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Kasa Living has made a habit of raising funds at some of the hardest times for the hospitality and proptech industries. Kasa Living CEO and founder Roman Pedan points to the shares of Marriott and Hilton, which are up over the last five years, as an indication of what Kasa could be. Kasa Living is now working with some investment firms to help locate and buy buildings that Kasa Living will operate, a model known as OpCo/PropCo. Instead of having to hire someone to handle bookings and finances for each property, Kasa Living handles it all centrally, "removing that fixed cost." Some financial information has been redacted from the deck by Kasa Living.
Persons: Roman Pedan, Kasa, Pedan, Pendan Organizations: Marriott, Hilton, KKR, Sonder, TPG, Amazon Web, Citi Ventures, FirstMark, New York Life Ventures, Fireside Investments, RET, Zigg, Ribbit, EBay, Kasa Locations: Brookfield
When Summer Lee ran for Congress in 2022, she had to battle a wave of pro-Israel spending. AdvertisementGoing into this year, Rep. Summer Lee seemed likely to be a top target for pro-Israel groups. Both AIPAC and another key pro-Israel group, Democratic Majority for Israel (DMFI), opted to stay out of the primary. Pro-Israel groups spent money against Lee not just in the primary, but in the general election as well. Meanwhile, progressive groups supporting Lee spent nearly $710,000, and on Sunday, Ocasio-Cortez came to Pittsburgh to rally with Lee.
Persons: Summer Lee, Lee, , Bhavini Patel, Mark Mellman, Sen, Bernie Sanders's, Alexandria Ocasio, Cortez —, That's, o6e7abRSr2 —, Patel, Jeff Yass, Cortez, Lee —, Joe Biden —, Biden, who've Organizations: Service, Democratic, American Israel Public Affairs Committee, Israel, Washington Post, Rep, AIPAC, Pennsylvania, House, Democratic Socialists of America, o6e7abRSr2 — AIPAC, Democratic Party, GOP, Law Locations: Israel, Pittsburgh, Alexandria, Squirrel Hill, Gaza, Emboldening
After Hamas’s Oct. 7 attack on Israel, pro-Israel political groups put the Democratic Party’s most outspoken critics of the Jewish state on notice: An avalanche of spending was coming to either unseat them or force them to change their posture on the Middle East. But the first expeted target of that avalanche, Representative Summer Lee of Pittsburgh, will face only nominal opposition in the Pennsylvania primary on Tuesday. And though groups like Democratic Majority for Israel and United Democracy Project, an affiliate of the American Israel Public Affairs Committee, have raised tens of millions of dollars to make good on their threats, they have so far mostly declined to spend it. Pro-Israel groups were unable to recruit an experienced, well-known primary challenger to Ms. Lee. That is not the case in primaries to come, especially Representative Jamaal Bowman’s in New York in June and Representative Cori Bush’s in Missouri in August.
Persons: Summer Lee, Lee, Jamaal Bowman’s, Cori Bush’s Organizations: Israel, Democratic, United Democracy Project, American Israel Public Affairs Committee, Synagogue Locations: Israel, Pittsburgh, Pennsylvania, Squirrel, New York, Missouri
CNN —A dozen of the nation’s biggest news organizations posted an open letter Sunday, urging President Joe Biden and former President Donald Trump to participate in televised debates ahead of the 2024 election. C-SPAN joins other major news organizations to urge the presumptive presidential nominees to publicly commit to participate in general election debates prior to November's election. Biden has not publicly committed to debating Trump, although he has not ruled it out. The Commission on Presidential Debates has scheduled three presidential debates for September and October in Texas, Virginia and Utah. Biden responded to Trump’s calls for earlier debates in February, telling reporters: “If I were him, I’d want him to debate me, too.
Persons: Joe Biden, Donald Trump, , Biden, Trump, ” Biden, ” Trump, Susie Wiles, Chris LaCivita, I’d, He’s, Trump’s Organizations: CNN, ABC News, Associated Press, CBS News, SPAN, Fox News, NBC, Univision, NPR, PBS, USA, Republican National, Republican Party, Trump Locations: Texas , Virginia, Utah
CNN —Five of the major US television networks have banded together to draft a letter urging President Joe Biden and former President Donald Trump to commit to participating in televised debates ahead of the 2024 election. Frank Fahrenkopf, co-chair for the nonpartisan Commission on Presidential Debates, told CNN he has not yet seen the letter. Biden has not publicly committed to debating Trump, although he has not ruled it out. Trump has posted on social media that he will debate “anytime, anywhere anyplace” despite the Republican National Committee voting unanimously in 2022 to withdraw from the Commission on Presidential Debates. “If there is one thing Americans can agree on during this polarized time, it is that the stakes of this election are exceptionally high,” the TV networks stated in the letter.
