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One thing not in short supply right now are product announcements in the online travel sector. Over the past two weeks both Airbnb ABNB 2.62% and Uber Technologies UBER 2.46% have unveiled big, multipronged platform updates, ostensibly to better serve consumers and make them more comfortable using their platforms as pent-up travel demand surges. The changes are as crucial to their…

Marriott International Inc. is introducing a media network this month with Yahoo Inc. that will help advertisers target consumers, in part by using the hotel chain’s data on its guests, to bring them ads on places such as the hotel’s websites and, eventually, on the TV sets in their rooms. Marriott Media Network comes as the marketing industry is developing new ways to reach consumers amid a wave of privacy changes, including a plan by Alphabet Inc.’s Google to…

A McDonald’s in Moscow. Photo: The Wall Street Journal McDonald’s…

Dutch Bros Inc.’s BROS -26.94% shares plunged to new lows Thursday after the company warned of slowing sales growth as inflation keeps younger customers away from their afternoon coffee breaks. The drive-through coffee chain on Wednesday said that it expects same-store sales, a key industry metric that reflects sales at locations open at least 15 months, would be flat for the year, down from an earlier view of rising in the…

Unionization efforts in two large American employers demonstrate some of the broader trends playing out in the U.S. labor movement.There are two key differences between unionization campaigns at Amazon.com Inc. AMZN 0.06% and Starbucks SBUX -2.22% : Starbucks petitions have been more frequent and much smaller in bargaining size compared with Amazon. As of May 5, more than 240 Starbucks locations have filed election…

Chinese companies like Alibaba Group Holding Ltd. BABA -5.79% are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock prices and signal confidence in the long-term outlook. The dividend payouts and stock repurchases could help support a market that has been rattled by a series of challenges, which range from the economic impact of Beijing’s Covid-19 policies and sweeping regulatory crackdowns to concerns…

DoorDash Inc.’s DASH -1.42% revenue rose last quarter, showing that consumers stuck to getting food and household essentials delivered even as more restaurants and stores reopened.Revenue for the three months ended March grew 35% to $1.46 billion from a year earlier, when fresh Covid-19 concerns caused people to hunker down. Analysts surveyed by FactSet on average had predicted $1.38 billion in revenue. The rate of growth for the quarter marked a sharp slowdown. The…

By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnb said it expects to post its first full-year net profit this year after its revenue climbed 70% last quarter as people continued to book suburban rentals despite hosts raising prices.The San Francisco company posted $1.5 billion in revenue in the three months through March. Analysts polled by FactSet on average had predicted $1.45 billion in revenue. By Preetika RanaUpdated May. 3, 2022 7:11 pm ETAirbnbsaid it expects to post its first full-year net profit this year…