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Pepsi is buying one of the world's top sparkling water brands.The drinks company announced Monday that it would take over SodaStream, an Israeli company that sells do-it-yourself seltzer makers, in a deal worth .2 billion.The move will boost Pepsi's efforts to shift from its traditional high-calorie soft drinks business to offering healthier options.SodaStream's products, marketed as a healthy alternative to sugary sodas, fit Pepsi's goal of "making more nutritious products while limiting our environmental footprint," Pepsi CEO Indra Nooyi said in a statement. "Together, we can advance our shared vision of a healthier, more sustainable planet."Nooyi, who will step down in October after more than a decade as chief executive, has steered Pepsi toward healthier offerings, saying it's important for the company's future because of consumers' increasing attention to health. She will be replaced by Ramon Laguarta, Pepsi's head of global operations.Nooyi split the company's products into three categories: Fun For You includes traditional, higher-calorie soft drinks and snacks. Better For You includes diet drinks and lower-calorie snacks, such as potato chips that are baked instead of deep-fried. And Good For You includes foods such as Quaker Oats oatmeal, Sabra hummus and Naked Juice smoothies.Buying SodaStream will further boost Pepsi's health credentials. The Israeli firm has seen its stock pop more than 320 percent in the past two years after it rebranded itself as a sparkling water company.The deal will be funded using Pepsi's cash on hand and has been unanimously approved by the boards of both companies. It is expected to close by January, pending a SodaStream shareholder vote and certain regulatory approvals. 1746
Phone calls between President Donald Trump's personal attorney, Michael Cohen, and the White House are being monitored by the Federal Bureau of Investigations, according to a report.Cohen's phones are being monitored through a log of which numbers it connects with, the report says. President Trump and Cohen have had at least one conversation since Cohen's offices were raided in connection to an alleged payment the attorney made to a porn star who says she had an affair with Trump.The report says the phone monitoring was approved by a judge weeks prior to the April 9 raid on Cohen's house in New York City. In the raid, authorities seized files related to the alleged payment Cohen made to Stormy Daniels for 0,000. The money was allegedly to pay her to keep quiet about the affair she says she and Trump had in 2006.An earlier report said Cohen's phones had been wire-tapped, but that was found to be false. 950
Plan to buy your first home in 2021? It’ll probably take months instead of weeks, and you might feel demoralized at times.That’s not negative thinking. It’s an acknowledgment that the road to homeownership has potholes. The journey can be bumpy, but the destination is worth it. When you know at the outset that you’re in for emotional highs and lows, it’s easier to shrug off those lows and keep on truckin’.Here’s why 2021 will be a rough year for first-time home buyers — and how to manage your emotions during the process.Why buying a home in 2021 will be toughThere aren’t enough homes for sale to meet demand. At the end of October, the most recent month with available data, 1.42 million existing homes were available for resale. At that month’s sales pace, it would take just 2.5 months to sell every home on the market — an all-time low, according to the National Association of Realtors. The supply of new homes for sale was enough for 3.3 months, tied with the previous month for a record low.Supply is low because buyers are pouncing whenever homes become available. Most existing homes sold in October — 7 in 10 — were on the market less than a month, according to the NAR.With a slender stock of homes selling fast, buyers have little power. “The control is in the seller’s hands because of supply and demand,” says Terri Robinson, a Realtor with Re/Max Select Properties in Ashburn, Virginia.Set realistic expectationsExpect months to elapse between the first step of checking your credit reports to the final step of closing on the home. “The first thing that I hope people understand is it’s not an overnight process,” says Marc J. Jenkins, a real estate agent with Prime Property Partners in Atlanta.Jenkins tells first-timer clients that it typically takes five to eight months to buy a home. Understanding that homebuying timeline “prepares them mentally, emotionally and financially to see this process through.” Would-be buyers are prone to burnout if they expect the process to take a month, he says.Everyone wants a bargain, but buyers need to recalibrate the meaning of that word so it applies to today’s competitive environment. “A bargain, if I were to redefine that, is the home that you want for the price that you’re willing to pay,” Robinson says.Know where you’ll compromiseMore than three-quarters of home buyers in their 20s and 30s made compromises, according to NAR’s 2020 Home Buyers and Sellers Generational Trends Report. The most common compromises had to do with the condition or price of the home.So before you start seriously looking at homes, decide what you need and what you won’t budge on. You may have a maximum price and commute time, a minimum size or other requirements. Those are your deal breakers. Write them down. Resist the temptation to compromise on deal breakers, even when you feel discouraged. For all else, keep an open mind.Make decisions fastIn today’s market, many homes are on the market for less than a month, so it’s important to make an offer quickly once you find one you like. Let your list of deal breakers be your guide. If a home meets your criteria, including an acceptable price, it may be worth making an offer. Again, quickly, because many sellers field multiple offers within a day or two of listing the home and planting a “for sale” sign in the yard.“Even as a first-time home buyer, they may have to make a quick decision whether or not to buy a home,” Robinson says. To have the offer taken seriously, have a preapproval letter from a lender and make a competitive offer, she adds.Don’t take rejection personallyWhen first-time buyers make offers, “they’re going to get rejected many times,” says Laura Moreno, host of the “First Time Home Buyer Podcast” and founder of a tech startup called HomeFlow that offers an all-in-one homebuying platform.As rejected offers pile up, they take it personally or feel worthless, Moreno says. “What I tell them is just breathe. It’s not a judgment against you.”You might get lucky and have your first offer accepted. But don’t count on it. Realize that for the seller, this is a business decision.Wait before you celebrateYour offer was accepted? Great! Just remember that the home inspection and lender’s appraisal are coming next, and either of them can knock the deal awry. The more excited you get about the seller giving your offer a thumbs-up, the more disappointed you’ll be if you have to give the deal a thumbs-down after the inspection or appraisal.Think about the seller’s needsYou’re focused on your own needs and problems. That’s understandable, but there’s a benefit to thinking about the seller’s needs, too.Jenkins advises making the offer attractive to the seller. That might mean keeping the inspection period short: maybe just three to five days, so the seller can put the home back on the market promptly if you’re dissatisfied with the inspection and decide to move on.Having a preapproval letter from a reputable mortgage lender, paying all of your own closing costs and paying some or all of your agent’s commission are other ways to meet the seller’s needs.Have a backup plan: Don’t buy yetAs fervently as you want to buy a house in 2021, your best option might be to wait until fortune favors you. By putting homebuying on hold for a few months, you give yourself time to save for a bigger down payment and build your credit, and for your local housing market to become less competitive.More From NerdWalletHow first-home shoppers can keep a cool head in a hot market4 market headwinds facing first-time home buyersThe credit score needed to buy a houseHolden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. 5691
Perhaps we'll finally find out who the boss is.Tony Danza and Alyssa Milano confirm a reboot of "Who's the Boss?" is in the works.The original sitcom ran on ABC from 1984 to 1992.It starred Danza as single father Tony Micelli, who goes from being a professional baseball player to a live-in housekeeper for advertising exec Angela Bower, who was played by Judith Light.Milano starred as his daughter, Samantha.Danza and Milano shared news of the show's return on social media. 484
Patient care and safety are always our highest priorities, and we take this matter very seriously. We have conducted a thorough investigation and are working closely with the medical staff, patient care staff, and hospital leadership, as well as with the California Department of Public Health to ensure that an incident like this does not happen again. Consistent with patient privacy laws and hospital policy, we respect our patients’ privacy by not discussing the specifics of their care. 499