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Florida Home Sellers Cutting Prices Adds to Pressure on Lennar Lennar Corp. highlighted yet another challenge for homebuilders that have been contending with sluggish demand and high mortgage rates: price competition from a growing supply of existing homes. It’s especially notable in Florida and Texas, two of Lennar’s largest markets, …
POSTED SEPTEMBER 18, 2026 3:12 PM |
New York Developers Look North of Miami for Florida’s Next Boom After years of trying to convince developers and investors that it’s a viable alternative to Miami and Palm Beach, Fort Lauderdale’s pitch is starting to resonate. The South Florida city has drawn an influx of luxury condominium projects and one …
POSTED SEPTEMBER 18, 2026 2:32 PM |
Buffett Steps Down as Berkshire Chair, Ending Six-Decade Run Berkshire Hathaway Inc. founder Warren Buffett is stepping down as the company’s chairman to be replaced by his son Howard, effectively ending roughly six decades at the helm of the conglomerate. The billionaire will become chairman emeritus of the company, …
POSTED SEPTEMBER 18, 2026 2:15 PM |
AI Fuels 440% Surge in Hackers Using Blockchains in Attacks Open-source artificial intelligence is making it easier for hackers to hide malicious code on blockchains, opening a new front in a crypto industry already grappling with rising cybercrime. Instances of malware instructions written into on-chain transactions and smart contracts are …
POSTED SEPTEMBER 18, 2026 2:04 PM |
NYC Reports Second Death in Legionnaires’ Disease Outbreak in South Bronx New York officials reported last night that a second person has died of Legionnaires’ disease due to an outbreak in South Bronx. The New York City Health Department is continuing its investigation and containment efforts to address a community cluster …
POSTED SEPTEMBER 18, 2026 2:02 PM |
Driver Arrested in Bus Collision Occurring Before Deadly News Chopper Crash in LA A motorist was arrested on murder charges after authorities say she slammed her SUV into a city bus in Los Angeles, killing at least two people and injuring six others in a prelude to a second deadly tragedy: the fiery …
POSTED SEPTEMBER 18, 2026 1:55 PM |
Revolut Says No Group Has Made Direct Contact After Data Breach Revolut Ltd. said no individual or group has made direct contact or demand almost a week after the fintech reported a scam involving an unauthorized third party that exposed sensitive information of some customers. A spokesperson for the London-based firm …
POSTED SEPTEMBER 18, 2026 12:10 PM |
India Finds Nestle Baby Food Sample Substandard, Takes Legal Action India’s food regulator said on Friday it had found a Nestle baby food sample to be substandard and was pursuing legal action against the Swiss company in one of its biggest growth markets. Nestle said its products are “fully compliant …
POSTED SEPTEMBER 18, 2026 11:13 AM |
Saudis and Houthis Exchange Strikes, Yemenis Flee by Boat as Middle East War Spreads Saudi Arabia and Yemen’s Iran-backed Houthis exchanged fresh strikes across their border on Thursday and Yemenis took to boats in the Red Sea to escape fighting, as the spreading Middle East war created new threats to global oil supplies. Houthi-controlled …
POSTED SEPTEMBER 18, 2026 10:18 AM |
UK Insurers Urge Bank of England to Rethink ‘Dynamic’ Stress Test Britain’s insurance industry is urging the Bank of England’s regulatory arm to rethink its live crisis simulation, citing heavy reporting demands and unrealistic scenarios in a stress test that pushed firms “to their absolute limit.” The Prudential Regulation Authority’s first …
POSTED SEPTEMBER 18, 2026 9:58 AM |
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