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☆ A Hulu exec details how elaborate partnerships 'surprise and delight' audiences and boost followings for big releases like Oprah-produced 'Black Cake'
▼ + stars: | 2023-11-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Disney's Hulu has a lot riding on "Black Cake," its adaptation of Charmaine Wilkerson's New York Times bestseller that centers on a Black family and spans decades and geographies from Jamaica to Scotland to California. Several Caribbean bakeries across the US will give out samples of black cake, the rum-soaked treat that's at the heart of the story. Hulu's partnerships start with the audienceMatthews and her team put together about a dozen partnerships a year tied to big releases. For "Black Cake," the book's fan base and defining themes were front and center for Hulu. Customers must be members of Barnes & Noble's Premium Membership ($39.99 a year) to see the "Black Cake" sneak peek, which let the bookseller promote its rewards program.

Persons: Charmaine Wilkerson's, Marissa Jo Cerar, Oprah Winfrey, Aaron Kaplan, Hulu, Noble, Adia Matthews, Matthews, screeners, —, Danny Trejo —, Postmates, Selena Gomez's, Cynthia Di Meo, Mabel Mora, Influencers, Barnes Organizations: Hulu, Charmaine Wilkerson's New York Times, Harpo Films, Entertainment, Barnes, Spelman College, Howard University, Hollywood, Con, Samba, Walt Disney Co, Disney Locations: Jamaica, Scotland, California, Caribbean, it's, Southern California, Los Angeles, LA, American, Hollywood

☆ Washington judge, Georgia DA both got violent threats on heels of Trump vow to 'go after' foes, court docs allege
▼ + stars: | 2023-10-31 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

A lead prosecutor and a judge involved in separate criminal cases against Donald Trump received violent threats within two days of the former president warning that he was "coming after" his foes, court documents allege. Prosecutors allege Arthur Hanson, 59, of Huntsville, Alabama, delivered the threats in voicemails left for Willis and Labat on Aug. 6. Smith cited the same post in a September court filing seeking a gag order against Trump. Later in August, Trump was booked and had his mugshot taken at Fulton County jail, which was run by Labat. Trump was already facing dozens of felony counts in three other criminal cases by the time he was charged in Georgia.

Persons: Donald Trump, Fani Willis, Sheriff Patrick Labat, Arthur Hanson, voicemails, Willis, Labat, Tanya Chutkan, Trump, Abigail Jo Shry, Jack Smith, Chutkan, Smith, Sheila Jackson Lee, Hanson, Joe Biden Organizations: Trump, Prosecutors, Labat Locations: Atlanta, Fulton County, Georgia, Huntsville , Alabama, Texas, U.S, Washington ,, Houston, Washington, Alvin , Texas

Telefonica and Liberty Global have been working with advisers on the sale of up to half of their combined 50% stake in Cornerstone. Vodafone (VOD.L) owns the rest of the business through its Frankfurt-based subsidiary Vantage Towers (VTWRn.H). Spokespeople for Telefonica, Liberty Global, Virgin Media O2 and GLIL declined to comment. Cornerstone, established in 2012, is Britain's largest tower company, managing more than 20,000 sites, according to the company's website. In recent years infrastructure and private equity investors have competed for slices in some of the largest tower deals, including Deutsche Telekom's sale of a majority stake in GD Towers, because of their stable cash yield and long-term contracts.

Persons: Phil Noble, Amy, Jo Crowley, Andres Gonzalez, Paul Sandle, Helen Popper Our Organizations: REUTERS, Virgin Media O2, Liberty Global, Telefonica, Cornerstone, Vodafone, Deutsche, GD, Thomson Locations: Blackpool, Britain, Frankfurt

Reuters could not establish whether Canaccord's interest in the business, known as Close Brothers Asset Management, is still live. Shares in Close Brothers closed 2.2% up on Thursday after initially jumping as much as 5% on the news. Royal Bank of Canada (RY.TO) acquired London-listed Brewin Dolphin last year in an effort to bulk up its international wealth management footprint. Bloomberg first reported Close Brothers' plans to offload its wealth management division in July. Canaccord has sought to grow its UK wealth management arm via acquisitions.

