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...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...The grey areas: How much will the streaming service cost? Who will subscribe to it?...
...But subscriptions outside of North America grew over the same period, and the business unit that contains the streaming services was profitable for the year....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...“Butchers and bakeries are being replaced by Airbnb concierge services,” he said....
Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate
...“Retail spending has been down all year, restaurant spending, travel, services, leisure,” she told CNBC....
Fake tracks are already penetrating streaming sites, posing a threat to musicians’ brands and earnings
...In this year’s ranking, we included the density of dining, retail, leisure and cultural locations, as well as a city’s walkability....
Shares in Carnival, Royal Caribbean and Airbnb have surged as consumers keep spending
...If Microsoft makes Call of Duty free on its Xbox Game Pass service, Sony would inevitably lose console sales....
...Airbnb said its service accounted “for a small fraction of total visitors to Europe”, representing just 4 per cent of total travellers to Venice, for example....
...Collectively, all 50 US states allocated just $110.9mn to publicly-funded problem gambling services this year....
...The company will also provide IT-related training for 10,000 Ukrainians globally through its Amazon Web Services arm....
...There was the inevitable declaration that artificial intelligence features would be integrated into services. Now the company is warning that the second quarter will not be quite so impressive....
...The ESPN Plus streaming service, which launched alongside Disney Plus in 2019, has reached 25mn subscribers. But they pay a fraction of what ESPN earns from cable TV subscribers....
...They were service providers for gambling operators, which again leads us to the question, well, if they're only providing services, whose money are they actually using?...
...McCarthy has tried hard to reorient Peloton away from a capital-intensive, unprofitable hardware peddler towards becoming a slick provider of “Fitness-as-a-Service”....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...The service allows US fans to watch any game shown on the biggest game day of the week....
...Opponents of the transaction worried that a vertically integrated events business could pressure stadiums and arenas to use Ticketmaster services to ensure that Live Nation talent picked those venues....
...Airbnb this week launched several service updates to further increase the number of available rooms and properties....
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