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Commercial

Meta opens AI model to commercial use, throwing nascent market into flux

July 18, 2023
Meta opens ai model to commercial use, throwing nascent market into flux - photo licensed by shore news network.

By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving …

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Virgin Galactic to launch second commercial space flight next month

July 13, 2023
Virgin galactic to launch second commercial space flight next month - photo licensed by shore news network.

(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next …

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Commercial burglary suspect sought by NYPD

July 9, 2023
Commercial burglary suspect sought by nypd - photo licensed by shore news network.

NEW YORK CITY, NY – The New York City Police Department is requesting the public’s help in identifying a person wanted in connection with a …

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Four Juveniles Arrested in Commercial Burglary in Glen Burnie

July 9, 2023
Four juveniles arrested in commercial burglary in glen burnie - photo licensed by shore news network.

GLEN BURNIE, MD – Four juveniles were arrested on Friday, after a reported burglary at the Marley Station Mall, 7900 Ritchie Highway. Responding to a …

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Man Arrested in Connection to Commercial Burglary

July 9, 2023

VIRGINIA BEACH, VA – Detectives arrested Kenneth T. Parker, 34, on charges related to a commercial burglary at Military Circle Mall on Wednesday. The police …

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US bank credit rose last week, while commercial and industrial loans fell -Fed data

July 7, 2023July 7, 2023
Us bank credit rose last week, while commercial and industrial loans fell -fed data - photo licensed by shore news network.

(Reuters) – Bank credit for U.S. commercial banks expanded slightly in the last week of June, even as commercial and industrial lending ticked down, Federal …

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Iran’s Revolutionary Guards seize commercial ship in Gulf – U.S. Navy

July 6, 2023

LONDON (Reuters) -Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in …

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Philadelphia police investigating multiple commercial burglaries

July 1, 2023
Philadelphia police investigating multiple commercial burglaries - photo licensed by shore news network.

PHILADELPHIA, PA – A series of commercial burglaries struck the 1st and 3rd Districts on June 24 and Monday. The South Detective Division is investigating …

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US regulators ask lenders to work with stressed commercial real estate firms

June 29, 2023June 29, 2023
Us regulators ask lenders to work with stressed commercial real estate firms - photo licensed by shore news network.

(Reuters) – U.S. banking regulators are asking lenders to work with credit-worthy borrowers that are facing stress in the commercial real estate market. Financial institutions …

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Chinese Spy Balloon Was Chock Full Of Commercial US Tech, Investigation Finds: REPORT

June 29, 2023

Chinese Spy Balloon Was Chock Full Of Commercial US Tech, Investigation Finds: REPORT Micaela Burrow on June 29, 2023 Early findings in the analysis of …

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Factbox-Big banks stand strong against Fed’s commercial real estate gloom

June 28, 2023
Factbox-big banks stand strong against fed's commercial real estate gloom - photo licensed by shore news network.

By Michelle Price WASHINGTON (Reuters) – Big U.S. banks’ commercial real estate portfolios put in a surprisingly good performance during the Federal Reserve’s annual health …

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US, China plan to increase commercial flights between the countries- US official

June 28, 2023
Us, china plan to increase commercial flights between the countries- us official - photo licensed by shore news network.

By Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two countries to improve people-to-people contact, …

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JPMorgan commercial bank enters Singapore, Israel in global push

June 21, 2023
Jpmorgan commercial bank enters singapore, israel in global push - photo licensed by shore news network.

By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s commercial bank is entering Singapore and Israel this year as its …

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CBP Seizes 217 Pounds of Cocaine at Blue Water Bridge Discovery occurred during inspections of outbound commercial cargo

June 12, 2023

PORT HURON, Mich.— U.S. Customs and Border Protection (CBP) officers assigned to the Area Port of Port Huron intercepted approximately 200 pounds of cocaine at …

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12-year-old charged for smash and grab commercial robbery

June 10, 2023
12-year-old charged for smash and grab commercial robbery - photo licensed by shore news network.

BOSTON, MA – Early on Friday, the Boston Police Department’s District A-1 unit responded to an alarm from the Blue Moon Smoke Shop at 145 …

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NYPD investigating series of commercial robberies in the Bronx

June 1, 2023
New york city police department dispatched to crime scene.

NEW YORK, NY – The New York City Police Department is searching for suspects involved in a series of robberies taking place across multiple precincts. …

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Air taxi makers urge investors to stay onboard ahead of commercial lift-off

May 25, 2023
Air taxi makers urge investors to stay onboard ahead of commercial lift-off - photo licensed by shore news network.

By Joanna Plucinska GENEVA (Reuters) – A drop in tech stock valuations, economic pressures, and a risk-averse investment environment in Europe are some of the …

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GM overhauls North American commercial vehicle sales operations

May 10, 2023
Gm overhauls north american commercial vehicle sales operations - photo licensed by shore news network.

