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NIO Q2 Earnings: EPS Beat, Deliveries Growth, Strong Q3 Outlook And More Chinese electric vehicle startup NIO, Inc (NYSE: NIO) reported fiscal second-quarter revenue of 17.45 billion yuan ($2.40 billion), up 98.9% year-over-year and 76.1%% from the previous quarter. Analysts, on average, estimated revenue of $2.44 billion for the quarter. Excluding share-based compensation expenses, the …

Seven survivors were rescued from the boat that sank after leaving Libya. A crackdown by Italy has reduced migration, but not the high death rates that come with crossing the Mediterranean. Source link

It’s been one year since New York enacted a law that barred most whole-apartment rentals for short-term stays on platforms like Airbnb. Since then, the number of stays under 30 days has plummeted in the city, but Airbnb is raising questions about whether the lawmakers’ stated goals—lowering rents and opening …