Medical episode sends commercial truck crashing into occupied home
WOODBURY, N.J. — A commercial vehicle struck a telephone pole and crashed into an occupied home Tuesday afternoon after the driver reportedly experienced a medical emergency, according to the Woodbury Police Department.…
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 cost even after the U.S. government starts…
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 among the top concerns of respondents to…
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 up with global market leader Ford, the…
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 Road in Lothian. Police arrived at the…
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 Department. The incident, which took place on…
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 Stop, 90 Indiana Street, in Armagh Borough.…
‘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 real estate crisis caused by high interest…
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 top 20 U.S. metro cities, a new…
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 robbery that occurred within the confines of…
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, in Capitol Heights. The suspect has been…
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 Kaderly Dr. These suspects removed items and…
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 Detective Steven Walker. Surveillance footage showed a…
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 Robinson. Robinson was apprehended for committing robberies…
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 may send armed sailors and Marines to…
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, two U.S. officials said on Thursday, amid…
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 England interest rates have brought the toughest…
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 by 34 basis points from June to…
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 true to the Route 37 corridor and…
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 incident occurred early on Monday, July 17,…
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 East West Highway, is being investigated by…
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 and higher interest rates. That stress has…
Meta opens AI model to commercial use, throwing nascent market into flux
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 start-ups and other businesses a powerful free-of-charge…
Virgin Galactic to launch second commercial space flight next month
(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in…
Commercial burglary suspect sought by NYPD
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 recently happened commercial burglary. The incident occurred…
Four Juveniles Arrested in Commercial Burglary in Glen Burnie
GLEN BURNIE, MD – Four juveniles were arrested on Friday, after a reported burglary at the Marley Station Mall, 7900 Ritchie Highway. Responding to a burglary in progress around 1:30 a.m., officers,…
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