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“He wants the credit, but it’s not working,” one top Democrat, who recently shared these concerns with the campaign, said of Biden. Biden and Trump square off in the first presidential debate at 9 p.m. As a result, the economy has become both the biggest priority for voters and their biggest frustration with the incumbent president. You want people to know you’re doing a really good job,” one major donor told CNN. “I think Biden can’t help but talk about what a good job he’s done.”CNN’s MJ Lee contributed to this report.
Persons: Joe Biden’s, Donald Trump, , it’s, Biden, they’ve, Biden’s, Ron Klain, Klain, That’s, Racine , Wisconsin –, Trump, – Biden, “ We’ve, ” Biden, CNN’s Erin Burnett, Bidenomics ”, “ Donald Trump, Joe Biden, he’s, Snickers, CNN’s MJ Lee Organizations: Washington CNN, White, America, Trump, CNN, Federal Reserve, ABC, Biden, Biden White House Locations: Racine , Wisconsin
Read previewPresident Joe Biden and former President Donald Trump are set to face off later this week in the earliest major presidential debate on record. The first presidential debate of the 2024 election will be Thursday, June 27 at 9 p.m. Then-President Donald Trump eyes former Vice President Joe Biden during the final debate of the 2020 election. In late April, Biden told radio host Howard Stern he would debate Trump. Trump will be in Virginia, a state that hasn't gone for the GOP in a presidential election since 2004.
Persons: , Joe Biden, Donald Trump, Morry Gash, Trump, Biden, Jake Tapper, Dana Bash, Biden team's, Daniel Dale, Tapper, David Chalian, Robert F, Kennedy Jr, Kena Betancur, Kennedy, Nicole Shanahan, Kennedy's, we’ve, hick, O, hite, ake, ike, orward, egan, orth Organizations: Service, Clear, Trump, Business, CNN, New York Times, Getty, O bama Locations: Max, Atlanta, AFP
Read previewPresident Joe Biden and former President Donald Trump are set to face off later this week in the earliest major presidential debate on record. The first presidential debate of the 2024 election will be Thursday, June 27 at 9 p.m. Then-President Donald Trump eyes former Vice President Joe Biden during the final debate of the 2020 election. CNN correspondent Daniel Dale rose to fame fact-checking Trump, but don't expect him, Tapper, or Bash to chime during the debate. In late April, Biden told radio host Howard Stern he would debate Trump.
Persons: , Joe Biden, Donald Trump, Morry Gash, Trump, Biden, Jake Tapper, Dana Bash, Biden team's, Daniel Dale, Tapper, David Chalian, Robert F, Kennedy Jr, Kena Betancur, Kennedy, Nicole Shanahan, Kennedy's, we’ve, hick, O, hite, ake, ike, orward, egan, orth Organizations: Service, Clear, Trump, Business, CNN, New York Times, Getty, O bama Locations: Max, Atlanta, AFP
Read previewBarcelona plans to end short-term rentals after complaints that tourism has priced locals out of the housing market. By 2029, no homes will be allowed to operate as short-term tourist accommodations. AdvertisementGlobal short-term rental restrictionsOther cities are similarly eyeing short-term rental restrictions to manage skyrocketing housing costs in what's been deemed the "Airbnb effect." Cities including Vancouver, Tokyo, London, Amsterdam, and Paris have all placed restrictions on the short-term rental market. Some Southeast Asian countries have banned short-term rentals completely.