Persons: Joe Biden, Donald Trump, , Frank Fahrenkopf, Biden, Trump, ” Biden, Trump’s, Organizations: CNN, NBC, CBS, ABC, Fox News, The New York Times, Republican National, Republican Party, Trump
Three booming businesses that make Denver stand out
  + stars: | 2024-04-08 | by ( Chris Dilella | ) www.cnbc.com   time to read: +4 min
Two cities in Colorado are experiencing tech-fueled economic booms, with Denver's skyline transforming and Boulder's gross domestic product surging. However, the influx of people and businesses has brought challenges like a growing homeless population, affordability issues and infrastructure strain. A recent report shows a 24% drop in Denver's cannabis revenue compared with 2021. Major league moneymakersCameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. A stage for economic successA concert at Red Rocks Park and Amphitheatre outside Denver.
Persons: Amy Sparwasser, Matthew Staver, Jared Polis, Polis, Mike Johnston, moneymakers Cameron Fleming, Dustin Bradford, Deion Sanders, Prime's, John P Kelly Organizations: Denver &, Bloomberg, Getty, CNBC, Denver Department of Excise, Licenses, trailblazer, Industry, State Planning, Denver, Denver Broncos, Kansas City Chiefs, Broncos, Nuggets, Rockies, Avalanche, Analysts, University of Colorado Boulder's, NFL, University of Colorado, Boulder, Rocks Locations: Denver, CNBC's, Colorado, Success, Denver & Boulder, Denver , Colorado, Chicago , New York, Los Angeles, University of Colorado Boulder
The banks, in turn, make shareholders happy by reporting lower compensation costs since deferred compensation is marked as a liability. At Morgan Stanley, advisors forfeit this pay if they leave for another employer before four years of service. This ruling was used by a lawyer on another case, Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. In November, Morgan Stanley successfully fought off a class action attempt by 12 ex-Morgan Stanley advisors. Lawyers told Business Insider that the award and the ruling in Shafer v. Morgan Stanley will likely inspire more ex-advisors to sue.
Persons: , Morgan Stanley, Morgan Stanley's, Alan Rosca, Cerulli, Rogge Dunn, Biden, Dunn, Goldman Sachs, Spencer Platt, Rosca, It's, Shafer, Judge Paul Gardephe, Meaghan VerGow, Pamela Miller, O'Melveny, Jack Edwards, Edwards, Street Former Morgan Stanley, Phil Waxelbaum, They've, you've, — Rosca, Waxelbaum, We're Organizations: Service, Wall, Business, Advisors, Biden Administration, FTC, Getty, Financial Industry Regulatory Authority, Street Former, Ajamie LLP, JPMorgan Locations: Cleveland, Dallas, New York, Shafer, Houston, Wells
When Gwyneth Paltrow and Chris Martin named their separation a "conscious uncoupling" 10 years ago, I was in Costa Rica on a writing retreat. What the heck is a "conscious uncoupling"? Within one day, conscious uncoupling was listed in an online dictionary as "redefining divorce in the 21st century." Katherine Woodward Thomas, the founder of Conscious Uncoupling Laura ReochYet Mark and I were determined to protect our daughter and resolved to not put her in the middle. Katherine Woodward Thomas, a licensed marriage and family therapist, is the New York Times bestselling author of "Conscious Uncoupling: 5 Steps to Living Happily Even After."
Persons: Gwyneth Paltrow, Chris Martin, she'd, Gwyneth, uncoupling, I'd, Mark, Katherine Woodward Thomas, Laura Reoch, That's Organizations: Hollywood, Disney, New York Times Locations: Costa Rica, goop, Star, Venice, Italy
The IRS has received about 54 million tax returns so far and is issuing an average refund of $3,182, according to the agency's latest data. While a refund may feel like a significant amount of new money hitting your bank account, it's actually been your money all along. That's why financial pros generally advise clients to put any refund money toward financial goals rather than spending it. "I'd start with filling up your emergency fund with your tax refund, if that's not yet filled," she tells CNBC Make It. "For paying off debt, I like to use the debt avalanche method," she says.
