3 hours ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry **** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Legacy West apartments average $1,845 a month, a 9% premium over comparable Dallas properties that's smaller than any other demand pocket RealPage tracks, yet the submarket needs the fewest concessions to stay leased.
The pocket posted 95.5% occupancy in the second quarter, two points above the Dallas metro average, anchored by roughly 12,000 corporate jobs from employers including Toyota, JPMorgan Chase, and Frito-Lay.
Because Legacy West's strength rests on continued corporate expansion rather than a larger price premium, its durability depends on employers in the Plano-Frisco corridor keeping up their hiring pace.
Apartments in Legacy West command the smallest rent premium of any demand pocket in the Dallas metro, yet the submarket needs fewer concessions to stay full than any of its peers, according to RealPage. The corporate-anchored district straddling the Plano-Frisco border averaged $1,845 in effective rent in the second quarter, a 9% premium over comparable metro properties. That's the smallest premium among the demand pockets RealPage tracks across Dallas, even though Legacy West's occupancy and leasing strength outperform them.
#legacy #dallas #demand
Legacy West apartments average $1,845 a month, a 9% premium over comparable Dallas properties that's smaller than any other demand pocket RealPage tracks, yet the submarket needs the fewest concessions to stay leased.
The pocket posted 95.5% occupancy in the second quarter, two points above the Dallas metro average, anchored by roughly 12,000 corporate jobs from employers including Toyota, JPMorgan Chase, and Frito-Lay.
Because Legacy West's strength rests on continued corporate expansion rather than a larger price premium, its durability depends on employers in the Plano-Frisco corridor keeping up their hiring pace.
Apartments in Legacy West command the smallest rent premium of any demand pocket in the Dallas metro, yet the submarket needs fewer concessions to stay full than any of its peers, according to RealPage. The corporate-anchored district straddling the Plano-Frisco border averaged $1,845 in effective rent in the second quarter, a 9% premium over comparable metro properties. That's the smallest premium among the demand pockets RealPage tracks across Dallas, even though Legacy West's occupancy and leasing strength outperform them.
#legacy #dallas #demand
10 hours ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Two recent road projects have been turning heads in the construction industry, and they have something interesting in common.
Both the $9.2 billion Interstate 24 Southeast Choice Lanes project in Tennessee and the $4.6 billion state Route 400 Express Lanes in Georgia use concessions, which allow a consortium in a public-private partnership to benefit from future use fees, such as revenue from tolls.
In exchange, the consortium puts forward a significant amount of cash to design, build, operate and maintain the roadways. For contractors, being a part of a consortium can potentially give them stable work and revenue for decades.
For example, in the case of the Georgia state Route 400 project, the consortium is Peach Partners, comprising Acciona Concessions, ACS Infrastructure and Meridiam, which will deliver and maintain the project under a 56-year public-private partnership. The consortium is providing a $3.8 billion concession fee to the state's DOT to help fund other roadway projects as part of the P3 to design, build, operate and maintain the express lanes, per the U.S. DOT.
#consortium #lanes #route
Two recent road projects have been turning heads in the construction industry, and they have something interesting in common.
Both the $9.2 billion Interstate 24 Southeast Choice Lanes project in Tennessee and the $4.6 billion state Route 400 Express Lanes in Georgia use concessions, which allow a consortium in a public-private partnership to benefit from future use fees, such as revenue from tolls.
In exchange, the consortium puts forward a significant amount of cash to design, build, operate and maintain the roadways. For contractors, being a part of a consortium can potentially give them stable work and revenue for decades.
For example, in the case of the Georgia state Route 400 project, the consortium is Peach Partners, comprising Acciona Concessions, ACS Infrastructure and Meridiam, which will deliver and maintain the project under a 56-year public-private partnership. The consortium is providing a $3.8 billion concession fee to the state's DOT to help fund other roadway projects as part of the P3 to design, build, operate and maintain the express lanes, per the U.S. DOT.
#consortium #lanes #route
4 days ago
Rafael Devers' recent tear, especially when the San Francisco Giants slugger is driving ****** out to right at Oracle Park, makes it impossible not to think of Barry Bonds.
The at-bats share that don't-go-to-concessions-yet vibe. Opposing pitchers are handling Devers as carefully as they can - All-Star closer Mason Miller walked him in the ninth inning Friday - and there's a general buzz when Devers is up with men on base. Saturday, he lasered a low 1-1 sweeper from Michael King out in the first, a two-run shot in the Giants' 7-6 loss to the Padres.
San Francisco again demonstrated some mettle with a late push after Devers' grand slam the previous night cut the deficit to two and the Giants mounted a two-out rally against Miller that came up just short. Saturday, power was the key: rookie catcher Drew Cavanaugh went deep to right in the eighth, the first of his career, 50 games in. Two batters later, Drew Gilbert crushed a two-run shot to cut the deficit to one before lefty Adrian Morejon entered and struck out Devers and Bryce Eldridge.
Earlier in the day, Shay Whitcomb also went deep for San Francisco, which recorded all its runs via homers.
With 13 games remaining, Devers has 37 homers, one shy of his career high. He has a realistic shot at 40, something no Giants hitter has done since Bonds belted 45 in 2004. Devers has 98 RBIs, too, so 100 is well within reach. The last San Francisco player with 100 RBIs was Buster Posey, the man who traded for Devers last year; Posey recorded 103 RBIs in 2012.
#francisco #rbis #shot #drew
The at-bats share that don't-go-to-concessions-yet vibe. Opposing pitchers are handling Devers as carefully as they can - All-Star closer Mason Miller walked him in the ninth inning Friday - and there's a general buzz when Devers is up with men on base. Saturday, he lasered a low 1-1 sweeper from Michael King out in the first, a two-run shot in the Giants' 7-6 loss to the Padres.
San Francisco again demonstrated some mettle with a late push after Devers' grand slam the previous night cut the deficit to two and the Giants mounted a two-out rally against Miller that came up just short. Saturday, power was the key: rookie catcher Drew Cavanaugh went deep to right in the eighth, the first of his career, 50 games in. Two batters later, Drew Gilbert crushed a two-run shot to cut the deficit to one before lefty Adrian Morejon entered and struck out Devers and Bryce Eldridge.
Earlier in the day, Shay Whitcomb also went deep for San Francisco, which recorded all its runs via homers.
With 13 games remaining, Devers has 37 homers, one shy of his career high. He has a realistic shot at 40, something no Giants hitter has done since Bonds belted 45 in 2004. Devers has 98 RBIs, too, so 100 is well within reach. The last San Francisco player with 100 RBIs was Buster Posey, the man who traded for Devers last year; Posey recorded 103 RBIs in 2012.
#francisco #rbis #shot #drew
9 days ago
The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers' unions in the new contracts.
Over the past few years, some of the top U.S. refining companies have resorted to lockouts to ensure most of the company management's proposals in new labor contracts are accepted.
