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Auckland-founded Kiki Club launched its peer-to-peer subletting startup in New York City in 2023 with the mission of helping renters sublet their apartments while traveling for extended periods.  However, Kiki’s model violated local short-term rental laws, leading to its shutdown this past June. The New York Mayor’s Office of Special Enforcement (OSE) announced on Wednesday that Kiki has agreed to pay more than $152,000 to settle charges.  Backed by Blackbird, the Airbnb competitor aimed to simplify the subletting process and boldly promised a solution that would let users sublet their spaces for up to six months. The platform used a…

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Los Angeles Dodgers pitcher Shohei Ohtani (17) throws a pitch during the MLB game between the Philadelphia Phillies and the Los Angeles Dodgers on September 16, 2025 at Dodger Stadium in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty ImagesMajor League Baseball officially announced a new three-year media rights agreement with NBC, Netflix and ESPN on Wednesday, foreshadowing the league’s more significant TV deal to come in 2028.The new deal stems from ESPN’s decision to opt out of its “Sunday Night Baseball” package earlier this year. ESPN struck a new deal with MLB, acquiring the rights to MLB.TV…

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The explosive growth of data centers could threaten the stability of the electrical grid this winter, according to an industry overseer. Across North America, demand for electricity this winter is expected to be 2.5% higher than last year for a total of 20 gigawatts, the North American Electric Reliability Corporation (NERC) said in a report released this week. In recent years, winter demand grew by 1% or less.  Data centers are driving a significant chunk of that growth, especially in the mid-Atlantic, U.S. West, and U.S. Southeast, “areas where a lot of data center development is occurring,” Mark Olson, NERC…

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by Mia Taylor Last updated: 1:00 PM ET, Tue November 18, 2025 Hilton is making a series of changes to its Honors loyalty program, including introducing a new elite tier that comes with a variety of elevated benefits.Starting in January, the Hilton Honors loyalty program will include a Diamond Reserve tier, which the hotel giant described as the program’s most elite membership level yet. Some of the perks available to those who achieve Diamond Reserve status include a confirmable upgrade reward that can be instantly redeemed at booking, as well as a guaranteed 4 p.m. late checkout and exclusive customer…

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If you want insight into just how worried VCs (and Silicon Valley, generally) are over legal challenges to AI training on copyrighted material, look no further than AI music site Suno.  Suno, which allows anyone to create AI-generated songs through prompts, announced on Wednesday that it has raised a $250 million Series C round at a $2.45 billion post-money valuation. The round was led by Menlo Ventures with participation from Nvidia’s venture arm NVentures, as well as Hallwood Media, Lightspeed, and Matrix.   The company offers consumer monthly subscriptions (a free tier plus $8 or $24 per month plans) and launched…

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NEW YORK (AP) — The 76th National Book Awards will unveil this year’s winners Wednesday night, with novels by Megha Majumdar and Karen Russell, and a memoir by Yiyun Li among the finalists in one of the most high-profile literary events.Hundreds of writers, publishers, editors and other industry professionals are expected to gather at Cipriani Wall Street in Manhattan for a dinner ceremony that will include honorary awards for fiction writer George Saunders and author-publisher Roxane Gay. Emmy-winning actor-comedian Jeff Hiller will host, and Grammy winner Corinne Bailey Rae is the musical guest.Competitive awards will be announced for five categories…

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A JetBlue Airways Airbus A321 airplane departs from Los Angeles International Airport en route to New York on Oct. 17, 2025 in Los Angeles, California.Kevin Carter | Getty ImagesJetBlue Airways is pushing its fleet of single-aisle planes deeper into Europe next year with seasonal daily flights to Milan, Italy, and Barcelona, Spain, from Boston, its latest bid to win over higher-spending vacationers.Daily service from Boston to Barcelona is set to debut on April 16, and the daily Milan flight from Boston is scheduled to begin May 11, the airline said Wednesday.U.S. carriers — from JetBlue’s new earn-and-burn miles partner United…

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Last updated: 2:00 PM ET, Tue November 18, 2025 Universal Destinations & Experiences is revealing more of the details surrounding Universal Kids Resort, a Texas theme park set to open in 2026 that’s being designed specifically for families with young children.Newly announced details include cover the attractions, shows, food & beverage and merchandise experiences to be featured at the resort. In particular, there will be seven themed lands at the resort, including DreamWorks’ Shrek’s Swamp, Jurassic World Adventure Camp, Nickelodeon’s SpongeBob SquarePants Bikini Bottom, Illumination’s Minions vs. Minions: Bello Bay Club, DreamWorks’ TrollsFest, DreamWorks’ Puss in Boots Del Mar and…

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Walmart is in talks to buy a startup called R&A Data, a company founded by two Israeli scientists that works to reduce scams and counterfeits on online marketplaces, according to people familiar with the matter and records reviewed by CNBC. The potential acquisition would come at a key time for the largest U.S. retailer as incoming CEO John Furner prepares to take the helm early next year. Walmart’s third-party marketplace has become a central part of the company’s strategy to increase profits faster than sales, and has helped it expand its e-commerce business, which grew 25% in the U.S. in its…

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by Mia Taylor Last updated: 2:55 PM ET, Tue November 18, 2025 Americans are supporting train travel in droves.Newly released Amtrak statistics show that the national rail operator closed Fiscal Year 2025 (FY25) with record ridership and revenue, marking another important year of growth and strong performance. Amtrak provided 34.5 million customer trips in 2025, a figure that’s an all-time record for both ridership and revenue for the second consecutive year. That figure is also a 5.1 percent increase over the 2024 fiscal year.The news comes as Amtrak’s Northeast Regional trains reached their highest on-time performance in recent years and…

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