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☆ Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.
▼ + stars: | 2024-04-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.

Persons: —, Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ Princess Diana’s first-ever job contract up for auction
▼ + stars: | 2024-04-24 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

London CNN —A work contract signed by Diana Spencer two years before she married the then-Prince of Wales is expected to fetch thousands of dollars at auction. The document was filled out in black ink by the young woman who would go on to become world famous as Princess Diana. The job contract, believed to be Princess Diana’s first, was filled out when she was just 17. The document, which is expected to sell for up to $10,000, is thought to be the late princess’ first official work contract. This contract is one of the last remaining snapshots of Diana’s life before she was thrust into the spotlight.

Persons: Diana Spencer, Prince of, Diana, Diana’s, Auctioneum, nannies, Mary Cook, Cook, Andrew Stowe, ”, ’, Stowe, “, ” Stowe, Wales, It’s Organizations: London CNN, CNN, CNN’s Royal Locations: Prince of Wales, London, ”, Paris, Kensington

To submit a life insurance claim, however, you'll need to know which life insurance company holds the person's policy. NAIC's Life Insurance Policy Locator ServiceIf you don't know the insurance company your deceased loved one has a policy with, the NAIC's Life Insurance Policy Locator Service can help with your search. What to do once you find a life insurance policyFiling a claimOnce you've identified the insurance company and retrieved the deceased's policy information, follow these steps to claim a found life insurance policy:Contact the insurance company: The insurer will provide the claims form and instructions. The closest living relative (e.g., spouse or child)The policy's beneficiaryEstate executors and TrusteesFinding life insurance policy frequently asked questionsHow can I determine what type of life insurance policy I need? Only the beneficiaries named in the policy or their legal representatives have the right to file a claim on a life insurance policy.

Persons: you've, Policygenius Organizations: National Association of Insurance, Social, National Association, Insurance, Financial

German national Jian G, who worked for AfD MEP Maximilian Krah, was arrested by Saxony State criminal police in Dresden and had his residences searched, the prosecutor’s office said early Tuesday. The aide was later suspended by the European Parliament, a spokesman for the body told CNN. Prosecutors said he passed on information about “negotiations and decisions in the European Parliament” to China in January. The far-right AfD party has nine seats in the European Parliament, and is competing alongside Germany’s traditional parties in the European elections in June. The Federal Prosecutor’s Office said the homes and workplace of the trio were searched in Düsseldorf and Bad Homburg.

Persons: Jian G, Maximilian Krah, ”, Jens Schlueter, Jian, “, Krah, Nancy Faeser, Thomas R, – Herwig, Ina F, –, Wang Wenbin Organizations: CNN, Prosecutors, International Trade, Security, Defence, Foreign Trade, Federal Prosecutor’s Office, Ministry of State Security, ” Ministry of Foreign Affairs, Crown Prosecution Service Locations: China, Europe, Saxony, Dresden, Germany, United States, Bad Homburg

☆ King Charles has met 10 US presidents. Photos show their relationships through the years.
▼ + stars: | 2024-04-21 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

King Charles III has met 10 US presidents, from Dwight Eisenhower to Joe Biden. Richard Nixon tried to set Charles up with his daughter Tricia, and he grew close to Nancy Reagan. Donald Trump was skeptical of Charles' environmental work, while Biden joins his climate meetings. Her son and successor, King Charles III, has met 10. Photos show how Charles' relationships with US presidents have developed and changed through the years.

Persons: King Charles III, Dwight Eisenhower, Joe Biden, Richard Nixon, Charles, Tricia, Nancy Reagan, Donald Trump, Biden, —, Queen Elizabeth II Organizations: Service

☆ Canada’s gold heist: Inside one of the biggest thefts in the annals of crime
▼ + stars: | 2024-04-20 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +13 min

“One which we jokingly say belongs in a Netflix series.”A truck driver with a fraudulent waybill for a seafood shipment picks up the container. Instead of a load of farm-raised seafood, the truck driver pulled away from the loading dock with loot. “They needed people inside Air Canada to facilitate this theft,” Peel Regional Police Det. In its legal response to the Brink’s lawsuit, Air Canada has denied it was “careless” and its security lax. Canadian police had identified him as the truck driver early in the investigation but had not been able to locate him.

