Edinburgh council has said a drop in Airbnb listings in the Capital suggests its crackdown on short-term lets is working. Officials noted there were around 3,350 fewer whole properties being offered for short-term letting on the booking site at the end of last year compared to 2019. The local authority has introduced new licensing and planning rules in a bid to “manage the number and location of STLs across the city”. Planning convener James Dalgleish said the “end result” of these would...
As part of the 2024 federal budget that was unveiled Tuesday, Ottawa has recommitted to spending $50 million to help municipalities limit the number of short-term rentals.
Tesla shares fell again on Monday after another round of aggressive price cuts, but ARK Invest's Tasha Keeney remains bullish ahead of earnings Tuesday.
The comments from the General Dynamics chief come on the same day President Joe Biden signed the national security supplemental, which includes billions for the sub industrial base.
Erik ten Hag's first Man United midfield provided short-term gains but they are unlikely to be at the club for the long term.
(Bloomberg) -- ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ estimates, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After...
Spotify reported first quarter earnings before the bell on Tuesday. Here's
Automotive parts company LKQ (NASDAQ:LKQ) missed analysts' expectations in Q1 CY2024, with revenue up 10.6% year on year to $3.70 billion. It made a non-GAAP profit of $0.82 per share, down from its profit of $1.04 per share in the same quarter last year.
Airbnb wants to enable more renter not just homeowners to share their residences for cash.
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecastMeta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. The company plans to spend even more on AI in the coming months, though, and its share price slumped more than 15% as the company reported earnings Wednesday. A weak sales forecast and higher spending guidance rattled investors.Mark Zuckerberg said his...
Gov. Josh Green on Tuesday pledged to sign a bill into law that would give each county clear authority over vacation rentals — including the possibility of banning them — if it arrives on his desk, as expected.
Truist Financial Corp. posted lower first-quarter lending profits than