Persons: it's, , Erika Kullberg, that's Organizations: IRS, CNBC
Sen. Katie Britt addressed Scarlett Johansson's portrayal of her on "Saturday Night Live." In an appearance on fellow Republican Sen. Ted Cruz of Texas's "Verdict" podcast, the Alabama senator said being portrayed by Scarlett Johansson on "Saturday Night Live" wasn't on her "bingo card" for 2024. "Look — Scarlett Johansson is hot," said Cruz, noting that he's "genuinely jealous" of Britt for being portrayed by Johannson. Advertisement"At least you are played by a woman," Cruz later said. "I mean, Scarlett Johansson.
Persons: Sen, Katie Britt, Scarlett Johansson's, Britt, , Joe Biden's, Republican Sen, Ted Cruz, Scarlett Johansson, — Scarlett Johansson, Cruz, Johannson, Aidy Bryant —, I've, Mitch McConnell, who's, Mitch McConnell's, Mitch, McConnell, Mike Johnson Organizations: Alabama senator's, Service, Union, Republican Locations: Alabama senator's State, Joe Biden's State, Alabama, Cancun
The Scope 3 disclosure requirements have drawn strong criticism from many corporations, who claim the regulations are too burdensome. The climate disclosure rule was first proposed in March 2022. Since Congress has not passed major climate legislation for years, opponents of the SEC's climate rule will likely sue the SEC and cite West Virginia v. EPA, again arguing that Congress has not granted specific authority for the SEC to act on climate change. The disclosures required from the proposed SEC rule may shuffle the deck on companies that are considered "green" or "not so green." Arne Noack, manager of the Xtrackers S&P 500 ESG ETF and DWS Head of Systemic Investment Solutions for the Americas, will be the guest on ETF Edge at 1:10 p.m.
Persons: Gary Gensler, Gensler, overreach, Joe Biden, Kathleen McLaughlin, Arne Noack, Noack, Todd Sohn, He'll, Dave Nadig Organizations: SEC, U.S ., Banking, Housing, Urban Affairs, Capitol, Washington , D.C, The Institute, New York University School of Law, Environmental Defense Fund, Reuters, Securities, Exchange, Walmart, APA, EPA, Act, America, Corporate, Equity, Systemic Investment Solutions, Edge Locations: Washington ,, America, West Virginia, Virginia, ESG, Americas, ETFedge.cnbc.com
Rep. Lauren Boebert joked about the infamous "Beetlejuice" incident that's imperiled her reelection. AdvertisementRep. Lauren Boebert is ready to make some light of the incident that's arguably imperiled her political career more than anything else. In an interview with The Washington Post, Boebert made a passing reference to the "Beetlejuice" incident as she discussed finding a suitable congregation in her new home. Advertisement"People were freaking out about me dancing in the seat at 'Beetlejuice,'" said Boebert. Since moving to the new district, Boebert has earned the backing of House Speaker Mike Johnson and former President Donald Trump.
Persons: Lauren Boebert, imperiled, , Boebert, Mike Johnson, Donald Trump, she's, Jerry Sonnenberg, Boebert's Organizations: Denver, Service, Colorado Republican, Washington Post, Colorado — Locations: Denver, Colorado, Boebert
CNN —Blizzard conditions continued to slam Northern California over the weekend with damaging winds and heavy snow dumping on mountain ridges down to the valleys. The most extreme conditions are unfolding at the highest elevations in the mountains, with whiteout conditions and hurricane-force winds. The weather service has warned of “high to extreme” avalanche danger through Sunday afternoon in the Central Sierra and Greater Lake Tahoe area. “Expect snowy conditions throughout the park,” park officials said. A blizzard warning remains in effect for the park area until 7 p.m. on Sunday, according to the National Weather Service in Hanford, California.
Persons: , Whiteouts, Brooke Hess, Mario Tama Organizations: CNN, Blizzard, Prediction, Central Sierra, Intermountain, Weather, West, National Weather Service, California Department of Transportation, Donner Summit, California Highway Patrol, Facebook, Officials Locations: Northern California, Sierra Nevada, Nevada, Greater Lake Tahoe, Sierra, California, Tahoe, Twin, Truckee, Truckee , California, Colfax, Yosemite, Hanford , California
"Better days are ahead for the Republican Party," said Rep. Matt Gaetz of Florida. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Our thoughts are with our Democrat colleagues in the Senate on the retirement of their Co-Majority Leader Mitch McConnell (D-Ukraine). No need to wait till November… Senate Republicans should IMMEDIATELY elect a *Republican* Minority Leader. But McConnell comes from a different generation than many House and Senate Republicans, and he's had a famously frosty relationship with Trump since January 6.