The trend began earlier this decade with Exxon locking out in 2021 as many as 650 workers out of the Beaumont refinery for 10 months. This was the longest labor dispute at a U.S. refinery in four decades.
Five years later, BP and Marathon are currently in a similar position, locking out workers at their Whiting, Indiana, and Martinez, California, refineries, respectively, amid labor disputes over union contracts.
The refineries continue to operate with contractors, supervisors, and replacement workers. The continued operations show that Big Oil is not as afraid as it used to be to use replacement staff while seeking concessions from the unions.
#contracts #unions #refinery
Over the past few years, some of the top U.S. refining companies have resorted to lockouts to ensure most of the company management's proposals in new labor contracts are accepted.
The trend began earlier this decade with Exxon locking out in 2021 as many as 650 workers out of the Beaumont refinery for 10 months. This was the longest labor dispute at a U.S. refinery in four decades.
Five years later, BP and Marathon are currently in a similar position, locking out workers at their Whiting, Indiana, and Martinez, California, refineries, respectively, amid labor disputes over union contracts.
The refineries continue to operate with contractors, supervisors, and replacement workers. The continued operations show that Big Oil is not as afraid as it used to be to use replacement staff while seeking concessions from the unions.
#contracts #unions #refinery
9 days ago
CNBC reported that Paramount Skydance Corporation (NASDAQ:PSKY) CEO David Ellison has cleared regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD), but a lawsuit from 12 state attorneys general remains the final obstacle.
California Attorney General Rob Bonta, who leads the states' case, canceled a planned settlement meeting with Ellison, noting a "lack of good faith." Paramount said it remains "hopeful" and denied being the source of leaks about the talks. Media veteran Tom Rogers said California's home constituency is "overwhelmingly against the transaction," reducing the state's incentive to settle. Paramount faces a ticking fee that could reach roughly $650 million per quarter starting September 30 and asked a court to force the states to post a $1.88 billion bond.
The deal already holds broad global regulatory approval, which strengthens Paramount Skydance Corporation (NASDAQ:PSKY)'s position in the remaining state dispute. With clearance from roughly 68 jurisdictions worldwide, the state antitrust lawsuits represent the main remaining obstacle rather than a broad regulatory challenge. This gives Paramount a strong basis to argue that the transaction has already withstood extensive regulatory scrutiny.
For Warner Bros. Discovery, Inc. (NASDAQ:WBD) shareholders, California Governor Gavin Newsom is sending a clear signal that he prefers a settlement over a prolonged court battle. If Paramount can satisfy California and the other states, WBD shareholders can finally receive the agreed payment instead of remaining stuck in legal limbo. That makes a negotiated resolution potentially attractive to shareholders who have faced prolonged uncertainty around the transaction.
Paramount has also shown flexibility rather than simply defending the deal's original terms. The company has acknowledged that it is considering structural changes to settle the lawsuits. It shows management is willing to make concessions to get the transaction completed. That flexibility could improve the chances of reaching a settlement without requiring the companies to wait for a lengthy court process.
#paramount #NASDAQ #california #states
California Attorney General Rob Bonta, who leads the states' case, canceled a planned settlement meeting with Ellison, noting a "lack of good faith." Paramount said it remains "hopeful" and denied being the source of leaks about the talks. Media veteran Tom Rogers said California's home constituency is "overwhelmingly against the transaction," reducing the state's incentive to settle. Paramount faces a ticking fee that could reach roughly $650 million per quarter starting September 30 and asked a court to force the states to post a $1.88 billion bond.
The deal already holds broad global regulatory approval, which strengthens Paramount Skydance Corporation (NASDAQ:PSKY)'s position in the remaining state dispute. With clearance from roughly 68 jurisdictions worldwide, the state antitrust lawsuits represent the main remaining obstacle rather than a broad regulatory challenge. This gives Paramount a strong basis to argue that the transaction has already withstood extensive regulatory scrutiny.
For Warner Bros. Discovery, Inc. (NASDAQ:WBD) shareholders, California Governor Gavin Newsom is sending a clear signal that he prefers a settlement over a prolonged court battle. If Paramount can satisfy California and the other states, WBD shareholders can finally receive the agreed payment instead of remaining stuck in legal limbo. That makes a negotiated resolution potentially attractive to shareholders who have faced prolonged uncertainty around the transaction.
Paramount has also shown flexibility rather than simply defending the deal's original terms. The company has acknowledged that it is considering structural changes to settle the lawsuits. It shows management is willing to make concessions to get the transaction completed. That flexibility could improve the chances of reaching a settlement without requiring the companies to wait for a lengthy court process.
#paramount #NASDAQ #california #states
10 days ago
The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers' unions in the new contracts.
Over the past few years, some of the top U.S. refining companies have resorted to lockouts to ensure most of the company management's proposals in new labor contracts are accepted.
The trend began earlier this decade with Exxon locking out in 2021 as many as 650 workers out of the Beaumont refinery for 10 months. This was the longest labor dispute at a U.S. refinery in four decades.
Five years later, BP and Marathon are currently in a similar position, locking out workers at their Whiting, Indiana, and Martinez, California, refineries, respectively, amid labor disputes over union contracts.
The refineries continue to operate with contractors, supervisors, and replacement workers. The continued operations show that Big Oil is not as afraid as it used to be to use replacement staff while seeking concessions from the unions.
#contracts
Over the past few years, some of the top U.S. refining companies have resorted to lockouts to ensure most of the company management's proposals in new labor contracts are accepted.
The trend began earlier this decade with Exxon locking out in 2021 as many as 650 workers out of the Beaumont refinery for 10 months. This was the longest labor dispute at a U.S. refinery in four decades.
Five years later, BP and Marathon are currently in a similar position, locking out workers at their Whiting, Indiana, and Martinez, California, refineries, respectively, amid labor disputes over union contracts.
The refineries continue to operate with contractors, supervisors, and replacement workers. The continued operations show that Big Oil is not as afraid as it used to be to use replacement staff while seeking concessions from the unions.
#contracts
13 days ago
(Widens distribution)
By Parisa Hafezi and Angus McDowall
DUBAI, Sept 3 (Reuters) - A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.
Washington has in recent weeks sought to ratchet up the economic pressure on Tehran, in an effort to extract concessions in any future negotiation that six months of conflict have so far failed to secure.
Although Iran's clerical rulers managed to bypass sanctions for decades, the latest U.S. moves have left them in a far more sensitive position, with few remaining channels to secure foreign currency or buy goods, the sources said.
#widens
By Parisa Hafezi and Angus McDowall
DUBAI, Sept 3 (Reuters) - A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.
Washington has in recent weeks sought to ratchet up the economic pressure on Tehran, in an effort to extract concessions in any future negotiation that six months of conflict have so far failed to secure.
Although Iran's clerical rulers managed to bypass sanctions for decades, the latest U.S. moves have left them in a far more sensitive position, with few remaining channels to secure foreign currency or buy goods, the sources said.
#widens
14 days ago
Shakespeare's Pizza and several other Columbia-area favorites are joining the food lineup at Memorial Stadium as Mizzou Athletics rolls out new concessions and hospitality offerings for football fans this season.
