Airbnb Seeks Big Boost From Rio Olympics

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Home-rental firm Airbnb is betting that its sponsorship of the Rio Olympics will cement its status as a mainstream lodging option in its fourth-largest market.

CEO Bonuses: How Pro Forma Results Boost Them

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Reported earnings faltered last year, but to help set bonus payments many companies relied on pro forma measures.

Communications Startup Twilio Files for IPO

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Communications start-up Twilio Inc. has filed to go public, betting on the strength of its cloud-based applications and the integration of communication services in everyday life.

Intel Buys Computer Vision Specialist Itseez

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Intel, moving to bolster its technology for use in cars and other new markets, is acquiring Russian company Itseez, which specializes in computer vision.

McDonald's French Headquarters Searched in Tax Probe

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French police raided McDonald’s France headquarters last week in connection to a tax fraud probe, making the fast food chain the latest U.S. company to come under fire in France for the way it pays its taxes.

India to Require Apple to Use Local Sourcing

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India’s finance ministry has rejected a government panel recommendation to exempt Apple from local sourcing requirements, two government officials said, in a decision that could effectively block the tech giant’s plan to open its own retail stores in the country.

The Oil Rally: What Comes After $50

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Oil has broken above $50 a barrel for the first time in 2016. There may be more gains to come.

Durable Goods Rose 3.4%, But Demand Still Soft

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Orders for long-lasting goods improved in April due to a surge in the volatile civilian-aircraft category, but underlying data shows businesses remain hesitant to invest.

U.S. Jobless Claims Fall for Second Straight Week

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The number of Americans applying for unemployment checks fell last week, suggesting employers continue to expand modestly and the labor market in the world’s largest economy remains strong.

Takata Explores Investment Possibilities With KKR, Others

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A steering committee for Takata, the troubled Japanese air-bag maker, has interviewed several private-equity funds and companies, including U.S. investment fund KKR & Co., about a possible investment.

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