Priceline’s Strong Earnings Growth Tops Expectations
By Xuanyan Ouyang Priceline’s fourth quarter earnings on Wednesday substantially beat analyst expectations, as the company continued its global expansion in the online travel industry it helped pioneer. The Connecticut-based travel giant reported net income of $504.3 million, or $10.00 per share, up from $451.8 million, or $8.56 per share in the year-ago period. Its […]
Proposed tax and REGULATORY CRACKDOWN outrages AIRBNB HOSTS
By Yixuan Chai The City of Chicago wants to crack down on Airbnb and other home-sharing services, not the warm welcome many hosts expected. “The proposed ordinance will make it easier for hosts who periodically rent out their living space … and in the process generate more than $1 million annually to support affordable housing […]
