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When 29-year-old Cecilia Paredes decided to buy a 2018 Mini Cooper with cool black rims, she knew she’d be facing a professional negotiator — the car salesman. So Paredes, who works in the theses and dissertation office at California State University, Long Beach, brought her uncle along as her wingman.“I’m young, I look young and I’m a girl,” she says. “I was afraid they might try to take advantage of me.”Paredes isn’t alone. According to a recent survey commissioned by Cars.com, 1 in 4 millennial car buyers (in this case, ages 18-34) don’t feel comfortable negotiating and would prefer to have their parents help make the deal. But millennials have a secret weapon that forms a strong foundation for effective negotiating strategies: a penchant for online research.Even with the added transparency the internet provides, “negotiating is still very important in car buying,” says Greg Kopf, a brand ambassador for online auto parts retailer CarID. He’s himself a millennial who’s worked as a dealership service advisor.Here is a roadmap for millennials — or anyone new to car-buying — to connect the cold world of data with the human dance of negotiation, whether or not they bring mom or dad along for the ride. 1241
WEST PALM BEACH, Fla. — If you were planning a vacation to the Bahamas this summer, you may need to rethink your plans.The island nation just announced sweeping restrictions for tourists, specifically from the United States. It’s an effort to curb the spread of COVID-19. The restrictions begin Wednesday, July 22.This comes after just reopening its borders to visitors earlier this month.In the prime minister's national address, he said the country has 15 new coronavirus cases for a total of 153. 507
When Hurricane Michael makes landfall today, it will hit Panama City, Florida, first. As a Category 4 storm, it will be the strongest storm to ever hit the city.How bad is it? In nearby Panama City Beach, a Waffle House actually closed. If you're familiar with the concept of the Waffle House index, you know the ever-reliable 24/7 chain deciding to board up means some serious stuff is going down.And yes, for those who aren't familiar with the area, Panama City and Panama City Beach are in fact two separate cities, the latter being home to the famous spring break beach destination. 594
WILLIAMSBURG, Va. - Citing the desire to achieve financial stability while maintaining competitiveness, the College of William & Mary will discontinue seven of its 23 varsity sports.At the conclusion of the 20-21 academic year, men's and women's gymnastics, men's and women's swimming, men's indoor and outdoor track & field, and women's volleyball will no longer be sponsored as Division I sports at the Williamsburg institution.In an open letter, Director of Athletics Samantha K. Huge said, "This is a wrenching decision. It will impact 118 student-athletes and 13 coaches. Altered, too, will be the lives of thousands of family members, former varsity letter award winners, alumni, fans, donors, and supporters of these seven sports programs."Over the past two decades, W&M says there have been several athletics program reviews conducted by groups both within – and external – to athletics. Each of these reviews, according to W&M, reached the same conclusion: William & Mary's model of sponsoring 23 varsity sports is unsustainable without a significant increase in funding through private philanthropy and revenue generation. William & Mary adds it has searched for alternatives to discontinuing varsity sports, without success.The full savings from the elimination of these seven sports will eventually be .66 million annually, which is 12% of William & Mary Athletics' annual budget.This story was first reported by Adam Winkler at WTKR in Norfolk, Virginia. 1501
WILBRAHAM, Mass. (AP) — Friendly’s Restaurants, an East Coast dining chain known for its Fribble milkshake and ice cream sundaes, is filing for bankruptcy protection.All 130 of its locations will remain open while it restructures under Chapter 11 bankruptcy protection.Substantially all of its assets are being sold to the restaurant company, Amici Partners Group.“Over the last two years, Friendly’s has made important strides toward reinvigorating our beloved brand in the face of shifting demographics, increased competition, and rising costs,” said George Michel, the company's CEO. “We achieved this by delivering menu innovation, re-energizing marketing, focusing on take-out, catering and third-party delivery, establishing a better overall experience for customers, and working closely with our franchisees and restaurant teams. Unfortunately, like many restaurant businesses, our progress was suddenly interrupted by the catastrophic impact of COVID-19, which caused a decline in revenue as dine-in operations ceased for months and re-opened with limited capacity."The pandemic has hit the restaurant sector hard, particularly those that rely on people in their dining rooms.At least 10 chains have filed for bankruptcy protection since the pandemic began this year.But Friendly’s Restaurant, like most other chains that have stumbled this year, had been struggling. The Wilbraham, Massachusetts, company filed for bankruptcy protection in 2011 as well. 1470