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☆ China's ex-justice minister faces life in jail amid purge of security officials
  + stars: | 2022-09-22 | by ( ) www.reuters.com   time to read: +2 min
Fu, 67, was handed a suspended death sentence that will be commuted to life imprisonment after two years, with no possibility of parole, according to state media. Register now for FREE unlimited access to Reuters.com RegisterIn July, Fu admitted accepting bribes exceeding 117 million yuan ($16.50 million). On Wednesday, three former police chiefs of Shanghai, Chongqing and Shanxi province were sentenced to years in jail - including one for life - for corruption. The purges came three weeks ahead of a once-in-five-years congress of the ruling Communist Party where Xi is widely expected to secure a precedent-breaking third term as China's leader. ($1=7.0896 Chinese yuan)Register now for FREE unlimited access to Reuters.com RegisterReporting by Ryan Woo; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.
☆ Man accused in 2014 massacre of co-worker's family arrested after landing in U.S. from China
  + stars: | 2022-09-15 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +4 min
A man accused of killing his co-worker’s family in their Texas home more than eight years ago was arrested over the weekend after he arrived at San Francisco’s airport from China, officials said. Similar to what he told the FBI, Lu told sheriff's office investigators he didn't know where the Sun family lived until he saw news coverage of their deaths. Authorities also interviewed Lu’s wife. The sheriff’s office said there were inconsistencies between her version and Lu’s versions of what happened. The Harris County Sheriff’s Office said the investigation continues.
☆ As families and 'Parrotheads' flock to campgrounds and RV parks, institutional real-estate investors see their next big score
  + stars: | 2022-05-23 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +13 min
Investors are eyeing profits in campgrounds and RV parks as Americans flock to the great outdoors. Camp Margaritaville RV Resort and Cabana Cabins Auburndale, Central FloridaThe trend is also driven by demographics. Sam Zell's Equity Lifestyle Properties, another large REIT that invests in RV parks alongside mobile homes, has also been busy. While it's not clear how much big investors have thrown into RV campgrounds, manufactured housing communities as a whole have seen a burst of Wall Street financing. After looking hard at multifamily and industrial, he settled with RV parks.
☆ The SEC just charged Justin Sun, the crypto CEO who bid $4.6 million on lunch with Warren Buffett, with fraud. Here's everything you need to know about him.
  + stars: | 2021-03-12 | by ( Theron Mohamed | Samantha Delouya | ) www.businessinsider.com   time to read: 1 min
Sun attending a business school founded by Alibaba executive chairman Jack MaSun with Alibaba's Jack Ma. Instagram/Justin SunSun's oldest photo on Instagram shows him receiving a certificate from Ma. Sun was the youngest member of the inaugural class at Hupan University, a Chinese business school founded by Ma in 2015, according to the South China Morning Post. Ma recruited 30 students who he believed could revolutionize the Chinese business world. Sun wrote his thesis on the blockchain industry, titled "The Birth of a Decentralized Internet," SCMP said.
☆ The December solstice is here. Here's how it works and why it starts winter and summer at the same time.
  + stars: | 2018-12-21 | by ( Marianne Guenot | Shayanne Gal | ) www.businessinsider.com   time to read: +5 min
The 2022 winter solstice happens on Wednesday 21 December at 4:48 p.m. It is the winter solstice in the northern hemisphere but the summer solstice in the southern. This is due to Earth's tilted axis as it orbits around the sun. How the December solstice worksThe winter solstice is the point when the sun will stay closest to the horizon all day. At that point, the sun's most direct rays reach the Tropic of Cancer, summer starts for the northern hemisphere, and winter begins for those south of the equator.
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