Persons: Mitch McConnell, That's, Matt Gaetz, , Democratic boogeyman, Republicans trashing, Kevin McCarthy, Ronna McDaniel, We’ve, McCarthy McDaniel McConnell, qZEZ7s9Ly6, Republican Sen, Josh Hawley, McConnell, Sen, Rick Scott of Florida, Hawley, Scott, Chuck Schumer, Schumer, Donald Trump, Merrick Garland, Barack Obama's, he's, Mike Lee, John Organizations: GOP, Republican Party, Service, Democratic, Republicans, Caucus, Kentucky Republican, Republican, POLITICO, McConnell's, McConnell's Democratic, Supreme, Senate Republicans, Trump Locations: Florida, Ukraine, Josh Hawley of Missouri, Utah
CNN —In early January, anyone who visited the ski resort village of Gulmarg in Indian-administered Kashmir with hopes of actually skiing was out of luck. A severe snow shortage, blamed on dry weather, threatened to derail the entire winter season, leaving both travelers and tourism operators disappointed. Regardless of whether you’re a full-time athlete or someone who enjoys skiing and snowboarding for fun, Gulmarg offers a winter experience like no other. Today, travelers headed for Asia’s highest ski resort can enjoy over 1,330 vertical meters (4,363 feet) of skiable terrain, with lifts offering access to four separate skiing zones on Mount Apharwat. Many of those visitors don’t ski but just ride up the gondola to play in the snow and take in the views at the top.
Persons: Mukhtar Ahmad, Nanga Parbat, , Brian Newman, Newman, , ” Mehmood Ahmad Lone, , nans, Kababs, Rogan Josh, Kati, It’s, Mount Apharwat, Colonel Mirza Zahid Baig, Gulmarg, Javedh Ahmad Reshi Organizations: CNN, El, El Nino, Adventure, Hindustan Times, Newman’s, US Department of State, Warfare, USA Locations: Gulmarg, Kashmir, India, Mount Apharwat, British, Apharwat, Nanga, Colorado, Europe, North America, Pakistan, Khyber, Highland, Hilltop, Kashmir’s, Srinagar, Mount
The finale of "True Detective: Night Country" answered some of our biggest questions — and left others open. Warning: Major spoilers ahead for episode six of "True Detective: Night Country." Warning: Major spoilers ahead for episode six of "True Detective: Night Country." Jodie Foster as Danvers in "True Detective: Night Country." Jodie Foster and Kali Reis as Danvers and Navarro in episode six of "True Detective: Night Country."
Persons: , Issa López, Liz Danvers, Jodie Foster, Evangeline Navarro, Kali Reis, López, I'm, Danvers, Michele K, Annie Kowtok's, Raymond Clark, Annie Kowtok, bankrolling, Clark, Tsalal, Kowtok, Silver, Hank, Navarro, Bee, it's, Otis Heiss, Hank Prior Organizations: HBO, Silver Sky, Danvers Locations: Danvers, Tsalal, Navarro
California’s central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Thunderstorms in valleys around the state capital on Monday could bring “brief tornadoes, large amounts of small hail, heavy rain, lightning, and gusty winds,” the weather service office in Sacramento warned on X, formerly Twitter. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.
Persons: Brayden Murdock, , “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California
California's central coast is at risk of “significant flooding,” with up to 5 inches (12 cm) of rain predicted for many areas, according to the weather service. Flood watches and warnings were issued in coastal and mountain areas up and down the state. “Consider completing Sierra travel during the day Sunday, or rescheduling to later next week,” said the weather service office in Reno, Nevada. The office issued a backcountry avalanche watch for the greater Lake Tahoe area and the eastern Sierra in Inyo and Mono counties. The California Governor’s Office of Emergency Services activated its operations center Saturday and positioned personnel and equipment in areas most at risk.
