Airbnb Plans Dual Stock Sales to Push Off IPO

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Airbnb lined up investors for a new funding round and an employee stock sale that values the room-rental website at up to $30 billion and helps defer an initial public offering, said people familiar with the matter.

Anti-Immigration Feelings Aren't Driven by Economic Anxiety

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Current anti-immigration rhetoric blames the foreign-born for job losses and low wages. But evidence for a link between economic circumstances and public acceptance of immigrants is weak, suggesting ways to counter populist opposition, Greg Ip writes.

GM's U.S. Market Share Shrinks as Auto Sales Peak

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U.S. market share for the nation’s largest car maker has tumbled to a more than three decade low amid strong demand as its dealers say they are saddled with too many cars and too few pickups and SUVs.

Monsanto Mum on Bayer Deal as Profit, Sales Slip

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Monsanto said it has been discussing deals with Bayer and others, adding there is value in the “right combination,” as the biotech seed giant navigates numerous challenges facing the agricultural sector.

How the 'Bralette' Has Upended Victoria's Secret

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Victoria’s Secret has a problem and it’s not much of a secret: athleisure is upending the bra business.

Massachusetts Court to Hear Next Chapter in Redstone Saga

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A Massachusetts court is preparing for a hearing Thursday in the latest chapter of the legal battle surrounding media mogul Sumner Redstone.

United Continental Flight Attendant Leaders Endorse Tentative Deal

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The elected leaders representing 25,000 flight attendants at United Continental Holdings Inc. unanimously agreed to put a tentative contract agreement to a membership vote later this year, the union said.

FCC Acquires Large Swath of TV Airwaves in Auction

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The Federal Communications Commission said it acquired $86.4 billion worth of wireless airwaves from television broadcasters in the first phase of a complex auction, an effort designed to free up TV spectrum for cellular use.

U.S. Pending Home Sales Fell 3.7% in May

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A gauge of upcoming home sales slid in May, a possible sign of slowing in the U.S. housing market heading into the summer months.

Hard Rock Las Vegas Reports Card Data Breach

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The Hard Rock Hotel & Casino in Las Vegas said Monday that customer payment-card data was accessed after malware was placed on the resort’s payment-card system, becoming the latest hotel to report such a breach.

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