Airbnb host gets $5000 fine for canceling over race – CBS News

LOS ANGELES – An Airbnb host who canceled a reservation and told the guest, “One word says it all. Asian,” has agreed to pay a $5,000 fine and attend a college course in Asian-American studies, officials with the California Department of Fair Employment and Housing said Thursday. The guest, Dyne Suh, had booked the home […]

Net neutrality supporters say online rally is just the start of the fight to keep tough FCC rules – Los Angeles Times

Some of the Web’s biggest names — Amazon, Google, Netflix and Twitter — joined thousands of smaller websites Wednesday in urging users to tell Washington to leave the Internet the way it is. On website banners, pop-up widgets, blog posts and videos, Web companies said that could only be accomplished by keeping tough net neutrality […]

Yellen comments stir anxiety about inflation data due out this week – CNBC

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Giving up the ghost: investors bail on Snap – Reuters

(Reuters) – Here one minute, gone the next. While that is the premise of Snap Inc’s popular messaging platform, investors also saw any gains from its red-hot IPO disappear when shares plunged far below their initial sale price on Tuesday. Morgan Stanley, a lead underwriter on the company’s initial public offering, slapped a price target […]

How Companies Are Marking the Battle for the Net Protest – Entrepreneur

This Wednesday, some of your favorite websites and apps might not load as quickly as usual — if they load at all. Before you express outrage (or throw your device across the room in frustration), take note: The companies behind these web services are trying to send a message about net neutrality. They’re simulating a […]

Elliott proposes $18.5 billion Oncor deal to top Buffett – Reuters

Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc’s (BRKa.N) deal for the Texas utility with a bid worth $18.5 billion, including debt. Elliott revealed in documents published on its website it was unhappy with the recovery to some […]

Retail stocks plunge as Abercrombie deal scrapped, renewing fears about the apparel sector – CNBC

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China’s Cosco Shipping Offers $6.3 Billion for Rival – New York Times

COSCO Shipping will have a fleet of more than 400 vessels and capacity exceeding 2.9 million TEUs (twenty-foot equivalent units) should the deal go through, it said. Advertisement Continue reading the main story This would make it the world’s third largest container shipping line after Denmark’s Maersk Line and Switzerland’s Mediterranean Shipping Company (MSC), according […]