Honda, GM fuel cell venture launches commercial production
By Joseph White BROWNSTOWN, Michigan (Reuters) – General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, …
Commercial
China widens commercial property loan uses to ease liquidity
BEIJING (Reuters) – China on Wednesday said it is widening the uses for commercial property lending by banks in its latest effort to ease a …
Baltimore Police Apprehend Suspect in Central District Commercial Burglary
BALTIMORE, MD – The Baltimore Police Department has reported the arrest of a suspect following a commercial burglary in the Central District. The incident occurred …
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due Will Kessler on January 17, 2024 Commercial real estate is facing …
Commercial Fishers Say Biden Admin’s ‘Ocean Justice’ Initiative Totally Ignores Their Concerns
Commercial Fishers Say Biden Admin’s ‘Ocean Justice’ Initiative Totally Ignores Their Concerns Nick Pope on January 14, 2024 The Biden administration has a new strategy …
Venture Global LNG explains to US regulator its failure to sell commercial cargoes
By Curtis Williams HOUSTON (Reuters) -Venture Global LNG has told a U.S. regulator that it cannot meet contracts to provide liquefied natural gas (LNG) cargoes …
Commercial Robbery Suspect Arrested on North Charles Street
BALTIMORE, MD — On Jan. 4, 2024, at about 7:52 a.m., police responded to a reported burglary at a business located in the 2500 block …
NYPD Seeks Information on Commercial Burglary in Staten Island
STATEN ISLAND, NY – The New York City Police Department is requesting public assistance in identifying an individual connected to a burglary in Staten Island. …
Hong Kong will not sell residential, commercial land this quarter amid slow demand
HONG KONG (Reuters) – Hong Kong said on Thursday it will not sell any residential or commercial land in the first three months of 2024, …
US Troops Kill Houthi Militants In Red Sea Firefight After Rebels Attempt To Board Commercial Ship
US Troops Kill Houthi Militants In Red Sea Firefight After Rebels Attempt To Board Commercial Ship Micaela Burrow on December 31, 2023 U.S. Navy helicopters …
Fitch downgrades Wanda Commercial to “restricted default”, then upgrades to “CC”
HONG KONG (Reuters) – Fitch Ratings downgraded Dalian Wanda Commercial Management Group to “restricted default (RD)” from “C” on completion of the distressed debt exchange, …
Commercial Burglary Suspects Sought in Bronx Robbery
NEW YORK CITY, NY – The New York City Police Department is seeking assistance from the public in identifying three suspects involved in a commercial …
1980s Ciba Giegy Commercial Didn’t Talk About Cancer Risks of Dumping Toxic Waste in River
TOMS RIVER, NJ – If you lived in Toms River in the 1980s, during the heyday of the Ciba-Geigy chemical corporation’s manufacturing history, you wouldn’t …
CBP Field Operations promotes commercial bus APIS
HIDALGO, Texas—U.S. Customs and Border Protection, Office of Field Operations at the Hidalgo International Bridge is reminding and encouraging bus companies to file electronic traveler …
CBP Field Operations promotes commercial bus EAPIS
HIDALGO, Texas—U.S. Customs and Border Protection, Office of Field Operations at the Hidalgo International Bridge is reminding and encouraging bus companies to file their international …
Red Sea shipping costs rising after Houthis target more commercial vessels
By Jonathan Saul LONDON (Reuters) – The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships …
Cantina owner and son receive significant sentence for forcing young girl to engage in commercial sex
McALLEN, Texas – A Mexican woman, who legally resided in Mission, and a local Texan have been ordered to federal prison for sex trafficking a …
More US commercial property owners to tap securities market in 2024 -Moody’s
By Matt Tracy WASHINGTON (Reuters) – More U.S. commercial property owners are expected to turn to commercial mortgage-backed security (CMBS) lenders next year instead of …
Chris Christie’s Niece Criminally Charged for Racially Motivated Incident on Commercial Jet
NEW ORLEANS, LA – Shannon Epstein, the niece of GOP presidential candidate Chris Christie, faces charges following a disturbance on a Spirit Airlines flight. Epstein, …
Ford commercial unit, Xcel Energy partner up to install 30,000 EV charging ports
(Reuters) – Ford’s commercial unit will collaborate with utility firm Xcel Energy to install 30,000 electric vehicle (EV) charging ports across the U.S. by 2030, …
US commercial mortgage distress rises in November on office woes -KBRA
By Matt Tracy (Reuters) – Late payments on U.S. commercial property loans rose in November, driven by growing distress among office properties, according to a …
That Pennsylvania Lottery Commercial Is Not The Same One You Watched As A Kid
PHILADELPHIA, PA – It’s the holiday season in Pennsylvania, and like every other season for the past thirty years, the Pennsylvania Lottery is airing its …
L3Harris to sell its commercial aviation solutions business for $800 million
(Reuters) – L3Harris Technologies is selling its commercial aviation solutions business to private equity firm TJC L.P. for $800 million, the defense company said on …
First Quantum’s Panama mine not operating at commercial production levels
By Valentine Hilaire and Divya Rajagopal (Reuters) -A major Panama copper mine run by Canada’s First Quantum Minerals is not operating at commercial levels, a …
