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Yahoo
26 minutes ago
- Yahoo
Apple launches program in Canada helping customers self-repair devices
Apple has launched in Canada its program that helps customers get the parts, tools and manuals they need to fix their own devices. Under the program, customers pay for any parts and rent or buy tools necessary to make repairs but get access to manuals and diagnostic software that help troubleshoot issues for free. The tech giant says its self-repair program can help with fixes for iPads, iPhones and Macs. Parts available range from batteries to glass screen covers, while tools include torque drivers, adhesive cutters and screw bits. Once a customer finishes their repair, they can receive a credit when they return their used or damaged parts to be refurbished or recycled responsibly. Canada is the 34th country to get access to the Apple self-repair program. This report by The Canadian Press was first published Aug. 19, 2025. Tara Deschamps, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hill
27 minutes ago
- The Hill
Homes are selling at the slowest summer pace in a decade: Redfin
High prices and economic uncertainty are keeping homes on the market longer, making last month the slowest July in a decade. The typical home that went under contract in July spent 43 days on the market — up from 35 days a year earlier and the longest span for any July since 2015, according to new Redfin data. It's another sign that buyers are gaining leverage after years of tight inventory, though the extent of that advantage varies by region. In Florida, homes are taking much longer to sell, over 90 days in some cities. West Palm Beach (95 days), Fort Lauderdale (92 days) and Miami (86 days) were the slowest major markets in the country last month. Demand in the Sunshine State has eased after a red-hot pandemic-era surge pushed prices higher and fueled a construction boom. Rising insurance costs and the threat of natural disasters have also deterred buyers. Homes in other Sunbelt boom towns, including Austin, Texas (68 days), Phoenix (67 days) and San Antonio (66 days), are also lingering on the market longer than the national average. Elevated mortgage rates and high prices dampened the spring homebuying season. Coupled with uncertainty over President Trump's tariffs and a cooling job market, it's no surprise families are staying put. One silver lining: slower demand has helped boost the housing supply across much of the country, giving buyers more bargaining power than they've had in years. Sellers are making concessions, and fewer homes are going above asking price compared to just a few years ago. That said, many cities — especially more affordable markets in the Midwest — remain hot. In Indianapolis, the typical home that went under contract last month spent just 17 days on the market — the shortest span for any major market, according to Redfin. Homes also sold quickly in Kansas City, Mo. (18 days), Warren, Mich. (18 days) and Detroit (19 days). July's time on the market reflects more of a return to normal than a historic slowdown. At 43 days, it was roughly in line with the national July norm from 2014 to 2016, Redfin data shows. Back in the summer of 2012, in the aftermath of the Great Recession, the typical U.S. home lingered for 69 days. The 10 major metros where homes lingered the longest in July, according to Redfin West Palm Beach, Fla.: 95 days Fort Lauderdale, Fla: 92 days Miami: 86 days Jacksonville, Fla: 75 days Austin, Tex: 68 days Phoenix: 67 days San Antonio: 66 days Nashville, Tenn.: 60 days Las Vegas: 55 days Charlotte, N.C.: 55 days
Los Angeles Times
27 minutes ago
- Los Angeles Times
Nexstar agrees to acquire Tegna in $6.8 billion TV station group deal
Nexstar Media Group, the largest TV station ownership group in the U.S., has agreed to acquire Tegna Inc.'s 64 broadcast outlets, the companies announced Tuesday. The deal will be the first major test of the TV station ownership rules under President Trump's Federal Communications Commission. FCC Chairman Brendan Carr has called the current rules arcane and has indicated he's open to change. The Irving, TX-based Nexstar, which owns Los Angeles outlet KTLA, will pay $22 a share for Tegna in a deal valued at $6.2 billion. The offer is 30% over the 30-day average of Tegna's closing stock price on Aug. 8. Nexstar has more than 200 stations in 116 markets, although some of are owned through partnerships. The company also owns NewsNation, the cable news channel launched in 2020, and a majority stake in the CW Network. Tegna currently owns TV stations in 51 markets, including KFMB in San Diego and KXTV in Sacramento. The combined companies would have total 265 stations reaching 80% in the U.S. Broadcasters have asked that the FCC lift the current ownership cap that limits owners to coverage of 39% of the country so they can consolidate and achieve the scale needed to compete with tech firms that don't face the same type of regulatory restrictions. The ownership cap was last revised upward in the pre-streaming era of 2004. The FCC rules also limit the number of stations an owner can have in a single market. 'The initiatives being pursued by the Trump administration offer local broadcasters the opportunity to expand reach, level the playing field, and compete more effectively with Big Tech and legacy Big Media companies that have unchecked reach and vast financial resources,' Nexstar Chairman Perry Sook said in a statement. TV station owners are looking for relief as they have been losing audience over the last decade due to consumers migrating to streaming platforms. While TV ratings have slumped, network TV affiliates draw massive audiences for NFL games that enable them to command high prices for commercials. Local stations also prosper during presidential and mid-term election years when they see an influx of political advertising revenue.