The additions come through a partnership involving Sodexo Live!, Mizzou Athletics and Columbia-based Upper Crust Food Service, according to a community announcement. Fans attending games will see new local vendors, updated menu items and expanded hospitality options throughout the stadium.
For the first time, Shakespeare's Pizza will be available inside Memorial Stadium, bringing one of Columbia's best-known food brands into the game-day experience.
"As we looked at the new hospitality offerings we wanted to bring to fans this season, we wanted to focus on food that feels like home while giving fans new reasons to explore and enjoy the game-day experience," Brian Gaskill, regional vice president of Sodexo Live!, said in the announcement. "Shakespeare's is a huge part of Columbia, and we know how excited fans will be to see it in the stadium. We're bringing a strong lineup of local favorites, Missouri flavors and some fun new takes on game-day classics straight to fans."
The partnership also brings several other local businesses into the stadium, including Champ's Chicken, Buck's Ice Cream and Mya's Gourmet Popcorn.
#game
The additions come through a partnership involving Sodexo Live!, Mizzou Athletics and Columbia-based Upper Crust Food Service, according to a community announcement. Fans attending games will see new local vendors, updated menu items and expanded hospitality options throughout the stadium.
For the first time, Shakespeare's Pizza will be available inside Memorial Stadium, bringing one of Columbia's best-known food brands into the game-day experience.
"As we looked at the new hospitality offerings we wanted to bring to fans this season, we wanted to focus on food that feels like home while giving fans new reasons to explore and enjoy the game-day experience," Brian Gaskill, regional vice president of Sodexo Live!, said in the announcement. "Shakespeare's is a huge part of Columbia, and we know how excited fans will be to see it in the stadium. We're bringing a strong lineup of local favorites, Missouri flavors and some fun new takes on game-day classics straight to fans."
The partnership also brings several other local businesses into the stadium, including Champ's Chicken, Buck's Ice Cream and Mya's Gourmet Popcorn.
#game
22 days ago
LAS VEGAS — From a fry bread pot roast taco created for the Kansas City Chiefs' visit to A5 Wagyu tomahawks and caviar service in premium areas, Allegiant Stadium is expanding its food and beverage lineup for the 2026 Las Vegas Raiders season.
Silver & Black Hospitality, the stadium's culinary and hospitality provider, unveiled a collection of new concessions, opponent-themed dishes, specialty ***** tails, desserts and premium offerings Tuesday. The additions follow Allegiant Stadium's second-place finishes in nationwide voting for both the AFC's Best NFL Stadium and Best NFL Stadium Food in the 2026 USA TODAY 10 Best Readers' Choice Awards.
"This year we have a lot of new and kind of fun items that we're showcasing and just continuing to elevate our food and beverage program," said Dillon Schoell, senior executive chef at Allegiant Stadium.
New featured concession items include a Fry Bread Pot Roast Taco topped with lettuce, tomato, queso fresco, salsa verde and chipotle crema; a Street Dog Torta with a Sabrett hot dog, pork belly, refried beans and avocado aioli; and a Chile Relleno Burger topped with avocado and crema. The lineup also includes a Focaccia and Lox Sandwich and Really Big Chicken & Waffles served with pickles, hot honey and chives.
Other new items available throughout the season include Buffalo Chicken Wontons, Potato Tacos, an XL Chicken Club Sandwich and a Korean Philly Cheesesteak made with shaved beef, kimchi, mozzarella, provolone, green onions and gochujang aioli.
#items
Silver & Black Hospitality, the stadium's culinary and hospitality provider, unveiled a collection of new concessions, opponent-themed dishes, specialty ***** tails, desserts and premium offerings Tuesday. The additions follow Allegiant Stadium's second-place finishes in nationwide voting for both the AFC's Best NFL Stadium and Best NFL Stadium Food in the 2026 USA TODAY 10 Best Readers' Choice Awards.
"This year we have a lot of new and kind of fun items that we're showcasing and just continuing to elevate our food and beverage program," said Dillon Schoell, senior executive chef at Allegiant Stadium.
New featured concession items include a Fry Bread Pot Roast Taco topped with lettuce, tomato, queso fresco, salsa verde and chipotle crema; a Street Dog Torta with a Sabrett hot dog, pork belly, refried beans and avocado aioli; and a Chile Relleno Burger topped with avocado and crema. The lineup also includes a Focaccia and Lox Sandwich and Really Big Chicken & Waffles served with pickles, hot honey and chives.
Other new items available throughout the season include Buffalo Chicken Wontons, Potato Tacos, an XL Chicken Club Sandwich and a Korean Philly Cheesesteak made with shaved beef, kimchi, mozzarella, provolone, green onions and gochujang aioli.
#items
24 days ago
DUBAI, United Arab Emirates (AP) — Iran's currency hit a record low Monday as Washington prepared to announce new sanctions it said would be an "economic D-Day" and would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.
The rial dropped to 2.02 million to the U.S. dollar as trading opened on informal currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.
The currency had already been under pressure before the U.S. and Israel attacked Iran on Feb. 28, with double-digit inflation and negative growth, but has been hitting new record lows as nearly six months of war have taken an even greater toll.
Still, U.S. President Donald Trump has been unable to win concessions from Iran, which continues to keep a firm grip on shipping through the Strait of Hormuz, the key waterway through which a fifth of the world's traded oil transited freely before the war began. Iranian attacks and threats have severely hampered that traffic during the war.
Iran and Oman, which is on the opposite side of the strait, are reportedly in the final stages of agreeing upon a plan for joint management of the waterway, which regional officials have said would include having ships to enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman.
#Oman #strait #sanctions
The rial dropped to 2.02 million to the U.S. dollar as trading opened on informal currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.
The currency had already been under pressure before the U.S. and Israel attacked Iran on Feb. 28, with double-digit inflation and negative growth, but has been hitting new record lows as nearly six months of war have taken an even greater toll.
Still, U.S. President Donald Trump has been unable to win concessions from Iran, which continues to keep a firm grip on shipping through the Strait of Hormuz, the key waterway through which a fifth of the world's traded oil transited freely before the war began. Iranian attacks and threats have severely hampered that traffic during the war.
Iran and Oman, which is on the opposite side of the strait, are reportedly in the final stages of agreeing upon a plan for joint management of the waterway, which regional officials have said would include having ships to enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman.
