Business

Cities press EU for tougher laws governing Airbnb rentals

An alliance of 22 European cities urged the EU on Thursday to enact tougher rules on Airbnb and other short-term holiday rental platforms, accusing them of driving up property prices and squeezing out locals.

Business

EXPLAINER: What is Musk really doing as he guns for Twitter?

Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms "free speech." But his offer, which seemed to fall flat with investors on Thursday, raises ...

Energy & Green Tech

Bio-based chemicals could reduce fossil fuel use

Petrochemicals, the oil- and gas-derived compounds that serve as the molecular backbones for much of modern commerce, commanded a $539.3 billion market value in 2018.

Business

Apple iPhone sales tumble, trimming profit

Apple shares were sent reeling Thursday on word of a steep drop in sales of iPhones, which are at the heart of the tech titan's money-making engine.

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