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For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same
Lyft’s New Boss Quickly Loses His Signing Bonus
Markets Heard on the Street Relief over founders’ exit gives way to worries about new CEO and Lyft’s dwindling share Source link
Carnival Forecasts Another Loss This Year as Cruise Costs Rise
Business Earnings Projected loss comes as Royal Caribbean, Norwegian Cruise expect to post profits this year Source link
Lyft Hires New CEO as Founders Step Back
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. Source link
Carnival's Ship Will Come In Eventually
The leading cruise line’s recovery is delayed amid a mountain of debt, but it has a path to profitability. Source link
Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App
WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu Source link
Retailers Reaping Big Savings on Ocean Transport Costs
Container lines are slashing thousands of dollars from contract rates in a bid to fill up ships. Source link
American Airlines to Temporarily Suspend Route Due to Boeing Dreamliner Delays
WSJ News Exclusive Business Airline says it will halt Philadelphia-Madrid route for several weeks in May and early June Source link