Persons: ”, Nishan Duraiappah, Nando Iannicca, Canada “, ” Duraiappah, ’ ” Patrick Brown, –, Mike Mavity, Mavity, couldn’t, “ We’re, ” Mavity, “, it’s, Brink’s, Eric, “ They’re, Nick Milinovich, Duraiappah, CNN’s Paula Newton, Fabiana Chaparro Organizations: CNN, Toronto Pearson International, Air Canada, ” Peel Regional Police, Netflix, Peel Regional Police, Peel, Canadian, CSI, Vancouver Bullion & Currency Exchange, Air, Police, ” Air Canada, Authorities, Alcohol, Tobacco, Firearms, Explosives, ” Police, Investigators, Court, Middle, Middle District of Pennsylvania, ” Peel Locations: Zurich, Switzerland, Canada, Pennsylvania, Florida, Georgia, Brampton, Toronto, Air Canada, United Kingdom, Dubai, India, Franklin County , Pennsylvania, Philadelphia, Middle District, Atlanta

☆ Lawsuit Puts Fresh Focus on Eric Hovde’s Comments About Older Voters
▼ + stars: | 2024-04-20 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

Eric Hovde, the Republican banking executive challenging Senator Tammy Baldwin in Wisconsin, may be developing a problem with older voters. The bank he leads, Utah-based Sunwest, last month was named as a co-defendant in a California lawsuit that accuses a senior living facility partly owned by the bank of elder abuse, negligence and wrongful death. Mr. Hovde’s campaign called the suit meritless and said it was farcical to hold the chairman and chief executive of a bank responsible for the actions of a business that it seized in a foreclosure in 2021. Whatever its merits, the suit might have been largely irrelevant to Mr. Hovde’s political campaign had he himself not boasted recently of having gained expertise in the nursing home industry as a lender to such residences. In comments this month in which he suggested there had been irregularities in the 2020 election, Mr. Hovde drew on that experience to say that residents of nursing homes “have a five-, six-month life expectancy” and that “almost nobody in a nursing home is at a point to vote.” Those remarks were quickly condemned by Democrats in Wisconsin and by the former Milwaukee Bucks star Kareem Abdul-Jabbar.

Persons: Eric Hovde, Tammy Baldwin, Hovde’s, Hovde, Kareem Abdul, Jabbar Organizations: Republican, Milwaukee Bucks Locations: Wisconsin, Utah, California

☆ How a millennial Lyft driver used the gig to travel to all 50 states, launch a food blog, and get started on a book
▼ + stars: | 2024-04-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Kreskin J. Torres, a Lyft driver, has traveled across all 50 states, documenting his dining experiences. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKreskin J. Torres, 35, has eaten his way through all 50 states — including Alaska and Hawaii. Learning the most profitable places and times to driveTorres noticed he would get more profitable rides driving around suburbs, airports, and sports stadiums, locations coveted by drivers as they get more tips and sometimes elevated fares. He learned New Year's will always be profitable, though rides slow down around February before picking up in mid-March.

Persons: Kreskin J, Torres, —, Kreskin, Foodie, he's, I've, what's, that's Torres, Uber, huckleberry swirls, Xing Xing, Year's, It's, He's Organizations: Service, Army, Baltimore, Wichita ., Uber, Android, Apple Locations: Alaska, Hawaii, Minneapolis, San Antonio, Austin, tacos, Arizona, Arkansas, Montana, Jackson , Mississippi, Holcomb , Missouri, Wichita

☆ 'Mary & George': the Scandalous True Story Behind the Starz Series
▼ + stars: | 2024-04-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +8 min

"Mary & George" takes viewers inside the raucous 17th century court of Britain's King James I. AdvertisementNicholas Galitzine as George Villiers in "Mary & George." Tony Curran as King James and Nicholas Galitzine as George Villiers in "Mary & George." Nicholas Galitzine as George Villiers in "Mary & George." "Mary & George" is released weekly on Fridays at midnight on the Starz app and the Starz linear channel at 9 p.m. ET/PT.

