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CNN —Surgeon General Dr. Vivek Murthy said the threat social media poses to children requires urgent action, and he demanded Congress to put a label on the apps as it does with cigarettes and alcohol. Teens spend nearly five hours a day on social media apps, according to a Gallup poll. Drew Angerer/Getty Images North America/Getty Images“It is time to require a surgeon general’s warning label on social media platforms, stating that social media is associated with significant mental health harms for adolescents,” Murthy said. Congress has long chastised social media companies, claiming they pose harm to children. And Murthy urged parents to restrict children’s use of social media until they graduate from middle school.
Persons: Vivek Murthy, ” Murthy, Murthy, Drew Angerer, , Mark Zuckerberg —, there’s, , Ron DeSantis, Kathy Hochul Organizations: CNN, New York Times, American Medical Association, Gallup, U.S, North, Capitol, Florida’s Republican Gov, New York Democratic Gov Locations: North America, America, Congress
Opinion | ‘Music Speaks to Some Deep Need Among Humans’
  + stars: | 2024-06-09 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Delving Into the Archaeology of Music” (Science Times, May 21):Virtually all our achievements as a species depend upon humans working together. One human alone, in a state of nature, is a medium-sized animal struggling for survival (and with no use for music). Music is a vital part of that process. It’s no wonder that music, like language, is universal among us. David GoldbergNew YorkTo the Editor:I was interested to read the latest research into music using big data, as your article reports.
Persons: David Goldberg, David Epstein Organizations: Science Times, York
New York CNN —Friday marks the last day of Melinda French Gates’ more than two-decade run as the co-chair of the Bill & Melinda Gates Foundation she ran with her ex-husband. Bill Gates and French Gates announced their divorce in May 2021. As part of her separation agreement from former husband Bill, French Gates said she will receive an additional $12.5 billion for her charitable work. French Gates said she will donate $1 billion through 2026 to advance women’s rights around the world through her organization, Pivotal Ventures. That will include $200 million in grants to organizations that are fighting for women’s reproductive rights.
Persons: Melinda French Gates, Melinda Gates, , , French Gates, Bill Gates, Gates, Bill, Dobbs, ” – CNN’s David Goldman Organizations: New, New York CNN, Melinda Gates Foundation, New York Times Locations: New York
CNN —Rachel Smolkin, a veteran media executive who leads CNN’s global digital news, is departing the network to become the next president and CEO of Oregon Public Broadcasting. OPB called Smolkin a forward-thinking journalist and a strong business strategist who can help lead the 100-year-old public media organization through a difficult environment for the journalism industry – and public media, in particular. “Rachel will advance our work with deep experience in journalism, wide professional networks and adaptive leadership skills.”Smolkin joined CNN in 2014 to lead politics coverage for CNN Digital. Over the past several years, Smolkin’s purview grew to include national, international, business and live news for CNN Digital. Before joining CNN, Smolkin worked at Politico, USA Today and the American Journalism Review.
Persons: Rachel Smolkin, OPB, , Rukaiyah Adams, “ Rachel, ” Smolkin, Rachel, Virginia Moseley, CNN’s, “ She’s, Smolkin, Mark Thompson, , Steve Bass, Sam Feist Organizations: CNN, Oregon Public Broadcasting, CNN Digital, University of Virginia’s Darden School of Business, Politico, USA, American, SPAN Locations: Oregon, Pacific Northwest, , Washington
French Gates said she will donate $1 billion through 2026 to advance women’s rights around the world through her organization, Pivotal Ventures. French Gates will also give $250 million in awards to organizations working to help improve women’s mental and physical health. “I’m also experimenting with novel tactics to bring a wider range of perspectives into philanthropy,” French Gates wrote in her op-ed. In her op-ed, French Gates said she was once told to set her own agenda before someone else sets it — and that’s why she chose to leave the Gates Foundation. Just 2% of donations in the United States go to organizations focused on women and girls, French Gates noted.