#Oman #strait #sanctions
25 days ago
Updated Aug. 21, 2026 3:39 pm ET
Listen
(3 min)
1533 ET – Oil futures end the week higher with no progress made toward resolving the U.S.-Iran conflict, and the U.S. planning to tighten the economic squeeze on Iran rather than renew major military action. While geopolitics remain the main driver of oil prices, “the continuation of tensions alone is no longer creating the same price shock as before,” Linh Tran of XS.com says in a note. “The market may now need a more significant escalation to materially change expectations for Middle East supply.” WTI settles up 0.3% at $87.06for a 6.9% weekly gain. Brent rises 0.7% to $94.39 a barrel, up 6.6% on the week. (anthony.harrupwsj.com)
0920 ET – Crude oil futures are little changed in early U.S. trading and on track for weekly gains amid market expectations of an extended standoff in the Persian Gulf between the U.S. and Iran. Yesterday’s stronger-than-expected WTI September expiration “now provides an easy upside target to the October contract,” Ritterbusch & ****** ociates says in a note. The continued virtual closure of the Strait of Hormuz and stalled diplomatic efforts to reopen it support the bullish view, the firm says. “Iran remains dug in while the U.S. has shifted strategy from a bombing campaign to economic isolation that may or may not spur concessions from Iran.” WTI is off 0.1% at $86.76 a barrel and Brent is 0.1% higher at $93.87. (anthony.harrupwsj.com)
#Iran #economic #expectations #weekly
Listen
(3 min)
1533 ET – Oil futures end the week higher with no progress made toward resolving the U.S.-Iran conflict, and the U.S. planning to tighten the economic squeeze on Iran rather than renew major military action. While geopolitics remain the main driver of oil prices, “the continuation of tensions alone is no longer creating the same price shock as before,” Linh Tran of XS.com says in a note. “The market may now need a more significant escalation to materially change expectations for Middle East supply.” WTI settles up 0.3% at $87.06for a 6.9% weekly gain. Brent rises 0.7% to $94.39 a barrel, up 6.6% on the week. (anthony.harrupwsj.com)
0920 ET – Crude oil futures are little changed in early U.S. trading and on track for weekly gains amid market expectations of an extended standoff in the Persian Gulf between the U.S. and Iran. Yesterday’s stronger-than-expected WTI September expiration “now provides an easy upside target to the October contract,” Ritterbusch & ****** ociates says in a note. The continued virtual closure of the Strait of Hormuz and stalled diplomatic efforts to reopen it support the bullish view, the firm says. “Iran remains dug in while the U.S. has shifted strategy from a bombing campaign to economic isolation that may or may not spur concessions from Iran.” WTI is off 0.1% at $86.76 a barrel and Brent is 0.1% higher at $93.87. (anthony.harrupwsj.com)
#Iran #economic #expectations #weekly
28 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#limits #disclosure #becoming
Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#limits #disclosure #becoming
28 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#Seller #loan #concessions #becoming
Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#Seller #loan #concessions #becoming
30 days ago
The most unique ballpark innovation in Major League Baseball this season was conceived through something many millions of people do every day: Doomscrolling on Instagram
Last October, Malcolm Rogel, the Seattle Mariners' vice president of fan experience, started seeing videos of Florence, Italy's historic buchetta del vino — wine windows carved out of holes in the wall that originated in the 16th and 17th century. Knock on an ancient set of tiny, non-descript wooden doors during operating hours, and get sold a libation in one of the most unique ways possible. Rogel texted Megan Murray, the district manager at Sodexo Live, which operates concessions at the Mariners' T-Mobile Park, and asked if this concept could be replicated at the stadium.
Over the cold, rainy offseason, Rogel and Murray went to work on bringing this idea to life. Rogel's father-in-law built a wooden door in the shape of home plate. His close friend's son welded a door knocker in the shape of the Mariners' classic trident logo. Murray toured the ballpark with Seattle's liquor control board to get approval for the concept and the location of the door, which opens up to sinks and closets in the back and counter ***** e with enough room for up to seven staffers to safely work within the location's tight confines.
On opening day, the Mariners' Sea-cret Door was born as a speakeasy selling one specialty ***** tail per game, with the concept spread strictly through social media influencers and word of mouth. There's been no team advertising and no mention of the door on radio or TV broadcasts all season — the door's location purposefully kept secret to create a sort of scavenger hunt for fans searching for it at the park.
While it took until the seventh inning of the first game for the drink special to sell out its roughly 100 orders, now the offering is bought up within the first hour or so, with a full queue forming in about 12-15 minutes. Yet Rogel and Murray decided early on that the door wouldn't be open every game, and would probably only operate during about 30 of the team's 81 home games. And when the door isn't open, the M's bolt a storage bin in front of the wall to preserve its location and identity.
#Mariners #concept
Last October, Malcolm Rogel, the Seattle Mariners' vice president of fan experience, started seeing videos of Florence, Italy's historic buchetta del vino — wine windows carved out of holes in the wall that originated in the 16th and 17th century. Knock on an ancient set of tiny, non-descript wooden doors during operating hours, and get sold a libation in one of the most unique ways possible. Rogel texted Megan Murray, the district manager at Sodexo Live, which operates concessions at the Mariners' T-Mobile Park, and asked if this concept could be replicated at the stadium.
Over the cold, rainy offseason, Rogel and Murray went to work on bringing this idea to life. Rogel's father-in-law built a wooden door in the shape of home plate. His close friend's son welded a door knocker in the shape of the Mariners' classic trident logo. Murray toured the ballpark with Seattle's liquor control board to get approval for the concept and the location of the door, which opens up to sinks and closets in the back and counter ***** e with enough room for up to seven staffers to safely work within the location's tight confines.
On opening day, the Mariners' Sea-cret Door was born as a speakeasy selling one specialty ***** tail per game, with the concept spread strictly through social media influencers and word of mouth. There's been no team advertising and no mention of the door on radio or TV broadcasts all season — the door's location purposefully kept secret to create a sort of scavenger hunt for fans searching for it at the park.
While it took until the seventh inning of the first game for the drink special to sell out its roughly 100 orders, now the offering is bought up within the first hour or so, with a full queue forming in about 12-15 minutes. Yet Rogel and Murray decided early on that the door wouldn't be open every game, and would probably only operate during about 30 of the team's 81 home games. And when the door isn't open, the M's bolt a storage bin in front of the wall to preserve its location and identity.
#Mariners #concept
1 month ago
Nearly 10,000 seats were empty at Birmingham's Alexander Stadium for the European Athletics Championships on Monday evening.
A crowd of 13,623 watched as Britain's 24-year-old sprinter Amy Hunt stormed to her first senior international **** le, in a stadium that has a capacity of 23,000.
Athletics supporters blamed ticket prices, with some describing them as "extortionate", while BBC commentator Steve Cram commented that spectator numbers were a "little disappointing".
But Birmingham 2026 organisers said they were "delighted" with ticket sales, which have "far surpassed" their targets with "Friday, Saturday and Sunday evening sessions approaching sell-out, with several other sessions close to capacity".
On Monday, Category A tickets for the home straight cost £150 with no concessions for juniors.
#stadium #evening
A crowd of 13,623 watched as Britain's 24-year-old sprinter Amy Hunt stormed to her first senior international **** le, in a stadium that has a capacity of 23,000.
Athletics supporters blamed ticket prices, with some describing them as "extortionate", while BBC commentator Steve Cram commented that spectator numbers were a "little disappointing".