Persons: Mary, George, Britain's King James I, —, Long, Kris Kardashian, Mary Villiers, Julianne Moore, Nicholas Galitzine, Tony Curran, Countess, Duke of Buckingham, Benjamin Woolley's, James I, England's James I, Scotland's James VI, George Villiers, Mary Villiers's, Sir George Villiers, Moore, what's, James, Robert Carr, Earl of Somerset, Laurie Davidson, King James, Carr, Alan Stewart, King James I, Marquess of Buckingham, George Villiers's, George reminisced, King James Until James, Katherine Manners, Earl of Rutland, Katherine, Starz Mary, Woolley, poultices, King Charles I, Charles Organizations: Service, Starz, Royal, Farnham, BBC, Smithsonian Magazine Locations: France, England, Scottish, London, Surrey, Britain

☆ The rich are getting second passports, citing risk of instability
▼ + stars: | 2024-04-10 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.

Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S

☆ It pays to leave Congress: Democrat who resigned mid-term is getting a $131,000 pay bump to run a performing arts center
▼ + stars: | 2024-04-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewAt the beginning of February, Rep. Brian Higgins officially resigned from Congress to take a job as the president of a local performing arts center. It was a curious move for the New York Democrat, who had served in the House for 19 years. This story is available exclusively to Business Insider subscribers. Just weeks later, Higgins was named president and CEO of Shea's Performing Arts Center, which includes a historic theatre first built in 1926. And it makes it more difficult for potential candidates who aren't independently wealthy to run for Congress in the first place.

Persons: —, Brian Higgins, Higgins, Kevin McCarthy's, That's, Daniel Schuman, Alexandria Ocasio, Cortez Organizations: Service, New York Democrat, Democrats, Business, Shea's Performing Arts Center, POPVOX Foundation, Democratic, Cortez of New York Locations: Washington, Shea's, Buffalo, Alexandria, Cortez of New

☆ It took an Austin developer 4 years to build 4 small homes that he made no money on as the city struggles to bridge the gap between tiny apartments and pricy houses
▼ + stars: | 2024-04-06 | by ( Eliza Relman | ) www.businessinsider.com time to read: +11 min

AdvertisementFor decades, the city's restrictive zoning and land-use policies have made missing-middle housing almost impossible to build. But there aren't many options, particularly for homeownership, between mostly high-end apartments and prohibitively expensive single-family homes. But he's concerned the law won't do enough to shorten the permitting process for missing-middle housing construction. The HOME Act will encourage the construction of smaller single-family homes and promote density, making housing — particularly homeownership — more affordable. Turner just wants the city to "level the playing field" for developers who are willing to build missing-middle housing.

Persons: —, Scott Turner, Turner, Austin's, Austin, Eliza Relman, that's, he's, Brennan Griffin, Joe Sohm, Brandon Bell, Greg Anderson, Anderson, there's, It's, Nicole Nabulsi Nosek, I've, townhomes Organizations: Service, Business, Riverside Homes, Austin, Austin Business, Texas, HOME, Austin Habitat, Humanity, Texans, Reasonable, Democrats Locations: Austin, Austin , Texas, Texas, Manor, Georgetown, City Hall

☆ King Charles is opening up Balmoral Castle for the first time
▼ + stars: | 2024-04-05 | by ( Billy Stockwell | ) edition.cnn.com time to read: +5 min

Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. CNN —King Charles III is opening the doors of Balmoral Castle this summer for the most intimate tours ever permitted around the British royal family’s much-loved private Scottish home. The original property was deemed too small for the royal family so another, more substantial, castle had to be built just 100 yards away. Queen Elizabeth II in the Drawing Room at Balmoral Castle on September 6, 2022 in Aberdeen, Scotland. “It’s a lovely base for granny and grandpa to be for us to come and see them.”A general view of Balmoral Castle, the Scottish residence of the royal family since 1852.

Persons: CNN — King Charles III, Prince Albert, Queen Victoria, King, Queen Elizabeth II, Jane Barlow, Charles, Queen Camilla, There’s, Prince William, Prince Harry, Diana, Princess of Wales, ” Princess Eugenie, “, ”, Andrew Milligan, Jill O’Brien, ” Charles, Camilla Organizations: CNN’s Royal, CNN, Scottish, ITV Locations: Balmoral, Scotland’s, Scottish, Buckingham, Windsor, Sandringham, Holyroodhouse, Edinburgh, Aberdeen, Scotland, Highgrove, Balmoral Castle

☆ Latino immigrant workers died on the Baltimore bridge. More will likely rebuild it
▼ + stars: | 2024-04-04 | by ( Ramishah Maruf | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

More than two-thirds of Hispanic construction workers in America are foreign born. Working without a safety netFor the workers paid to rebuild the bridge, the job will be grueling — and dangerous. CNNWork-related deaths among foreign-born Hispanic or Latino workers rose to their highest level in 2021, according to the most recent Bureau of Labor Statistics data. Fourteen percent of all work-related fatalities in 2021 were foreign-born Hispanic or Latino workers, and most of them worked in construction. The agency’s reports also “consistently show” that Latino and/or immigrant workers are less likely to report employer health and safety violations.