Persons: Melinda French Gates, Dobbs, Gates, Melinda Gates, MacKenzie Scott, French Gates, Scott, “ I’m, Jacinda Ardern, Allyson Felix, Shabana Basij, Organizations: New, New York CNN, New York Times, Melinda Gates Foundation, Gates Foundation, New Zealand Locations: New York, United States
CNN —The future of Graceland, Elvis Presley’s historic Memphis home, could be determined in court Wednesday after a bizarre set of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed. In a signed affidavit, the notary public denied ever notarizing anything that Lisa Marie Presley had signed. An estate in disputeFollowing Lisa Marie Presley’s death, Keogh and her grandmother, Priscilla Presley, fought over the rights to her estate – including Graceland. In 2004, Lisa Marie Presley sold 85% of Elvis Presley Enterprises’ assets in a deal reportedly worth more than $100 million. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.
Persons: Elvis, Elvis ’, , Danielle Riley Keough, Keough, Lisa Marie Presley, Naussany, Presley, Naussany isn’t, , “ Lisa Marie Presley, Elvis Presley, “ Elvis Presley, Lisa Marie Presley’s, Keogh, Priscilla Presley, Graceland, Mad Max Fury Organizations: CNN, Chancery, Naussany Investments, Elvis Presley Enterprises, Graceland’s, Graceland Locations: Memphis, Shelby County , Tennessee, Graceland, Kimberling City , Missouri, Missouri,
New York CNN —Melinda French Gates said Monday she would resign as co-chair of the Bill & Melinda Gates Foundation that she has helped lead since 2000. As part of her separation agreement from former husband Bill Gates, French Gates said she will receive an additional $12.5 billion for her charitable work. Bill Gates and French Gates announced their divorce in May 2021. Gates will remain in control and, essentially, buy French Gates out of the foundation, Suzman said at the time. The Bill & Melinda Gates Foundation did not immediately respond to CNN’s request for comment.
Persons: Melinda French Gates, Melinda Gates, Bill Gates, French Gates, Gates, , Mark Suzman, Melinda, , Suzman, ” Suzman Organizations: New, New York CNN, Melinda Gates Foundation, Gates Foundation, Ventures Locations: New York, Gates, United States
Apple's ad for the new iPad Pro shows various artistic tools being crushed. AdvertisementApple's promotional video for the newly upgraded iPad Pro has struck a discordant tone. Related storiesWhen the press reopens, it's all replaced by the ultrathin iPad Pro. AdvertisementI'll admit, the thinness of that new iPad Pro really is impressive. It's a shame the iPad ad wants to crush it.
Persons: , Tim Cook, We're, Apple, 8PAjfWa2ZZ, michael, vxLquRFkwU — David Goldfarb, Zooey Deschanel, Siri Organizations: Apple, Service, Bravo, MacBook
“The bill sweeps too broadly.”Speaker Johnson puts a spotlight on campus protestsHouse Speaker Mike Johnson has increasingly put a spotlight on campus protests. Last week, the Louisiana Republican visited Columbia University to meet with Jewish students and hold a press conference where he called on the university’s president to resign. CAIR has reported record incidents of Islamophobia on campus, and the Anti-Defamation League has recorded a historic number of incidents of violence and threats against Jewish students. Some Jewish students have said they were threatened by protesters and encountered antisemitic rhetoric at some of the rallies. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint.
Persons: New York Republican Mike Lawler, , , Josh Gottheimer, Max Miller, Jared Moskowitz, Jerry Nadler, Johnson, Mike Johnson, Virginia Foxx, Marjorie Taylor Greene, Donald Trump, Trump, Nick Fuentes, Kanye, ” Trump, Benjamin Netanyahu’s, CNN’s David Goldman, Ramishah Maruf, Kate Sullivan Organizations: CNN, Department, Education, International Holocaust, Alliance, Critics, GOP, Senate, New York Republican, New, New Jersey Democrat, Ohio Republican, Florida Democrat, American Civil Liberties Union, ACLU, Democratic, , Louisiana Republican, Columbia University, Republicans, House Education, Yale, UCLA, Committee, Jewish, White, Kanye West, CAIR, Defamation Locations: Israel, New Jersey, Ohio, Florida, New York, Louisiana, North Carolina, Michigan, Columbia, Lago, Charlottesville , Virginia, United States, Gaza
Why this campus turmoil story is so complex
  + stars: | 2024-04-26 | by ( David Goldman | Ramishah Maruf | ) edition.cnn.com   time to read: +8 min
Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint. Yet hundreds of protesters have been arrested for trespassing and for violating school rules, including blocking access to campus buildings or other disruptions on campus.
