In our newest roundup, vendor impersonation fraud turns into a difficulty in the USA, main retailers are closing over 3,000 shops nationwide, the Tampa Rays are set to assemble a brand new $1.3 billion stadium, and extra!
- NFL star Tyler Lockett is getting ready for his life and profession after soccer by turning into an actual property dealer in each Washington state and Texas. (Brady Henderson, ESPN)
- Vendor impersonation fraud has turn into a serious rip-off in the USA with 73% of actual property companies reporting a rise in these schemes for the reason that starting of the yr. (Diane Tomb, Fortune)
- “Purchaser-broker commissions” are a spotlight for the U.S. Justice Division as they’ve filed a “assertion of curiosity” in a single case in Massachusetts whereas there are a number of different pending lawsuits in U.S. courts. (Mike Scarcella, Reuters)
- Starting on January 1, 2025, New York State’s Purchase Clear Concrete tips will go into impact which apply to all state company contracts exceeding $1 million that contain using greater than 50 cubic yards of concrete or New York DOT contracts exceeding $3 million that embody not less than 200 cubic yards of concrete. (Sebastian Obando, Development Dive)
- The Tampa Bay Rays, the town of St. Petersburg and surrounding Pinellas County agreed on a plan to construct a new $1.3 billion stadium with the brand new ballpark projected to be prepared by Opening Day 2028. (Joe Bousquin, Development Dive)
- Whether or not on account of cost-cutting measures, chapter proceedings or the rise in on-line retail, almost 3,200 shops are closing throughout the U.S. this yr. (Dominick Reuter, Enterprise Insider)
- The U.S. Supreme Court docket refused to listen to a case difficult New York State’s lease stabilization legal guidelines with implications not only for the a million rent-stabilized flats in New York Metropolis, but additionally for rent-controlled houses throughout the nation. (Eliza Relman, Enterprise Insider)
- With two extra meeting crops now on strike, the whole variety of hanging UAW auto employees is round 25,000 with the union’s plans to regularly develop its strike in opposition to the Large Three automakers. (Camila Domonoske, NPR)