By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and telematics services under a new …

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Virgin Galactic to start commercial flight in late June, shares rise

May 8, 2023
Virgin galactic to start commercial flight in late june, shares rise - photo licensed by shore news network.

(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May and that it aims to …

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Commercial real estate loans in core Europe face $55 billion funding gap, report says

April 25, 2023
Commercial real estate loans in core europe face $55 billion funding gap, report says - photo licensed by shore news network.

By Chiara Elisei LONDON (Reuters) – Around one in five loans backing commercial real estate (CRE) in Britain, France and Germany that fall due between …

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Commercial real estate woes weigh on New York City recovery, NY Fed says

April 13, 2023
Commercial real estate woes weigh on new york city recovery, ny fed says - photo licensed by shore news network.

By Michael S. Derby (Reuters) – Ongoing stress in the New York City commercial real estate sector is still creating economic headwinds for the region …

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Two arrested for commercial burglary in Utica

April 11, 2023
Handcuffs used during police arrest.

UTICA, NY – A burglary at Court St Mini Mart located at 1020 Court St prompted a rapid response from Utica Police yesterday, at around …

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Commercial burglary suspect sought by police

April 6, 2023
Commercial burglary suspect sought by police - photo licensed by shore news network.

NEW YORK CITY, NY – The New York City Police Department is asking the public’s assistance in identifying an individual connected to a burglary that …

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NYPD seeking commercial burglary suspect

April 5, 2023April 5, 2023
Nypd seeking commercial burglary suspect - photo licensed by shore news network.

NEW YORK CITY, NY – The New York City Police Department (NYPD) is asking the public’s assistance in identifying an individual connected to a burglary …

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Heavy police presence near John Carlyle Square due to commercial robbery

April 3, 2023
Heavy police presence near john carlyle square due to commercial robbery - photo licensed by shore news network.

ALEXANDRIA, VA – Police in Alexandria are at the scene of a commercial robbery in the 400 block of John Carlyle Street. A heavy police …

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Europe’s banks in ‘better place’ than U.S. in terms of commercial property risk – JPMorgan

March 28, 2023
Europe's banks in 'better place' than u. S. In terms of commercial property risk - jpmorgan - photo licensed by shore news network.

By Marc Jones LONDON (Reuters) – Europe’s banks face less threat from some of the problems now showing in the commercial real estate markets than …

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Suspect wanted in two dozen robberies strikes again with Staten Island commercial smash and grab

March 21, 2023
Suspect wanted in two dozen robberies strikes again with staten island commercial smash and grab - photo licensed by shore news network.

STATEN ISLAND, NY – A unknown suspect smashed a glass door to gain entry into a Staten Island business on Monday and grabbed the cash …

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Baltimore police seeking commercial burglary suspect

March 20, 2023
Baltimore police seeking commercial burglary suspect - photo licensed by shore news network.

BALTIMORE, MD – Police in Baltimore are asking for the public’s assistance in identifying a man wanted for a commercial burglary that took place last …

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Authorities Seek Two Suspects in Southwest Philadelphia Commercial Robbery Attempt

March 17, 2023
<strong><u>authorities seek two suspects in southwest philadelphia commercial robbery attempt</u></strong> - photo licensed by shore news network.

SOUTHWEST PHILADELPHIA – The Philadelphia Police Department is asking for the public’s assistance in identifying and locating two suspects involved in an attempted commercial robbery …

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Governor Murphy announces commercial vehicle restrictions on New Jersey highways, state of emergency

March 13, 2023
Governor murphy announces commercial vehicle restrictions on new jersey highways, state of emergency - photo licensed by shore news network.

TRENTON, NJ – The New Jersey State Police has issued a commercial travel restriction across several interstate highways in New Jersey as a nor-easter moves …

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Construction Begins on CBP, GSA and Anzalduas International Bridge Board Partnership to Improve Commercial Infrastructure at the Anzalduas Port of Entry

March 9, 2023

McAllen, Texas — U.S. Customs and Border Protection (CBP), the General Services Administration (GSA), and the Anzalduas International Bridge Board (AIBB) began construction this week …

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Irish banks see commercial real estate revaluations as manageable

March 8, 2023
Irish banks see commercial real estate revaluations as manageable - photo licensed by shore news network.

By Padraic Halpin DUBLIN (Reuters) – Ireland’s two dominant banks, AIB Group and Bank of Ireland, expect commercial real estate values to fall this year …

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Boeing faces similar supply chain challenges in defence to commercial business -exec

February 28, 2023
Boeing faces similar supply chain challenges in defence to commercial business -exec - photo licensed by shore news network.

AVALON, Australia (Reuters) – Boeing Co’s defence business is facing some of the same supply chain challenges as its commercial business, including delays in receiving …

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China refines capital and risk management of commercial banks

February 18, 2023
China refines capital and risk management of commercial banks - photo licensed by shore news network.