US commercial property loan activity to drop off in Q4 after Q3 pickup -DBRS
By Matt Tracy (Reuters) – Issuance of securities backed by U.S. commercial real estate (CRE) loans posted a rare rebound last quarter, but sector struggles …
Maplewood Police Investigate Weekend Commercial Burglaries
MAPLEWOOD, NJ – The Maplewood Police Department reported two separate commercial burglaries over the weekend. The first incident occurred early Saturday at a Newark Wy …
Couple Sought in Brooklyn Commercial Burglary
BROOKLYN, NY – The New York City Police Department is seeking the public’s aid to identify two individuals involved in a burglary in Brooklyn. The …
Analysis-Liquidity gridlock worsens in US commercial real estate sector
By Shankar Ramakrishnan (Reuters) – Private lenders, in pole position as high interest rates leave them as the sole option for many in the commercial …
Aurora opens first commercial route for driverless trucks
(Reuters) – Aurora Innovation on Wednesday opened its first lane for driverless trucks connecting Dallas and Houston, supported by its commercial trucking terminal in Houston, …
US shifting COVID antivirals to commercial market on Nov. 1
By Ahmed Aboulenein WASHINGTON (Reuters) – Most people will retain access to Pfizer’s Paxlovid and Merck’s Lagevrio COVID-19 oral antiviral treatments for little or no …
Inflation, commercial real estate among top financial stability concerns -Fed survey
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are …
Stellantis aims to rival Ford in commercial vehicles with sales growth
By Giulio Piovaccari BALOCCO, Italy (Reuters) – Automaker Stellantis aims to increase sales of its light commercial vehicles (LCV) by 25% through 2027 to catch …
Commercial Burglary at Duffy’s in Lothian Under Investigation
Lothian, MD – A commercial burglary incident was reported on October 13, 2023, at approximately 3:30 a.m. at Duffy’s, located at 1371 Mt. Zion Marlboro …
Suspect Wanted in Commercial Burglary
NEW YORK CITY, NY – A burglary at a commercial building at 145-18 156th street is currently under investigation by the New York City Police …
State Troopers Investigate Commercial Burglary in Armagh
ARMAGH, PA – On Wednesday, at approximately 1:28 a.m., members of the Troop A, Indiana County Patrol Unit were called to a burglary-in-progress at One …
‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis
‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis Harold Hutchison on September 21, 2023 “Shark Tank” star Kevin O’Leary predicted that a commercial …
Chicago leads in certain commercial property loan distress in August: KBRA
By Matt Tracy (Reuters) – Chicago’s commercial real estate sector loans, within certain securities, had the highest distress or delinquency rate in August among the …
Staten Island Commercial Robbery Suspect Sought
STATEN ISLAND – The New York City Police Department is seeking assistance from the public in identifying and locating a suspect involved in a commercial …
Man Arrested in Connection with Commercial Armed Robbery in Capitol Heights
PRINCE GEORGE’S COUNTY, MD – Prince George’s County Police have arrested a man linked to a commercial armed robbery that took place on July 16, …
Columbus Police Seeking Suspects in Commercial Burglary
COLUMBUS, OH – On Tuesday, July 24, two individuals were caught on surveillance footage while unlawfully entering a secure area of a business located on …
Commercial Burglar Apprehended in Ocean Township
OCEAN TOWNSHIP, NJ – On Tuesday, August 1, at around 9:00 am, a report of a burglary on Berkeley Avenue led to the dispatch of …
Serial Commercial Robbery Suspect Captured by Police
VIRGINIA BEACH, VA – On Friday, the Virginia Beach Police Department, in partnership with the Chesapeake Police Department, has successfully arrested 21-year-old Norfolk resident, Qahir …
US Military May Place Armed Troops On Commercial Ships To Guard Against Iran Seizure Attempts: REPORT
US Military May Place Armed Troops On Commercial Ships To Guard Against Iran Seizure Attempts: REPORT Micaela Burrow on August 3, 2023 The U.S. military …
U.S. could offer armed troops to commercial vessels in Strait of Hormuz- officials
WASHINGTON (Reuters) – The United States could soon offer to put armed sailors and Marines on commercial ships traveling through the Gulf’s Strait of Hormuz, …
Higher interest rates depress UK commercial property, survey finds
By David Milliken LONDON (Reuters) – Two thirds of property surveyors think Britain’s commercial real estate market is in a downturn, as higher Bank of …
US commercial property delinquencies rise further in July -report
By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up …
Ocean County Mall was 1976 Catalyst for Toms River’s Commercial Boom
TOMS RIVER, NJ – The Ocean County Mall has been the economic anchor of Toms River for decades, not Downtown Toms River. The same holds …
NYPD Investigating Commercial Armed Robbery
NEW YORK CITY, NY – The New York City Police Department is requesting public assistance in identifying the individuals involved in an armed robbery. The …
Suspect Sought in East West Highway Commercial Burglary
SILVER SPRING, MD – A commercial burglary that occurred on Tuesday, May 30, at the News & Valet shop located on the 1300 block of …
Factbox-U.S. banks increase reserves for commercial real estate exposure
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity …