Priceline’s Strong Earnings Growth Tops Expectations
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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
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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 […]