BEIJING (Reuters) – China’s banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and …

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Dover police investigating off-hours commercial break-in and burglary

February 16, 2023
Police light, traffic safety officer - stock photo by daniel tadevosyan

DOVER, DE – Police in Dover are investigating a burglary overnight on Wednesday and are now asking the public for possible witnesses. A burglary was …

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Toms River man charged for commercial theft

February 15, 2023
Handcuffs used during police arrest.

STAFFORD TOWNSHIP, NJ – A Toms River man has been arrested and charged with commercial theft in Manahawkin. A theft was reported to Stafford Township …

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Burglar threw brick through window to gain access in Manhattan commercial break-in

February 14, 2023
Burglar threw brick through window to gain access in manhattan commercial break-in - photo licensed by shore news network.

NEW YORK, NY – Police in Manhattan are searching for a suspect who used a brick to smash a window to gain entry into a …

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Michigan man indicted for setting fire to nine commercial trailers in New Mexico

January 5, 2023
Michigan man indicted for setting fire to nine commercial trailers in new mexico - photo licensed by shore news network.

ALBUQUERQUE, N.M. – Alexander M.M. Uballez, United States Attorney for the District of New Mexico, and Brendan Iber, Special Agent in Charge of the Phoenix …

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Philadelphia police seeking vending machine vandals, thieves

January 5, 2023
Philadelphia police seeking vending machine vandals, thieves - photo licensed by shore news network.

PHILADELPHIA, PA – Detectives with the Philadelphia Police Department are investigating a break-in and robbery at the Friends Guild House recreation center on Fairmount Avenue. …

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Michigan Man Indicted for Allegedly Setting Commercial Trailers Ablaze

December 23, 2022
Michigan man indicted for allegedly setting commercial trailers ablaze - photo licensed by shore news network.

TUCSON, Ariz. – On Wednesday, a federal grand jury returned a three-count indictment against Viorel Pricop, 64, of Allen Park, Michigan, for Arson of Property …

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New Jersey issues commercial travel restrictions on several major highways during storm

December 23, 2022
Gsp, nj - ez pass signage.

With the passing storm across the state, officials have issued a travel restriction against commercial vehicles on multiple highways. A commercial vehicle travel restriction has …

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AT&T, BlackRock to form commercial fiber-optic platform

December 23, 2022December 23, 2022
At&t, blackrock to form commercial fiber-optic platform - photo licensed by shore news network.

(Reuters) – Wireless carrier AT&T Inc and fund manager BlackRock Inc are forming a joint venture to operate a fiber-optic platform in the United States, …

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Philadelphia Man Sentenced to 11 Years for Three Commercial Robberies

December 22, 2022
Philadelphia man sentenced to 11 years for three commercial robberies - photo licensed by shore news network.

PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Nasir Wright, 25, of Philadelphia, PA, was sentenced to 11 years in prison and five …

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U.S. senator Manchin says Treasury should limit commercial EV tax credit use

December 13, 2022
U. S. Senator manchin says treasury should limit commercial ev tax credit use - photo licensed by shore news network.

By David Shepardson (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to …

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Firefighters battle commercial blaze in Linden

January 19, 2023December 13, 2022
Firefighters battling a 3-alarm fire at a food preparation company near the corner of e. Elizabeth & n. Park ave. Photo provided by linden police dept.

LINDEN, NJ – A three-alarm fire was reported overnight in Linden at a food preparation company in the area of East Elizabeth and North Park …

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Automakers, South Korea urge U.S. to tap commercial EV tax credit

December 7, 2022
Automakers, south korea urge u. S. To tap commercial ev tax credit - photo licensed by shore news network.

By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax …

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Police seeking suspect who broke into and robbed Philadelphia Dunkin Donuts

December 4, 2022
Police seeking suspect who broke into and robbed philadelphia dunkin donuts - photo licensed by shore news network.

PHILADELPHIA – Police in Philadelphia are searching for a suspect wanted for breaking into and robbing a Dunkin Donuts. According to police, on November 30, …

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Evergrande to sell Shenzhen commercial plot for $1.05 billion amid debt woes

November 28, 2022November 28, 2022
Evergrande to sell shenzhen commercial plot for $1. 05 billion amid debt woes - photo licensed by shore news network.

(Reuters) – China Evergrande Group said on Monday its unit has entered into a deal to sell a piece of commercial land in Shenzhen for …

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Wanted: Suspects for Multiple Commercial Burglaries in the 12th and 18th Districts [VIDEO]

November 24, 2022
Commercial-burglary-pattern-dc-22-12-065266-dc-22-18-058670

PHILADELPHIA, PA – Detectives with the Philadelphia Police Department are searching for suspects wanted in two separate commercial burglaries. A male unknown gained entry to Family …

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Malawi begins debt restructuring talks with commercial creditors: IMF

November 22, 2022
Malawi begins debt restructuring talks with commercial creditors: imf - photo licensed by shore news network.

JOHANNESBURG (Reuters) -Malawian authorities have started debt restructuring negotiations with commercial creditors and a ‘credible process’ is underway, the International Monetary Fund said on Tuesday. …

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