Persons: Brayden Murdock, , “ It’s, Murdock, Flood Organizations: FRANCISCO, National Weather Service, Motorists, Sierra, The California Governor’s, Emergency Services Locations: Northern California, Oakland, San Jose, San Francisco, Santa Lucia, Santa Ynez, Los Angeles, Sacramento, Southern California, Sierra Nevada, Reno , Nevada, Tahoe, Sierra, Inyo, Mono, The California
Read previewThe tremors rattling US commercial real estate are spreading to other countries and sectors, and threaten to escalate into a financial earthquake as refinancing deadlines loom. There are growing signs that commercial real estate is in serious trouble. AdvertisementProspective losses, refinancing woes, international contagion, and panic selling combine to create a bleak outlook for the commercial property sector. The catalyst for both the banking and commercial real estate drama is deceptively dry: rising interest rates. AdvertisementMoreover, "Undercover Billionaire" star and real estate tycoon Grant Cardone has hailed the ongoing correction as a rare chance for everyday people to buy "trophy real estate" from institutional owners.
Persons: , aren't, Barry Sternlicht, Pfandbriefbank, Warren Buffett, Ian Jacobs, Jacobs, Grant Cardone Organizations: Service, Business, Starwood Capital's, Bloomberg, European Central Bank, New York Community Bancorp, Investors, Silicon Valley Bank, Federal Reserve, Wall Street, Berkshire Hathaway, Ares Management Locations: Europe, Silicon, San Francisco, New York City, Manhattan, Los Angeles
Rick Tocchet and Rick Bowness were together at NHL All-Star Weekend when news broke that the Winnipeg Jets traded for Sean Monahan. “It’s a great move by Winnipeg, great move by Vancouver getting our guy.”Toss in the Colorado Avalanche signing veteran winger Zach Parise around the same time, and the race for players is already well underway in the Western Conference. And there's still three weeks left until the March 8 deadline, as trade talk picks up and plenty more movement is expected. “Obviously, (we have) a lot of good players and a lot skill — strength throughout the whole lineup. Getting Parise without having to give up draft picks, prospects or players from their roster was a nice first step for general manager Chris MacFarland.
Persons: Rick Tocchet, Rick Bowness, Sean Monahan, Bowness, Elias Lindholm, It’s, ” Tocchet, “ It’s, Zach Parise, there's, , Nathan MacKinnon, , Connor McDavid's, ” Lindholm, Monahan, Connor Hellebuyck, Kyle Connor, Connor, Nazem Kadri, Alexandar Georgiev, Chris MacFarland, Andrew Cogliano, that’s, Parise, Noah Hanifin, Chris Tanev, Jacob Markstrom, Jake Allen, Anaheim's Adam Henrique, Washington's Max Pacioretty, Nic Dowd, Anthony Mantha, Nick Seeler, Sean Walker, Tocchet, ” they're, Bowen Byram, we’ve Organizations: NHL, Winnipeg Jets, Tocchet's Vancouver Canucks, Colorado Avalanche, Western Conference, Stanley, Avalanche, Canucks, Dallas Stars, Central Division, Connor McDavid's Edmonton Oilers, Vegas Golden Knights, Winnipeg, Jets, Bowness, Calgary Locations: Winnipeg, Vancouver, West, Colorado, Bowness , Winnipeg, Montreal
Stephanie Keith | Getty ImagesDemocrats aren't just breathing a sigh of relief after flipping a red seat blue in New York's special election — they're taking notes. On the same day as the special election in New York, House Republicans voted to impeach Homeland Security Secretary Alejandro Mayorkas. Republicans backing Pilip, who was born in Ethiopia and served in the Israel Defense Forces, worked hard to make the special election a referendum on immigration. Special election, special circumstancesDespite Murphy's warning, many political watchers are quick to note that the New York special election is far from a perfect bellwether for the general election. New York Republican Chair Ed Cox in a statement Tuesday night blamed "the specific circumstances that brought about this special election" for Pilip's loss.
