World News
Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers
The process of buying a home has seemingly never been simpler: Find a property on a listings website like Zillow, Redfin or Trulia; reach out to the listing agent; tour the property; and make an offer. But for years behind the scenes, experts say, consumers have not been fully aware…
Read More »United Airlines CEO responds to string of safety incidents that have rattled passengers
United Airlines CEO Scott Kirby is seeking to reassure passengers after a string of safety incidents raised concerns. In a letter sent out early Monday to United customers, he said the incidents, though each unrelated, had caught the company’s attention and “sharpened [its] focus.” “Our team is reviewing the details…
Read More »JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble
JetBlue is ending service to and from Kansas City as part of a broader route reorganization in the wake of a federal judge’s decision to reject its merger with Spirit Airlines. The New York-based carrier also said it would trim routes out of Los Angeles International Airport and Fort Lauderdale-Hollywood…
Read More »Joann Fabrics and Crafts files for Chapter 11 bankruptcy
Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy protection as it seeks to reorganize its finances. In a release accompanying its filing, Joann said its stores and website would remain open and continue operating as usual. ‘Customers, vendors, landlords, and other trade creditors will not see any disruption…
Read More »EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted
The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that is still used in some chlorine bleach, brake pads and other products and that kills tens of thousands of Americans every year. The final rule marks a major expansion of EPA regulation under a landmark 2016 law that…
Read More »Trader Joe’s-branded cashews sold in 16 states recalled over salmonella concerns
A Trader Joe’s-branded cashew product sold in 16 states is being recalled over salmonella contamination concerns. In a notice posted on the Food and Drug Administration’s website, Wenders LLC said some of its Trader Joe’s 50% Less Sodium Roasted & Salted Whole Cashews product had tested positive for the presence…
Read More »Home buyers to be spared broker commissions up to 6% under Realtor group settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, commonly of up to 6% of the purchase price. Instead, home buyers and sellers would be able to negotiate fees with their agents upfront. If the $418 million legal agreement is…
Read More »What the National Association of Realtors’ settlement means for consumers and brokers
A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has seen in a century. It could dramatically drive down homebuyers’ costs — and push some real estate brokers out of business. Here’s…
Read More »Home buyers to be spared automatic broker commissions under new settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, commonly of up to 6% of the purchase price. Instead, home buyers and sellers would be able to negotiate fees with their agents upfront. If the $418 million legal agreement is…
Read More »Boeing did not retain security camera footage showing work on Max jet door that blew out, NTSB says
Security camera footage showing work being done on a Boeing Max 9 door plug that later blew out mid-air has been overwritten, the head of the National Transportation Safety Board said. In a letter to the Senate Committee on Commerce, Science, and Transportation that is reviewing the incident and Boeing’s role…
Read More »