Which would you prefer: cheaper rent or a cheaper holiday rental? I’d wager heavily that most people would answer “rent.” It’s a bigger slice of personal spending. Short-term accommodation accounted for just 1% of US household budgets in 2016, compared to the 16% spent on housing, according to analysis from the Economic Policy Institute, a think tank based in Washington, ...

Mercedes-Benz is considering adding more plug-in hybrids to its AMG performance-car lineup, as the world’s top-selling luxury carmaker seeks to balance consumer demand for roaring combustion power with government pressure to meet stricter emission rules. Fleet customers of Daimler AG’s main brand have responded well to a growing list of hybrid models for sale, ranging from compacts to full-size vehicles, ...

Bloomberg E-scooter startup Bird Rides Inc has lost its UK and Ireland boss, Richard Corbett, who left the company after two years at the helm. Since launching in London in 2018, the venture capital-backed startup has struggled to deploy its scooter-rental business as a result of tight regulation, which Corbett says was made impossible to overcome while lawmakers focussed on ...