But Birmingham 2026 organisers said they were "delighted" with ticket sales, which have "far surpassed" their targets with "Friday, Saturday and Sunday evening sessions approaching sell-out, with several other sessions close to capacity".
On Monday, Category A tickets for the home straight cost £150 with no concessions for juniors.
#stadium #evening
1 month ago
CARACAS (AP) — Venezuelans are watching the start of a round of U.S.-backed talks between the ruling party and the opposition on Saturday with cautious optimism after several previous negotiations failed to bring reconciliation.
The latest talks follow the January capture of then-President Nicolás Maduro by U.S. forces, and will focus on strengthening democracy and restoring rights after nearly three decades of socialist rule.
The talks will be led by members of Venezuela's overwhelmingly pro-government National **** embly and a group of former opposition lawmakers who previously attempted to oust Maduro. U.S. officials say they will have a facilitating role.
"I hope these people (the government) finally understand that we won't move forward with the usual arbitrary actions; they must respect agreements," said Soraida Martínez, a 58-year-old homemaker. "Both sides need to make concessions for the good of the country."
Saturday's meeting comes nearly seven weeks after a gathering in Caracas between National **** embly chief Jorge Rodríguez — the brother of Acting President Delcy Rodríguez — and former lawmaker Dinorah Figuera, who briefly returned to Venezuela after nearly eight years in exile.
#talks #caracas #maduro #assembly
The latest talks follow the January capture of then-President Nicolás Maduro by U.S. forces, and will focus on strengthening democracy and restoring rights after nearly three decades of socialist rule.
The talks will be led by members of Venezuela's overwhelmingly pro-government National **** embly and a group of former opposition lawmakers who previously attempted to oust Maduro. U.S. officials say they will have a facilitating role.
"I hope these people (the government) finally understand that we won't move forward with the usual arbitrary actions; they must respect agreements," said Soraida Martínez, a 58-year-old homemaker. "Both sides need to make concessions for the good of the country."
Saturday's meeting comes nearly seven weeks after a gathering in Caracas between National **** embly chief Jorge Rodríguez — the brother of Acting President Delcy Rodríguez — and former lawmaker Dinorah Figuera, who briefly returned to Venezuela after nearly eight years in exile.
#talks #caracas #maduro #assembly
2 months ago
The recent American Legion Single-A State Tournament hosted by North Coos at Clyde Allen Field in North Bend was a big success because of a big community effort.
The Eugene Ole Athletics won the tournament and the Klamath Falls Falcons finished second, with both advancing to the Northwest Regionals in Medford.
"The coaches and players were super well-behaved," North Coos coach Brad Horning said. "The fans cleaned up after themselves. The umpiring, mixed between Douglas County and the local ****** ociation was very good."
In addition, the weather cooperated with sun and little wind and every game of the tournament started on time, Horning said.
A team of 10-12 members from the local American Legion post, led by Kevin Owens, ran the gate and concessions throughout the event.
#horning
The Eugene Ole Athletics won the tournament and the Klamath Falls Falcons finished second, with both advancing to the Northwest Regionals in Medford.
"The coaches and players were super well-behaved," North Coos coach Brad Horning said. "The fans cleaned up after themselves. The umpiring, mixed between Douglas County and the local ****** ociation was very good."
In addition, the weather cooperated with sun and little wind and every game of the tournament started on time, Horning said.
A team of 10-12 members from the local American Legion post, led by Kevin Owens, ran the gate and concessions throughout the event.
#horning
2 months ago
CAIRO (AP) — With escalating attacks against U.S. bases and its allies over the past week, Iran's leaders are showing considerable unity over their war strategy: hanging tough, determined to show Iran can endure more than America and its allies can.
But within the leadership, there are sharp differences over what the endgame should be.
On one side, the ultra-hardliners who oppose any negotiations with the United States are pressing for total victory in the war. Known as the "Paydari" movement – Persian for "stability" – they are hard-core ideologues who want to enforce the Islamic Republic's control over society.
On the other, those who support President Masoud Pezeshkian and powerful parliament speaker Mohammad Bagher Qalibaf — who doubles as Iran's chief negotiator — see military pressure as a way to win a negotiated deal with the United States. This camp is also spurred by concern over the economic toll Iran is suffering from the war and the need to adapt to social change in the country.
"Negotiation is a political tool and a complement to military action to force the enemy to a point of compulsion and extract real concessions," an adviser to Qalibaf, Mahdi Mohammadi, wrote on his Telegram channel Thursday.
#Iran #united #military #America
But within the leadership, there are sharp differences over what the endgame should be.
On one side, the ultra-hardliners who oppose any negotiations with the United States are pressing for total victory in the war. Known as the "Paydari" movement – Persian for "stability" – they are hard-core ideologues who want to enforce the Islamic Republic's control over society.
On the other, those who support President Masoud Pezeshkian and powerful parliament speaker Mohammad Bagher Qalibaf — who doubles as Iran's chief negotiator — see military pressure as a way to win a negotiated deal with the United States. This camp is also spurred by concern over the economic toll Iran is suffering from the war and the need to adapt to social change in the country.
"Negotiation is a political tool and a complement to military action to force the enemy to a point of compulsion and extract real concessions," an adviser to Qalibaf, Mahdi Mohammadi, wrote on his Telegram channel Thursday.
#Iran #united #military #America
2 months ago
The Big Ten and Southeastern Conferences agreed Friday night to support a Senate bill that seeks to regulate college sports, ending a breakneck week of negotiations and pulling the bipartisan measure out of what looked like a certain death spiral.
School presidents from both conferences voted to back the bill after receiving last-minute concessions over language regarding third-party name-image-likeness deals and the so-called "associated entities" that often broker those arrangements between players and schools.
More details need to be worked out, but the headline is that the bill still has a chance to earn the 60 votes it needs to halt debate and head to an up-or-down vote before the Senate heads for summer break next Friday.
The summer recess is increasingly looking like an intractable deadline for the Protect College Sports Act, a bipartisan effort headed by Sens. Ted Cruz, R-Texas, and Maria Cantwell, D-Wash.
After the conferences, which had balked at large sections of the bill, put out a short release announcing they supported the act "as currently drafted," Cruz put out a short statement on social media thanking the leagues and saying: "Let's save college sports." And Cantwell said: "Good. Now progress can be made in protecting women and Olympic athletes and moving the legislation closer to the President's desk."
#college
School presidents from both conferences voted to back the bill after receiving last-minute concessions over language regarding third-party name-image-likeness deals and the so-called "associated entities" that often broker those arrangements between players and schools.
More details need to be worked out, but the headline is that the bill still has a chance to earn the 60 votes it needs to halt debate and head to an up-or-down vote before the Senate heads for summer break next Friday.
The summer recess is increasingly looking like an intractable deadline for the Protect College Sports Act, a bipartisan effort headed by Sens. Ted Cruz, R-Texas, and Maria Cantwell, D-Wash.
