Airbnb posts $117 million profit, but 2Q outlook disappoints
Published Fri, 27 Dec 2024 09:45:07 GMT
Airbnb said Tuesday that it earned $117 million in the first quarter as revenue rose during the ongoing recovery in travel, but the company’s outlook for late spring and early summer disappointed investors.The San Francisco-based company’s shares fell nearly 12% in extended trading hours after Airbnb posted the forecast.The weak outlook overshadowed Airbnb’s first profit in the first three months of the year, a seasonally slow period for travel. The company’s profit compared with a loss of $19 million a year earlier and worked out to 18 cents per share. Revenue climbed 20% to $1.82 billion, beating Wall Street’s forecast of $1.79 billion, according to a FactSet survey.Nights and experiences booked, a closely watched measurement for Airbnb, increased 19% to 121 million, and the company valued the bookings made in the quarter at $20.4 billion, a 19% increase.“We have seen our highest number of active bookers ever despite continued macroeconomic uncerainty...Photos: Hail hits the Front Range
Published Fri, 27 Dec 2024 09:45:07 GMT
DENVER (KDVR) — Hail hit the Front Range on Tuesday ahead of another day of severe weather chances.A severe thunderstorm warning was in effect Tuesday evening for parts of northeast Colorado, including Adams, Denver, Weld and Larimer counties, according to the National Weather Service. Denver weather: Severe storms likely Wednesday, Pinpoint Weather Alert Day FOX31 viewers sent photos and videos of the hail, some pea-sized and some bigger.Denver’s weather will be stormy late Tuesday into Wednesday with severe weather on both days. There is a risk for possible large hail on the Front Range and plains on Wednesday, as well as strong winds and isolated tornadoes. Make sure you have a way to get severe weather updates and alerts on Wednesday.If a severe weather alert is issued for your area, whether it is a thunderstorm watch or warning, tornado watch or tornado warning, it will always show up at the top of the FOX31 website.BSO detective behind bars after extortion, falsifying documents
Published Fri, 27 Dec 2024 09:45:07 GMT
A Broward Sheriff’s Office detective is in jail after being accused of betraying the badge.On Tuesday, 48-year-old Demetrious Cambell of the Special Victims unit was charged with falsifying documents and extortion.Investigators said he closed out numerous sex crime cases without properly investigating them and in one case, they said he even threatened a victim with deportation.The 20-year veteran has been suspended without pay.Small business tenants struggle after plaza owner does not renew leases
Published Fri, 27 Dec 2024 09:45:07 GMT
After putting in blood, sweat and tears into their stores, a group of small business owners are worried their years of hard work were for nothing. Seven’s Kevin Ozebek investigates.For nearly ten years, Corlette Anderson has been turning hair into art at Corlette’s Eden Salon.Corlette Anderson/salon owner: “I can’t believe I started a business in America.” Kevin Ozebek: “Where are you originally from? Corlette Anderson: “Jamaica.”But after nine years of styling, developing products, and growing her business, Corlette’s lease at this Pembroke Pines shopping center is not being renewed.Corlette Anderson: “It’s gone. It’s gone.”Kevin Ozebek: “That idea of the American dream is gone now?” Corlette Anderson: “Yeah. It feels like I failed. It doesn’t feel like something happened to me. It just feels like being grossly unprepared.”Several other store owners at the Palm Square Plaza t...Body Camera footage shows multi-city chase ending at Turner Guilford Knight Correctional Center
Published Fri, 27 Dec 2024 09:45:07 GMT
A Miami Beach Police post-chase and takedown, after a city sanitation truck was stolen, ends in one of the most unlikely places, Turner Guilford Knight Correctional Center and it was all caught on camera.Body camera footage obtained exclusively by 7News shows the moment the stolen city of Miami Beach sanitation truck and its driver, came to a stop at the jail in West Miami-Dade.According to cops a City of Miami Beach Sanitation employee approached officers and stated that he had left his assigned work vehicle unattended at the 300 block of Lincoln Road and Collins Avenue to collect trash from the city garbage cans.According to the victim, the suspect entered the work truck and fled the scene. Cops in cruisers and on all-terrain vehicles found themselves in a scramble to catch one of their city’s own vehicles. The search took for the suspect took them down streets like Washington Avenue and others.The driver had left the City of Miami Beach and was heading westbound on the MacA...UK Labour Party spent 3 years investigating sexual harassment case
Published Fri, 27 Dec 2024 09:45:07 GMT
