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New York Post
2 days ago
- Sport
- New York Post
Mets' big bats bash pathetic Rockies to finish sweep
Access the Mets beat like never before Join Post Sports+ for exciting subscriber-only features, including real-time texting with Mike Puma about the inside buzz on the Mets. Try it free When presented with an ailing offense, nine out of 10 doctors recommend facing Rockies pitching. Sure enough, after sweeping a series against a team that has sunk to 9-50, the top of the Mets lineup has never looked healthier. Pete Alonso, Francisco Lindor and Juan Soto smoked shots that provided all of the Mets runs in a 5-3 victory over the Rockies on an unseasonably chilly Sunday afternoon in front of a sellout crowd of 43,224 at Citi Field. In wrapping up a strong nine-game homestand in which it won seven, Carlos Mendoza's group is a season-high 15 games over .500 (37-22). The Mets can look forward to another three games in Colorado next week, but they will have to stop at Dodger Stadium for a four-game set first. 3 Mets first baseman Pete Alonso hits a three-run home run in the fourth inning against the Rockies on June 1, 2025. Corey Sipkin for the NY POST Their best bats will enter another NLCS rematch swinging well: Lindor, Soto and Alonso combined to pound the worst team in baseball to the tune of 13-for-35 with six home runs, two doubles and nine RBIs. Sunday it was Alonso who helped the club climb out of an early hole. After soft-tossing lefty Carson Palmquist frustrated the Mets one time through the order, the bottom of the fourth began with a Starling Marte walk and Soto getting plunked. 3 Mets shortstop Francisco Lindor hits a solo home run in the fifth inning against the Rockies on June 1, 2025. Robert Sabo for NY Post Alonso then erased a one-run deficit by sending a towering, three-run shot over the bullpen in right-center, breaking a tie with Howard Johnson for fourth-most RBIs (632) in franchise history. Next up on the list is Mike Piazza's 655. The Rockies tied the game against Clay Holmes (a career-high seven innings in which he allowed three runs on three hits) in the fifth, when Tyler Freeman smacked a slider that didn't slide over the wall in right-center to make it 3-3. But a righty-hitting Lindor answered back in the bottom of the inning, lasering a homer to left for his third homer in three games. The Mets have won the past 26 games in which their de-facto captain has launched a homer. 3 Juan Soto celebrates his eighth-inning home run with his Mets teammates on June 1, 2025. Robert Sabo for NY Post Insurance arrived in the eighth, when Soto's back knee wound up on the dirt but he still had enough power to lift a Zach Agnos splitter over for the right-field wall. Reed Garrett and Edwin Díaz (13th save) struck out five over two scoreless innings in continuing to look like one of the best late-game combinations in the game.
TimesLIVE
06-05-2025
- Business
- TimesLIVE
Sunoco to buy rival Parkland in $9bn deal
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1bn (R166,457,655,000), including debt, the US fuel supplier said on Monday, a move that would create the largest independent fuel distributor in the Americas. Parkland management hailed the deal as a path to greater financial stability and growth. The company had undertaken a strategic review in March after persistent pressure from Simpson Oil, its largest shareholder with a nearly 20% stake, and activist investor Engine Capital. Simpson expressed its displeasure with the deal on Monday, a sign internal turmoil at the Canadian company is not over. Under terms of the deal, each Parkland share will be exchanged for C$19.80 (R261,86) in cash and 0.295 Sunoco unit, a 25% premium over the seven-day volume-weighted average price. Parkland cancelled its May 6 annual general meeting and instead scheduled a special meeting for June 24 at which Parkland shareholders will vote on the Sunoco transaction. In a statement on Monday, Simpson Oil, which had been trying to wrest control of the company's board by proposing its own proxy slate of board candidates, said it has applied for a court injunction to force Parkland to hold the annual general meeting on May 6 as initially planned. Simpson said Parkland's board is pushing ahead with the deal despite losing shareholders' confidence, calling it a "last-ditch attempt" by the company to retain control. Shares of Sunoco, which operates in wholesale fuel distribution and retail convenience, were down 5.6% at midday while those of Parkland were up 6.3%. The acquisition marks the company's second major deal in recent years. In 2024, Sunoco acquired fuel storage and pipeline operator NuStar Energy for $7.3bn (R133,488,521,240). The Parkland deal is expected to close in the second half of the year and deliver more than $250m (R4,570,880,000) in annual cost savings by the third year. Sunoco said the transaction will boost cash flow by more than 10% and allow the combined company to return to its target debt levels within 12 to 18 months of closing. To fund the cash portion, Sunoco has secured a $2.65bn (R48,451,328,000), 364-day bridge loan, a short-term facility often used to bridge financing gaps in large deals. On a call with analysts, executives said the companies will distribute more than 15-billion gallons of fuel annually and strengthen their position across wholesale and retail markets. Sunoco will keep investing in Parkland's Burnaby Refinery, which makes cleaner, low-carbon fuels, and run it for the long term to supply fuel to the Lower Mainland region in Canada.