Persons: , Jaume Collboni, Collboni, Airbnb, Damià Calvet, Calvet, Enrique Alcantara Organizations: Service, Business, Spanish, Government, EU, Barcelona Tourist Apartments Association, Estate Economics Locations: Barcelona, Spanish, Madrid, what's, Irvine , California, New York City, Cities, Vancouver, Tokyo, London, Amsterdam, Paris, Singapore, Thailand, Irvine
Barcelona ending apartment rentals by foreign tourists
  + stars: | 2024-06-24 | by ( ) edition.cnn.com   time to read: +3 min
The city’s leftist mayor, Jaume Collboni, said that by November 2028, Barcelona will scrap the licenses of the 10,101 apartments currently approved as short-term rentals. The boom in short-term rentals in Barcelona, Spain’s most visited city by foreign tourists, means some residents cannot afford an apartment after rents rose 68% in the past 10 years and the cost of buying a house rose by 38%, Collboni said. Local governments have announced restrictions on short-term rentals in places such as Spain’s Canary Islands, Lisbon and Berlin in the past decade. Vacation rentals platform Airbnb, which hosts a significant number of Barcelona listings, did not immediately respond to a request for comment. “Collboni is making a mistake that will lead to (higher) poverty and unemployment,” Barcelona’s tourist apartments association APARTUR said in a statement, adding the ban would trigger a rise in illegal tourist apartments.
Persons: Jaume Collboni, ” Collboni, Spain’s, Collboni, Isabel Rodriguez, , , APARTUR Organizations: CNN —, Barcelona Locations: CNN — Barcelona, Spanish, Barcelona, Spain, Europe, Islands, Lisbon, Berlin
Read previewBarcelona plans to end short-term rentals after complaints that tourism has priced locals out of the housing market. "Tourist apartments represent just 0.77% of Barcelona's housing stock," Enrique Alcantara, president of the Barcelona Tourist Apartments Association, told media after the announcement. AdvertisementGlobal short-term rental restrictionsOther cities are similarly eyeing short-term rental restrictions to manage skyrocketing housing costs in what's been deemed the "Airbnb effect." Cities including Vancouver, Tokyo, London, Amsterdam, and Paris have all placed restrictions on the short-term rental market. Some Southeast Asian countries have banned short-term rentals completely.
Persons: , Jaume Collboni, Collboni, Airbnb, Damià Calvet, Calvet, Enrique Alcantara Organizations: Service, Business, Spanish, Government, EU, Barcelona Tourist Apartments Association, Estate Economics Locations: Barcelona, Spanish, Madrid, what's, Irvine , California, New York City, Cities, Vancouver, Tokyo, London, Amsterdam, Paris, Singapore, Thailand, Irvine
Dove didn't have much time to grieve, though. "I pushed back because I didn't think it was rewarding. I didn't think I would feel like I was contributing to society in a meaningful way as an investor," Dove said. Dove didn't want to work even more hours, which would force her to sacrifice time with her kids, so she made more with less. "Although we have not hit our FI number yet, we will reach our target amount by our target date with just what we contribute from my husband's income," Dove said.
Persons: , Chris Elle Dove, Dove, hadn't, Berkshire Hathaway, I've, they've, they're, we've, Dove didn't, Rivian Organizations: Service, Business, FIRE, Social Security, Berkshire, Farm Locations: Western Illinois, Bloomington , Illinois
Days before admittedly stabbing and dismembering tech CEO Fahim Saleh, ex-personal assistant Tyrese Haspil admittedly used $750 of his victim's money to buy this 6-by-6-inch cake for his girlfriend. Anything less than unanimity — say if one juror accepts Haspil's EED defense and 11 do not — will cause a mistrial. Killer Tyrese Haspil, left, and Fahim Saleh in the lobby of Saleh's Lower Manhattan condo complex, one minute before the attack. Tyrese Haspil, accused of the 2020 murder-dismemberment of tech CEO Fahim Saleh, in state Supreme Court in Manhattan. Fahim Saleh is facing his killer, Tyrese Haspil, as the elevator doors close on the victim's apartment.
