Airbnb sees record bookings despite recession fears
Published Tue, 24 Dec 2024 00:59:07 GMT
(CNN) — Shares of Airbnb fell more than 10% in trading Wednesday after the travel company offered a more muted outlook for the current quarter than some analysts had expected.Airbnb on Tuesday reported strong revenue growth and a new record for bookings during the first three months of the year, in a sign that demand for travel remains strong despite lingering recession fears.The company reported revenue for the quarter grew 20% to $1.8 billion, just beating Wall Street’s estimates. The company said nights and experiences booked on the platform hit a record high of over 120 million last quarter.“More guests are traveling on Airbnb than ever before,” CEO Brian Chesky said on a call with analysts Tuesday. “We’ve seen our highest number of active bookers ever, despite continued macroeconomic uncertainties.”“During the quarter, we also saw guests booking trips further in advance, supporting a strong backlog for q2,” he added. “...Lucas: Mistakes happen! I know but the Globe doesn’t [+old clips]
Published Tue, 24 Dec 2024 00:59:07 GMT
Reporters make mistakes.I know, I’ve made mine.But we all don’t get fired over them.That is why it came as quite a shock when the Boston Globe abruptly threw long-time investigative reporter Andrea Estes under the bus following her disputed MBTA story that had transit executives living far from the workplace.Estes was unceremoniously fired just days after her April 23 Globe story appeared, and it immediately sent a chilling wave of uncertainty among young and aspiring investigative reporters.If the paper could treat a reporter of Estes’ stature so badly, what does that mean for novice or much lesser established reporters? And exactly what was her “crime?” The paper did not say.And the paper acted as though the muddled MBTA story its editors approved to run was the first time the Globe had been forced to retract, revise, bury or “eat” a story, as we used to say in the newspaper business.The management of the Globe, which demands transparency and accountability in all things, has gone...Dana Pullman, ex-president of Massachusetts State Police union, sentenced to 2.5 years in prison
Published Tue, 24 Dec 2024 00:59:07 GMT
The former president of the State Police Association of Massachusetts and the union’s former lobbyist have been sentenced in federal court for racketeering, fraud, obstruction of justice and tax crimes.Dana Pullman, the ex-president of the State Police union, was sentenced on Wednesday to 2.5 years in prison, three years of supervised release and restitution.Anne Lynch, whose lobbying firm represented the union, was sentenced to two years in prison, two years of supervised release and restitution. Lynch was also ordered to pay a fine of $25,000.Last year, Pullman and Lynch were convicted by a federal jury of one count of racketeering conspiracy, one count of honest services wire fraud, three counts of wire fraud, one count of obstruction of justice and one count of conspiracy to defraud the IRS.Pullman, 60, of Worcester, was also convicted of two additional counts of wire fraud and two counts of aiding and assisting the filing of a false tax return.Lynch, 71, of Hull, was conv...City proposes new location for displaced Allston-Brighton artists
Published Tue, 24 Dec 2024 00:59:07 GMT
Following the controversial closure of Sound Museum in Allston last January and months of displacement hopscotch among local artists, the city is proposing a new permanent rehearsal space for community after a developer offered a warehouse in donation.“This permanent studio rehearsal space is a historic achievement for our Allston-Brighton artist community and citywide goal of preserving and creating new creative spaces in Boston,” Mayor Michelle Wu in a statement announcing the plan.With the purchase of the Sound Museum at 155 N Beacon St., to be redeveloped into life science lab space, the developer IQHQ also agreed to purchase 290 N Beacon Street as an impact mitigation measure — intended to be gifted to the city and used as long-term accommodation for the displaced artist community.The BPDA must still conduct a public hearing and vote on the project, to be scheduled for the June board meeting. If the vote passes, the release detailed, the city can move forward ...FDA panel backs over-the-counter sales of birth control pill
Published Tue, 24 Dec 2024 00:59:07 GMT
By MATTHEW PERRONE (AP Health Writer)WASHINGTON (AP) — Federal health advisers said Wednesday that a decades-old birth control pill should be sold without a prescription, paving the way for a likely U.S. approval of the first over-the-counter contraceptive medication.The panel of FDA advisers voted unanimously in favor of drugmaker Perrigo’s request to sell its once-a-day medication over the counter. The recommendation came at the close of a two-day meeting focused on whether women could safely and effectively take the pill without professional supervision. A final FDA decision is expected this summer.If the agency follows the nonbinding recommendation, Perrigo’s drug, Opill, would become the first contraceptive pill to be moved out from behind the pharmacy counter onto store shelves. The company said sales could begin late this year if OK’d.The outside experts said they were mostly confident that women of all ages could use the drug appropriately without seeing a health provider fi...DHS releases plan to manage migrants after Title 42
Published Tue, 24 Dec 2024 00:59:07 GMT
