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Airbnb Boosts IPO Price Range to Between $56 and $60 a Share

The home-rental company plans to boost the proposed price range of its initial public offering to between $56 and $60 a share, the latest sign that the red-hot IPO market is ending the year on a high note.

The Wall Street Journal |  | Fuente original

Covid Shrinks the Labor Market, Pushing Out Women and Baby Boomers

Nearly four million Americans have stopped working or looking for jobs, a 2.2% contraction of the U.S. work force. A smaller labor market leaves fewer workers to build machines and clean tables, restraining the economy’s long-term prospects.

The Wall Street Journal |  | Fuente original

WSJ News Exclusive | U.S. in Talks With Huawei Finance Chief Meng Wanzhou About Resolving Criminal Charges

The Justice Department is discussing an arrangement with Meng Wanzhou that would allow her to return home to China from Canada, in exchange for admitting wrongdoing in a criminal case that has strained Beijing’s relations with the U.S. and Canada.

The Wall Street Journal |  | Fuente original

Dyal Capital in Talks to Combine With Owl Rock Capital

The talks are part of a complicated deal with a special-purpose acquisition company that would value the fast-growing asset managers at about $13 billion combined and take them public.

The Wall Street Journal |  | Fuente original

China Has One Powerful Friend Left in the U.S.: Wall Street

A U.S.-China trade deal left many U.S. industries disappointed, but financial firms such as BlackRock see a potential windfall.

The Wall Street Journal |  | Fuente original

The Covid Pandemic Could Cut Business Travel by 36%—Permanently

Between 19% and 36% of all business trips could disappear, given efficiencies developed during the lockdown, our Middle Seat columnist and airline experts estimate.

The Wall Street Journal |  | Fuente original

Pfizer and BioNTech’s Covid-19 Vaccine Wins U.K. Authorization

Britain became the first Western nation to grant emergency-use authorization for a Covid-19 vaccine, clearing a shot developed by Pfizer and Germany’s BioNTech to be distributed in limited numbers within days.

The Wall Street Journal |  | Fuente original