Persons: Goldman Sachs, David Esfandi, OTPP, 7IM, Canaccord, Pablo Mayo Cerqueiro, Amy, Jo Crowley, Anousha Sakoui, Jane Merriman, Jonathan Oatis Organizations: Reuters, Asset Management, Royal Bank of Canada, Bloomberg, HPS Investment Partners, Thomson Locations: Toronto, London

“It is truly crazy because I went to school to be an accountant,” Moroney tells The Associated Press. All roads lead to the career-making “Tennessee Orange," where Moroney, a Georgia Bulldog through and through, puts on University of Tennessee colors for a partner. It's a football love song, one about the concessions people make in the name of affection and intimacy — and the track that fast-tracked Moroney into the country spotlight. “It's, like, not a conventional love song,” she says. But yeah, I definitely don’t belong in Tennessee Orange as a Georgia Bulldog.”For that reason, she didn't expect “Tennessee Orange” to be her breakout hit.

Persons: Tennessee Orange ”, Megan Moroney, ” Moroney, Moroney, John Langston, Miranda Lambert, Chase Rice, ”, “, Sugarland's Kristian Bush, who'd, she'd, Lori McKenna, Luke Laird, Jessie Jo Dillon, Lucky ”, Johnny Cash, Carter, Johnny ”, I'm, Z Taylor Swift, It's, —, I’m Organizations: ANGELES, Tennessee Orange, University of Georgia, Associated Press, Georgia, Sad People, Southeastern Conference, SEC, Tennessee, Georgia Bulldog, University of Tennessee, “ Tennessee Orange Locations: Nashville, Georgia, Tennessee Orange

More than 20 countries have called for a ban or moratorium on deep-sea mining ahead of Monday's opening of a nearly two-week meeting of the U.N. International Seabed Authority’s council. Companies including Samsung and BMW also have pledged to avoid using minerals mined from the deep sea. “Sea mining is one of the key environmental issues of our time, and this is because the deep sea is among the last pristine areas of our planet,” said Sofia Tsenikli, from the Deep Sea Conservation Coalition, a Netherlands-based alliance of environmental groups. But scientists and environmental groups argue that less than 1% of the world’s deep seas have been explored, and they warn that deep sea mining could unleash noise, light and suffocating dust storms. The International Seabed Authority, which is tasked with regulating deep international waters, has issued more than 30 exploration licenses.

Persons: ”, Sofia Tsenikli, Bobbi, Jo Dobush, Emma Wilson, ” Wilson Organizations: JUAN, —, Wednesday, Companies, Samsung, BMW, Conservation Coalition, International Energy Agency, The Ocean Foundation, Authority, China, Clarion, Associated Press, ISA Locations: Puerto Rico, Jamaica, Netherlands, U.S, Hawaii, Mexico

☆ Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds
▼ + stars: | 2023-10-25 | by ( Jo Becker | More About Jo Becker | ) www.nytimes.com time to read: +1 min

Only then would the principal come due. But despite the favorable nature of the 1999 loan and a lengthy extension to make good on his obligations, Justice Thomas failed to repay a “significant portion” — or perhaps any — of the $267,230 principal, according to a new report by Democratic members of the Senate Finance Committee. Nearly nine years later, after Justice Thomas had made an unclear number of the interest payments, the outstanding debt was forgiven, an outcome with ethical and potential tax consequences for the justice. “This was, in short, a sweetheart deal” that made no logical sense from a business perspective, Michael Hamersley, a tax lawyer who has served as a congressional expert witness, told The New York Times. The Senate inquiry was prompted by a Times investigation published in August that revealed that Justice Thomas bought his Prevost Marathon Le Mirage XL, a brand favored by touring rock bands and the super-wealthy, with financing from Anthony Welters, a longtime friend who made his fortune in the health care industry.

Persons: Clarence Thomas, Thomas, Justice Thomas, ”, Michael Hamersley, Anthony Welters Organizations: Democratic, Senate Finance, New York Times, Times

☆ How Philip Roth’s Raunchiest Novel Made It to the Stage
▼ + stars: | 2023-10-25 | by ( Marc Tracy | More About Marc Tracy | ) www.nytimes.com time to read: +2 min

The production, directed by Jo Bonney, leans into the novel’s frank depictions of unbounded lust, gleeful disloyalty and bodily functions. Yet the story’s undertones of grief also attracted Turturro and Levy. Turturro read Roth’s memoir of his father’s death, “Patrimony: A True Story,” after his own father died and identified profoundly with it. Enacting the novel’s fragmented nature by jumping back and forth in time was crucial to its dramatic success, she added. “When you’re just writing, all you have is words, words, words, words, words,” Levy said.

