America’s Roundup: Dollar edges higher as traders await U.S. inflation report, Wall ends lower, Gold ticks up, Oil settles lower as halted Russian pipeline flows appear temporary, demand fears rise-August 10th,2022
Microsoft says making Activision Blizzard games exclusive to Xbox will not be profitable in response to Sony’s criticisms of the $68.7 billion acquisition
Analyst Ming-Chi Kuo predicts Apple will raise iPhone 14 costs, possibly increasing the base model’s price to nearly $1,000
ESM’s Three Cents complements Coca-Cola HBC’s existing adult sparkling beverage portfolio, which includes Schweppes and Kinley.
Lotte Chilsung is expanding its business and adding vegan drink options through partnerships with startups.
Apple is expected to produce less than 1.5 million units of its first mixed reality headset that could enter the market in early 2023
Burger King hasn't publicly acknowledged this significant change yet, and its not known how or if the chicken is any different on the new sandwiches.
HiteJinro has yet to reach a settlement with its unionized drivers even after five months into the conflict.
Macau has seen its casino industry sales shrink by a whopping 95 percent following China’s rigorous zero-COVID-19 policy, setting an all-time low record ever since statistics were made available in 2009.
Hyundai Motor and its Indian affiliate have charged HGM, the Indian arm of South Korean knockoff car maker Global Motors, of improperly utilizing the name "Hyundai" and the automaker's emblem.
The number 45 is embroidered on the lace to signify the 45th anniversary of the McDonald's All-American game, despite the fact that this is not an official McDonald's cooperation.
Airbnb permanently bans parties at rental properties
Airbnb, an American company that operates an online marketplace for lodging, mainly homestays for vacation rentals and tourism activities, announced on Tuesday, June 28, that it has permanently banned the holding of parties and events at its rental properties.
As per Fox Business, Airbnb is also putting an end to its large occupancy cap. The company said that the ban is effective for all of the properties around the world.
In its announcement, Airbnb said it officially codifies the temporary party ban that it imposed on unauthorized house parties more than two years ago. The San Francisco, California-headquartered firm explained that it finds the ban effective. Thus, it decided to make the rule permanent.
Airbnb first placed the ban that was in effect "until further notice" after house rental guests started to engage in "partying behavior" at the time when clubs and bars were closed down due to the COVID-19 pandemic. In other words, some people that have rented homes through Airbnb have turned the place into "clubs," which created lots of noise and probably damaged properties as well.
The company said that these gatherings were not just rowdy but also opened the risk for the virus to spread. Apart from the prohibition on parties and events, Airbnb also announced it has capped all occupancies at 16 to help prevent the spread of COVID-19 by avoiding large gatherings of people.
"Disruptive parties and events will continue to be prohibited, including open-invite gatherings. 'Party house' properties will continue to be strictly prohibited as well," Airbnb stated in a blog post. "The policy will continue to include serious consequences for guests who attempt to violate these rules, varying from account suspension to full removal from the platform."
The company further revealed that "In 2021, over 6,600 guests were suspended from Airbnb for attempting to violate our party ban. In these cases, we also work to support our Hosts with property damage protection via AirCover for Hosts."
Finally, the vacation rental firm also said it is offering property damage protection for all hosts via AirCover. The ban is in immediately in effect, so renters should be aware of this prior to the bookings.