Airbnb (ABNB) is asking New York City officials to scale back regulations on short-term rental hosts. New York's Local Law 18 requires hosts to apply for a license from the Office of Special Enforcement (OSE).

Hilton Worldwide (HLT), Marriott International (MAR), and Hyatt Hotels (H) workers are striking nationwide as walkouts organized by the Unite Here union protest against working conditions and demand for higher wages.

Chinese airline Cathay Pacific (0293.HK, CPCAY) has cited component failures in aircrafts' Rolls-Royce (RR.L) engines, leading to flight cancellations throughout the week.

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This post was written by Luke Carberry Mogan.