Whenever lawmakers get round to contemplating a closeout finances invoice, Secretary of State William Galvin desires them to bulk it up with $50 million extra to assist Bay Staters warmth their houses this winter.
Galvin’s workplace introduced Tuesday that the Democrat would file an modification to the pending supplemental finances as soon as it begins to maneuver that will create a $50 million reserve within the care of the state treasurer to fund house heating oil provide, renewing a push he made in September.
That cash may very well be used to supply ensures or loans to Massachusetts gasoline wholesalers to allow them to purchase extra stock or to help particular person householders with the price of buying house heating oil, Galvin stated.
“No matter how you heat your home, prices are going to be much higher this winter than they were last year,” Galvin stated in an announcement.
Airbnb posts $1.2B 3Q revenue
Airbnb reported a report $1.21 billion revenue for the third quarter as bookings and common each day charges elevated, and the corporate stated Tuesday that demand for short-term leases stays sturdy regardless of uncertainty over the financial system.
The revenue and bookings have been each lower than Wall Street anticipated, nonetheless. The firm stated bookings progress will gradual within the fourth quarter whereas common each day charges will even be pressured.
Airbnb shares fell 7% after about two hours of prolonged buying and selling.
Airbnb shares have dropped almost 35% this 12 months regardless of the restoration in journey, a extremely worthwhile first half of the 12 months, and relentlessly upbeat commentary from CEO Brian Chesky and different firm leaders.
Source: www.bostonherald.com”