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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Airbnb

Airbnb Listings in Cuba Will Soon Be Open to All Travelers

By
Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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March 20, 2016, 12:17 PM ET
Cuba Faces Historic Changes As Relations With U.S. Broaden
HAVANA, CUBA - MARCH 20: Patrons eat breakfast at a rooftop restaurant in the Old Havana nighborhood March 20, 2016 in Havana, Cuba. President Barack Obama is scheduled to arrive in Cuba Sunday afternoon, the first time a sitting U.S. president has visited the island nation in nearly 90 years. (Photo by Chip Somodevilla/Getty Images)Photograph by Chip Somodevilla—Getty Images
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It just got a lot easier to travel to Cuba.

Home sharing service Airbnb (AIRBNB) announced on Sunday that the Obama administration has authorized it to open up listings to travelers around the world, the Associated Press reports. Travelers can begin booking rentals as of April 2.

This announcement arrived on the same day that President Obama began his visit to Havana, the country’s capital, and the day after Starwood Hotels & Resorts signed a deal with Cuba. As Fortune reports, Starwood has become the first U.S. hotel company to sign a deal with there in over 50 years, since Fidel Castro came into power. Currently all Cuban hotels are managed by the government and supposedly have infamously inferior service and infrastructure.

Airbnb first began offering rentals in Cuba on April 2, 2015, but they were available exclusively to U.S. travelers. Exactly one year from the date it began operations in the country, it will extend its services to consumers traveling from other countries.

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