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The number of affordable units — with rents under $600 — also dropped to 7.2 million that year, 2.1 million fewer than a decade earlier. Photos You Should See View All 45 ImagesThose factors contributed to a dramatic rise in eviction filings and a record number of people becoming homeless. "It just hits you like, ‘This is for nothing.’"In Auburn, Massachusetts, pervasive rent hikes have already hit the last bastion of affordable housing. Just off an interstate alongside a pond, residents at the American Mobile Home Park face rent increases upwards of 40%. The group Lawyers For Civil Rights has sent a letter to the landlord accusing it of “unconscionable rent increases," and failing to provide critical services like adequate garbage and snow removal.

Persons: Caitlyn Colbert, Colbert, “, ”, —, Whitney Airgood, Obrycki, ” Colbert, haven’t, Amy Case, Ann Urbanovitch, Zach Neumann, Monique Gant, Gant, Nick Graetz, ” Graetz, Chris Herbert, Jared Polis, ___ Casey, ___ Organizations: DENVER, Harvard Joint Center for Housing Studies, Harvard, Habitat, Humanity, American Mobile, Civil Rights, Associated Press, Colorado Judicial, Community Economic Defense, Princeton, ”, Colorado Gov, America Statehouse News Initiative, America Locations: Denver, U.S, ”, Auburn , Massachusetts, Colorado, Washington, Massachusetts, Boston

A lawyer for Woehrmann said DWS' internal investigations "did not reveal any evidence of misconduct on the part of my client". A spokesperson for prosecutors in Frankfurt, where DWS is headquartered, would only say an individual was targeted but would not name the person. DWS declined to comment on Woehrmann, but has said that it stands by its financial disclosures and fund prospectuses and is cooperating with investigators. At present, we cannot estimate when and how the proceeding of the Frankfurt Public Prosecutor’s Office will be concluded," DWS said. Woehrmann resigned as CEO of DWS last year after German prosecutors raided the offices of DWS and Deutsche Bank in Frankfurt over the allegations.

Persons: DWS's, Asoka Woehrmann, Patrizia, Woehrmann, DWS, BaFin, Matthias Inverardi, Miranda Murray, Sabine Wollrab, Susan Fenton, Louise Heavens Organizations: Deutsche Bank, Frankfurt Public, U.S . Securities, Exchange Commission, Thomson Locations: FRANKFURT, Frankfurt

☆ Federal employee pleads guilty to steering millions in contracts to family-connected firms
▼ + stars: | 2023-05-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

The OPM worker, 54-year-old Sheron Spann, is due to be sentenced Sept. 21. When Enlightened was incorporated in Maryland and Washington in 1997, Sheron Spann signed documents as a witness for its articles of incorporation, documents show. Enlightened won that contract, which had a funding ceiling of $4.5 million, with Sheron Spann serving as OPM's point of contact on the deal, the court filing said. Work under that contract ended up surpassing the original funding ceiling, "to exceed $25 million," according to the filing. Enlightened won a $1.5 million contract from OPM in April 2017 without having to compete with other bidders, the filing said.

☆ German $13 bln heat pump sale dents EU green hopes
▼ + stars: | 2023-04-26 | by ( Pamela Barbaglia | ) www.reuters.com time to read: +4 min

For 106-year-old German heat pump maker Viessmann it looks like an odd move, given its technology is in demand and at the forefront of the energy transition race. Heat pumps may not be the most obvious sector to lead a revival in transatlantic cross-border M&A, down 31% so far this year. The European heat pump market rose by over a third last year, with a record 3 million units sold in 2022 after government support and soaring fossil fuel prices boosted uptake of the technology, according to the European Heat Pump Association. European Union policymakers are betting on heat pumps to reduce CO2 emissions and cut dependence on imported fossil fuels. Germany’s heat pump market grew 53% in 2022, Germany’s heat pump association BWP reported in January.

☆ The people who live inside airplanes
▼ + stars: | 2023-02-02 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +9 min

CNN —After losing her house to a fire, Jo Ann Ussery had a peculiar idea: to live in an airplane. She bought an old Boeing 727 that was destined for the scrapyard, had it shipped to a plot of land she already owned, and spent six months renovating, doing most of the work by herself. By the end, she had a fully functional home, with over 1,500 square feet of living space, three bedrooms, two bathrooms and even a hot tub – where the cockpit used to be. Although she wasn’t the first person to ever live in an airplane, her flawless execution of the project had an inspirational effect. Maybe the worst choice for a home.”As a result, Campbell had to work on the plane for a couple of years before being able to live in it.

Persons: Jo Ann Ussery, Ussery, Benoit , Mississippi –, Bruce Campbell, Jo, ”, Campbell, “, Jo Ann’s, Scotty, That’s, Aristotle Onassis, he’s, Joe Axline, Axline, “ I’ve, I’ve, ” Axline, Howard Hughes, Dave Drimmer, Nashville Hall of Famer Red Lane, Lane, Jumbo, “ You’ve, there’ll, Bruce Campbell’s Organizations: CNN, Boeing, Olympic Airways, Florida Air Museum, Nashville Hall of Famer, Airport Locations: Benoit , Mississippi, Hillsboro , Oregon, Mongolia, Greece, Miyazaki, Japan, Brookshire , Texas, Stockholm's Arlanda, Florida, American, Costa Rica, Costa Verde, Sweden, Stockholm’s Arlanda, England, London

☆ If Credit Suisse loves its bankers, set them free
▼ + stars: | 2022-10-21 | by ( Liam Proud | ) www.reuters.com time to read: +6 min

LONDON, Oct 21 (Reuters Breakingviews) - Credit Suisse (CSGN.S) is a weak bank with some strong bankers. SECOND COMINGImagine, then, that Credit Suisse spins out its advisory and capital-markets business. But Credit Suisse has never quantified the business it wins from intragroup referrals, which suggests it is low. In this case, it will be higher if those people are no longer at Credit Suisse. First Boston was a U.S. investment bank in which Credit Suisse first bought a stake in 1978.

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