NEW YORK—A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian sovereign wealth fund of billions of dollars used to finance lavish parties, a superyacht, premium real estate, and even the 2013 film “The Wolf of Wall Street.” Roger Ng was convicted last April by…
NYC Man Freed After Wrong Photo Led to Murder Conviction
NEW YORK—A photo of another person with the same name led to the wrongful arrest of a New York City man who was exonerated and freed Thursday after spending more than 18 years behind bars for murder. The prosecution of Sheldon Thomas, now 35, “was compromised from the very start by grave errors and lack…
Major Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
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Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesState NewsTexasUSUS Real Estate
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A major U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in…
Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues
March 9, 2023
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Business & MarketsCaliforniaCompaniesDemocratseconomic policieseconomyFloridaHomebuilderIllinoisNew YorkPolicies & ImpactsPoliticsreal estateRegional & State NewsSocial IssuesSouthern CaliforniaState NewsTexasUSUS Real Estate
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A U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state. Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas. The firm has developed homes and communities in Boston,…
Car Thefts Nationwide Top 1 Million in 2022 at Near 15-Year High: Report
March 9, 2023
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auto theftCaliforniaCrime and IncidentsNew YorkPolicies & ImpactsRegional & State NewsSocial IssuesState NewsTexasUSUS NewsWashington state
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Car theft in the United States is hovering near a 15-year high, with every month last year seeing more than 75,000 vehicles stolen, according to a new report based on national crime data. The report, published Wednesday by non-profit industry group National Insurance Crime Bureau (NICB), suggests that the number of auto thefts nationwide surpassed…
Republican Candidate Brian Carey Runs for Mayor of Otisville, New York
Having served on the Mount Hope town board for almost eight years, Brian Carey is running for mayor of Otisville to improve infrastructure, keep taxes stable, and bring the two municipalities together. Over the past years, he saw how the relationship between the two regions diminished as the village of Otisville pulled out from joint summer…
Wallkill to Host Public Hearing on New Short-Term Rental Law
March 8, 2023
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The Town of Wallkill is considering a new short-term rental law as tourism increases and more residents rent out their houses for short stays. The law will regulate the use of short-term rentals for the health, safety, and quality of life of town residents, with penalties attached to violations. A draft law is ready for…
2nd Victim From Stampede After GloRilla Concert Identified
ROCHESTER, N.Y.—The second person who died following a stampede after a rap concert in Rochester, New York, was identified Tuesday as 35-year-old Brandy Miller. Rochester police said Miller, who was from the city, and 33-year-old Rhondesia Belton of Buffalo, New York, died of injuries they sustained when fans surged dangerously as they were leaving Sunday…
Democratic Candidate Isaac Palmer Runs for Mayor of Otisville, New York
March 7, 2023
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Otisville resident and former village trustee Issac Palmer said he is running for the village’s top job to build on the legacy of longtime Mayor Brian Wona. Wona, a Democrat, is not seeking reelection this year after serving eight terms. Under Wona, the small village in western Orange County has built many new projects with…
New York Radio Broadcaster Laying Off 8 Percent of Employees
March 7, 2023
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Business & MarketsCompanieseconomyNew YorkrecessionRegional & State NewsSiriusXM stationstaff layoffsState Newstech industryUS
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Satellite radio firm SiriusXM has announced a reduction in its employee count, in line with the overall trend among tech companies firing workers in the past few months. “After a review of our business, we have made the decision to reduce the size of our workforce by 475 roles, or 8 percent,” CEO Jennifer Witz…
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