#transaction

#transaction

Despite a positive trend in bus and rail ridership recovery, now at 70% of pre-pandemic levels, the remaining 30% deficit presents a formidable obstacle for transit agencies striving to return to previous numbers and higher.According to S&P Global Ratings, reaching 80-85% of pre-COVID-19 ridership levels may not be achievable until 2026.

The UK's third and fourth operators by market share have today announced their intention to merge.We're talking about Vodafone and Three.The combined company would leapfrog past both EE (the current No.1) and O2 (the No.2), creating the country's biggest operator while at the same time lowering competition, since where there were four, there will be only three.

The Washington Post published a story today that details some aspects that have not been made public before of the sale agreement for the Washington Commanders between Dan Snyder and the Josh Harris group.The Post story says that the contract includes an "earnout", which the story describes as "a form of contingent, deferred consideration that is often utilized to reconcile a difference of opinions between the buyer and the seller regarding the fair market value of the target business as of the date of the closing."

The $6.05 billion sale of the Commanders from Daniel Snyder to Josh Harris is before the NFL finance committee.(Nick Wass/AP)Josh Harris's $6.05 billion deal to purchase the Washington Commanders from Daniel Snyder includes an "earnout," a structure that would provide Snyder with a deferred payment of an amount contingent on the franchise reaching specified financial benchmarks, according to five people with knowledge of the terms of the sale.

In the past week, the Bitcoin network has made progress in resolving its congestion issues.On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog.However, as of today, that number has been reduced to 263,406.Currently, 184 blocks need to be cleared to process the majority of transactions that are still stuck in the network's mempool.

The interview has been edited for length and clarity Q.Shopoff Realty Investments bought 26 acres at Westminster Mall and and has submitted plans to the city for 1,065 rental units and 102 ownership townhomes.The plan also includes roughly 10% affordable units.(Rendering courtesy of AO) One suggested salve for California's housing affordability ailments is turning dead or dying retail space into new residences.

Lowell is the setting of an episode of the second season of Hulu's Taste the Nation with Padma Lakshmi, which is premiering on the streaming service today.The 10-episode series once again finds program Lakshmi, an award-winning cookbook author and the show's executive producer, taking viewers on a culinary adventure across America, exploring the diverse communities behind what's cooking in kitchens around the country.

A new Senate bill amendment backed by the Cook County treasurer's office and the Chicago Community Trust seeks to reform Illinois' property tax sale system.Backers such as state Rep. Kam Buckner, a Chicago Democrat, say the bill would cut the cost for homeowners trying to pay off property tax debt in half, close a loophole that critics said allowed private investors and hedge funds to profit off local governments and help get vacant or abandoned properties back on the tax rolls.

What is HUD?When government assistance enters the homeownership conversation, the subject often centers on federal lending giants Fannie Mae and Freddie Mac.The United States Department of Housing and Urban Development (HUD) generally remains in the background, despite being the principal agency tasked with administering the nation's housing needs.

Many of us are desperate to travel this summer after a pandemic stifled our plans for years.But travelers and I'm sorry to be a killjoy should beware: Those seemingly cheap plane tickets or hotel rooms advertised online may be a trap to make you spend more than anticipated.That's because hotels and airlines, struggling to recoup their losses from the pandemic, are increasingly resorting to nickel-and-diming consumers with hidden charges, according to studies and travel experts.

The manager of a morgue at Harvard Medical School has been charged with selling body parts from donated cadavers and allowing buyers to come to the morgue to choose which parts they wanted, federal prosecutors said on Wednesday.Prosecutors said that the manager, Cedric Lodge, 55, and his wife, Denise Lodge, 63, both of Goffstown, N.H., and three others had been indicted by a federal grand jury in Pennsylvania on charges of conspiracy and interstate transport of stolen goods.

Donald J. Trump went to bed Tuesday night, on the eve of his 77th birthday, as a now twice-indicted former president and current front-runner for the Republican nomination for the White House in 2024.Some birthday, Mr. Trump grumbled on Tuesday as he visited Versailles, a popular Cuban coffee shop in Miami.

Americans' approval of the Supreme Court has fallen since the start of the year, according to a new poll released Wednesday, with 41% of the country saying it approves of the nine justices amid a barrage of media reports and watchdog complaints concerning ethics and transparency at the nation's highest court.

Harlan Crow, the GOP megadonor and real estate magnate who paid for luxury travel for Clarence Thomas, defended his relationship with the Supreme Court justice in an extensive interview with The Atlantic, reiterating he has never discussed cases before the court with Thomas.I have never, nor would I ever, think about talking about matters that relate to the judiciary with Justice Clarence Thomas, Crow said in the interview.