After the conferences, which had balked at large sections of the bill, put out a short release announcing they supported the act "as currently drafted," Cruz put out a short statement on social media thanking the leagues and saying: "Let's save college sports." And Cantwell said: "Good. Now progress can be made in protecting women and Olympic athletes and moving the legislation closer to the President's desk."
#college
2 months ago
One key difference between Senate negotiators and the conferences still holding out on proposed legislation to regulate college sports is whether language in the bill would truly create a "hard salary cap" that would eliminate many third-party payments that have sent roster costs skyrocketing.
Sen. Ted Cruz, R-Texas, the chair of the Senate Commerce Committee and cosponsor of the bill, sent out a social media post that said "The cap is a hard cap. Full stop. That loophole is closed."
But the refusal by the Big Ten and Southeastern Conference to sign off on changes to the Protect College Sports Act during a frenzied week of negotiating is a sign that they do not agree with Cruz's ***** sment and would like to see stronger language in the bill.
The Senate broke for the weekend late Thursday without taking action on the bill. It goes on vacation next Friday and the likelihood of the bill reaching a vote before then has grown slim.
One of the key concessions made over the past week was the addition of an up to $27.5 million (up from $25 million) "retention pool" that could be used to keep players on rosters. It would be added to the $21.3 million salary cap already in place to make the new number $48.8 million.
#senate #sports #language #sign
Sen. Ted Cruz, R-Texas, the chair of the Senate Commerce Committee and cosponsor of the bill, sent out a social media post that said "The cap is a hard cap. Full stop. That loophole is closed."
But the refusal by the Big Ten and Southeastern Conference to sign off on changes to the Protect College Sports Act during a frenzied week of negotiating is a sign that they do not agree with Cruz's ***** sment and would like to see stronger language in the bill.
The Senate broke for the weekend late Thursday without taking action on the bill. It goes on vacation next Friday and the likelihood of the bill reaching a vote before then has grown slim.
One of the key concessions made over the past week was the addition of an up to $27.5 million (up from $25 million) "retention pool" that could be used to keep players on rosters. It would be added to the $21.3 million salary cap already in place to make the new number $48.8 million.
#senate #sports #language #sign
2 months ago
Happy Thursday, everyone. Senators are still working on the Protect College Sports Act. The SEC and Big Ten continue to push for higher caps, which would make it even more difficult for schools in other leagues to compete.
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
2 months ago
Updated July 23, 2026 4:56 pm ET
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(4 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1010 ET – Fewer apartments are sitting empty, rents are climbing, and yet the deals keep coming, Zillow says. The typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental listings came with a concession attached. A concession is a move-in discount, commonly a free month’s rent, waived fees or free parking. For renters who land a freebie, the real cost of renting can be softer than the asking price suggests. The 2.2% annual rent growth in June is a slight acceleration from the previous month. Yet the increase in concessions-39.7% of rental listings on Zillow offered one in June, up from 35.2% a year ago—softens the blow for renters. The backdrop is a rental market that has added significant new inventory over the past few years, giving renters more choices.(chris.wackwsj.com)
#concession
Listen
(4 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1010 ET – Fewer apartments are sitting empty, rents are climbing, and yet the deals keep coming, Zillow says. The typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental listings came with a concession attached. A concession is a move-in discount, commonly a free month’s rent, waived fees or free parking. For renters who land a freebie, the real cost of renting can be softer than the asking price suggests. The 2.2% annual rent growth in June is a slight acceleration from the previous month. Yet the increase in concessions-39.7% of rental listings on Zillow offered one in June, up from 35.2% a year ago—softens the blow for renters. The backdrop is a rental market that has added significant new inventory over the past few years, giving renters more choices.(chris.wackwsj.com)
#concession
2 months ago
Mark Cuban is expanding his sports portfolio.
Harbinger Sports Partners, the private equity firm backed by the former Dallas Mavericks majority owner, has purchased a minority stake of undisclosed size in the Athletics ahead of their move to Las Vegas, according to the Las Vegas Review-Journal's Mick Akers.
The A's are expected to complete the move in 2028. This deal is part of the team's reported effort to raise $550 million in investment money to help build a planned $2 billion stadium on the Las Vegas strip.
Other investors include $100 million (plus a $75 million capital expenditure) from stadium concessions company Aramark Sports + Entertainment and $70 million from a South Korean group that includes BTS member Suga and Chan Ho Park.
The Athletics were evaluated by Forbes to be worth $2 billion in its most recent MLB valuations, making them the 18th most valuable team in baseball.
#athletics
Harbinger Sports Partners, the private equity firm backed by the former Dallas Mavericks majority owner, has purchased a minority stake of undisclosed size in the Athletics ahead of their move to Las Vegas, according to the Las Vegas Review-Journal's Mick Akers.
The A's are expected to complete the move in 2028. This deal is part of the team's reported effort to raise $550 million in investment money to help build a planned $2 billion stadium on the Las Vegas strip.
Other investors include $100 million (plus a $75 million capital expenditure) from stadium concessions company Aramark Sports + Entertainment and $70 million from a South Korean group that includes BTS member Suga and Chan Ho Park.
The Athletics were evaluated by Forbes to be worth $2 billion in its most recent MLB valuations, making them the 18th most valuable team in baseball.
#athletics
2 months ago
Hot dogs, peanuts, popcorn, and pretzels have long been staples of the ballpark experience. Yet in Seattle, baseball fans have embraced a snack that surprises many first-time visitors: toasted grasshoppers. What began as a specialty dish at a local restaurant quickly evolved into one of the most talked-about concessions at Seattle Mariners games. The unusual offering not only challenged expectations about stadium food but also introduced thousands of people to a traditional ingredient that has been enjoyed in parts of the world for centuries.
The story begins at Poquitos, a Mexican-inspired restaurant in Seattle led by executive chef Manny Arce. When the restaurant first opened, Arce added toasted grasshoppers, known in Mexican cuisine as chapulines, to the menu as a novelty. Chapulines have been eaten for generations, particularly in the Mexican state of Oaxaca, where they are considered a popular street food and a rich source of protein. Seasoned simply with salt, lime, and chili, they offer a crunchy texture and a savory flavor that many diners compare to roasted sunflower seeds with a hint of spice.
Although the snack attracted curious customers at the restaurant, its popularity reached an entirely new level when the Seattle Mariners expressed interest in featuring it at what is now known as T-Mobile Park, formerly Safeco Field. After sampling the product, the organization decided it would make a unique addition to the stadium's food lineup. The response exceeded every expectation. Fans eager to try something different lined up to buy the toasted grasshoppers, and supplies disappeared almost immediately during games.
What initially seemed like a niche offering quickly became a stadium sensation. Chef Arce expected that his first shipment of approximately 50 pounds would last several weeks. Instead, it sold out in a single day. As demand continued to grow, the numbers became astonishing. More than 300,000 individual servings were eventually sold, requiring well over 1,000 pounds of grasshoppers to keep up with fan interest. On many game days, vendors ran out before the first inning had even ended.