The National
26-04-2025
- Business
- The National
Dubai reports rise in multi-year tenancy contracts as rents increase
Dubai is recording an increase in multi-year rental contracts as more tenants are planning to stay in the city for longer and seek to secure favourable lease terms, a new report has found. 'These tenants value the ability to lock-in their rent for better financial planning, while landlords benefit from reduced turnover and fewer vacancy periods,' said Rupert Simmons, directors of leasing at real estate company Betterhomes. 'Longer-term commitments are a positive indicator of a maturing rental market.' One- and two-cheque payments increased by 10 per cent and 11 per cent, respectively, on a quarterly basis in the first three months of 2025, the data found. This trend is potentially driven by tenants aiming to secure more favourable lease terms in a competitive environment and indicates a growing presence of higher-income demographics entering the market, according to the Betterhomes report. While multiple cheque payments remain a common practice, tenants with higher budgets tend to show greater flexibility in their payment terms, the research revealed. Renewal contracts continued to dominate rental activity, with 64 per cent of all leases in the first quarter being renewals, the highest proportion in the past year. This shows that tenants choose to remain under the protection of the rental price index as they see better value by staying put, rather than re-entering the market, the report said. Dubai Marina, Jumeirah Lakes Towers and Downtown Dubai were the top leasing communities for apartments, while family-friendly communities such as The Springs, Dubai Hills Estate and Tilal Al Ghaf were most popular for leasing townhouses, Betterhomes revealed. 'The strongest increase in demand was seen in the townhouse segment, pointing to increased interest in this housing type,' the report said. A growing number of long-term tenants are choosing to purchase property, driven by relatively lower mortgage payments compared to rental costs. 'In today's market, the gap between renting and owning has never been narrower. With mortgage rates stabilising and property values on the rise, buyers are seizing the opportunity to turn monthly payments into long-term equity. Ownership in Dubai is a strategic financial move,' said Jeffrey De Souza, head of mortgages at Lomond, a mortgage service provider. To put this into perspective, consider a two-bedroom property in The Springs, typically priced at around Dh3 million ($816,882). The annual range for such a property ranges between Dh150,000 and Dh200,000, according to the Real Estate Regulatory Agency's rental index calculator, the Betterhomes report explained. A 25-year mortgage on a Dh3 million property at an interest rate of 3.99 per cent would result in monthly payments of approximately Dh12,655, or Dh151,860 annually, highlighting the financial advantage of buying over renting, the report said. Dubai's property market has been benefiting from government initiatives such as residency permits for retired and remote workers, expansion of the 10-year golden visa programme and overall growth in the UAE's economy on diversification efforts. The city's real estate market recorded 42,422 sales transactions in the first quarter of 2025, a 23 per cent increase compared with the same period last year, according to the Dubai Land Department. However, transaction volumes declined by 10 per cent compared with the particularly active final quarter of 2024. The off-plan sector was a major contributor, accounting for 24,942 transactions, a 25 per cent increase annually, and representing 59 per cent of all deals. The overall value of real estate sales in Dubai recorded a 29 per cent year-on-year increase, touching Dh114 billion in the first quarter of this year, according to the DLD data. Apartment sales rose 14 per cent year-on-year to 32,237 transactions, with their total value up 12 per cent to Dh60.8 billion. Villa transactions jumped 65 per cent to 10,185, and value rose by 56 per cent to Dh53.4 billion. 'What's notable is the shift to more end-users and mortgage-backed buyers, indicating deeper confidence in Dubai as a place to live and invest long-term,' said Christopher Cina, director of sales at Betterhomes. While 7,848 units were handed over in the first quarter of 2025, a considerable volume of new properties is expected to be delivered in the coming years, according to data from Property Monitor. There is expected to be a notable peak in anticipated completions in 2026, with nearly 97,000 units forecasted. 'This substantial influx of new supply over the medium term will be a key factor to watch, alongside ongoing demand dynamics, as it may influence both property prices and rental rates,' the Betterhomes report said. Projected supply remains elevated through 2027 and 2028, before tapering off towards 2029, the report added.
Yahoo
10-03-2025
- Business
- Yahoo
Two building plans seek to add a combined 1,000 homes in Mt. Juliet. Are they still alive?
