Airbnb and New York City settle rental law lawsuit
(Reuters) – Airbnb and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb filed the suit in October after New York state enacted a law imposing fines of up to $7,500 on hosts who advertise illegal short-term rentals on platforms like Airbnb. Airbnb had contended that the law’s ambiguous wording could allow New York authorities to apply it to onli..>> view originalFor now, Trump bears signs of a dealmaker, not a policymaker
WASHINGTON — He phones. He kibitzes. He cajoles. He threatens. He rewards. It’s a freewheeling style that President-elect Donald Trump used to stop Carrier from shipping 800 jobs from an Indiana factory to Mexico. And it marks a radical shift from the measured words and scripted events that typify most presidents-elect. It’s the agenda of a dealmaker, one who seems inclined to take a transactional, ad hoc approach to economic policy — offering some help to this company, perhaps directing a warn..>> view originalA showdown between Trump and the Fed is looming
Janet Yellen AP Images The Federal Reserve could clash with President-elect Donald Trump on its core responsibility to keep prices stable. To control inflation — the gauge of prices changes — the Fed regulates borrowing costs. Cheaper borrowing costs makes it easier to spend, raising demand and prices. The Fed has kept borrowing costs near zero since the economy started to falter nine years ago, but is now normalizing interest rates, as inflation gradually rises and ..>> view originalLeaked financials indicate that Zenefits is hemorrhaging money: report
There's San Francisco, New York, Boulder, Boston—and now, Washington, D.C. The nation's capital wants to become the country's next tech hub, but the district, where black and latino residents make up 46% and 10% of the population, respectively, also wants to serve as a national model for those other cities when it comes to building an inclusive technology economy. Led by D.C. mayor Muriel Bowser, the city's Innovation & Technology Inclusion Council this week released its first "Pathways To Inc..>> view originalTrump's tax plan could be bad news for the housing market, charitable giving, and local governments
Steve Mnuchin. AP President-elect Donald Trump's pick for treasury secretary, Steven Mnuchin, says the incoming administration is about to embark on the "largest tax change since Reagan." He made those comments on CNBC last week. The change he's referring to could have a big impact on mortgage interest deductions — a driver of the housing market — and weaken an incentive for charitable giving. Key features of Trump's plan could also lead to changes with state and ..>> view originalVenezuela to Issue Larger Bill as Currency Continues to Melt
BOGOTA, Colombia — Venezuela said it will issue higher-denominated bills as triple-digit inflation and a currency meltdown leave the country's largest note worth just around 2 U.S. cents on the black market.The central bank said in a statement Saturday that six new bills ranging from 500 to 20,000 Bolivars will begin circulating on Dec. 15. Currently the largest-denominated bill is 100 bolivars, while a 2-liter soft drink bottle can cost 25 times that amount.The issuing of new bills comes as V..>> view originalUS, China, EU, others fail to reach environmental goods deal
Geneva — Forty-six countries including the U.S., China and European Union nations failed Sunday to agree on a list of "environmental goods" like solar-powered air conditioners or LED light bulbs that could be targeted for lower tariffs. The two-day meeting at World Trade Organization involved a bid to agree on reducing tariffs on over 200 environment-friendly goods worth around $1 trillion in trade annually, part of a process that EU trade commissioner Cecilia Malmstrom called important "to ..>> view originalYurts, Cleats, Coats: Dakota Protesters Dig In for Brutal Winter
In North Dakota, winter is most definitely coming. That does not deter Dakota Access Pipeline protesters, many of whom say they know a blizzard earlier this week was but a taste of what is to come, as temperatures are expected to fall toward 0 degrees Fahrenheit (-18°C). Rather than retreat amidst the cold and an order from the U.S. Army Corps of Engineers to vacate by Monday, the Oceti Sakowin camp, the epicenter of pipeline opposition, is growing in size—and quickly winterizing in expectation..>> view original
Tuesday, December 13, 2016
Airbnb and New York City settle rental law lawsuit and other top stories.
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