Persons: Jo Bonney, Turturro, Levy, ”, ” Levy, “, John, Sabbath’s, Nikki, Mickey’s, ” Bonney, “ We’re, you’re Organizations: National Theater Locations: London

About five teams around Europe including Ineos Grenadiers are involved in the early-stage talks and more could join, the people said. Tour de France champion Jonas Vingegaard’s Jumbo-Visma team is also involved in the talks, one of them said. Amaury Sports Organisation (ASO) controls the Tour de France and La Vuelta while the Giro d'Italia is controlled by RCS Sports. This is not the first time cycling teams have explored a new cycling league project. Eight teams founded a league project called World Series Cycling (WSC) at the end of 2012 but the plans failed to materialise.

Persons: Jonas Vingegaard’s Jumbo, Spokespeople, EY, Amy, Jo Crowley, Anousha Sakoui, Julien Pretot, Andres Gonzalez, Elisa Martinuzzi, Hugh Lawson Organizations: Reuters, Ineos Grenadiers, de France, Partners, Formula, Tour de France, La Vuelta, Amaury Sports Organisation, La, RCS Sports, Thomson Locations: Europe

CNN —A Hamas spokesman is reportedly among more than 60 members of the militant organization that Israel arrested in overnight raids across the West Bank, the Israeli-occupied Palestinian territory that is increasingly feeling the impact of the fighting in Gaza. Hassan Yousef, a leading Palestinian political figure who served as the official Hamas spokesperson in the West Bank, was arrested in his home, according to the Palestinian Prisoners Club, an NGO representing Palestinian detainees. “Occupation forces arrested Hamas leader Sheikh Hassan Yousef from his home in Beitunia, as part of a wide-scale arrest campaign in the occupation (sic) West Bank,” the Palestinian Prisoners Club statement reads. Three Palestinians were shot dead in clashes with Israeli forces in the occupied West Bank on Thursday, according to the Palestinian Authority’s Ministry of Health. Israel views the West Bank as “disputed territory,” and contends its settlement policy is legal.

Persons: CNN —, Israel, Hassan Yousef, Sheikh Hassan Yousef, Yousef, Hassan Yousef’s, ”, Mustafa Barghouti, ” Barghouti, “ They’re, they’re, They’re Organizations: CNN, West Bank, Palestinian Prisoners Club, Bank, Palestinian, Israel Defense Forces, Palestinian Prisoners, Palestinian National Initiative, Hamas, Palestinian Authority’s Ministry of Health Locations: Gaza, Beitunia, Jerusalem, Globe, Judea, Samaria, Israel, Jordan

LONDON/ZURICH, Oct 13 (Reuters) - Switzerland's SoftwareOne Holding (SWON.S), which helps companies manage software purchases from vendors such as Microsoft, Adobe and IBM, received non-binding bids this week from private equity firms Bain Capital and Apax Partners, said two people familiar with the situation. The Swiss software manager has been holding management presentations this month as part of a strategic review run by JPMorgan, a third person said. Non-binding bids were due on Oct. 11 and at least four parties submitted proposals, one of the people said. SoftwareOne declined to comment. ($1 = 0.9050 Swiss francs)($1 = 0.9014 Swiss francs)Reporting by Amy-Jo Crawley, Oliver Hirt and Anousha Sakoui; Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: SoftwareOne, Amy, Jo Crawley, Oliver Hirt, Louise Heavens Organizations: Microsoft, Adobe, IBM, Bain Capital, Apax Partners, JPMorgan, Thomson Locations: ZURICH, Swiss

☆ Deutsche Bank completes takeover of UK broker Numis
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +1 min

The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File photo Acquire Licensing RightsLONDON, Oct 13 (Reuters) - Deutsche Bank (DBKGn.DE) has completed its takeover of Numis (NUM.L), a London-based boutique investment bank, expanding its links with UK corporate clients, the German bank said on Friday. The combined business, Deutsche Numis, will oversee more than 170 corporate broking relationships and provide advisor, corporate broking, and equity capital markets services, the bank said. Fabrizio Campelli, who oversees Deutsche's investment bank, said the deal would expand the bank's reach into Europe's largest investment banking market. Deutsche Bank announced in April it had agreed to buy Numis for 410 million pounds ($500 million).