Persons: Jay Janner, Mike Stewart, Sarah Reingewirtz, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Alex Kent, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, David Dee Delgado, Stefan Jeremiah, Selcuk, Kena Betancur, Benjamin Netanyahu’s Organizations: New, New York CNN, University of Texas, Austin Statesman, USA, Network, Reuters, Reuters Georgia State Patrol, Emory University, University of Southern, MediaNews, Los Angeles Daily News, Getty, Austin, University, Emerson College, Columbia University, Swarthmore College, Bloomberg, Getty Images Police, Reuters New York, Reuters Columbia, Columbia, CNN, New York University, New York Times, University of California, Sproul Hall, Yale University, University police, Monday, York University, The New School, AP, Massachusetts Institute of Technology, Library, Getty Images, CAIR, Defamation, Jewish, Israel Locations: New York, United States, Gaza, Gaza . Texas, Austin, Reuters Georgia, Atlanta, University of Southern California, Los Angeles, Boston, AFP, Swarthmore , Pennsylvania, Texas, Columbia, New, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Israel
Their bodies were discovered days later in some woods off a rural road in Telfair County, and their SUV was found submerged in a nearby lake. He is accused of killing the couple in Telfair County, Georgia. The suspect had the “last known communications” with Bud Runion, then-Telfair County Sheriff Chris Steverson said at the time. “The entire communication he had with Mr. Runion was deceptive,” Telfair County Sheriff Chris Steverson said at the time. Telfair County deputies launched air and water searches for the couple, and contacted land owners in the area to ask if they’d seen anything suspicious.
Persons: Elrey, Bud ” Runion, Runion, Ronnie “ Jay ” Adrian Towns, Ronnie Adrian, Jay, Kent D, Johnson, Bud Runion, Chris Steverson, Tim Vaughn, Towns, , they’d, Mark Walker, Jason Hoffman, Bud, David Goldman, ” Walker, , I’m, “ Bud, Ronnie Towns, , ain’t Organizations: CNN, Ford, Craigslist, GMC, US Army, Towns, Georgia Bureau of Investigation, Authorities, Atlanta, AP Locations: Vietnam, Georgia, McRae, Atlanta, Telfair County, Towns ’, Towns, Telfair County , Georgia, Telfair, Oconee, ” Telfair, Marietta , Georgia, Marietta, Goergia
New York CNN —Investors in Trump Media & Technology Group’s stock are throwing in the towel. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business in which media behemoths like Disney have struggled to turn a profit. Although the company is still worth billions of dollars, it is struggling to make money and desperate for cash. A home for ‘suppressed’ contentThe streaming initiative didn’t give investors any reason to get enthused about the company. Truth Social said it spent the past six months testing its web, iPhone and iPad apps for live TV streaming, and it hopes to launch a content delivery network to stand up streaming apps for phones and tablets — and eventually smart TVs.
Persons: Donald Trump, , , Devin Nunes, they’ll, Elon Musk’s, Musk, Trump Organizations: New, New York CNN — Investors, Trump Media & Technology, Disney, Trump Media, Truth, Republican Locations: New York, California
New York CNN —Trump Media & Technology Group’s stock is tumbling again after the company announced a massive new influx of shares. The stock had rocketed higher in recent months in anticipation of merging a blank-check acquisition company with Trump’s media business. Anyone who bought Trump Media at the closing high of $66.22 on March 27 has now lost more than half of their money. Why Trump Media stock is so volatileThere are a number of reasons behind the stock’s eye-popping swings. Unless he were to purchase stock in the new public offering, Trump would own just under half of the company’s publicly traded stock after it issues more shares.
