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New London Mayor OKs city airport expansion

  Bloomberg Newly elected Mayor Sadiq Khan has dropped the Greater London Authority’s objection to London City Airport’s plan to purchase land it will need if its expansion plans are approved by the U.K. government later this year. The Labour mayor, who was elected last week, is withdrawing a key obstacle used by his Tory predecessor, Boris Johnson, to oppose ...

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Inside the real estate crowdfunding land rush

  Bloomberg Last month a Texas entrepreneur took to Craigslist with a surprising offer: For $50,000, the author of the listing would part with 5 percent of a real estate crowdfunding startup that he said would generate profit within three months. Seemant Nakra, who posted the ad, said it hasn’t led to new investment in his Austin-based company, Equity Brick, ...

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Qatar Airways postpones longest non-stop flight

  Doha & Paris / Reuters Qatar Airways has delayed the launch of the world’s longest scheduled direct flight — from Doha to Auckland, New Zealand — by two months because of the late delivery of Airbus A350s, an airline spokeswoman said. “I can confirm we are looking at February. It’s due to aircraft availability, specifically the delay in delivery ...

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