Persons: , They'll, Tyrese, Fahim Saleh, Haspil, Saleh, Tyrese Haspil, Louis Vuitton, Chauveau, Alan Chin, who'd, Barry Rosenfeld, he'd, Linda Ford, He'd, Exed, Tasers, Fahim Saleh's, Joseph Goldstein, Sam Roberts —, Society — Organizations: Service, Business, Attorney, Louis, Manhattan, Home Depot, York Penal Law, Amazon, Buy.Taser.com, New York, Society Locations: Manhattan, France, Lower Manhattan, American, Gokada, Nigeria, Brooklyn, Lagos, New York, balaclava, New
New York CNN —Airbnb has undermined users’ safety by scaling back its work to remove extremists from its platform, a former contractor alleged in a new whistleblower complaint. “Airbnb spent much of 2023 scaling back and undermining the work of its team tasked with removing individuals affiliated with dangerous and extremist organizations from the platform,” Whistleblower Aid, the organization representing Hernandez, said in a statement. Airbnb disputed Hernandez’s claims, saying that it continues to enforce against members of dangerous or extremist organizations. And in the following years, it pointed to that pledge when removing users associated with extremist organizations. Prior to her work at Airbnb, Hernandez worked as a researcher for the Terrorism Research and Analysis Consortium, an organization that tracks terrorist and hate groups, according to Whistleblower Aid.
Persons: New York CNN — Airbnb, Jess Hernandez, “ Airbnb, Hernandez, ” Hernandez, Airbnb, we’ve, , Brian Chesky, , Lauren Southern Organizations: New, New York CNN, Capitol, US Securities and Exchange Commission, Federal Trade Commission, NBC, CNN, White, Washington DC, Fox News, Terrorism Research, Consortium Locations: New York, Charlottesville , Virginia, Airbnb
Rachel Pohl, 34, who lived in San Francisco for several years, and her husband, Jesse Rosenthal, are just two of the people who left. They had been considering moving away from California for quite some time before leaving San Francisco in the fall of 2020. She has also found the people are more diversified in terms of jobs, as opposed to the dominance of tech in the San Francisco area. Realtor.com noted both San Francisco and Chattanooga as buyer's markets at the moment, where the "supply of homes is greater than the demand for homes." Have you moved out of San Francisco or somewhere else in the US?
Persons: , Francisco, It's, Rachel Pohl, Jesse Rosenthal, they're, Pohl, she's, let's, " Pohl, hadn't, Chattanooga Pohl, it's, Realtor.com Organizations: Service, Chattanooga, Business, ., San Locations: San Francisco, Chattanooga , Tennessee, California, . Montana, Chattanooga, Durham , North Carolina, Francisco, Tennessee, San Franciso, there's, mhoff@businessinsider.com
Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.
Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas
Where patients traveled for abortions Number of patients 10,000 1,000 100 2023 171,300 patients traveled Alaska Wash. N.D. Hawaii Minn. Ore. N.Y . Number of patients 10,000 1,000 100 2023 171,300 patients traveled 2019 73,100 patients traveled Alaska Alaska Wash. Wash. Maine Mont. An exodus from Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Texas 10,000 1,000 100 Number of patients 2023 35,500 Texas patients traveled Wash. N.Y. Mass. Change in abortions by state State Abortions 2023 Change from 2019 Nonresident share Wyo.
