Tech Was Supposed to Get Political. It’s Hanging Back in This Election.

But as voters go to the polls Tuesday to choose a mayor in one of San Francisco’s most disputed elections in recent memory, the industry that set off a high-rise construction boom and has been blamed for a housing crisis in the city is fading into the background. That is quite a contrast to the last open mayoral election, in 2011.

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Taylor Morrison Home Corp (TMHC) Shares Bought by Swiss National Bank

Swiss National Bank lifted its stake in Taylor Morrison Home Corp by 40.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 194,000 shares of the construction company’s stock after acquiring an additional 55,500 shares during the period.

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Hispanic American Construction Industry Association of Chicago names Itasca-based Mortenson as General Contractor of the Year

Chicago — (May 17, 2018) — The Hispanic American Construction Industry Association has named Mortenson as its General Contractor of the Year. This honor recognizes Mortenson’s commitment to inclusion and diversity in construction and the efforts of …

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Tribes’ proposed Conn. casino approved

The U.S. Department of Interior has issued one of two approvals needed for the construction of a Connecticut casino proposed by two federally recognized Native American tribes hoping to compete with a new Massachusetts casino.

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Why Does Maryland Hate Airbnb?

When Marriott International Inc. was considering relocating its global headquarters from Baltimore to Northern Virginia in 1999, Maryland handed over $44 million in grants to keep the hotel chain in the state.

In 2016, after Marriott again made noises about moving out of Maryland, Gov. Larry Hogan, state lawmakers, and local officials coughed up another $62 million in taxpayer subsidies to support the construction of new headquarters in the affluent D.C. suburb of Bethesda.

But even that wasn’t good enough. After padding the bottom line of the world’s largest hotel chain, Maryland lawmakers are now trying to protect it from competition from home-sharing options like Airbnb and HomeAway.

A bill given serious consideration in Annapolis this spring would require platforms like Airbnb to collect detailed information about hosts and guests, retain it for up to four years, and turn it over to the state government if requested. Failure to comply with any of the rules would result in $500 fines for individual hosts, with each further violation adding another $500 to the tab. Critics say the privacy concerns and escalating fines are clearly meant to deter would-be hosts from renting out their spaces.

The bill’s sponsor, Del. William Frick (D–Montgomery County), hails from the district that not-so-coincidentally contains Marriott’s new, state-subsidized corporate headquarters.

The legislation empowers local governments to pass restrictive rules, such as the one already on the books in Frick’s home county prohibiting more than six people from occupying a rented home overnight for virtually any reason, says Romina Boccia, a research fellow at the Heritage Foundation who testified against the bill this year. Better, she says, to follow the model pioneered by Arizona and some other states, which allow local restrictions on short-term rentals only for health and safety reasons.

Home sharing competes with hotels, of course, but it’s not a zero-sum game. Hosts on platforms like Airbnb are responsive to market conditions. According to economists at Harvard and the Massachusetts Institute of Technology, they “expand supply as hotels fill up, and keep hotel prices down as a result.” That allows more people to travel, generating $276 million in surplus bookings in America’s 10 largest cities during 2014 alone, the researchers found.

This is particularly true during times of extremely high demand—in a city hosting a Super Bowl, for example, or on New Year’s Eve. Hotels used to be able to charge significantly higher prices on those occasions, but the advent of home sharing has increased the elasticity in a region’s supply of sleeping accommodations, allowing additional tourists to visit.

Restrictive rules designed to block home sharing would be “a loss in terms of income for the hosts, but also restaurants, the Uber drivers that take them to places they want to visit, any shopping they do,” says Boccia. “The local communities suffer so that Marriott can charge a little bit of a higher price by killing their competition.”

And no doubt they’ll keep taking tax dollars from Maryland residents while they do it.

Read more from Reason.com…

Big Horn Armory Selects Adaptive Tactical as OEM Stock Provider

The Adaptive Tactical EX Performance Stock has been added to Big Horn Armory’s AR500 Rifle. 