Persons: Ralph Orlowski, Alex Ham, Ross Mitchinson, Fabrizio Campelli, Amy, Jo Crowley, Iain Withers Organizations: Germany's Deutsche Bank, REUTERS, Deutsche Bank, Numis, Deutsche Numis, Thomson Locations: Frankfurt, Germany, London

LONDON/FRANKFURT, Oct 12(Reuters) - Brooks Macdonald (BRK.L) is working with a defence adviser on its strategy amid takeover interest, three people familiar with the matter told Reuters. Raymond James has had a longer-term mandate for financial advice which recently developed into defence strategy, one of the people said. Brooks Macdonald and Raymond James declined to comment. Shares in Brooks Macdonald have dipped since peaking in late 2021 as market conditions soured. Britain's fragmented wealth management industry has seen increased consolidation in recent years driven by both private equity and strategic players.

Persons: Brooks Macdonald, Raymond James, Charles Stanley, Brewin, Andrew Shepherd, Pablo Mayo Cerqueiro, Victoria Farr, Amy, Jo Crowley, Anousha Sakoui, Kirsten Donovan Organizations: Reuters, Thomson Locations: FRANKFURT, British, London, Emma

WASHINGTON (AP) — Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices. About 71 million people — including retirees, disabled people and children — receive Social Security benefits. The maximum amount of earnings subject to Social Security payroll taxes will be $168,600 for 2024, up from $160,200 for 2023. There have been legislative proposals to shore up Social Security, but they have not made it past committee hearings. A March poll by The Associated Press-NORC Center for Public Affairs Research found that most U.S. adults are opposed to proposals that would cut into Medicare or Social Security benefits, and 79% of people polled said they oppose reducing the size of Social Security benefits.

Persons: ”, Kilolo Kijakazi, —, Jo Ann Jenkins, “, Nancy Altman, Kevin McCarthy, Alfred Mason, Mason Organizations: WASHINGTON, Social, Social Security Administration, AARP, Social Security, Security, The Associated Press, NORC, for Public Affairs Research, Bureau of Labor Statistics ’, CPI Locations: Louisiana

☆ The Empowered Investor
▼ + stars: | 2023-10-12 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Empowered InvestorAccording to recent statistics, 40% of angel investors are women. Combine this with a rising number of women-led startups, and the opportunities for investing by, and in, women are on the rise. Golden Seeds Co-Chief Executive Officer & Managing Partner, Jo Ann Corkran, and Laffer Tengler Investments CEO & CIO, Nancy Tengler, share how advisors can better position clients to take advantage of this growing women-led market opportunity.

Persons: Jo Ann Corkran, Nancy Tengler Organizations: Golden, Tengler

☆ Social Security cost-of-living adjustment will be 3.2% in 2024, well below this year's record-setting increase
▼ + stars: | 2023-10-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Jozef Polc / 500Px | 500Px Plus | Getty ImagesSocial Security beneficiaries will see a 3.2% boost to their benefits in 2024, the Social Security Administration announced on Thursday. The annual cost-of-living adjustment for 2024 will affect more than 71 million Social Security and Supplemental Security Income beneficiaries. Typically, Medicare Part B premium payments are deducted from Social Security checks. How the 2024 COLA comparesThe 2024 benefit increase is much lower than record 8.7% cost-of-living adjustment Social Security beneficiaries saw this year, the biggest boost in four decades in response to record high inflation. Older Americans 'still feeling the sting' of inflationThe 2024 adjustment comes as many retirees are still struggling with higher prices.

Persons: Jozef Polc, Jo Ann Jenkins, Jenkins, Tracey Gronniger, Gronniger Organizations: Social, Social Security Administration, Social Security, Senior Citizens League, Consumer, Urban, Clerical Workers, AARP, Justice, COLA, Security

Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings. For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a report by Jeffrey E. Sohl at the Center for Venture Research at the University of New Hampshire. This is "an encouraging sign that women angels are an increasing active segment in the angel market," especially as women are predicted to control the majority of the net worth in the U.S., the report said. If you have the money and inclination, angel investing is "a window to innovation across the economy," Jo Ann Corkran, co-CEO and managing partner of Golden Seeds, said Thursday at CNBC's Financial Advisor Summit. It doesn't depend on the market cycle and innovation is always happening, she added.