Persons: Roe, Wade, Nev, S.C, W.Va Calif, , , , Amy Hagstrom Miller, “ We’re, John Seago, “ We’ve, Mia, Uber, Hagstrom Miller, Kelly Baden, Allison Cowett, Megan Jeyifo, Kelly Flynn Organizations: Nev . N.J ., Ind . Utah Colo, N.Y ., Ind . Utah W.Va, Guttmacher Institute Orange, La . Texas Fla, Md . Utah W.Va Colo, D.C, Alaska, W.Va, La . Texas, Ind . Utah D.C, La . Texas Texas, New York City, Texas Fla, Midwest, Mich . Iowa Ohio, ., Illinois Wis ., Illinois Wis . Iowa Ill, Guttmacher Institute, Republicans, Kan, Colo, Ill, Del, Utah, Hawaii, Iowa, Ohio, Maine, Family Planning, Chicago Abortion, N.Y, Tenn, California S.C Locations: Alaska, N.D, Hawaii Minn, Ore, N.Y, Idaho Wis, S.D . Mich, Pa, Nev . N.J, Nev . N.J . Ohio, Ill, Ind . Utah, W.Va Md, Calif, Kan . Va, Mo, Ky, N.C, Tenn, Ariz, ., N.M . Ala . Miss ., La . Texas Fla, N.Y . Idaho, S.D . Wis, Mich, Ind . Utah W.Va Md, Colo, Kan, Mo . Va . Ky, S.C . Ala . Miss ., Texas, New Mexico, Southern, Illinois, South Carolina, Georgia, North Carolina, Nev . N.J . Ohio Md, La . Texas, Alaska Wash . Maine, Minn, Mass, Wis, S.D . Idaho Mich, Wyo, Pa . Iowa, . Ohio Ind, Md . Utah, Va, Mo . Calif, Okla, S.C . Miss ., Ala, Hawaii, N.Y Idaho, La, Fla, N.Y Idaho Wis, Nev . Ohio Md, W.Va Colo . Va, N.M . Ala, Alaska Alaska, Wash . Maine, . Idaho, Nev Nev, N.J, Neb ., . Ohio Ohio, Ind, Ind . Utah Md . Utah, Kan . Va . Calif, S.C . Miss . Ala . Miss ., La . Texas Texas Fla, Wisconsin, Columbus , Ga, New York, ” Texas, Pa . N.J, Nev . Md, Colo . Va, N.M . Ga, N.M . Texas, Mich . Iowa, Okla ., Illinois Wis, Illinois Wis . Iowa, Miss . Texas, Maryland , Minnesota, Virginia, Conn, Houston, Albuquerque, States, ” Illinois, Chicago, N.Y Pa . N.J, Md, Va . N.C, California, Ala . Miss, . Pa . Md, Miss . Ala, Florida , Georgia, Florida, state’s, Florida , North Carolina
Read previewIn November, the city of Las Vegas issued a $180,000 fine against a homeowner who officials say ran an unauthorized Airbnb near the Las Vegas strip. The homeowner, however, told Business Insider he believed he was the victim of a scam run by the tenant renting his house at the time. In June 2021, Xin Tao purchased a five-bedroom, two-bathroom property in Las Vegas for $378,000. On two separate occasions in October 2021 and February 2022, Las Vegas city officials knocked on the door, according to government logs. In 2019, Las Vegas instituted sweeping regulations of short-term rentals, including banning out-of-state investors from owning Airbnbs, amid outcry from local residents who complained of an influx of "parties, prostitution, and drugs into residential communities," the Las Vegas Sun reported.
Persons: , Xin Tao, Tao, Airbnb, Brian Knudsen Organizations: Service, Business, Las Vegas City Council, Las Vegas, Vegas Sun, Fox, City Council Locations: Las Vegas, Vegas, Oregon, Airbnb, City
I traveled to Greece with three of my best friends to see Athens , Santorini, Mykonos, and Naxos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFollowing our college graduation last May, three of my best friends and I traveled to Greece for eight days. We flew to Athens and took a ferry between Mykonos, Santorini, and Naxos. Although there were many highlights, there are also things we'd do differently next time.
Persons: Organizations: Service Locations: Greece, Athens, Santorini, Mykonos, Naxos
Read previewGuests in a North Carolina Airbnb rental have refused to leave the property after an eight-month stay, the homeowner said. Farzana Rahman, the Airbnb host, said the guests taped a sign to the door that says they are "legal residents." "It's not fair," Rahman told Business Insider. The guests told the cleaners to leave and asked Rahman if they could stay through Memorial Day on May 27. "If you see red flags at the beginning, people trying to make you break your contract and go outside," she told Business Insider.
Persons: , Farzana Rahman, Rahman, It's, Airbnb, they'd, Rahman couldn't, she's Organizations: Service, Business, ABC, BI Locations: North Carolina, Durham , North Carolina
With the newfound time, "I've thrown myself back into the real estate company," the early retiree told Business Insider. He understands the importance of cash flow but is also convinced that investors at earlier stages in their careers can give back to their communities while also turning a profit. "It's all just percentages: You don't have to give out 90% of your units for affordable housing, but you can do one. He purchased his first affordable housing unit — a single-family home in Fairfield, Alabama that he'll rent on a long-term basis to a Section 8 tenant — in 2023. AdvertisementIt won't cash flow as much as his Airbnb properties, he said, but it allows him to diversify his portfolio.