Persons: Francis Scott Key, We’re, It’s, Reinaldo Quintero, “, Carlos Hernández, Miguel Luna, Yassir Suazo Sandoval, Jose Mynor Lopez, Dorlian Castillo Cabrera, ”, Saket Soni, Alejandro Hernandez Fuentes, Soni, ” Quintero, ’ ”, Sean McGarvey, Ligia Guallpa, Quintero, Hurricane Michael, Reinaldo Quintero “, ” Guallpa, Guallpa, Hurricane, Dave Einsel, ” Soni, Ron DeSantis ’, Fort Organizations: New, New York CNN, Bureau of Labor Statistics, CNN, Key, CNN Construction, Resilience Force, Force, of Labor Statistics, New York Committee, Occupational Safety, Health, York, New York State Department of Labor, Workers, North, Unions, Worker’s, Hurricane, Panama City, Safety, Health Administration, Historic New, New York Times, Gov Locations: New York, America, Louisiana, Hurricane, Florida, Mexico, Guatemala, El Salvador, Honduras, United States, New York City, North America’s, Canada, Venezuela, Panama, Baltimore, New Orleans, Texas, North Carolina, Historic New Orleans, Fort Meyers

☆ Sean ‘Diddy’ Combs: The ups and downs of a ‘bad boy’ turned businessman
▼ + stars: | 2024-03-27 | by ( Lisa Respers France | ) edition.cnn.com time to read: +9 min

CNN —Sean “Diddy” Combs once traced his success back to a pair of shoes. With his legacy in question, this particular chapter of the story of Sean “Diddy” Combs is currently punctuated more by an ellipsis than a period. Jessie James Combs, Chance Combs, Diddy, D'Lila Combs and Justin Dior Combs attend in September of 2023. Members of law enforcement are seen outside of Sean "Diddy" Combs' home in Los Angeles on Monday. He was briefly stopped by law enforcement and subsequently releasedThe source would not reveal Combs’ vacation destination or current whereabouts.

Persons: Sean “ Diddy ” Combs, ”, Combs, he’s, Puffy, Diddy, Love, Christopher Wallace, B.I.G, Wallace, Chance ”, Sean Combs, “, Faith Evans, ” Combs, Wendy Williams, Wallace’s, Justin, Misa Hylton, Kim Porter, Christian, Twin, Jessie James, Jessie James Combs, Chance Combs, D'Lila Combs, Justin Dior Combs, Jason Kempin, Chance, Sarah Chapman, Dana Tran, Sean Jean, — Combs, wasn’t, Sean John, Sean John’s, Sean, Shannon Stapleton, “ Sean Combs, Cassie Ventura, ” Aaron Dyer, ” Dyer, Mary J, Blige, MGK, Janelle Monáe, CNN’s John Miller, Elizabeth Wolfe, Eric Levenson, Denise Royal, Elizabeth Wagmeister, Carlos Suarez Organizations: CNN, Department of Homeland Security, Bad Boy Records, Ciroc, Global Brands Group, Diageo PLC, Reuters, Diageo, Bad Boy Entertainment, Miami Locations: Manhattan, Quincy, Los Angeles, Miami

☆ Diddy's lawyer issues statement after DHS raid maintaining the rapper's innocence
▼ + stars: | 2024-03-26 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Aaron Dyer, Combs' attorney, in a statement sent to Business Insider, maintained Combs' innocence and said the search conducted on his properties was "a gross overuse of military-level force as search warrants were executed at Mr. Combs' residences." This story is available exclusively to Business Insider subscribers. "Mr. Combs was never detained but spoke to and cooperated with authorities. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way." Mr. Combs is innocent and will continue to fight every single day to clear his name."

