NEW YORK: Rent-a-room giant Airbnb is now in the restaurant reservation business, hoping to provide customers with a memorable meal before they drift off in their home away from home.
The travel accommodations startup that launched in 2008 has teamed up with the firm behind restaurant reservation booking app Resy, which will be a minority shareholder in the new venture, to offer table reservations at 700 restaurants in 16 US cities. The service will expand to more US cities and will eventually roll out internationally.
As the gap between short- and long-term borrowing costs hovers near its lowest in 10 years, some investors worry the so-called yield curve is flashing red: that a recession, always preceded by such a flattening, could be around the corner.
GUEST: America is getting older. The Administration on Aging estimates that the segment of the United States population age 60 or older will increase to 22.2 percent in 2020. This change — driven by increased longevity and the demographic bulge of the baby boom — represents the biggest percentage point increase in the over-60 that America […]
When Apple launched its new App Store in iOS 11 back in September, it aimed to offer app developers better exposure, as well as a better app discovery experience for consumers. A new study from Sensor Tower out today takes a look at how well that’s been working in the months since. According to its […]