Persons: Matt, I've, wasn't, Kent, , That's, haven't Organizations: Service, Business, Government Locations: New Hampshire, Diego, Fairfield , Alabama
CNN —Lydia Wu had never driven an electric vehicle before she rented a car from Avis last February. Rental car companies may have overestimated their customers’ readiness for a switch, though. In my case, I’ve rented EVs from Turo, a peer-to-peer car rental platform that’s sort of like Airbnb but for cars. Customer service as keyJoulez, an EV rental company, rents its fleet through its own website as well as through Turo. But not everyone has such a bad time when renting an EV from a big rental car company.
Persons: Lydia Wu, Wu, EVs, Hertz, Stephen Scherr, it’s, ” Hertz, Doug Jensen, Tesla, , , ” Wu, I’ve, Micah Bergdale, they’re, Joulez, Jay Waldron, Waldron, Kia Organizations: CNN, Avis, Cox Automotive, Tesla, General Motors, Hertz, Kia, EV, Turo, Hyundai Kona EV, National Locations: Kansas City , Kansas, Hertz, San Diego, it’s, Polestar, New York City, , Turo, Georgia, Washington, DC
Airbnb CEO Brian Chesky says he has a simple method to help. Chesky's solution: Find two employees who work well together and put them on the same team, he recently told Wharton psychologist Adam Grant's "ReThinking" podcast. It worked so well that I started thinking about this notion of duos in other areas." When you pair people up — putting them on the same team and seeing what happens — consider their approaches to work. In Chesky's case, the idea started as a productivity strategy and turned into something more.
Persons: Brian Chesky, Wharton, Adam Grant's, Chesky, Organizations: Workers
I'm a Canadian who's a huge fan of Trader Joe's, a chain I can only visit in the US. I've spent a lot of money and time going to Trader Joe's, and I have a few favorite products. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerican chain Trader Joe's continues to grow and expand, with plans to open at least 20 new locations this year. This story is available exclusively to Business Insider subscribers.
Persons: I'm, Joe's, I've, Bamba, , South America — Organizations: Service, South America, Business Locations: Canadian, Canada, American, Fort Lauderdale, South
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk, who famously vowed to "own no house" in 2020 and claimed in 2022 that he was effectively homeless and couch surfing at his friend's properties, reportedly discussed buying a tiny house from one of Tesla's board directors, per Reuters. This story is available exclusively to Business Insider subscribers. A Samara backyard one-bedroom prefabricated house starts at $284,000. Elon Musk, Tesla, and Samara did not immediately respond to a request for comment made outside normal working hours.
Persons: , Elon Musk, Joe Gebbia, Gebbia, Samara, Grimes, Musk Organizations: Service, Reuters, Business, SpaceX Locations: Samara, Delaware, Austin, Airbnb, Mexico
AdvertisementHomosexuality isn't illegal in Egypt, but the country is famous for its discrimination against the LGBTQ+ community. "Not all states have equal protection laws, especially for transgender and gender-diverse individuals," John Tanzella, president and CEO of the International LGBTQ+ Travel Association, told Business Insider. Airbnb hosts can indicate they're LGBTQ-friendly in their listings, and there are companies and entire cruise lines dedicated to gay travel. Perhaps the most comprehensive is the IGLTA, which has been helping members of the community travel safely since 1983. "The future of LGBTQ+ travel is bright," Tanzella said, though he cautioned significant hurdles still remain.