Persons: Jeffrey E, Sohl, Jo Ann Corkran Organizations: Center for Venture Research, University of New, Golden, CNBC's Financial Locations: University of New Hampshire, U.S

☆ The Afrobeats star on a mission to raise the profile of African art
▼ + stars: | 2023-10-11 | by ( Natty Kasambala | ) edition.cnn.com time to read: +7 min

London CNN —It was a painting in the lobby of a Benin hotel last year that changed the way Afrobeats star Mr Eazi thought about art. The works will also be exhibited in galleries internationally — in Accra, Lagos, London (where they will be displayed as part of a “listening experience” the 1-54 Contemporary African Art Fair between October 12—15) and in New York. “One of the most exciting things for me is that art represents an opportunity to discover people without a pre-bias… it’s exerting soft power,” said Mr Eazi. “It’s an ecosystem,” Mr Eazi summarises. “African music should be in African film and African art with African music… That’s culture, that’s the flood.

Persons: Eazi, “, …, Oluwole, ”, Patricorel, Eazi —, —, Eazi’s, Tammy Sinclair's, OLÚWA, Tammy Sinclair, I’m, ” Eazi, don’t, Sinclair, “ Mandela, Foli, Mr Eazi, Mr Eazi’s, ” Tesprit, undiluted Organizations: London CNN, CNN, Fair, Banku, US, Alpha Locations: Benin, Accra, Lagos, London, New York, Ghana, Nigeria, Rwanda, Zimbabwe, South Africa, Togo, Cameroon, Senegal, Kenya, Ghanaian, Kenyan, Togolese, Togo’s, Lomé, Cape Town , South Africa, ”

But she isn’t certain that it will be enough, even with her Social Security benefits. Charles Blahous, a former Social Security trustee, said the annual COLA announcement is a reminder about the program's stressed finances. Mary Johnson, Social Security and Medicare policy analyst at the Senior Citizens League, says her organization supports the Social Security Administration using whichever index is higher to best protect older people from inflation. The maximum amount of earnings subject to Social Security payroll taxes for 2023 is $160,200, up from $147,000 in 2022. There have been legislative proposals to shore up Social Security, but they have not made it past committee hearings.

Persons: Karla Abbott, she’s, Charles Blahous, Mary Johnson, Kevin McCarthy, Abbott, Alfred Mason, Mason, Jo Ann Jenkins, ” Johnson, “, ” Organizations: WASHINGTON, Social Security, Bureau of Labor Statistics, Senior Citizens League, Social Security Administration, Security, Social, AARP, Senior Citizens Locations: Sioux Falls , South Dakota, Washington, Louisiana

☆ Shattered windows. Dwindling power. Little sleep. How journalists in Gaza are reporting on the war in their own backyard
▼ + stars: | 2023-10-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

Inside the Gaza Strip, a narrow sliver of the world that even in ordinary times poses logistical challenges for journalists, security conditions have quickly deteriorated. Chronicling it all from ground zero are the few journalists located inside Gaza, providing the world with a critical first-hand account of the deteriorating humanitarian reality. The French international wire service, Agence France-Presse, is one of the few news organizations to operate a full-fledged bureau inside Gaza. It was right next to the camera,” Biddle said, adding that the outlet’s camera is located on the terrace of its bureau. So the situation is pretty scary.”Biddle described the challenges her staff of nine Palestinian journalists inside Gaza are facing.

Persons: Jo Biddle, ” Biddle, Biddle, it’s, They’re, ”, they’re, “ Organizations: CNN, Hamas, French, Agence France, AFP Locations: Israel, Gaza, Gaza City, East, North Africa, AFP

[1/2] Chairman Anthony Thomson (L) and Vice Chairman Vernon Hill pose with a dog outside the first branch of Metro Bank in Holborn in central London July 29, 2010. Metro declined to comment on Tuesday. A Starling spokesperson said the lender was making inroads into the big banks' market dominance. Metro is not the only smaller bank to have faced problems. One option is for smaller banks to gain scale through mergers and acquisitions.

