Posts

Mamdani just gave wealthy homeowners more time to avoid his pied-à-terre tax

Image
New York City Mayor Zohran Mamdani introduced the pied-à-terre tax in April. Bloomberg/Bloomberg via Getty Images Mayor Zohran Mamdani extended a deadline for homeowners seeking exemption from his pied-à-terre tax. Eligible homeowners now have until September 18 to apply for an exemption. The tax applies to people who own a secondary property in NYC valued at over $5 million, but who live elsewhere. Wealthy homeowners who might be subject to New York City Mayor Zohran Mamdani's pied-à-terre tax just got more time to avoid it. Mamdani and Department of Finance Commissioner Richard Lee announced on Saturday that the deadline for homeowners to submit an exemption application has been extended to September 18. That's four weeks past the original August 21 deadline. "The extension gives homeowners additional time to establish that the property is their primary residence or demonstrate they are not subject to the surcharge," a press release said. "It also provides mo...

Should you still buy your next smartphone — or subscribe to it instead?

Apple's new Upgrade program is the latest sign that smartphone ownership is changing. from TechCrunch https://ift.tt/PbZUayf via IFTTT

We toured United's fanciest Airbus jet yet, complete with business-class doors and a snack bar. See inside.

Image
Business Insider toured United's newest plane, the A321XLR expected to fly to Europe and beyond. Taylor Rains/Business Insider We toured United Airlines' new ultra-premium Airbus A321XLR at the UK's Farnborough airshow in July. The jet has doors in business class, privacy dividers in premium economy, and a snack bar in coach. It's refreshing to see an airline add premium perks to the economy section. United Airlines' newest Airbus jet is easily the airline's fanciest narrowbody yet . Adorned in a special blue-and-white livery and packed with 150 luxe new seats, the Airbus A321XLR underscores United's continued push to court higher-paying travelers as demand for more comforts grows. Most notably, sliding doors are now a feature in Polaris business class — an increasingly common feature in newer premium cabins and something long requested by many of United's most valuable flyers. Meanwhile, Premium Plus, United's version of premium economy that sits b...

Starbucks is betting bubbles will give sales some sparkle

Image
Two of the new bubbly drinks from Starbucks. Starbucks Starbuck is testing new carbonated versions of its popular refresher drinks in select markets. Non-coffee drinks are playing a key role in Starbucks growth, especially among younger customers. The company said its refreshers line is delivering double-digit year-over-year growth. Starbucks CEO Brian Niccol is ready for some fizz. The company is testing a carbonated version of its Refreshers, which are iced juice and tea drinks often mixed with fruit pieces, that have become one of Starbucks' biggest beverage businesses since launching in 2012. "I'm really excited that we're getting ready to go test sparkling. We're calling it Spritzers," he told investors on the company's third quarter earnings call Wednesday. The company delivered net sales of $9.3 billion for the period, with global comparable sales growth of 7.9%. Of course, sparkling drinks have been a fast food chain staple since the beginning of ...

Florida plans to build air taxi pads using $200M intended for EV chargers

Florida wants to use federal EV charger funds to build an air taxi network connecting golf courses, luxury apartment buildings, and airports. from TechCrunch https://ift.tt/EdmfXQN via IFTTT

'The Diary of a CEO' star Steven Bartlett has lost 4 key podcast staffers in recent months

Image
"The Diary of a CEO" podcaster Steven Bartlett has been making inroads in the US. : Todd Owyoung/NBC via Getty Images Four core UK employees of Steven Bartlett's "The Diary of a CEO" left without specifying their next moves. The long-serving employees worked in key roles on the top business podcast. Bartlett has been looking to the US for growth as he builds his media company, FlightStory. The star business podcaster Steven Bartlett has lost four core employees in the past five months as he grows the show and expands his media empire beyond the UK. The long-serving employees had helped the show become the No. 1 business podcast on Spotify in the US. One departing staffer was Jack Sylvester, who calls himself the "cofounder" of Bartlett's "The Diary of a CEO." He helped establish its presence on YouTube , where the show now has more than 18 million subscribers. Also out: Jem Erith, who was the show's executive producer Anthony Smith, ...