Separate development plans that total more than 1,000 homes combined on opposite ends of Wilson County have stalled over road infrastructure concerns and face an uncertain future. Both projects have sought annexation into Mt. Juliet. Here's a look. A mixed-use plan from Lifestyle Communities that includes 655 multifamily-housing units along Central Pike was brought back after first being proposed in 2022. However, Mt. Juliet planning commissioners voted to give a land use plan amendment a negative recommendation as concerns on the impact to Central Pike and area traffic were raised. Lifestyle Communities representatives then deferred requests to annex and rezone the property as recommendation items. A new Central Pike interchange and widening on Central Pike and South Mt. Juliet Road are part of the Tennessee Department of Transportation's 10-Year road project plan, released in 2023. However, there is an uncertain timeline on starting and finishing those road projects. 'I'm not going to sit here with any fiber of my being and approve a project that's going to put additional units on an unimproved road,' Planning Commissioner Preston George said prior to the vote. 'Until Central Pike is completely widened, I'm not going to support anything.' Lifestyle Communities, which has an existing development in Mt. Juliet's Providence area, also includes the brand's Goat Restaurant in the LC Mt. Juliet II plan. Development representatives offered to limit the number of units to 391 as a first phase until a new Central Pike interchange is complete. An LC Mt. Juliet II representative also told planning commissioners Lifestyle Communities wasn't looking to break ground until the final quarter of 2027. The timing would allow Lifestyle Communities to relocate Southwest Cook Road in order meet the elevation needed for the improvements to be made on Central Pike. A statement from Lifestyle Communities indicates the company may still seek approval. "We remain hopeful that, through a collaborative process with the city, residents, and the Tennessee Department of Transportation, we will find a path forward for this future community," the statement said. A preliminary master plan to build up to 434 high-end homes was deferred after Mt. Juliet planning commissioners gave a negative recommendation to an annexation request. Mira Bella is the name of the proposed community that would be located between Lebanon Road, Beckwith Road and Bass Lane between downtown Mt. Juliet and Lebanon. The plan also seeks commercial development closer to Lebanon Road. When a planning commissioner asked if home prices would be between $2 million and $5 million, a representative stated costs weren't set, but that it would be an 'exclusive community.' Planning commissioners gave a positive recommendation to a land use plan amendment request contingent on annexation and rezoning approval. However, planning commissioners followed with the negative recommendation vote on annexation and subsequent deferral of the preliminary plan that includes a rezone. City Commissioners would ultimately have to approve annexation and the plan and rezone if and when the plan returns. Several nearby residents raised concerns about traffic in an area of Lebanon Road that is only two lanes, Beckwith Road and traffic in general. Concerns included that Mira Bella doesn't touch a city road. City personnel did state that the Wilson County Road Commission would maintain a new traffic light on Beckwith Road if the neighborhood is ultimately approved. Efforts to reach developer Kyle Allen, owner and developer of Mira Bella Inc., on potential next steps were unsuccessful. Plans can go forward to the City Commission with a positive or negative recommendation from the Planning Commission if the developer chooses. The deferred requests would still need to seek Planning Commission review first, city officials said. Reach Andy Humbles at ahumbles@ and on X, formerly known as Twitter @ AndyHumbles. This article originally appeared on Nashville Tennessean: Mt. Juliet efforts to increase housing stall over infrastructure worry
CBC
07-03-2025
- Sport
- CBC
Italy's Paris wins World Cup downhill to prevent Swiss sweep, Odermatt closes in on overall title
Social Sharing Dominik Paris prevented a Swiss sweep of the podium by winning a men's World Cup downhill race in Kvitfjell, Norway on Friday, but the Italian veteran couldn't stop Marco Odermatt from closing in on another overall title. Paris claimed his record-extending fourth World Cup win in Kvitfjell after speeding down the 1994 Olympics slope in one minute, 44.67 seconds, beating Odermatt by 0.32 seconds and Stefan Rogentin by 0.63. Odermatt's second-place finish all but seals another overall title for the 27-year-old Swiss star. The three-time defending champion's 80 race points put him 440 ahead of Henrik Kristoffersen, who does not race downhill or super-G, and 655 clear of Swiss teammate Loic Meillard. Swiss skiers Franjo von Allmen and Alexis Monney were fourth and fifth, respectively. Their countrymen have dominated downhill races this season with 14 of 21 podium spots so far taken by Swiss skiers. "It's nice to be captain of such a great team," Odermatt said. "The young guns, they are coming, they are pushing me a lot. I try to stay on the top." Italy's Dominik Paris' 1st World Cup victory of the season arrives at Kvitfjell 1 hour ago Duration 2:18 Toronto's James Crawford was the top Canadian, finishing 26th, 2.65 seconds behind Paris. Brodie Seger, of North Vancouver, B.C., finished 28th, Jeffrey Read, of Canmore, Alta., placed 32nd and Raphael Lessard, of Granby, Que., was 46th. Odermatt can win a second straight Crystal Globe in downhill if he wins Saturday's race. It would be his first win in Kvitfjell. "I tried several times before in the downhill and never came better than seventh place. A great step," said Odermatt, referring to his best finish in Kvitfjell. WATCH | Canada's Crawford's finishes well back: Canada's James Crawford struggles at Kvitfjell World Cup downhill 1 hour ago Duration 2:25 Swiss skiers' dominating run started in the Norwegian resort last year with a win by Niels Hintermann. The 29-year-old Hintermann said last month he was declared free of lymph node cancer. The 35-year-old Paris won World Cup downhill races in Kvitfjell in 2016, 2019 and 2022, and Friday's victory took his tally altogether to 19, joint-second on the all-time downhill winners list with Peter Muller of Switzerland. Only Austrian skier Franz Klammer won more (25). "It's a good hill for me," Paris said after his first win for 14 months. The Italian had only two top-10 finishes this season. Friday's race was initially scheduled to take place in Garmisch-Partenkirchen, Germany on Feb. 2, but that was called off when fog prevented both training runs. After Saturday's downhill, a super-G is scheduled for Sunday.
