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...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
...Should the deal be approved by a federal court, the influential trade group would pay $418mn in damages to home sellers and slash the commission fees that supply the bulk of 1.6mn US realtors’ income....
...Shares of publicly traded brokerages fell after the settlement was announced: Compass closed down 14.3 per cent, Redfin dropped 4.9 per cent and Anywhere Real Estate — whose brands include Century 21, Coldwell...
...The volume of real estate deals in Europe fell to a 13-year low in the first quarter, according to MSCI, the seventh successive quarter of declines....
...“The defendant and his customers believed they could use Bitcoin Fog to conceal these illicit transactions,” said Nicole M Argentieri, acting assistant attorney-general of the justice department’s criminal...
...All but one scene takes place at the store, but their experiences resonate beyond its garishly lit aisles and reveal much about what F Scott Fitzgerald called “the dark fields of the republic”....
...Harriet Scott, head of Goldsmiths’ Fair, says some jewellers are following in the footsteps of the late British jeweller Wendy Ramshaw by creating stands....
...As always, email me at scott.chipolina@ft.com....
...Real estate is one of the few industries where intermediation costs have not fallen in the internet age, said ZipRecruiter’s Pollak....
...The Buck began its pioneering work in the late 1990s, after oil heiress Beryl Hamilton Buck donated part of her estate to help the aged of the county....
...Scott Shleifer, the head of Tiger Global’s $30bn-plus private equity business, will step down from his role at the hedge fund at the end of the year....
...“I have not seen this type of increase in raw pay in many, many years,” said Scott Gove, a UPS driver in Manchester, New Hampshire who has been with the company for 35 years....
...When workers went on strike at GM in 2019, the union sent no communications to rank-and-file members outlining the bargaining table demands, said Scott Houldieson, chair of the steering committee for Unite...
...Other boys called him “Tweed” after the fabric of his favourite suit. As a young adult, King borrowed money from Farris to buy an engagement ring for then-girlfriend Coretta Scott....
...Silvio Berlusconi’s Sardinian beach estate is going on sale for €500mn after his five children agreed to sell the asset, according to people with knowledge of the transaction....
...On a recent visit by the Financial Times, there was no sign of Circle 33 at the villa on Scotts Road save for terracotta statues in the garden....
...Joining Paulson to chair the event will be Robert Bigelow, the real estate investor who was the biggest donor to Florida governor Ron DeSantis’s terminated presidential campaign, and shale oil baron Harold...
...For those fans of wealth porn who watch television only for the real estate and wardrobes, Expats is a promiscuous treat....
...And Chekhov’s warts-and-all depiction of a group of disconsolate souls rattling round a country estate in the late summer heat is so painfully truthful about human nature that, if it is played sincerely,...
...Calpers, the $452bn retirement plan that is America’s biggest, is in the advanced stages of appointing a replacement for its former CIO, Nicole Musicco, who resigned in September last year for family reasons...
...Prosecutors are seeking to prove he — along with his innermost circle of associates — spent billions of dollars of customer funds that went into real estate, speculative ventures, political donations and...
...Scott should know. He’s about to play every one of the characters in Vanya, a striking new version by Simon Stephens....
...Kavuma returned for the fourth number with guest American tenor saxophonist Nicole Glover adding an extra voice and tonal depth....
...And that is the measure of Scott’s performance....
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