Persons: New York CNN —, Donald Trump, Matthew Tuttle, , Tuttle, , … You’ve, Trump, Donald J Organizations: New, New York CNN, New York CNN — Trump Media & Technology, Tuttle Capital Management, Trump, , Trump Media, Wall Locations: New York,
New York CNN —The Anti-Defamation League has graded 85 American universities for their policies to protect Jewish students from antisemitism on campus. The ADL said antisemitic incidents on campus have reached historic levels, leaving Jewish students feeling unsafe. The dozen schools that received failing grades from the ADL include Harvard, MIT, Stanford, University of Chicago, Princeton, University of Virginia, Tufts, Michigan State University, University of Massachusetts Amherst, SUNY Purchase, SUNY Rockland, and Swarthmore. Harvard remains under federal investigation for potential Title VI violations, and several Jewish students have sued Harvard for failing to protect them from antisemitism. “Like all students, Jewish students deserve to feel safe and supported on campus.”Hamas’ October 7, 2023, attack on Israel left 1,200 dead, and hundreds of Israelis were taken hostage.
Persons: , I’m, Jonathan Greenblatt, Israel, Claudine Gay, Gay, Rabbi David Wolpe, Alan Garber, Raffaella Sadun, Derek Penslar, Larry Summers, Sadun, University of Pennsylvania –, Brandeis, Justice Louis Brandeis, Greenblatt Organizations: New, New York CNN, Defamation, Harvard, ADL, , Civil, Education Department, University of Pennsylvania, Cornell University and Stanford, MIT, Stanford, University of Chicago, University of Virginia, Tufts , Michigan State University , University of Massachusetts, SUNY, Swarthmore . Harvard, Harvard Faculty, Staff, Justice, Harvard Undergraduate Palestine Solidarity Committee, American Resistance Organization, Education, Harvard’s Divinity School, Harvard Business School, Columbia, Rutgers, Brandeis, Elon, Students for Justice, Foundation, Combat, Elon University Locations: New York, United States, Israel, Princeton, Tufts ,, Tufts , Michigan State University , University of Massachusetts Amherst, SUNY Rockland, Palestine, , Gaza
New York CNN —Boeing has achieved the unthinkable this week: It managed to fall even deeper into crisis. It ultimately approved the planes for shipments to airlines in March 2023 after becoming satisfied that Boeing had fixed the problem. Then, during the first weekend of 2024, part of an Alaska Airlines 737 Max blew off the side of the plane just after take-off, and Boeing has been in crisis mode ever since. In February, pilots on a United Airlines 737 Max reported that the flight controls jammed as the plane landed in Newark, New Jersey. The FAA is allowing the planes to continue flying and Boeing said the problem does not pose an immediate safety risk.
Persons: Sam Salehpour, Salehpour, McDonnell Douglas, Max, Boeing hasn’t, Dave Calhoun, Mike Whitaker, Whitaker, What’s, Boeing’s, Airlines, hasn’t Organizations: New, New York CNN, Boeing, US Federal Aviation Administration, FAA, New York Times, Alaska Airlines, National Transportation Safety Board, United Airlines, Airbus, Airlines Locations: New York, Newark , New Jersey
New York CNN —For the first time in its 42-year history, the women’s NCAA basketball final outrated the men’s. On Monday, the University of Connecticut’s victory over Purdue in the men’s final drew 14.8 million viewers, Nielsen said. That was up a smidge from the 14.7 million who watched last year’s men’s championship game, but fell 4 million viewers short of the women’s final. To put the women’s championship game viewership in perspective, it outrated every 2023 World Series game and every NBA finals game from last year, according to Nielsen. Oh, yeah, and in the men’s college basketball final Monday, UConn won its second-straight championship, beating the Boilermakers, who were in their first final since 1969.
Persons: Nielsen, Caitlin Clark, Clark, Hall, Pete Maravich Organizations: New, New York CNN, NCAA, Sunday’s women’s, Nielsen, University of Connecticut’s, Purdue, Hawkeyes, Gamecocks, NBA, Hall of Famer, LSU —, Iowa, WNBA, Indiana, UConn, Boilermakers Locations: New York, South Carolina, Iowa, Louisiana
But Norfolk Southern didn’t admit to any liability or wrongdoing as a result of the settlement. Following the February 3, 2023, Norfolk Southern freight train derailment, residents were ordered to evacuate temporarily. But several class-action lawsuits say the company hasn’t done enough to remediate the toxic chemicals released into the area. They also blamed Norfolk Southern for negligence. Shares of Norfolk Southern (NSC) fell 2% in premarket trading.
