billion

A $7 Billion Mistake? New York Seeks to Curb New Hotels.

Mr. de Blasio’s plan is about to enter a critical stage, as officials prepare to present it publicly to communities around the city. Once the plan goes through the public review process, it will go to the Council for a vote later this year, where it is expected to pass. That would allow the mayor to finalize the new policy before he leaves office.

The Council speaker, Corey Johnson, is running for comptroller with the backing of the hotel workers union and says he is “happy to see this plan going forward.” Councilman Brad Lander of Brooklyn, another comptroller candidate,

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Google’s Next Billion Users Leader Announces April Departure: TechCrunch

Benzinga

The Real Value Of Influencers And Content Creation – ClubHouse Media Group Inc.

In the wake of the COVID-19 pandemic, social media platforms have become businesses’ greatest allies for brand visibility as many struggle to survive. With the recent digital transformation, efficacy rates for traditional advertising strategies using television, magazines, print media, and even the internet have been decreasing. This makes social media influencer-based strategies increasingly important tools for advertisers. Social media platforms are built to harvest attention by elevating the most engaging content to the widest possible audience. It’s a natural fit. Clubhouse Media Group Inc. (OTC: CMGR)

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American Airlines raises $10 billion by betting on vacation splurges

Come fly with me.

While the glamour of the 1950s Jet Age isn’t coming back, American Airlines Group Inc. has its money on passengers getting giddy about leisure travel again, once the threat of the pandemic subsides.

That was the main idea behind American’s
AAL,
+2.53%

new $10 billion debt financing on Wednesday, which increased from an initial size of about $7.5 billion amid high demand from investors.

Unlike standard corporate debt financing, the new debt is underpinned by the air carrier’s estimated $20 billion AAdvantage loyalty program, which often is linked to a credit card. That way, even

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