The goal of All aTwitter is to give readers a handy spot to check the Washington Commanders beat writers & bloggers, national sports journalists, and football fans in order to keep up on the latest news and opinions about Washington, the NFL, and sports in general, along with a smattering of other things.

Salesforce's series of generative AI, ChatGPT-style tools rolling out this year are designed to provide customers with large language models integrated with the company's products.Salesforce on Monday announced a comprehensive expansion of artificial intelligence products under a new AI Cloud name.The products are designed to give CRM workforces generative AI tools tailored to Salesforce's Slack, Einstein, Data Cloud, Tableau, Flow and MuleSoft offerings.

The Washington Commanders announced Friday that owners Dan and Tanya Snyder had entered into an agreement to sell the team to a partnership led by Josh Harris.The deal must now be approved by NFL owners and the league's finance committee.Harris, who originally hails from Maryland, currently owns the New Jersey Devils and the NBA's Philadelphia 76ers.

Dan Snyder has agreed to sell the Washington Commanders to 76ers owner Josh Harris, but the final piece of Snyder's NFL exit still needs to come through.Dan Snyder's embarrassing tenure as the owner of the Washington Commanders is just about over.On Friday, Snyder and Josh Harris announced an agreement on the sale of the Commanders to a group of investors led by the 76ers owner.

Dan Snyder is finally selling the Washington Commanders, and the group led by billionaire Josh Harris will be taking over after the sale is approved by NFL owners.The group led by Josh Harris has completed a signed agreement to purchase the Washington Commanders from Daniel Snyder.The agreement gives Harris and his investors a 90-day exclusivity window to attempt to have the $6.05 billion deal approved by the NFL finance committee and ratified by the league's team owners.

Realtor.comFor most people, a private island falls firmly within vacation-only territory.But the property known as Merancas Island, offers a full-time getaway for its next owners.The 14,000-square-foot, 4.5-acre island on North Carolina's beloved Lake Norman is available for $22,000,000.Just 30 minutes from uptown Charlotte, Merancas Island is accessed by causeway.

Josh Lavallee/NHLI via Getty Images / Realtor.comThere's some big news out of Sin City for NHL winger Max Pacioretty.The sale of his Las Vegas estate for $11 million has set a new bar as the most expensive ever in The Ridges, a luxury home community.What's more, this transaction is also the highest sale price so far for the greater Las Vegas area in 2023.

The title insurance industry is on the front lines in a never-ending war with the fraudsters.As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud, criminals looking for larger paydays have turned to mortgage payoffs.The numbers are going up, Sejal Lakhani-Bhatt, the CEO of Techwerxe, told National Settlement Services Summit (NS3) attendees Wednesday afternoon.

Escrow is a key part of real estate transactions and mortgage agreements, but many homebuyers and homeowners aren't familiar with escrow and how it works.Escrow protects homebuyers, sellers, homeowners, and even lenders with real estate-related financingit supports those parties throughout the homeownership lifecycle.

With rates around 6.9% and home prices still near record highs, homebuyers are demanding that their loan officers provide options to lower monthly mortgage payments as much as possible.Michael J. Barnes, a branch manager at Mann Mortgage, recently had a client who planned to live in a new home for five years before selling it.

Direct retail lender Revolution Mortgage has scooped up two of loanDepots top LOs, accelerating its plans to expand market share despite a tough origination environment.Jorden Brok and Brett Lotsoff are producing area managers and SVPs of mortgage lending at Revolution Mortgage and are tasked with expanding the company's footprint in the greater Chicago area.

Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. Horton Inc. in a $1.5 billion deal, as Bloomberg first reported.The deal includes a combination of completed homes and homes that are not yet finished, according to the outlet, which cited people familiar with the transaction who asked not to be named.

This is part four of an ongoing, five-part series.Part one, the introduction, is here.Part two, about breaking up ad-tech companies, is here.Part three, about banning surveillance ads, is here.When Steve Jobs unveiled the iPad in 2010, he didn't just usher in a new kind of computing device - the first mainstream touchscreen tablet - he also promised a new model for internet-based publishing: paid subscriptions.

Ministers were warned about the dangers of private equity taking over the water industry in a briefing that has been kept secret for 20 years, the Guardian can reveal.Details of the analysis are still being withheld as sewage pollution and the failure of water companies to invest in infrastructure are under national scrutiny.