Persons: , , Seth Katz, Burg Simpson Eldredge Hersh, Jardine, Elizabeth Graham of Grant, Eisenhofer, Jayne Conroy, Simmons Hanly Conroy, Michael Morgan, Morgan, Norfolk Southern Organizations: New, New York CNN, Norfolk Southern, Norfolk, National Transportation Safety, Senate Locations: New York, Palestine , Ohio, State, East Palestine
But Huang’s family said Tesla oversold its Autopilot technology’s capabilities, and that it is not as safe to use as advertised. Tesla has come under intense scrutiny for its Autopilot technology over the six years since Huang’s fatal crash. That didn’t happen in the case of Huang’s crash, Tesla has said. Although Huang’s family acknowledges he was distracted while the car was driving, they argue Tesla is at fault because it falsely marketed Autopilot as self-driving software. If the jury finds in favor of Huang’s family, Tesla could have to pay damages, and they could add up quickly.
Persons: New York CNN — Tesla, Tesla, Walter Huang, Elon Musk, Huang, Huang’s, Mrs, , Mark Fong, Musk, Organizations: New, New York CNN, Apple, National Transportation Safety, Traffic Safety Administration, NHTSA Locations: New York, Silicon Valley, United States, California
The warehouse retailer is now offering its US members access to prescriptions for GLP-1 weight loss drugs through its low-cost health care partner Sesame. Costco first partnered with Sesame, a direct-to-consumer health care marketplace that connects medical providers nationwide with consumers, last fall when it began offering its members online health checkups for as low as $29. “The number one search term of Costco members seeking primary care on Sesame was around weight loss,” Goldhill said in an interview with USA Today. JPMorgan researchers estimate that 30 million people may be taking GLP-1 drugs by 2030, or around 9% of the US population. It also made a $100 million-plus deal to buy Sequence, a telehealth business that can offer virtual prescriptions, where appropriate, to patients for these weight loss drugs.
Persons: Sesame, David Goldhill, ” Goldhill, WeightWatchers Organizations: New, New York CNN, Costco, USA, CNN, JPMorgan Locations: New York
The Chesapeake 1000 – the largest crane on the East Coast – is needed in the Patapsco River where a 984-foot cargo vessel slammed into the bridge Tuesday. Live updates: The latest on the Baltimore bridge collapseIn addition to the crane, three heavy lift vessels are expected to start arriving Friday, US Transportation Secretary Pete Buttigieg told CNN. This appraisal is critical in determining how small to cut the bridge pieces so cranes can lift them, he said. In addition to the human toll, the destruction of the Key Bridge and closure of the Port of Baltimore could lead to widespread economic fallout. In this NTSB handout, an investigator examines the collapsed Francis Scott Key Bridge from the cargo vessel Dali on March 27 in Baltimore.
Persons: Francis Scott Key, Pete Buttigieg, Wes Moore, Julia Nikhinson, ” Moore, Shannon Gilreath, Moore, Maryland Sen, Chris Van Hollen, Buttigieg, , Jennifer Homendy, Homendy, Marcel Muise, Dali, Peter Knudson, CNN’s Justin Lear, Andy Rose, Sarah Dewberry, Chris Isidore, David Goldman, Greg Wallace, Elise Hammond, Tori B, Powell, Sania Farooqui, Chris Boyette Organizations: CNN, Maryland Gov, Authorities, US Coast Guard, National Transportation Safety, Army Corps, Maryland Department of Labor, National Transportation, NTSB, India’s Ministry, External Affairs Locations: Patapsco, Baltimore, Maryland, Port, Port of Baltimore, America, New York, New Jersey, Vedika Sud
Citing diminishing chicken supply, Chick-fil-A will back off its pledge never to serve chicken that was fed antibiotics, and instead it will embrace a looser industry standard: “no antibiotics important to human medicine.” Chick-fil-A first announced that it would abandon antibiotics in 2014. The change comes after Tyson, America’s biggest poultry company, last summer ended its eight-year-pledge to keep antibiotics out of its chicken. That particular disease is not treatable with antibiotics, but other diseases that can kill chickens do respond to antibiotics. In addition to chickens’ health, antibiotics are particularly important to promote poultry growth — particularly for items like large broiler chickens. It noted in that 2007 publication that “an appropriate balance should be struck between animal health needs and human health considerations – human health being, however, paramount compared to animal health.”
