Exclusive: Behind Airbnb’s bet on show business to hook travelers

Exclusive: Behind Airbnb’s bet on show business to hook travelers
SAN FRANCISCO (Reuters) – Hollywood has a new suitor in Silicon Valley. FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato Airbnb Inc, the high-flying startup for booking home rentals around the world, has ambitions to develop a slate of original shows to whet customers’ appetite for travel, four... Read More

FAA paves way for Alphabet unit to make first U.S. drone deliveries

FAA paves way for Alphabet unit to make first U.S. drone deliveries
FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay WASHINGTON (Reuters) – Alphabet Inc’s Wing Aviation unit on Tuesday got the okay to start delivering goods by drone in Virginia later this year, making the sister unit of search engine Google the first company to get U.S.... Read More

P&G operating margin, grooming product sales dip on strong dollar; shares drop

P&G operating margin, grooming product sales dip on strong dollar; shares drop
(Reuters) – Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3% in morning trading. FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen... Read More

Bombardier eyes higher sales from retrofitting trains

Bombardier eyes higher sales from retrofitting trains
MONTREAL (Reuters) – Canada’s Bombardier Inc sees higher sales from modernizing existing rail cars as the company works to further diversify its largest division as measured in revenue, a spokesman said this month. FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann Bombardier projects that a quarter of its transportation... Read More

U.S. names experts to Boeing certification review panel

U.S. names experts to Boeing certification review panel
FILE PHOTO: U.S. Department of Transportation Secretary Elaine Chao speaks to the news media outside of the West Wing of the White House in Washington, U.S., March 4, 2019. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – U.S. Transportation Secretary Elaine Chao said on Monday she named four experts to a blue-ribbon committee to review the Federal Aviation Administration’s (FAA) aircraft certification... Read More

Kraft Heinz hires global brand expert Patricio as CEO

Kraft Heinz hires global brand expert Patricio as CEO
(Reuters) – Kraft Heinz Co named Miguel Patricio as its next chief executive on Monday, hoping the 30-year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world’s largest packaged food companies. FILE PHOTO: A Heinz Ketchup bottle sits between a box of Kraft macaroni and cheese and a bottle of Kraft... Read More

Huawei says launches ‘world’s first’ 5G communications hardware for autos

Huawei says launches ‘world’s first’ 5G communications hardware for autos
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic/Illustration BEIJING (Reuters) – China’s Huawei Technologies launched on Monday what it said was the world’s first 5G communications hardware for the automotive industry, in a sign of its growing ambitions to become a key... Read More

Boeing 737 MAX joint governmental review will begin April 29: FAA

Boeing 737 MAX joint governmental review will begin April 29: FAA
FILE PHOTO: A 737 Max aircraft is pictured at the Boeing factory in Renton, Washington, U.S., March 27, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Friday that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include 9 other aviation regulators from around the world.... Read More

Uber’s self-driving unit valued at $7.25 billion in new investment

Uber’s self-driving unit valued at $7.25 billion in new investment
SAN FRANCISCO (Reuters) – Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering. FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo... Read More