The linear TV industry's measurement debacle spilled over into the streaming-focused NewFronts last week.Smart TV manufacturers Samsung, Vizio, LG Ads and Roku all held NewFronts presentations where they bragged about their automatic content recognition (ACR) data, which the industry has been putting on a pedestal because it can add a level of consistency to TV measurement.

The TV upfronts are a red-carpet event for programmers to show off their content, brag about how many viewers they have and, ideally, snag more ad commitments than the year prior.But all the glitz and glam in the world can't change the fact that economic pressures and unresolved measurement issues are restricting growth in upfront spending this year.

After three relatively unsuccessful seasons with the Washington Capitals, forward Anthony Mantha could be making his way out of DC this summer.According to the Daily Faceoff's Frank Seravalli, the Caps have let other teams know that they are ready to move on from Mantha.The 28-year-old winger has one final season remaining on his current contract that will pay him $5.7 million.

Dezeen School Shows: a plant-filled co-working space and a sculpture representing the financial struggles faced by transgender people are included in Dezeen's latest school show by the University of Plymouth.Also included is a light installation informed by the shape of a fish and a project that challenges human-centric perspectives of architecture.

The media mogul Rupert Murdoch has closed on his purchase of a mansion-size apartment overlooking Central Park, paying $35.2 million, which was well above the asking price.Mr. Murdoch, the founder and executive chairman of the News Corporation, which owns Fox News, bought the full-floor co-op at 150 Central Park South, a.k.a. the Hampshire House, from the estate of Julian H. Robertson Jr., a hedge fund pioneer and philanthropist who died last year.

Since now you understand how eventual consistency helps microservices, let's discuss a couple of different ways to implement eventual consistency with microservices.Conflict Resolution Mechanisms
Conflict resolution mechanisms are used when there is a high chance of conflicting updates to the same data item in different data stores.

EDA as known as Event Driven Architecture is one of the trending software architectures nowadays.Many organizations and systems adopt this pattern due to its scalability and flexibility.Let's discuss the basics of events, event sourcing & CQRS, streaming, logging & monitoring and implementation strategies through this article.

1. Scalus is a powerful, open-source language for writing distributed applications that are secure, reliable, and easy to maintain.
2. Scalus allows developers to write code that is separated into distinct layers that are optimized for the different levels of trust and security required for different applications.

For the first time since 2016, the New York Knicks won't have a draft pick in the annual NBA Draft scheduled to take place on June 22 inside the Barclays Center in Brooklyn, NY of all places.If you're wondering why, the reason for that is very simple although it goes all the way across the globe as it's related to a little big fella from the Eastern region of Europe: Kristaps Porzingis.

This article includes spoilers for the series finale of Succession.For nearly five years now, certain homes and offices and the punchier corners of social media have dilated around a billion-dollar question: Which wounded nepo baby would succeed Logan Roy, the founder and chief executive of Waystar Royco, as the head of a baleful empire that includes cruise ships, theme parks and ATN, a scaremongering media conglomerate?

s-stranglehold-over-journalism
1. Ad-tech companies have a stranglehold on journalism that needs to be broken in order to save the news industry.
2. Journalism needs to be protected so that it can continue to provide accurate and reliable information to the public.

Jump to content Sign up to our newslettersSubscribe News Sports Voices Culture Lifestyle Travel Premium Close UK: British Airways System Outage Sparks Chaos At Heathrow Airport Passengers are facing travel chaos as electronic passport gates have gone down across UK airports.The issue is likely to cause long delays at passport controls for bank holiday travelers flying into the country as all airports that use the gates are affected.

Nearly four in 10 (39%) older people are not managing their money online and could therefore be at risk of financial exclusion, according to Age UK.A survey found a high level of support for in-person banking, with three-quarters (75%) of over-65s with a bank account wanting to undertake at least one banking task in person at a bank branch, building society or Post Office.

Remember the trade deadline?Do you want to forget the trade deadline?No matter your opinion of the Toronto Raptors decision to stay fairly quiet during the 2023 NBA trade deadline, there was one transaction that changed the course of this Raptors season - and seasons beyond this one, ultimately.Jakob Poeltl was traded from the San Antonio Spurs back to the Toronto Raptors after being traded to the Spurs by the Raptors in 2018 as part of the Kawhi Leonard deal.

(Irfan Khan / Los Angeles Times)

One of California's biggest ghost towns has been sold to a mysterious buyer whose plans are unclear.Eagle Mountain, located in Riverside County near the southeast corner of Joshua Tree National Park, was once a bustling iron mine.The 10,000-acre site has sold for nearly $22.6 million, according to Securities and Exchange Commission records.