Persons: New York CNN —, , Tyson, Perdue Organizations: New, New York CNN, USDA, World Health Organization, WHO Locations: New York
New York CNN —Starting Tuesday, there’s a new company on the Nasdaq: Trump Media & Technology Group, which will trade under the stock ticker DJT. The social media app was never a blockbuster, though, and it’s unclear how the company will ever make money. While Trump Media may be new, its stock ticker is a throwback to Trump’s only other publicly traded company. Trump bestowed the same initials on his Atlantic City casino business, Trump Hotels and Casino Resorts, back when that company went public in 1995. Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to SEC filings.
Persons: there’s, Donald John Trump, we’ve, Trump, , ” Trump, , Jonathan Macey, Matt Egan, he’s, CNN’s Matt Egan Organizations: New, New York CNN, Nasdaq, Trump Media & Technology Group, Republican, Capitol, Trump Media, Atlantic City, Trump Hotels, Casino Resorts, Mahal, New York Times, Trump Entertainment Resorts, SEC, Twitter, Trump Locations: New York, ” Yale
CNN —The way Americans buy and sell homes is about to get turned on its head. And other broker tactics that critics say are anticompetitive, such as a rule that made sellers’ agents set compensation for buyers’ agents, will be prohibited. Goodbye, 6% commissionsFor decades, Americans have paid a standard commission of around 6% when selling a home, split between the seller’s broker and the buyer’s broker. A separate new rule will require buyers’ brokers to enter into written agreements with their buyers. Second, it led buyers’ brokers to push more expensive homes on buyers, so their payout would be higher.
Persons: Cowen, Stephen Brobeck, Norm Miller, Miller Organizations: CNN, National Association of Realtors, NAR, Industry, Consumer Federation of America, University of San Locations: America, University of San Diego
Fed officials have said they will begin to cut rates whenever they have “gained enough confidence” that inflation is under control. The Bank of Japan announces its latest interest rate decision. The Reserve Bank of Australia announces its latest interest rate decision. The Federal Reserve announces its latest interest rate decision and releases a fresh set of economic projections, followed by a news conference featuring Chair Jerome Powell. The Bank of England announces its latest interest rate decision.
Persons: Wall Street’s, , ” Kathy Bostjancic, , Jerome Powell, ” Powell, Fed hasn’t, Nathaniel Beck, Elizabeth Warren of, Powell, lambasting, Donald Trump, reappoint Powell, ” Kayla Bruun, David Goldman, Anna Bahney, Cowen, Lennar, Mills Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, Fed, Nationwide, CNN, Elizabeth Warren of Massachusetts, Democratic, Republican, Morning, National Association of Realtors, NAR, Realtors, Toll Brothers, National Association of Home Builders, Bank of Japan, Reserve Bank of Australia, US Commerce Department, Micron Technology, Prudential, Accenture, Nike, FedEx, lululemon, Darden, Academy Sports, Bank of England, US Labor Department, Global Locations: Washington, Wells Fargo
The NAR, which represents more than 1 million Realtors, also agreed to put in place a set of new rules. One prevents sellers’ brokers from setting buyers’ agents’ compensation, which critics say led brokers to push more expensive properties on customers. Another new rule will require buyers’ brokers to enter into written agreements with their buyers. Realtors could now compete on commissions, allowing for prospective buyers to shop around on rates before they commit to buying a home. The association also faces scrutiny from the US Department of Justice, and it’s unclear whether this settlement with sellers will impact the government’s scrutiny of the brokerage industry.
Persons: , Kevin Sears, Nykia Wright, Homesellers, HomeServices, Wright Organizations: CNN, National Association of Realtors, NAR, Realtors, realtors, US Department of Justice Locations: Missouri, America, litigate
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