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Judge allows lawsuit against city"s property-tax system to proceed

A lawsuit alleging the city's property tax system is biased against low-income and minority owners can proceed, a Manhattan Supreme Court judge ruled Tuesday, dealing a blow to the Cuomo and de... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 26th, 2018

City alleges landlord allowed illegal Airbnb rentals

The city has filed a lawsuit against the Torkian Group, accusing it of participating in an illegal short-term rental scheme that involved three large Manhattan apartment buildings and earned nearly... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 15th, 2019

Move-ins start at new affordable rental complex on Oahu"s Leeward Coast

The project spurred protests and a lawsuit from neighboring residents as well as a new city rule that could affect all affordable housing projects on Oahu going forward......»»

Category: topSource: bizjournalsJan 20th, 2021

Southwest pulls threat of furloughs after relief bill signed

Southwest Airlines is lifting the threat of furloughs or pay cuts for thousands of workers now that U.S. airlines will get up to $15 billion more in t.....»»

Category: topSource: chicagotribuneDec 28th, 2020

5 items you can sell for additional income

If you're looking for extra cash, look to your unused belongings. The unused items collecting dust in your home could be worth hundreds or even thousands of dollars......»»

Category: topSource: moneycentralDec 13th, 2020

Manhattan new rentals plunge 71% as coronavirus freezes the market

New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze during the coronavirus pandemic and more residents left the city, according to a new report......»»

Category: realestateSource: cnbcMay 15th, 2020

Bold NY takes digital route with new leasing platform

Residential brokerage Bold NY is taking its 11,000 rental apartments digital. The company is partnering with Vero Leasing to process its Manhattan and Brooklyn exclusive apartment listings through Vero’s renter-friendly v.....»»

Category: realestateSource: realestateweeklyMay 14th, 2020

Airbus examining restructuring including job cuts -sources

Airbus is exploring restructuring plans involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said, though no decision is imminent......»»

Category: topSource: reutersMay 13th, 2020

Airbus examining restructuring including job cuts: sources

Airbus is drawing up plans for a restructuring involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said......»»

Category: topSource: reutersMay 13th, 2020

Travel firm TUI to make big cost cuts to ride out pandemic hit

European travel company TUI on Wednesday said it needs to reduce its fixed cost base by 30% and cut thousands of jobs as it looks to stay aloft in a market weakened by the coronavirus pandemic......»»

Category: topSource: reutersMay 13th, 2020

Union files lawsuit to halt United’s plan to reduce 15,000 airport workers’ hours as coronavirus cost cuts continue

United Airlines plans to slash 15,000 airport workers' hours to part-time,.....»»

Category: topSource: chicagotribuneMay 6th, 2020

JBG Smith posts coronavirus-tied drop in retail rent, but says it"s positioned to weather the storm

JBG Smith Properties (NYSE: JBGS) CEO Matt Kelly said in an earnings release Tuesday that his Bethesda-based development firm is positioned to weather the coronavirus storm despite headwinds including a drop in rental income from retail and restaurant.....»»

Category: topSource: bizjournalsMay 5th, 2020

Airbnb cuts 1,900 jobs as coronavirus hits home rentals

Airbnb Inc is laying off 25% of its workforce, or nearly 1,300 employees, the home rental startup said on Tuesday, as the COVID-19 pandemic brings global travel to a near standstill......»»

Category: topSource: reutersMay 5th, 2020

Union considering lawsuit after United reduces hours for 15,000 airport workers as coronavirus cost cuts continue

United Airlines plans to slash 15,000 airport workers' hours to part-time,.....»»

Category: topSource: chicagotribuneMay 4th, 2020

U.S. aviation sector cuts more jobs amid travel meltdown

The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic......»»

Category: topSource: reutersMay 2nd, 2020

Houston midstream giant"s net income rises to $1.35B, cuts capex by $1B

Houston-based Enterprise Products Partners LP (NYSE: EPD) had a strong first quarter, despite it ending with the energy downturn. The midstream giant is now taking steps to respond to the current economic conditions and ongoing pandemic. Enterpri.....»»

Category: topSource: bizjournalsApr 29th, 2020

JPMorgan sees rental cars as "worst positioned," cuts Hertz to Underweight

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 23rd, 2020

Dallas City Council approves $13.7M for rent relief

The Dallas City Council on Wednesday approved $13.7 million in relief to help pay rent, mortgages and utilities for most residents who earn less than the median income in North Texas. "We expect to help thousands of Dallas residents to stay in the.....»»

Category: topSource: bizjournalsApr 22nd, 2020

Argus cuts Perrigo to Hold on rising credit risk, generic price-fixing lawsuit

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 17th, 2020

WeWork to make further staff cuts by end of May

Despite eliminating thousands of positions in the last six months, WeWork plans to keep cutting. The company will make further headcount reductions by the end of next month, Sandeep Mathrani, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 15th, 2020