Private credit historically has offered premium yields above the run-of-the-mill public market fixed incomes offerings for investors.As traditional credit markets pull back on lending in commercial markets, more and more companies, especially those that are private equity-backed, are turning to private credit for their financing needs.

With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space.We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 5/13 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Integrated Projects, Antimetal, and much, much more.

Former Cowboys running back Ezekiel Elliott still hasn't found a team yet.Here's where one slightly sketchy source thinks he'll end up this offseason.The Dallas Cowboys parting ways with Ezekiel Elliott was one of the most obvious outcomes this offseason.People would have placed big bets to see Zeke get released, regardless of what notorious madman Jerry Jones was saying at the time.

An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020, in Fort Lauderdale, Florida.Joe Raedle / Getty Images A Massachusetts-based federal judge on Friday sided with the Biden administration plus six states and the District of Columbia, which launched an antitrust challenge to American Airlines and JetBlue Airways' "de facto merger" for Boston and New York City.

The revelation comes as John Roberts has rejected a request to testify in front of Congress on Supreme Court ethics.Jane Sullivan Roberts (L), wife of Supreme Court Chief Justice Nominee John Roberts (R), wipes lipstick from Roberts's cheek after giving him a kiss at the end of the judge's testimony during confirmation hearings before the Senate Judiciary Committee September 15, 2005 in Washington, D.C.Mark Wilson / Getty Images Just two years after John Roberts was confirmed as Supreme Court chief justice, his wife Jane Roberts began a career as a law recruiter - a move which netted the couple millions of dollars, a new report has revealed.

The government has announced new details of an agreement with Visa and MasterCard that will see them lower the amount that they charge retailers when a customer pays for a purchase with a credit card.Known as so-called interchange fees, they have long irritated merchants by allowing the credit card company to keep a percentage of every sale, instead of a flat fee for each transaction.

When the Los Angeles Dodgers initially reached an agreement with the Boston Red Sox to acquire Mookie Betts and David Price in a blockbuster three-team trade that also included the Minnesota Twins, they were poised to part with Kenta Maeda.But after reaching an impasse that held up the finalization of the deal, the Dodgers were forced to proceed without the Twins being part of the transaction.

Do you have a knack for writing that you want to harness into a really cool business model that earns substantial cash?A newsletter side hustle might be just the thing to put those writing skills to the test and move beyond basic email marketing.You can encourage subscribers and scale your income off of minimal time invested.

Wells Fargo-backed mortgage fintech Maxwell has struck a deal to acquire mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank.The financial terms of the transaction have not been disclosed.The deal, announced on Tuesday, expands Denver, Colorado-based Maxwell's secondary market trading platform and brings hundreds of new clients to the company's other solutions.

Center Sam Mustipher is returning home.The Owings Mills native, who grew up near the Under Armour Performance Center, signed with the Ravens on Monday.The team announced the transaction.Mustipher recently worked out for the Ravens.The Ravens lost backup center Trystan Colon, who signed with the Jets as a free agent.

Agencies are busy gearing up to buy client campaigns on alt currency this upfront season.This year will be the year of "massive change" for the industry, as it truly begins the process of using alt currencies for campaign buying, selling and measurement, said Brad Stockton, SVP of US national video innovation at Dentsu.

Are you looking for inspiration to improve your organization's marketing performance?Well, there's plenty of inspiration if you keep your eyes and ears open.This may seem obvious, but sometimes I have to remind myself of this fact and of all the opportunities out there.As marketing-oriented professionals, we're all responsible for contributing ideas, regardless of where we sit on the organizational chart.

Outdoor advertising technology leadersAdkom,Blip, andBroadsign today (May 11th, 2023) announced a technology collaboration that brings more than 2,000 large format, roadside digital billboards located in more than 190 markets to the Broadsign supply-side-platform (SSP).Advertisers and media buying agencies around the world can now access the inventory via any of the demand-side-platforms (DSPs) integrated with the Broadsign SSP, including the Broadsign Ads DSP, while independent roadside media owners on the Adkom and Blip networks gain new programmatic revenue opportunities.

Google CEO Sundar Pichai, who's currently hard at work automating human labor at an incredible scale, is very confused as to why anyone might suggest that AI might replace human workers.Fresh on the heels of Google's Wall Street-winning and heavily AI-focused I/O conference, Pichai made an appearance on The Verge's Decoder podcast.

Sundar Pichai is the CEO of Google and Alphabet.We spoke the day after Google I/O, the company's big developer conference, where Sundar introduced new generative AI features in virtually all of the company's products.It's an important moment for Google, which invented a lot of the core technology behind the current AI moment.