Big Horn Armory AR500 Semi-Auto Rifle
Big Horn Armory AR500 Semi-Auto Rifle

Nampa, Idaho –-(Ammoland.com)- Adaptive Tactical, LLC, manufacturers of innovative firearm stocks and accessories, is proud to announce a partnership with Big Horn Armory. Adaptive Tactical has been selected as Big Horn Armory’s OEM EX Performance stock provider of choice for their AR500 semi-auto rifle.

The AR500 semi-auto rifle is a specialty high-end rifle built by Big Horn Armory in Wyoming. It is chambered in 500 auto max cartridge and is the most powerful short range semi-auto in the world. Based on an AR308 platform, the AR500 is capable of putting 50 BMG power on target with three trigger pulls with very reliable extraction.

“Adaptive Tactical’s EX Performance stock was chosen for Big Horn Armory’s AR500 rifle because it offers an estimated 30 percent felt recoil reduction over the nearest competitor. It is an extremely well made and durable buttstock that is perfectly suited to the recoil of the AR500,” commented Greg Buchel, President of Big Horn Armory.

The EX Performance M4-Style Stock is a high-impact polymer, collapsible, adjustable stock. The EX Performance M4-Style Stock includes an easy-to-reach rapid adjust lever for custom length-of-pull, giving the user better trigger control and performance capabilities. It also includes an integrated QD swivel attachment and molded in non-rust sling swivel attachment for secure mounting to various sling systems. A durable polymer construction with non-slip rubber recoil pad allows for maximum recoil absorption. The oversized extra strength adjustment pin and sleek industrial design makes this the perfect addition to your carbine.

Adaptive Tactical EX Performance M4-Style stock
Adaptive Tactical EX Performance M4-Style stock

“We are very happy to have been chosen by Big Horn Armory as their OEM stock provider for the AR500. Our stocks use an advanced design and high-impact, polymer construction that make this the ideal upgrade. Pairing our recoil reducing stock with the innovative AR500 is an ideal combination of performance and function,” commented Gary Cauble, VP of sales and marketing for Adaptive Tactical.

The EX Performance M4-Style Stock Features:

  • Designed for owner installation
  • M4-style stock with adjustable length-of-pull
  • Easy to reach rapid adjust lever
  • Integrated QD swivel attachment
  • Compatible with Mil-Spec sized extension tubes
  • Dimensions: 2” x 6” x 6 ¼”
  • Weight: 0.8 lbs.

Adaptive Tactical knows what their customers want and is continually striving to provide innovative, unique products for the range and at home. Interested to learn more about OEM opportunities with Adaptive Tactical? Call us at 208-442-8000.

To learn more about Big Horn Armory and the advanced features of the AR500 semi-auto rifle, visit www.bighornarmory.com. For more information on Adaptive Tactical, or for dealer inquiries, visit www.adaptivetactical.com.


About Adaptive Tactical, LLC:Adaptive Tactical Logo

Adaptive Tactical’s design team, a proven leader in firearm stock and accessory innovation, led the way in award winning recoil dampening shotgun and rifle stocks and accessories. Manufacturers of the popular Sidewinder Venom™ mag-fed shotgun system and ADTAC stock systems, Adaptive offers products focused on improving speed, performance and versatility for military, LE, defense, range and competition applications. www.adaptivetactical.com

 

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Russia’s retail business likely to see a boom with increased tourism

Hard times in Russia do teach happy economic lessons in sometimes-painful ways. Not very long ago in Russia the towns with populations of over one million were the regional equivalent of Home Depot, Tedesco, Walmart and IKEA all rolled into one. People would takes days off to travel from the outlying towns and villages to shop in the cities for just about everything that was simply unavailable to them locally. This of course changed, and over time and throughout the first decade of this millennium the construction of hypermarkets and planned retail trade centers spread like a wildfire throughout the country. In most cases, the result was “cookie-cutter” retail. A hypermarket in Vladivostok, Ekaterinburg St. Petersburg, or Moscow contained pretty much the same retailers and stocks with prices varying to reflect shipping costs to deliver the goods to shelves. This replication, or standardization, was seen not only cross-country, but also increasingly cross-town. Sameness and standardization allowed for reduced overheads on the one hand, but played into the strongest aspects and capabilities of e-commerce on the other hand – a conflict conundrum. Hypermarkets and malls became boring in the eyes of many Russian consumers, and increasingly seen as inconvenient.

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