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The $1 billion in cash Airbnb announced Monday that it has raised likely won't last the company very long. Even before the coronavirus epidemic hit, the travel startup was losing money; thanks to the crisis, its losses and cash burn have likely exploded. In a worst-case scenario, it might not have enough cash to last a year, despite the new funding. More likely, thanks...

Property managers who list accommodations on Airbnb weren't overly impressed with the plan the company announced Monday to help them out. The $250 million fund the company set up to reimburse hosts for cancelled reservations will only cover a portion of lost revenue, and some property managers may see no benefit at all. The separate $10 million pot that Airbnb set aside for its...