The success of the snack reflects changing attitudes toward food and the growing willingness of consumers to explore unfamiliar culinary traditions. Around the world, edible insects are recognized as nutritious, environmentally sustainable sources of protein that require fewer natural resources than conventional livestock. While many people still view the idea with hesitation, others appreciate the opportunity to experience flavors that are common in different cultures.
#many #first #mexican
The story begins at Poquitos, a Mexican-inspired restaurant in Seattle led by executive chef Manny Arce. When the restaurant first opened, Arce added toasted grasshoppers, known in Mexican cuisine as chapulines, to the menu as a novelty. Chapulines have been eaten for generations, particularly in the Mexican state of Oaxaca, where they are considered a popular street food and a rich source of protein. Seasoned simply with salt, lime, and chili, they offer a crunchy texture and a savory flavor that many diners compare to roasted sunflower seeds with a hint of spice.
Although the snack attracted curious customers at the restaurant, its popularity reached an entirely new level when the Seattle Mariners expressed interest in featuring it at what is now known as T-Mobile Park, formerly Safeco Field. After sampling the product, the organization decided it would make a unique addition to the stadium's food lineup. The response exceeded every expectation. Fans eager to try something different lined up to buy the toasted grasshoppers, and supplies disappeared almost immediately during games.
What initially seemed like a niche offering quickly became a stadium sensation. Chef Arce expected that his first shipment of approximately 50 pounds would last several weeks. Instead, it sold out in a single day. As demand continued to grow, the numbers became astonishing. More than 300,000 individual servings were eventually sold, requiring well over 1,000 pounds of grasshoppers to keep up with fan interest. On many game days, vendors ran out before the first inning had even ended.
The success of the snack reflects changing attitudes toward food and the growing willingness of consumers to explore unfamiliar culinary traditions. Around the world, edible insects are recognized as nutritious, environmentally sustainable sources of protein that require fewer natural resources than conventional livestock. While many people still view the idea with hesitation, others appreciate the opportunity to experience flavors that are common in different cultures.
#many #first #mexican
2 months ago
Man City will provide 100 -500 tickets for every home game in the 2026-27 Premier League term
Tickets will be priced at £10 for adults, £7.50 for concessions and £5 for children under five
New initiative introduced after protests against season ticket freezes were upheld last season
Manchester City are rewarding their local supporters with £10 tickets for every home game of the 2026-27 Premier League season.
The club, which is beginning a new era under Enzo Maresca following the departure of Pep Guardiola, have worked with City Matters, a fan advisory board, on the new initiative.
Tickets will be priced at £10 for adults, £7.50 for concessions and £5 for children under five
New initiative introduced after protests against season ticket freezes were upheld last season
Manchester City are rewarding their local supporters with £10 tickets for every home game of the 2026-27 Premier League season.
The club, which is beginning a new era under Enzo Maresca following the departure of Pep Guardiola, have worked with City Matters, a fan advisory board, on the new initiative.
2 months ago
By Foo Yun Chee
BRUSSELS, July 9 (Reuters) - SAP, Europe's largest software maker, will make it easier for its customers to switch to rival service providers or end their contracts, EU antitrust regulators said on Thursday as part of concessions aimed at staving off a possible fine.
In September last year, the European Commission launched an investigation over concerns that SAP might be hindering competitors in the market for maintenance and support services of on-premise software. Regulators suspected SAP was making it difficult for its customers to switch vendors.
SAP subsequently tweaked its proposal after the EU competition watchdog received feedback from third parties, resulting in the Commission giving the green light to the concessions. Reuters exclusively reported on this in November last year.
"Today's decision gives customers using SAP's popular on-premises business management software more freedom to choose maintenance and support services without unfair restrictions that raised their costs and stifled competition," EU antitrust chief Teresa Ribera said in a statement.
BRUSSELS, July 9 (Reuters) - SAP, Europe's largest software maker, will make it easier for its customers to switch to rival service providers or end their contracts, EU antitrust regulators said on Thursday as part of concessions aimed at staving off a possible fine.
In September last year, the European Commission launched an investigation over concerns that SAP might be hindering competitors in the market for maintenance and support services of on-premise software. Regulators suspected SAP was making it difficult for its customers to switch vendors.
SAP subsequently tweaked its proposal after the EU competition watchdog received feedback from third parties, resulting in the Commission giving the green light to the concessions. Reuters exclusively reported on this in November last year.
"Today's decision gives customers using SAP's popular on-premises business management software more freedom to choose maintenance and support services without unfair restrictions that raised their costs and stifled competition," EU antitrust chief Teresa Ribera said in a statement.
2 months ago
LAS VEGAS — The field is growing larger with each passing week. It’s getting to the point where they should hand out numbers to stand in line, like a bakery does on Sunday morning.
You thought $8 billion was too exorbitant a price tag to join the NBA? Guess again.
There’s a lot of rich people in this world and the possibility of owning a professional basketball team is so tempting, money apparently is no object.
By my count, there are six potential groups or individuals that have publicly expressed interest of bringing the NBA to Las Vegas which if approved, is expected to begin play in 2028. And that doesn’t count Shaquille O’Neal, whose hulking presence lurks in the background as he wants to be part of whatever group ultimately prevails. Nor does it include the folks planning the Diamond Arena project across from Mandalay Bay.
If you’re Adam Silver, the NBA commissioner, you’re rubbing your hands with glee. Because the price of poker is likely to go up. $8 billion you say? How about $10 billion? Or $12 billion? Who knows where the final number will land?
We probably won’t get a better sense of things come Tuesday when Silver meets with the media following the Board of Governors’ annual summer meeting here in Las Vegas. He’ll get asked the expansion question in various ways and he’ll calmly deflect giving direct answers because he’s not about to skewer the process, one that involves intense vetting and careful consideration on a number of factors, not the least of which will be where will the Las Vegas NBA team call home?
Whoever can deliver on an arena for the team which will allow it to control all the revenue streams a professional franchise needs to have in its possession to have financial success in the 21st Century — suites and club seats, naming rights to the arena, parking, concessions, regional television rights — will be the likely successful bidder.
Let us not forget that this is a business decision first and a basketball decision second. Remember, the current 30 teams are deciding to take a smaller cut of the basketball generated revenue pie by adding two teams (Las Vegas and Seattle). So the last thing they want is for one or both of the expansion teams to fail financially. On the court, they’ll hope the teams finish last and next to last though Silver doesn’t share that mindset.
So if you’re Bill Foley, the owner of the NHL’s Vegas Golden Knights and who is one of the six bidders we know of, you may not be the leader in the clubhouse despite the success your franchise has had on and off the ice. Foley only owns a small piece of T-Mobile Arena — 15 percent —the rest is divided evenly between MGM Resorts and the Anschutz Entertainment Group (AEG), each having a 42.5 percent stake in what VGK fans call “The Fortress.”
And even with Foley’s plans to spend $300 million to upgrade the 10-year-old arena, that still doesn’t mean the NBA team would reap the financial benefits that Silver would like to see.