Persons: Trent, peck, we'd, we've, I'd, Equaldex, John Tanzella, Ron DeSantis, you've, Dan Leveille, it's, Leveille, Tanzella, , I've, It's, there's, I'm Organizations: Business, Ferrari, United Arab, International, Travel, Equity, Gov, Technology Locations: Jamaica, Trent, Spain, Morocco, United Arab Emirates, Egypt, United States, Florida, Berlin, Puerto Vallarta
Goldman Sachs reiterates Apple as buy Goldman said it's bullish heading into the company's Worldwide Developer's Conference on June 10. " Mizuho reiterates Meta as buy Mizuho said its sticking with its buy rating on the Meta. JPMorgan upgrades Krispy Kreme to overweight from neutral JPMorgan upgraded Krispy Kreme after a change in analyst coverage. Citi upgrades Best Buy to buy from sell Citi said in its double upgrade of the stock that it sees "upside potential." Goldman Sachs reiterates First Solar as buy Goldman raised its price target on the stock to $302 per share from $268.
Persons: Goldman Sachs, Goldman, it's, AAPL, Morgan Stanley, Tesla, We've, Jefferies, Mizuho, Wells, CAVA, Piper Sandler, Massimo, Piper, Clark, Melius, Guggenheim, Stifel, Bernstein, Airbnb, Roth, Marvell Organizations: : Bank of America, Nvidia, Bank of America, Apple, Conference, Meta, Citi, JPMorgan, JPMorgan downgrades, RBC, Kimberly, Broadcom, Guggenheim, Logistics, Auto Logistics, Inc, EBITDA, Qs, Marvell Locations: Computex, Taiwan, Siri, JPMorgan downgrades Cava
Read previewSam Mitchell, 64, has a yearly income of below $30,000 a year from Social Security. It's a very different way of life from the corporate real estate job he had 15 years ago in Austin making six figures and owning five homes. "I am making a fourth of the money I was making in 2008, but nobody is going to do it." AdvertisementMoving to New York and FloridaTo start life anew, he bought a farm in Peru and built a small house. AdvertisementOnce Social Security payments kicked in, he relied on the $900 a month to get by.
Persons: , Sam Mitchell, they're, Mitchell, It's, Keller Williams, Austin, Sancho Panza, he's Organizations: Service, Social Security, Business, Social, University of Florida, South, Southwest, Austin City, Austin Locations: New York, Florida, Austin, Ithaca , New York, Atlanta, Santa Cruz , California, Costa Rica, South Austin, Peru, Ecuador, California , Oregon, Washington, BestBuy
No matter how much you like your colleagues, don't think of your workplace as a family, says Airbnb CEO and co-founder Brian Chesky. Chesky learned this lesson from experience, he told Wharton psychologist Adam Grant's "ReThinking" podcast in May. In 2020, at the height of the Covid-19 pandemic, Chesky penned a note to employees explaining that the company would conduct layoffs. And it is true that a company's not a family. "We used to refer to ourselves as a family, and then we did have to fire people, or they'd have to leave the company, and you don't fire members of your family," he added.
Persons: Brian Chesky, Chesky, Wharton, Adam Grant's
Read previewNot long after my 48th birthday, in August 1999, my husband Barry invited me out for a margarita at Compadre's, a Mexican restaurant near our home in Palo Alto. During our drink, he suggested we rent our house and travel for six months. Renting our Palo Alto home wasn't that simple; this was before the era of Airbnb and digital nomads. Our home was still rented when we returned to Palo Alto after ending our period abroad. Happily, we can write in Eureka, Guanajuato, in our camper van, or wherever in the world we happen to be.
Persons: , Barry, margarita, we're, San Luis Potosí, we'll, We've, we've Organizations: Service, Business, Palo, UNESCO, Heritage, Palo Alto, Primera Plus, France's Hautes Alpes Locations: Compadre's, Mexican, Palo Alto, Silicon Valley, Mexico, Guanajuato, California, Eureka, Northern California, Oregon, Guanajuato's centro, San, British, Scotland, Catalonia, France's Hautes, Brittany, Czech Republic, Ireland, Colombia, Portland, Denver, Cuenca, Ecuador, we're
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