Persons: Tom Suozzi, George Santos, Stephanie Keith, they're, Mazi Pilip, Mike Johnson, Joe Biden, Donald Trump, Alejandro Mayorkas, Pilip, Suozzi, Trump, Sen, Chris Murphy, Conn, Tom Suozzi's, Murphy, Santos, Ed Cox, Biden Organizations: Democratic U.S ., Republican, Getty, Rep, Democratic, GOP, Republicans, Biden, Homeland, Israel Defense Forces, NBC News, New, Congressional, Congress, Democrats Locations: Woodbury , New York, U.S, Mexico, New York, Ethiopia
Toronto Maple Leafs defenseman Morgan Rielly has been suspended five games for cross-checking Ottawa Senators forward Ridly Greig in the final seconds of the teams' game over the weekend. The NHL's department of player safety announced the suspension Tuesday after a virtual hearing with Rielly and team and union representatives. Rielly took exception to Greig firing a slap shot into an empty net with 5.1 seconds left Saturday night to make it 5-3 Senators. He cross-checked Greig in the head and left shoulder but did not injure the 21-year-old playing his first full professional season. “He’s been on fire, obviously an incredible season,” Leafs forward William Nylander told reporters after practice Monday.
Persons: Morgan Rielly, Ridly Greig, Rielly, Greig, Rielly —, , Gary Bettman, “ He’s, William Nylander, , Andrew Cogliano, , who's, Bowen Byram, Ridley Greig, Byram, ” Rielly, they'd, He'll, Auston Matthews, “ We’ve, ___ Organizations: Toronto Maple Leafs, Ottawa Senators, Maple Leafs, Eastern Conference, Toronto, ” Leafs, Veteran, NHL, Avalanche, Blues, Philadelphia, St Locations: New York, Bettman, Colorado, Anaheim, Louis and Arizona, Vegas
Love or Hate Valentine’s Day?
  + stars: | 2024-02-12 | by ( Esther Zuckerman | ) www.nytimes.com   time to read: +3 min
He leaps to her defense in a hairy situation with an agitated traveler, and then they flirt over cocktails. It’s a reminder never to trust that cute stranger, because there just might be menace behind those ocean eyes. ‘My Best Friend’s Wedding’ (1997) Stream it on Netflix. Hogan’s “My Best Friend’s Wedding” has a reputation as one of the great 1990s romantic comedies, but it’s far nastier than its brethren. After all, it’s less about its protagonist trying to find love than it is about her on a mission to ruin lives.
Persons: ‘ Midsommar ’, Max, Ari Aster’s, Dani, Florence Pugh, Christian, Jack Reynor, we’ve, Wes Craven’s, Rachel McAdams’s Lisa Reisert, Cillian Murphy’s Jackson Rippner, Jackson, P.J, Hogan’s, Don’t, Julia Roberts, Julianne Potter, Dermot Mulroney, Cameron Diaz, Julianne, Hogan, , Ruben Ostlund’s, Tomas, Johannes Kuhnke, Ebba, Lisa Loven Kongsli, gaslit Organizations: Paramount, Netflix, Amazon Prime, Force Locations: Valentine’s, Swedish, French
A former executive at a prominent New York City development firm that collapsed amid an avalanche of investor lawsuits and foreclosures was arrested this week and is expected to be charged in connection with a multimillion-dollar fraud scheme, according to several people with knowledge of the case. The developer, Nir Meir, was taken into custody on Monday at the 1 Hotel South Beach in Miami and was expected to be extradited to New York City on the charges, which were brought by the Manhattan district attorney’s office, the people said. Several other people and businesses were expected to be charged in a series of indictments brought by the district attorney, Alvin L. Bragg, as part of a sprawling web of suspected criminal conduct involving Mr. Meir’s former company, HFZ Capital Group. Those expected to be charged include people involved with the construction firm Omnibuild, which worked on at least one major HFZ project, including a principal at the company, some of the people with knowledge of the matter said.
Persons: Nir Meir, Alvin L, Bragg, Meir’s Organizations: HFZ Capital Group Locations: New York City, Beach, Miami, Manhattan
LONDON (Reuters) - Britain's King Charles, 75, has been diagnosed with a form of cancer and will receive out-patient treatment for the condition for an unspecified period. The king has enjoyed good health for most of his life but he is no stranger to hospitals. 1990After falling from his horse during a polo match, Charles suffered two fractures in his right arm. He needed an operation later that year after one of the fractures failed to heal. 2001Another fall from a horse left him with a fractured small bone in his shoulder.
Persons: Britain's King Charles, Queen Elizabeth, Charles, Hugh Lindsay, COVID, Charles's, Harry, William, Michael Holden, Sarah Young, Ed Osmond Organizations: Great Ormond Street Hospital, Windsor, Ascot, BAe, Buckingham Palace Locations: Great, Florida, Switzerland, Klosters, Scotland, London
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