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RealPage faces Justice Department lawsuit over alleged collusion in rentals

RealPage faces Justice Department lawsuit over alleged collusion in rentals

On Friday, the U.S. Department of Justice, along with attorneys general from eight states, filed a lawsuit against RealPage, a software company, accusing it of illegally collaborating with landlords to reduce competition and keep rent prices high, affecting millions of tenants. The civil lawsuit, filed in U.S. District Court in North Carolina, alleges that RealPage uses its technology to manipulate and distort market dynamics. “RealPage operates as a digital intermediary that aggregates and misuses critical rental property data,” according to the lawsuit. The lawsuit alleges that the company profits at the expense of tenants, who face inflated prices, and honest…
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Traps even the wealthiest fall into, according to an elite travel agent

Traps even the wealthiest fall into, according to an elite travel agent

Jaclyn Sienna India, the visionary behind the exclusive travel agency Sienna Charles, is an expert in arranging luxurious trips around the world for the ultra-rich, including Wall Street tycoons, tech icons and film industry moguls who spare no expense. However, note that even the most affluent travelers often fall into a common trap that plagues many vacationers: choosing destinations just because they are popular or are expected to gain popularity on social media platforms. “People should pursue their own interests rather than just following the crowd,” India says. “When too many visitors flock to the same hotspot, it can lead…
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Nvidia in the spotlight in the last week of a volatile August

Nvidia in the spotlight in the last week of a volatile August

As we bid farewell to another tumultuous month in the financial markets, Nvidia stands out as a beacon of interest for investors and market analysts. The technology sector, known for its rapid growth and equally rapid fluctuations, has seen its fair share of ups and downs this August. In this context, Nvidia’s performance in the coming week is highly anticipated, potentially offering insights into broader market trends and the health of the sector. Why Nvidia? Nvidia, a leader in graphics processing units (GPUs) and artificial intelligence (AI) technologies, often serves as a barometer for the technology industry. The company’s innovative…
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Deutsche Bank shares up 4% after settlement of major Postbank acquisition lawsuit

Deutsche Bank shares up 4% after settlement of major Postbank acquisition lawsuit

Deutsche Bank has successfully negotiated settlements with about 60 percent of the plaintiffs in a long-running legal battle over allegations that it undervalued its acquisition of Postbank. That acquisition occurred more than a decade ago. In a recent announcement, Deutsche Bank revealed that it has finalized agreements with more than 80 claimants at a rate of 31 euros ($34.53) per share, as originally offered by the bank. This agreement is expected to positively impact Deutsche Bank's third-quarter pre-tax profit of 430 million euros. By the close of trading at 4.25pm ​​in London, Deutsche Bank shares had risen 3.95%, hitting a…
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Former pardoned man arrested in New York on several assault charges

Former pardoned man arrested in New York on several assault charges

In a recent turn of events, a former New York drug dealer whose 10-year federal sentence was commuted by former President Donald Trump in 2021 has been arrested on domestic violence and assault charges. Court documents reveal that Jonathan Braun, 41, now faces charges in Nassau County Court on Long Island for physically assaulting his 75-year-old father-in-law and his wife. On Tuesday, authorities allege Braun punched his father-in-law twice in the face as the older man tried to defend his daughter. Braun also allegedly pushed his wife out of bed on July 17, causing serious injuries to her legs, and…
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DNC live webcast: opening remarks by the Obamas and Doug Emhoff tonight.

DNC live webcast: opening remarks by the Obamas and Doug Emhoff tonight.

Streaming Notice: Tune in tonight at 6:30 p.m. ET for live coverage of the pivotal night of the Democratic National Convention. If the video player is not visible, please refresh your browser closer to the time of the event. Tonight marks a critical chapter for the Democratic Party as it looks to leadership and future strategies. This shift comes after a tumultuous period that saw President Joe Biden endorse Vice President Kamala Harris as his successor. Evening program 6:30 PM ET: Jason Carter, grandson of former President Jimmy Carter. Jack Schlossberg, grandson of former President John F. Kennedy. 7:00 PM…
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UK homebuyers take advantage of lower mortgage rates following BOE rate cut

UK homebuyers take advantage of lower mortgage rates following BOE rate cut

LONDON — In response to the Bank of England’s recent decision to lower interest rates for the first time in four years, the UK’s major banks have cut mortgage rates, significantly reviving the housing market. Lenders such as Barclays, Halifax, HSBC and NatWest are now offering five-year fixed-rate mortgages at rates below 4%, which is below the BOE’s 5% prime rate. The most competitive of these offers is a five-year fixed rate of 3.83% for homebuyers who can put down a 40% deposit, the latest Rightmove report revealed. This rate is the lowest since the economic fallout from the UK’s…
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Conflicts of interest at the FDA: the intersection between regulation and representation

Conflicts of interest at the FDA: the intersection between regulation and representation

In the tangled corridors of government oversight, Dr. Jeffrey E. Shuren was a prominent figure, heading the Food and Drug Administration’s medical device branch for more than a decade. Leading a team of about 2,500 people, Dr. Shuren oversaw an expansive budget of about $790 million, according to U.S. Senate Health, Education, Labor, and Pensions Committee documents. Dr. Shuren’s tenure has been marked by significant accomplishments, including record approvals of innovative medical devices ranging from joint replacements to infectious disease diagnostics. His leadership was recently praised by FDA Commissioner Dr. Robert Califf, who highlighted the historic number of new device…
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Eli Lilly’s weight-loss drug reduces risk of developing diabetes in long-term trial

Eli Lilly’s weight-loss drug reduces risk of developing diabetes in long-term trial

In a recent long-term research study published Tuesday, Eli Lilly reported that its popular weight-management drug significantly reduced the incidence of type 2 diabetes by 94 percent among overweight or obese adults who had prediabetic symptoms, compared to a control group that received a placebo. The late-stage study explored the effects of tirzepatide, the active compound in both Eli Lilly’s Zepbound weight-loss shot and the diabetes treatment Mounjaro. Over about three years, participants who received the highest weekly dose of tirzepatide experienced an average reduction in body weight of 22.9 percent, while those who took a placebo saw only a…
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Ukraine intensifies operations in Kursk and disrupts Russian logistics with strategic attacks

Ukraine intensifies operations in Kursk and disrupts Russian logistics with strategic attacks

In Russia's Kursk region, Ukrainian forces have targeted and demolished another critical bridge, the Ukrainian Air Force said recently. This marks a continuation of Ukraine's aggressive strategy, disrupting Russian logistics networks amid an ongoing incursion. A Ukrainian military unit stationed at a former Russian-controlled facility in Kursk successfully carried out the operation on August 18, 2024, The Washington Post reported. The move underscores Ukraine’s deep push into Russian territory, which began nearly two weeks earlier and involves about 5,000 troops. Since the incursion, Ukrainian forces say they have taken control of 82 settlements in an area of ​​1,150 square kilometers.…
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