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Jaime Gilinski, Dorita, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Alexander Smith Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, Starling, Metro, Colombian

Persons: Anthony Thomson, Vernon Hill, Toby Melville, John Cronin, Caius Capital, Jaime Gilinski, Dorita, Gilinski, Monzo, Starling, We've, Morgan Stanley, Gary Greenwood, Rupak Ghose, Shore Capital's Greenwood, Ghose, Shawbrook, Iain Withers, Pablo Mayo Cerqueiro, Anousha Sakoui, Huw Jones, Amy, Jo Crowley, Sinead Cruise, Chiara Elisei, Nelson Bocanegra, Alexander Smith, Jonathan Oatis Organizations: Metro Bank, REUTERS, Yorkshire, Lloyds, NatWest, HSBC, Barclays, Metro, Caius, Varde Partners, Harvard, Forbes, Finance, Bank of England, London Stock Exchange, The Bank of England, Prudential, Authority, Shore Capital, Reuters Graphics Reuters, Shore, Financial, Bank, Reuters, Thomson Locations: Holborn, London, BOGOTA, Starling, Colombian, Latin America, Metro, Bogota

Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing RightsLONDON, Oct 8 (Reuters) - British specialist lender Shawbrook made an offer for rival Co-op Bank and is weighing a fresh bid for embattled Metro Bank (MTRO.L), people familiar with the matter told Reuters on Sunday. Separately, Shawbrook is considering a potential new bid for London-listed Metro Bank after several failed approaches earlier in the year, the sources said. Shawbrook, Pollen Street and Co-op Bank declined to comment. Britain's Prudential Regulation Authority (PRA) is sounding out buyers over the weekend in hopes of finding a solution for ailing Metro Bank before markets open on Monday morning.

Persons: Hannah McKay, Shawbrook, Pablo Mayo Cerqueiro, Amy, Jo Crowley, Iain Whithers, Ros Russell Organizations: Metro Bank, REUTERS, Bank, Reuters, BC Partners, Pollen, London, Partners, Prudential, Authority, Thomson Locations: London, Britain, British

☆ Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums
▼ + stars: | 2023-10-08 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementSome Floridians are leaving their coastal homes due to the risk of extreme weather events and increasing insurance premiums —but they aren't going too far. They were happy to move far away from not only the risk of extreme weather events, but also the rising insurance premiums tied to coastal communities. Ocala, Florida John Coletti/Getty ImagesOf course, Ocala is not completely immune to hurricanes, as the Journal noted 2017's Hurricane Irma caused some power outages and flooding. Ocala, Florida Michael Warren/Getty ImagesThe average insurance premiums for Florida residents has tripled in the past five years, according to Insurance Information Institute data collected by the Journal. Danny Collins, who lives in Hobe Sound, Florida, just north of West Palm Beach, previously told Insider his mortgage jumped $1,000 under new insurance premiums.

Persons: —, Courtney Moody, Moody, it's, she's, Ocala , Florida John Coletti, Irma, Jo Anne, Ed Lewis, Bonita Springs . Ocala , Florida Michael Warren, Danny Collins, Bob Stephens Organizations: Ocala, Alpha, Service, Wall Street, Ocala Police Department, Getty, Florida, Insurance, Journal, Farmers Group, West Palm Beach, Dade Locations: Florida, South Florida, Ocala, Orlando, Sunshine, Miami, Ocala , Florida, Bonita Springs, Bonita Springs . Ocala , Florida, Hobe Sound, West Palm, Marathon . Ocala, Marion, Dade County, that's

Shawbrook is considering a potential new bid for London-listed Metro Bank after several failed approaches earlier in the year, people familiar with the matter also told Reuters. Metro Bank, Lloyds and Santander did not immediately respond to a request for comment. Metro Bank has seen its shares tumble after news emerged that it had hired advisers to shore up its balance sheet after failing to gain key capital relief from banking regulators. Metro Bank said on Thursday its options included a combination of equity and debt issuance, as well as refinancing and asset sales. While Metro Bank's customer deposits, like those of other UK banks, are backed by a government guarantee up to 85,000 pounds, the regulator is keen for concerns not to spread.

Persons: Shawbrook, Robey Warshaw, Elisa Martinuzzi, Pablo Mayo Cerquerio, Iain Withers, Amy, Jo Crowley, Bernadette Baum, Ros Russell Organizations: Prudential, Authority, Metro Bank, HSBC, Lloyds, London, Reuters, The Financial Times, JPMorgan, Metro, Sky News, Santander, Shawbrook, Thomson

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