McALLEN, Texas (Border Report) -- The Biden administration on Wednesday morning unveiled a lengthy plan on how it plans to deter and stop immigrants from crossing the southern border from Mexico once Title 42 expires. Undocumented migrants surrender themselves just two days before Title 42 ends Title 42 is the pandemic-era public health order that was put in place in March 2020 by the Trump administration that has restricted migrants from claiming asylum at the border in order to prevent the spread of coronavirus between countries. It expires at 11:59 p.m. on Thursday night.Most of the U.S. plan relies on reverting back to the longstanding Title 8 law, which forbids entry into the United States by those who cross in between legal ports of entry, or who have not scheduled an asylum interview either at U.S. ports or at regional processing centers that will be opening up in other countries, the Department of Homeland Security and State Department said in a joint statement Wednesday."...Documents: Prosecutor claims evidence shows Matt Araiza was not at party at time of alleged gang rape
Published Tue, 24 Dec 2024 00:59:07 GMT
SAN DIEGO -- Documents detail when a San Diego District Attorney told the teen who accused Matt Araiza in a gang rape, prosecutors would not file charges.According to a more than 200-page transcript of a Dec. 7, 2022 recorded meeting between the accuser, a district attorney investigator, a deputy district attorney and people advocating for Jane Doe, a prosecutor told to the accuser, “I cannot file criminal charges against any of the suspects in the case.”The documents, provided by Araiza's attorney, claim prosecutors found that Araiza was not at the party when the accuser claimed she was raped.Prosecutors and Araiza's attorney said Araiza admitted to having sex with the teen during the party. But, according to prosecutors who have pieced together a timeline of the night, Araiza had left the party about an hour before video shows several men having sex with the accuser. Judge to unseal records in SDSU alleged rape case Prosecutors said they've been able to piece together a timeline...US to limit asylum at Mexico border as COVID-19 restrictions end
Published Tue, 24 Dec 2024 00:59:07 GMT
CIUDAD JUAREZ, Mexico (AP) — The Biden administration on Thursday will begin denying asylum to migrants who arrive at the U.S.-Mexico border without first applying online or seeking protection in a country they passed through, marking a fundamental shift in immigration policy as the U.S. readies for the end of a key pandemic restriction.The new rule represents a significant shift in the way the U.S. deals with asylum seekers who have been showing up at the border in huge numbers in anticipation of this week’s end of the the use of a restriction known as Title 42 that allows the government to quickly expel migrants to Mexico. U.S. officials warned of difficult days ahead as the program tied to the COVID-19 pandemic expires this week.The rule announced Wednesday is part of new measures meant to crack down on illegal border crossings while creating new legal pathways, including a plan to open 100 regional migration hubs across the Western Hemisphere, administration officials said. U.S....Vermont governor signs 1st-in-nation shield bills that explicitly include medicated abortion
Published Tue, 24 Dec 2024 00:59:07 GMT
Vermont’s Republican governor signed abortion and gender affirming shield bills into law Wednesday that are the first in the country to explicitly include protecting access to a medication widely used in abortions even if the U.S. Food and Drug Administration withdraws its approval of the pill, mifepristone.The bills protect providers from discipline for providing legally protected reproductive and gender affirming health care services.“Today, we reaffirm once again that Vermont stands on the side of privacy, personal autonomy and reproductive liberty, and that providers are free to practice without fear,” Republican Gov. Phil Scott said in a statement.In the identical bills passed by the House and Senate, “reproductive health care services” includes “medication that was approved by the U.S. Food and Drug Administration for termination of a pregnancy as of January 1, 2023, regardless of the medication’s current FDA approval status.” Planned Parenthood believes other statesR...Israeli-Palestinian fighting continues, despite Egyptian cease-fire announcement
Published Tue, 24 Dec 2024 00:59:07 GMT
GAZA CITY, Gaza Strip (AP) — Palestinian militants fired hundreds of rockets from the Gaza Strip into Israel on Wednesday, while Israel pressed ahead with a series of airstrikes that have killed 21 Palestinians, including three senior militants and at least 10 civilians.As the fighting continued, a state-run Egyptian TV station announced that Egypt had brokered a cease-fire. But shortly after the announcement, more rockets were fired toward Israel, including a new salvo at the seaside metropolis of Tel Aviv, while Israel struck more targets in Gaza. The continued fighting raised questions about if or when a truce would take effect.In a prime-time TV address, Israeli Prime Minister Benjamin Netanyahu claimed that Israel had dealt a harsh blow to the militants. But he cautioned: “This round is not over.”“We say to the terrorists and those who send them. We see you everywhere. You can’t hide, and we choose the place and time to strike you,” he said, adding that Israel would...Latest news
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