A couple of years ago, starting your own business required a significant investment of time, money, and resources.Now that AI tools and remote working are here, you can start automating your existing online business or create a new highly-automated one with relative ease and convenience.You'll still need to put in a lot of work-there's no doubt about that.

Hollywood is no stranger to anti-aging efforts on-screen and off, so these fun and mostly harmless deepfakes have been widely accepted as positive technological advances.But with the advent of artificial intelligence programs including ChatGPT, Midjourney and DALL-E, whose speed and results are both mesmerizing and somewhat terrifying, alarm bells are going off among entertainment's creative set.

Dan and Tanya Snyder have agreed to sell the Washington Commanders to an investment group led by Josh Harris, the two sides said on Friday, leaving only the N.F.L. to sign off on the $6 billion sale.The two sides had reached a tentative agreement a month ago, but the nonexclusive deal gave Snyder the ability to continue to look for other bidders, or even walk away.

Home Point Capital reported another quarterly loss on Friday morning, just two days after announcing that it is being sold to Mr. Cooper Group for $324 million in cash.The transaction will result in the company shutting down in the coming months.In the first quarter, Home Point's origination and servicing businesses were in the red amid declining production volumes and a negative change in the fair value of its mortgage servicing rights (MSR).

(Irfan Khan / Los Angeles Times)

Los Angeles Mayor Karen Bass' homelessness team is looking to purchase a 15-story hotel in the city's Westlake neighborhood, the latest big expenditure planned as part of her "Inside Safe" program.In a memo sent to the council's Budget, Finance and Innovation Committee, Bass and her team acknowledged they are seeking to acquire the 294-room Mayfair Hotel, which served for two years as interim homeless housing before closing its doors last summer.

Dallas, Texas-based Mr. Cooper Group has entered into an agreement to acquire struggling Home Point Capital for $324 million in cash, the companies announced on Wednesday.The transaction will ultimately result in the seller shutting down operations.Rumors that Mr. Cooper was interested in Ann Arbor, Michigan-based Home Point spread after the latter sold its wholesale origination business to The Loan Store on April 7.

The New England Patriots added to their cornerback group on Tuesday.As the team announced, Tae Hayes was brought back into the fold after already spending time on the practice squad and active roster down the stretch in 2022.Hayes was originally waived in mid-February, but three months later has now returned.

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/9/2023 featuring funding details for Assemble, BurnerPage, and much more.This page will be updated throughout the day to reflect any new fundings.Assemble - $1.2M
Assemble, an SMS-based support community for nurses, has raised $1.2M in Pre-Seed funding led by Surface Ventures.

Frederick Munawa is a Technology Reporter for Coindesk.He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks.A lucky miner raked in 6.701 bitcoin ( BTC) or almost $200,000 in transaction fees on Sunday night, exceeding Bitcoin's current block subsidy of 6.25 BTC - an extremely rare occurrence that illustrates how a recent burst of activity on the blockchain related to the Ordinals protocol has led to soaring costs for users.

Flagstar Bank, a top-25 U.S. mortgage lender, recently participated in two M&A deals.In December 2022, the bank concluded the merger with New York Community Bancorp after waiting for regulatory approvals for over a year.In March 2023, Flagstar surprised the market amid the banking crisis by acquiring some assets, liabilities and deposits ofSignature Bank from the Federal Deposit Insurance Corporation ( FDIC).

Fintech software and hardware company Mortgage Automation Technologies, Inc. announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology, a division of Intercontinental Exchange, Inc.

The bigger our database, the more we need to care about the performance.Returning too much data at once through our API might not be the best approach when it comes to performance.A common solution is to divide our data into chunks and present it to the user as infinite scrolling or multiple pages.In this article, we implement it with PostgreSQL and Prisma.

Activists call for ethics reform of the Supreme Court in Washington on May 2. The calls come amid recent allegations of misconduct among some Supreme Court justices.J. Scott Applewhite/AP New reporting from ProPublica has revealed another example of undisclosed expenses that Supreme Court Justice Clarence Thomas received from a wealthy Republican donor.

"The recently issued NPRM establishes a series of content requirements for counterclaims raised based on contractual agreements... [They] also establish various discovery procedures regarding such agreement-based counterclaims."On May 3, the U.S. Copyright Office published a notice of proposed rulemaking (NPRM) in the Federal Register amending final rules promulgated for infringement proceedings conducted by the Copyright Claims Board (CCB).