2024 - Page 47 of 121

RealPage Faces Justice Department Lawsuit Alleging Rental Collusion

Aug

RealPage Faces Justice Department Lawsuit Alleging Rental Collusion

Related media - Latest news 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…

A Million Bet: The Authenticity of Babe Ruth’s “Called Shot” T-Shirt

Aug

By Liam Walker

World

A $20 Million Bet: The Authenticity of Babe Ruth’s “Called Shot” T-Shirt

Related media - News 24 hours When a Yankees away jersey allegedly worn by Babe Ruth during his iconic "called pitch" in Game 3 of the 1932 World Series surfaced in the 1990s, it quickly became a prized possession for collectors. However, a recent photomatching controversy has cast doubt on its authenticity, potentially impacting its value at an upcoming auction. Experts in the field of photomatching, a technique used to verify the authenticity of memorabilia, are divided over the shirt's origins. While several companies have confirmed that it matches match photos, Resolution Photomatching, a leading company in the field, has…

Smart Meters, Dumb Grids: The Disconnect in Modern Energy Management

Aug

By Liam Walker

Science and Technology

Smart Meters, Dumb Grids: The Disconnect in Modern Energy Management

More news - Recent news In many homes today, an advanced electric meter diligently records energy use, serving as a gateway to both a sustainable future and reduced energy costs. These devices have the potential to revolutionize the way we consume electricity by providing real-time data to homeowners, utilities, and the myriad of technology companies eager to optimize energy use. However, the promise of these smart meters is undermined by a significant obstacle: the data they collect is not standardized, making it difficult to use effectively. Without a uniform format, the valuable insights that could be gleaned from this data…

Midday Stock Market Highlights: Significant Moves for Cava, Intuit, Ross Stores, Workday and More

Aug

By Liam Walker

Investments and Business

Midday Stock Market Highlights: Significant Moves for Cava, Intuit, Ross Stores, Workday and More

More news - News 24 hours As we head into the afternoon trading session, the stock market is showing some significant moves among noteworthy companies. Among those catching the spotlight today are Cava, Intuit, Ross Stores, and Workday. Each of these stocks has shown notable price movements that warrant closer analysis to understand the underlying factors and potential implications for investors. Cava takes a dive Cava, a fast-casual restaurant chain, has seen a dramatic rally in its stock price today. This move could be attributed to the recent earnings report that beat expectations, driven by a surge in consumer dining…

Crisis in European vineyards: Heatwaves threaten wine production

Aug

By Liam Walker

World

Crisis in European vineyards: Heatwaves threaten wine production

Related media - Breaking news As the grape harvest season moves forward on Santorini, a beloved destination in Greece, winemaker Yiannis Paraskevopoulos is facing a daunting outlook. The local Assyrtiko grape, a cornerstone of the island’s renowned premium white wines, is under serious threat from rising temperatures. Paraskevopoulos’ Gaia wines have suffered a sharp decline, producing just a third of his 2022 output last year, with this year’s forecast dropping to just a sixth. “2024 has been a year of unprecedented extremes,” Yiannis shared with CNBC on a call. The future of Assyrtiko grapes looks grim, with projections suggesting they…

Peloton shares soar more than 30% after successful restructuring and loss reduction

Aug

By Liam Walker

Investments and Business

Peloton shares soar more than 30% after successful restructuring and loss reduction

More news - Breaking news Peloton announced a significant recovery as its strategic overhaul begins to bear fruit, posting its first revenue increase in nine quarters and substantially narrowing its financial losses. The fitness technology company, currently run by two board members following the departure of its previous CEO Barry McCarthy earlier this year, reported a slight 0.2% increase in revenue during its fiscal fourth quarter. That marked the first year-over-year revenue growth since the 2021 holiday season, signaling a potential turnaround for the company. In its recent update, Peloton shifted its focus to profitability, implementing deep cuts in marketing…

A Voice for Hope: Geri Taylor’s Fight Against Alzheimer’s

Aug

By Liam Walker

World

A Voice for Hope: Geri Taylor’s Fight Against Alzheimer’s

Related media - News 24 hours Geri Taylor, a role model of courage in the face of Alzheimer's disease, passed away on August 4, 2024, at the age of 81. A former nurse, Taylor's life took a dramatic turn when she was diagnosed with Alzheimer's in 2012. But instead of succumbing to despair, she embraced transparency and became a powerful advocate for others battling the disease. Taylor’s story gained national attention after a groundbreaking 2016 New York Times profile. The article chronicled her journey, highlighting the challenges and unexpected joys of living with Alzheimer’s. Determined to make a difference, Taylor…