Persons: —, Sean, Diddy, Combs, Aaron Dyer, Mr, HSI, Cassandra, Cassie, Ventura Organizations: Service, Department of Homeland Security, Business, Associated Press, Los Angeles Times, Security Investigations, Ventura Locations: Los Angeles, Miami, New York, HSI Los, HSI Miami

☆ Sean ‘Diddy’ Combs is target of investigation carried out by Homeland Security team that specializes in human trafficking, source says
▼ + stars: | 2024-03-26 | by ( John Miller | Elizabeth Wolfe | Federal Authorities Swarmed Diddy S Homes | ) edition.cnn.com time to read: +5 min

CNN —Homes belonging to Sean “Diddy” Combs were searched by authorities Monday because he is a target of a federal investigation carried out by a Department of Homeland Security team that handles human trafficking crimes, according to a senior federal law enforcement official briefed on the investigation. Agents were authorized to search for documents, phones, computers and other electronic devices that hold data or videos, the second law enforcement source said. A law enforcement source earlier told CNN that Monday’s searches were related to an ongoing sex trafficking investigation. Law enforcement officers ride a vehicle near a property belonging to Sean "Diddy" Combs on Monday in Los Angeles. At least one armored law enforcement vehicle was seen arriving at the Los Angeles property, and agents were processing paperwork on card tables outside the Miami-area home.

Persons: Sean “ Diddy ” Combs, Combs, HSI, “, ” Combs, Sean, Diddy, Eric Thayer, Casandra “ Cassie ” Ventura, ” Ben Brafman, Mr, Ventura, ” Weeks, ”, videographer Rodney “, Rod ” Jones, Jones, Shawn Holley, Department of Homeland Security’s, –, CNN’s Josh Campbell, Holmes Lybrand, Elizabeth Wagmeister, Carlos Suarez Organizations: CNN, Homes, Department of Homeland Security, Southern, of, Miami, Star Island, Mobile, Star, Homeland Security, HSI –, Department of Homeland Locations: of New York, New York, Los Angeles, Miami, New York’s, Star

Federal agents from the Department of Homeland Security on Monday raided homes in the Los Angeles area and Miami that a person with knowledge of the case said were connected to Sean Combs, the hip-hop mogul who has been accused of sexual assault and sex trafficking in multiple civil lawsuits over the last several months. In a statement on Monday, in response to questions about news reports of a raid on Mr. Combs’s residences, Homeland Security Investigations said: “Earlier today, Homeland Security Investigations (HSI) New York executed law enforcement actions as part of an ongoing investigation, with assistance from HSI Los Angeles, HSI Miami and our local law enforcement partners. We will provide further information as it becomes available.”A spokesperson for Mr. Combs did not respond to a request for comment. The criminal inquiry was being conducted by federal prosecutors in the Southern District of New York and federal agents with Homeland Security Investigations, a law-enforcement official said. Video from Fox 11 (KTTV), a local television news station in Los Angeles, showed armed officers entering a home in the Holmby Hills area of the city, which the station said was connected to Mr. Combs’s company, Bad Boy Entertainment.

Persons: Sean Combs, HSI, Combs, Nicholas Biase Organizations: Department of Homeland Security, Homeland Security Investigations, of, Southern, Fox, Bad Boy Entertainment Locations: Los Angeles, Miami, New York, HSI Los, HSI Miami, Southern, of New York, Holmby

☆ 3 People Fatally Shot in Two Pennsylvania Township Homes, Police Say
▼ + stars: | 2024-03-16 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: 1 min

Three people were fatally shot on Saturday morning at two separate residences in Falls Township in Pennsylvania, according to the authorities, who said they have confined the gunman to a home in Trenton, N.J. The gunman, identified by the authorities as Andre Gordon, 26, drove a stolen vehicle and killed his 52-year-old stepmother, Karen Gordon, and 13-year-old sister, Kera Gordon, in Levittown, Pa., according to Jennifer Schorn, the Bucks County, Pa., district attorney. There were three other people, including a 14-year-old, in the home who hid as Mr. Gordon searched for them, Ms. Schorn said. Mr. Gordon then drove to a second nearby residence where he killed Taylor Daniel, a 25-year-old woman with whom he had two children, Ms. Schorn said.