Whi
You thought $8 billion was too exorbitant a price tag to join the NBA? Guess again.
There’s a lot of rich people in this world and the possibility of owning a professional basketball team is so tempting, money apparently is no object.
By my count, there are six potential groups or individuals that have publicly expressed interest of bringing the NBA to Las Vegas which if approved, is expected to begin play in 2028. And that doesn’t count Shaquille O’Neal, whose hulking presence lurks in the background as he wants to be part of whatever group ultimately prevails. Nor does it include the folks planning the Diamond Arena project across from Mandalay Bay.
If you’re Adam Silver, the NBA commissioner, you’re rubbing your hands with glee. Because the price of poker is likely to go up. $8 billion you say? How about $10 billion? Or $12 billion? Who knows where the final number will land?
We probably won’t get a better sense of things come Tuesday when Silver meets with the media following the Board of Governors’ annual summer meeting here in Las Vegas. He’ll get asked the expansion question in various ways and he’ll calmly deflect giving direct answers because he’s not about to skewer the process, one that involves intense vetting and careful consideration on a number of factors, not the least of which will be where will the Las Vegas NBA team call home?
Whoever can deliver on an arena for the team which will allow it to control all the revenue streams a professional franchise needs to have in its possession to have financial success in the 21st Century — suites and club seats, naming rights to the arena, parking, concessions, regional television rights — will be the likely successful bidder.
Let us not forget that this is a business decision first and a basketball decision second. Remember, the current 30 teams are deciding to take a smaller cut of the basketball generated revenue pie by adding two teams (Las Vegas and Seattle). So the last thing they want is for one or both of the expansion teams to fail financially. On the court, they’ll hope the teams finish last and next to last though Silver doesn’t share that mindset.
So if you’re Bill Foley, the owner of the NHL’s Vegas Golden Knights and who is one of the six bidders we know of, you may not be the leader in the clubhouse despite the success your franchise has had on and off the ice. Foley only owns a small piece of T-Mobile Arena — 15 percent —the rest is divided evenly between MGM Resorts and the Anschutz Entertainment Group (AEG), each having a 42.5 percent stake in what VGK fans call “The Fortress.”
And even with Foley’s plans to spend $300 million to upgrade the 10-year-old arena, that still doesn’t mean the NBA team would reap the financial benefits that Silver would like to see.
Whi
2 months ago
According to a report from Sky Germany journalists Kerry Hau, Patrick Berger, and Florian Plettenberg (as captured by iMiaSanMia), the DFB is prepared to give Jürgen Klopp the power to enact change and make any adjustments that he sees fit:
Jürgen Klopp will be given significant power to fundamentally change and restructure things. He would bring his own staff – including his long-term ******* istant Peter Krawietz. Pepijn Lijnders and Zsolt Löw are also possible candidates. The role and future of sporting director Rudi Völler is not yet entirely clear. The DFB believes that the Völler/Klopp partnership would work well until EURO 2028. Under Klopp’s leadership, fundamental problems are to be addressed, including the overall playing style, system and player development at youth levels.
To get a coach like Klopp, the DFB will have to make some concessions, but it is about more than that right now. Germany needs someone with a vision and a plan for how to see it through. Right now, there is not a better candidate than Klopp to take on that responsibility.
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Jürgen Klopp will be given significant power to fundamentally change and restructure things. He would bring his own staff – including his long-term ******* istant Peter Krawietz. Pepijn Lijnders and Zsolt Löw are also possible candidates. The role and future of sporting director Rudi Völler is not yet entirely clear. The DFB believes that the Völler/Klopp partnership would work well until EURO 2028. Under Klopp’s leadership, fundamental problems are to be addressed, including the overall playing style, system and player development at youth levels.
To get a coach like Klopp, the DFB will have to make some concessions, but it is about more than that right now. Germany needs someone with a vision and a plan for how to see it through. Right now, there is not a better candidate than Klopp to take on that responsibility.
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New, improved notifications system!
3 months ago
The current collective bargaining agreement (CBA) between MLB owners and the MLB Players ***** ociation will expire on Dec. 1, 2026. Barring an unlikely agreement before that time, a lockout will commence thereafter.
The two sides are a gulf apart, with current concerns ranging from the implementation of a salary cap system and contract duration limits — which the owners desire, but many of the players view as an attempt to limit their earning potential — to how teams will spend the money they receive from revenue sharing; players want to ensure more of the funds, ostensibly earmarked for competitive balance purposes, land in their pockets.
The MLBPA released a statement on Thursday, June 25 criticising the league's first proposal as designed to drive a rift between the players themselves with inconsequential sweeteners… and maintaining that the players are united as they work toward a new agreement.
Catcher Henry Davis, who serves as the Pirates' MLBPA representative, described the union's perspective, saying that the proposals the league puts forward (and the concessions offered) will change as the deadline comes closer.
"I think it's frustrating, but not surprising, given most of MLB's tactics generally work off the deadline. They're making offers that — I think — they know exactly how we'll interpret them," Davis said. "And I think the unifying thing is because at times, they'll try to divide certain sects of players: free agents versus pre-arb, et cetera. But everybody couldn't be more unified."
The two sides are a gulf apart, with current concerns ranging from the implementation of a salary cap system and contract duration limits — which the owners desire, but many of the players view as an attempt to limit their earning potential — to how teams will spend the money they receive from revenue sharing; players want to ensure more of the funds, ostensibly earmarked for competitive balance purposes, land in their pockets.
The MLBPA released a statement on Thursday, June 25 criticising the league's first proposal as designed to drive a rift between the players themselves with inconsequential sweeteners… and maintaining that the players are united as they work toward a new agreement.
Catcher Henry Davis, who serves as the Pirates' MLBPA representative, described the union's perspective, saying that the proposals the league puts forward (and the concessions offered) will change as the deadline comes closer.
"I think it's frustrating, but not surprising, given most of MLB's tactics generally work off the deadline. They're making offers that — I think — they know exactly how we'll interpret them," Davis said. "And I think the unifying thing is because at times, they'll try to divide certain sects of players: free agents versus pre-arb, et cetera. But everybody couldn't be more unified."
3 months ago
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Seller concessions and seller credits are often used interchangeably, but they're not the same. Concessions are incentives sellers offer to make the transaction more attractive. A seller credit is one type of seller concession designed to lower closing costs.
And in the current buyer's market, more and more sellers are offering concessions. In May 2026, over 46% of sellers offered concessions, according to Redfin.
Here's what you need to know about the two.
A seller concession is any financial or material benefit a seller provides to make the purchase more attractive to the buyer.
Seller concessions and seller credits are often used interchangeably, but they're not the same. Concessions are incentives sellers offer to make the transaction more attractive. A seller credit is one type of seller concession designed to lower closing costs.
And in the current buyer's market, more and more sellers are offering concessions. In May 2026, over 46% of sellers offered concessions, according to Redfin.
Here's what you need to know about the two.
A seller concession is any financial or material benefit a seller provides to make the purchase more attractive to the buyer.