LONDON — The U.K. Labour Party took three years to investigate a complaint of sexual harassment against a senior party aide, by a woman 20 years his junior. The man has been allowed to keep his job advising a Labour frontbencher, despite the groping complaint being upheld by two separate investigations.The woman told POLITICO she felt “let down” by the process, and hit out at the party for its inaction.A Labour spokesperson insisted the party “treats all complaints of sexual misconduct very seriously,” and that all complaints are “fully investigated.” The man is alleged to have groped the woman, a former intern, when she was in her early 20s — a complaint which was judged proven twice, by parliamentary investigators and, separately, by the Labour Party. The woman first launched a complaint using the internal process available to parliamentary staff at the time. The complaint was upheld. The man was instructed to write a letter of apology, and no ...The need for European ‘strategic reconciliation’
Published Fri, 27 Dec 2024 09:45:07 GMT
Mathieu Droin is a visiting fellow at the Center for Strategic and International Studies. James Joye Townsend Jr. is an adjunct senior fellow in the CNAS Transatlantic Security Program and a former U.S. deputy assistant secretary of defense for European and NATO policy.y.French President Emmanuel Macron’s comments to POLITICO on his way back from China recently prompted outrage across the transatlantic community. And the fiercest backlash came from Central and Eastern Europe.The uproar was a symptom of nervousness. Most European governments fear doing any harm to the relationship with the United States, as its commitment to the defense of Europe has proved more vital than ever with the war in Ukraine. But there may be some delusion in thinking that this American commitment can be relied on indefinitely.So, to make sure this relationship stays strong, there’s now an urgent need for “strategic reconciliation” among Europeans, which requires putting away toxic conceptual debates and ac...Turkey’s Erdogan risks alienating conservative women voters
Published Fri, 27 Dec 2024 09:45:07 GMT
ISTANBUL — How did a popular soap opera called “Cranberry Sherbet” suddenly become one of the most heated discussion points before Turkey’s crucial elections on Sunday? It’s all to do with a character called Nursema, and her shocking fate is pushing viewers to pose a tricky question: Who would she vote for? The answers are not comforting for President Recep Tayyip Erdoğan, who is seeking to extend his 20-year rule in the impending vote. Nursema is a strong, bright and devout Muslim in the show, and millions of Turkish women can easily identify with her. Turkey’s legions of soap addicts were stunned by a brutal plot twist in which she is married off to an abusive husband by her conservative family. He attempts to rape her, then shoves her out of a window when she resists, almost killing her. In early April, Turkey’s media watchdog reacted harshly to the harrowing storyline, doling out a fine to the makers of the series and slapping the drama with a ...Paris tempts EU Parliament to commit to Strasbourg HQ with €700K office offer
Published Fri, 27 Dec 2024 09:45:07 GMT
STRASBOURG — Senior MEPs are considering an offer from French Prime Minister Elisabeth Borne to rent a new office block for €700,000 per year that would solidify her country’s grip on the European Parliament’s controversial second home. In a letter that Borne sent to Parliament’s President Roberta Metsola on May 3, seen by POLITICO, the French government offered to rent out a brand new Osmose office block to the European Parliament after buying it in an elaborate scheme that could cost French taxpayers tens of millions of euros. The French letter frames the proposal as “for the benefit of the European Parliament” and an “advantageous offer,” but whether or not that is true, if accepted, it would be a major win for the French government, as it would cement the EU chamber’s presence in the city. The so-called Osmose building is a state-of-the-art office block that boasts 15,000m2 of space, not far from the Parliament’s hemicycle in Strasbourg. Hundreds of MEPs fl...Police chase ends with crash in Westford
Published Fri, 27 Dec 2024 09:45:07 GMT
A police chase ended with a crash in Westford Tuesday, leaving a pickup truck damaged and smashing up a Westford police cruiser in front of the Cornerstone Square Shopping Mall. SKY7-HD was over the scene Tuesday afternoon, where the damaged vehicles were seen and where Littleton Road was partially shut down. “It looked like it was a high speed chase and the truck went into the pole and the cop car just looked like it hit the back of the truck,” said Nathan Lowe who works in the area.Westford police wouldn’t specify whether the pickup truck was part of the chase. Witnesses in the area, meanwhile, said another car may have been involved. One officer was taken to a hospital to get checked out. Witnesses reacted Wednesday afternoon, with one saying he was shocked to hear this crash was the result of a chase. “I think it’s very interesting but scary at the same time,” Lowe said. Shards of glass were still visible around the crash site Tuesday night.&n...Latest news
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