Persons: Andre Gordon, Karen Gordon, Kera Gordon, Jennifer Schorn, Gordon, Schorn, Taylor Daniel Locations: Falls Township, Pennsylvania, Trenton , N.J, Levittown, Pa, Bucks County

☆ Falls Township, Pennsylvania, shooting: Active shooter reported, shelter-in-place in effect
▼ + stars: | 2024-03-16 | by ( Jeff Winter | Sarah Dewberry | ) edition.cnn.com time to read: +2 min

CNN —At least three people are dead after a shooting in Falls Township, Pennsylvania, Saturday morning, officials say. “Do NOT travel to Falls Township until further notice. We have directed the mall and Sesame Place to CLOSE until further notice,” the Middletown Township Police Department said. Congressman Brian Fitzpatrick, who represents Bucks County, said in an X post that there was a carjacking and two shootings in Falls Township. Falls Township is approximately 28 miles northeast of Philadelphia.

Persons: ” Jeff Dence, carjacked, Dence, ” Dence, Communications Manuel Gamiz Jr, Brian Fitzpatrick, ” Fitzpatrick Organizations: CNN, ” Falls Township Police Department, FBI, Bucks, Attorney’s, Communications, Middletown Township Police Department, Pennsylvania, Police Locations: Falls Township , Pennsylvania, ” Falls Township, Bucks County, Falls Township, Middletown Township, “, Philadelphia

☆ Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debts
▼ + stars: | 2024-03-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a court document filed on Friday. For example, Giuliani spends tens of thousands of dollars a month to maintain his Florida condo. However, the document said, Giuliani spends "approximately 20-30% of his time in Florida" and therefore creditors claimed the $3.5 million condo must be sold. "It is merely a matter of when, not if, the Debtor will have to sell the Florida Condo in order to distribute the proceeds thereof to creditors," the filing said. Giuliani has claimed he cannot afford the insurance, the court document said.

Persons: Rudy Giuliani, Donald Trump, Barrett Prettyman, Giuliani Organizations: Washington , D.C, New, New York City, Netflix, Florida, Trump Locations: Washington ,, Florida, New York, Georgia, New York City

☆ Creditors are coming after Rudy Giuliani's $3.5 million Florida condo in bankruptcy filing
▼ + stars: | 2024-03-16 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Rudy Giuliani may have to sell his Palm Beach condo to settle his bankruptcy debts. Creditors pointed out the $3.5 million property is not exempt in his Chapter 11 bankruptcy filing. Then there is his $3.5 million Florida condo, which is not exempt. However, Giuliani has not taken any steps to sell the Florida home, the filing says. Lawyers for Giuliani and creditors did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Giuliani, —, Giuliani's, Politico's Kyle Cheney, he's, Georgia —, Ruby Freeman, Moss Organizations: Service, New, CNN, Florida and Locations: Beach , Florida, New York, Giuliani's New York, Florida, New York City, New York State, Florida and New York, Georgia

☆ Former Trump official files class-action lawsuit seeking $50 million for lawmakers who say they haven't been paid enough
▼ + stars: | 2024-03-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewYou may have heard that some lawmakers think the $174,000 annual salary for rank-and-file House and Senate members is too low. Since 2009, rank-and-file lawmakers' salaries have remained flat at $174,000 because government funding bills have included a provision explicitly blocking a modest pay increase that would otherwise happen. Rep. Rick Crawford of Arkansas is among the current and former lawmakers suing the United States over their salaries. "People who don't like it should take it up with James Madison," Cuccinelli added, referring to the fourth US president and the original proponent of the 27th Amendment. That suit also alleged a violation of the 27th Amendment, though a judge later dismissed the case.

Persons: —, it's, Ken Cuccinelli, Rick Crawford of, wasn't, You've, Democratic Ed Perlmutter, Republican Rodney Davis, Republican Tom Davis of, Tom Williams, Donald Trump, Ron DeSantis, James Madison, Cuccinelli, I'm, Nancy Pelosi, Crawford — Organizations: Service, Business, Trump White House, POLITICO, Republican, Representatives, Democratic, Colorado, Homeland Security Locations: Rick Crawford of Arkansas, Illinois, Republican Tom Davis of Virginia, United States, Virginia

☆ These 28 regional and community banks exceed regulators' threshold for high commercial real estate concentration risk: here's what's really at stake.
▼ + stars: | 2024-03-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.

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