nespresso pods and Starbucks-branded products.

Intel's Earnings Are Expected to Retreat

Intel will report its first quarterly earnings Thursday since new CEO Pat Gelsinger took the helm and started fast-tracking efforts to re-energize the semiconductor giant.

Netflix, Disney and Amazon's Streaming Wars Heat Up Overseas

With the U.S. market saturated, the companies are slowing Hollywood exports and spending billions of dollars to make international content.

Jobless Claims Hit New Pandemic Low

Worker filings for jobless claims reached another Covid-19 low at 547,000 last week, the Labor Department said, a sign the labor market is strengthening.

Existing-Home Prices Climb on Tight Supply

Existing-home sales dropped 3.7% in March from February and the median sales price climbed to a record as a shortage of homes for sale limited transactions.

As Covid-19 Vaccines Lag, Europe Keeps Cheap Money Flowing

The European Central Bank kept its monetary stimulus unchanged, seeking to support governments and businesses through a fresh wave of Covid-19 infections that likely tipped the eurozone back into recession early this year.

GOP Senators Release Outline of $568 Billion Infrastructure Plan

The two-page Republican plan, a narrower alternative to President Biden’s $2.3 trillion plan, doesn’t provide specifics on how it would cover the cost of the bill, a central issue in the talks.

The Job Market Is Tighter Than You Think

Solid wage growth and unfilled openings point to much less slack than after the previous recession.

Tesla Should Brace for Impact in China

Tesla had its best month in China in March, but homegrown competitors are emerging.

Eldridge-Backed SPAC Scoops Up Ticket Reseller Vivid Seats

The deal values the pandemic-hit company at about $2 billion as Todd Boehly bets on a concert and sports rebound.

Corporate Tech Leaders Are Mixed on EU Artificial Intelligence Bill

Some technology executives say a proposed clampdown by European regulators on the use of artificial intelligence will run up costs and stifle innovation. Others say stronger oversight will help build public trust in AI systems.

T-Mobile's Former Chief Collected $137 Million in 2020

Much of the payment to John Legere hinged on the carrier’s consummation of its merger with Sprint, which has been a boon to investors.

Apple, Google Come Under Fire at Senate Antitrust Hearing

Lawmakers and mobile app companies took aim in a hearing focused on competition concerns about the tech giants’ power over their smartphone ecosystems.

Walmart Is Pulling Plug on More Robots

The retailer has been phasing out automated pickup towers for online orders as curbside services have become popular.

Audio Could Perk Up Facebook's Eyes and Ears

The social-media giant is looking to capitalize on the growth of interest in social audio, launching a series of new audio features including a competitor to Clubhouse.

Ford Prolongs Shutdowns at Several U.S. Plants Due to Chip Shortage

The auto giant is planning more downtime at five North American factories due to a global semiconductor shortage, further disrupting output of a popular SUV and the F-150 pickup.

Overtime Raises $80 Million From Jeff Bezos, Drake, NBA Stars and Others

Overtime Sports, which targets younger fans on digital and social platforms, has raised $80 million in funding to pursue plans including the launch of its own high-school basketball league.