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Inside first global anti-Airbnb conference: Huge French fines, NYC raids
Airbnb, Inc. (NEW YORK) -- France is on track to slap serious penalties on hosts and platforms for illegal short-term rentals including Airbnb or HomeAway, the latest salvo between a major city struggling to fight the unregulated industry of renting out private homes.French President Emmanuel Macron is poised to sign the act into law on Friday, which would impose penalties up to 5,000 euros for hosts and 12,500 for companies who operate home rentals without a government-issued license. For rentals that operate illegally for more than 120 days, fines would be 10,000 euros for hosts and 50,000 for companies. Paris...
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Think beyond Black Friday for travel deals
iStock/Thinkstock (NEW YORK) -- Along with the electronics, clothing and big-box items people wait all year to buy on Black Friday, now's also the time to score big savings on travel.The good news for fliers is that airfare sales will extend beyond Friday, and deals will be available on both Cyber Monday and the lesser-known Travel Tuesday.In fact, this might be one time where the early bird doesn't get the deal. The airfare prediction site Hopper told ABC News' Good Morning America that it expects twice as many fare sales on Travel Deal Tuesday than on Black Friday and Cyber...
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Have a robot hold your spot at the mall -- even on Black Friday
iStock/Thinkstock (NEW YORK) -- The first official shopping day of the holiday season, Black Friday, is close at hand, and with it comes the headache of finding a parking spot at the mall.Unless your local mall has MyPark robots. The devices can be deployed essentially with the swipe of an app: a couple extra bucks and the little devices spring up, blocking your spot until you arrive. When you do, the metal blocking bot folds back down, allowing you to park without fighting anybody for the same slab of pavement.Forbes reports the breakthrough was the brainchild of Ricardo Blanco, a...
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Ford seeks to bake away 'new car smell' to please Chinese customers
iStock/Thinkstock (NEW YORK) -- Most Americans can't get enough of that "new car smell" -- as proof, see the countless air fresheners that purport to restore it to your car as it ages.But the coveted scent -- really a potpourri of new leather, plastic bonding material and other agents -- is offensive to customers in the world's largest car market: China. "Unpleasant interior smell/odor remains the top industry problem in that market," said Brent Gruber, senior director, global automotive, at J.D. Power. "To put that in context, it is nearly double the problem rate of the second most prevalent problem,...
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Chipotle rehires Minnesota manager fired over racial discrimination claims after alleged victim's dine-and-dash tweets surface
Chipotle (NEW YORK) -- Fast-food giant Chipotle rehired a manager of one of its Minnesota franchises it had fired after she was recorded in a series of viral cellphone videos refusing to serve a group of young black men unless they paid first.The restaurant chain said in a statement Monday that it reversed it's decision after it "spent the last few days reviewing the evidence available to us regarding the incident."The company had earlier said it was aware that one of the alleged victims who claimed that he and his friends were racially profiled had previously boasted on Twitter about...
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French bank Societe Generale agrees to pay $1.3 billion for sanctions violations
Michael Brochstein/SOPA Images/LightRocket via Getty Images (NEW YORK) -- Federal prosecutors in New York charged French investment bank Societe Generale with conspiring to violate the Trading with the Enemy Act for processing billions of dollars in transactions for Cuban banks. Societe Generale agreed to pay a $1.3 billion fine as part of a deferred prosecution agreement. The amount represents one of the largest penalties ever imposed on a financial institution for violating U.S. sanctions, according to federal prosecutors. Between 2004 and 2010 prosecutors said Societe Generale arranged $13 billion in transactions that should have been rejected, blocked or stopped for...
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Girlboss panelists discuss the top career mistakes women make and how to avoid them
Hannah Bronfman at the Girlboss Rally. Cindy Ord/Getty Images for GirlBoss Rally NYC 2018 (NEW YORK) -- Over a 1,000 women from 31 countries gathered in New York City this weekend for the GirlBoss Rally, a two-day women's career and networking conference organized by Sophia Amoruso's Girlboss platform.The GirlBoss Rally featured panels on topics ranging from equal pay, building confidence and how to build a side hustle. Female leaders including Arianna Huffington, Brooklyn Decker, actress and co-founder of Finery, and Rent the Runway co-founder Jennifer Hyman, were on hand to answer questions. The goal: to galvanize a community of women...
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Amazon to start delivering fresh, full-sized Christmas trees
iStock/Thinkstock (NEW YORK) -- Starting Monday you can not only order all your holiday presents on Amazon, but also get a full-sized, fresh Christmas tree delivered to your doorstep as well.The tech site CNET and Good Morning America got a first look at the process.“Everything is easy to order on Amazon, so I think it makes a lot of sense for people who are already doing a lot of shopping on Amazon,” Sharon Profis, the executive editor at CNET, told GMA.At the CNET Smart Home in San Francisco, the tree from Amazon was delivered by a courier, and came in...
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Nissan chairman, representative director arrested on fraud charges
Nissan (TOKYO) -- Nissan Motor's chairman and another top executive have been arrested in Japan on fraud charges.In a statement Monday, Nissan said an internal investigation found that for several years its chairman, Carlos Ghosn, and representative director, Greg Kelly, “have been reporting compensation amounts in the Tokyo Stock Exchange securities report that were less than the actual amount, in order to reduce the disclosed amount of Carlos Ghosn's compensation.”“Also, in regards to Ghosn, numerous other significant acts of misconduct have been uncovered, such as personal use of company assets, and Kelly's deep involvement has also been confirmed,” the automaker...
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Target, Macy's and Old Navy among stores open on Thanksgiving, Black Friday
iStock/Thinkstock (NEW YORK) -- If you're more committed to stuffing your shopping bag than your face, then check out all the stores open on Thanksgiving and Black Friday below.Turkey day hours can get confusing with special doorbuster deals bleeding into Black Friday, so make sure to check your store's location to see if it will remain open between the two days.Bass Pro ShopsThanksgiving Day: 8 a.m. - 6 p.m.Black Friday: 5 a.m. - 11 a.m.BelkThanksgiving Day: 4 p.m. - 1 a.m. FridayBlack Friday: 6 a.m. - 10 p.m.Best BuyThanksgiving Day: 5 p.m. - 1 a.m. FridayBlack Friday: 8 a.m. -...
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Generation Y can't even with "Monopoly for Millenials"
iStock/Thinkstock (NEW YORK) -- Monopoly is targeting millennials and actual millennials are sounding off.On the box, Mr. Monopoly appears to be snapping a selfie while wearing a participation award and ear buds. The mascot is also holding some sort of coffee drink, arguably poking fun at millennials' love for lattes.The board includes "Bike Share" spaces and no real estate available for purchase -- presumably due to the game's tagline: "No real estate. You can't afford it anyway."Hasbro released this version of the board game earlier this year but, recently, Millennials have been expressing feelings via Twitter.One posted, "Can you provide...
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Michael Bloomberg donates $1.8 billion donation to Johns Hopkins University
Bill Pugliano/Getty Images (NEW YORK) -- Billionaire businessman and philanthropist Michael Bloomberg is donating $1.8 billion to his alma mater, Johns Hopkins University, in an effort to help lower and middle income students gain access to college. The donation, the largest contribution ever made to an education institution in the U.S., will be devoted exclusively to undergraduate financial aid, according to a joint press release by Johns Hopkins and Bloomberg's charitable organization, Bloomberg Philanthropies. As a direct result of the endowment, Johns Hopkins will be able to permanently commit to "need-blind admissions," which will admit the highest-achieving students from all...
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