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- Mark Cuban and Other Founders Wade Into Wealth Tax Debate
Some entrepreneurs, including Mark Cuban, are publicly worried about the potential fallout from California’s proposal to impose a special billionaire tax. [TheTopNews] Read More.2 hours ago - ‘I used food banks while my ex owed thousands in child maintenance’
Parents have told BBC Panorama the agency tasked with helping to secure financial support for children after separation or divorce is driving them to breaking point. [TheTopNews] Read More.2 hours ago - Swansea Au Vodka reportedly in talks over £500m sale to BuzzBallz ownerAu Vodka co-owner Charlie Morgan earned infamy in 2013 after being kicked by the Chelsea footballer. [TheTopNews] Read More.2 hours ago
- What will TV look like in three years? Media insiders share their predictions
CNBC asked media insiders what they think the TV market — from pay TV subscribers to sports ratings — will look like in three years. [TheTopNews] Read More.3 hours ago - Five Suspects Arrested After Gunfire During BNSF Rail Cargo Theft Investigation
Five men have been arrested in Southern California following an investigation into an alleged cargo theft from a moving BNSF Railway freight train that escalated when someone fired a handgun toward a railroad police officer. The arrests came less than two days after authorities initially searched the area without locating the suspected burglars. The incident began around 6:04 p.m. Monday near Cajon Boulevard and Keenbrook Road in Devore, California. BNSF personnel encountered individuals suspected of burglarizing rail cars on a northbound freight train. As railroad employees attempted to stop the activity, one suspect allegedly fired a handgun toward a BNSF police officer. No injuries were reported in the article. The train continued north toward Summit Valley before eventually stopping. San Bernardino County Sheriff’s deputies established a perimeter, while aviation crews searched the surrounding area from the air. The department’s Specialized Enforcement Division also examined rail cars that suspects may have entered. Despite the extensive initial response, authorities did not make any arrests that day. Investigators confirmed that merchandise had been stolen, although officials had not determined its value or publicly identified the goods. The investigation changed direction after detectives connected 21-year-old Angel Castro to the shooting and obtained an attempted-murder warrant. On Wednesday afternoon, members of the Rural Crimes Task Force conducted another operation along the rail corridor. San Bernardino police helped locate a vehicle carrying Castro and four other men as they traveled through the city. Officers stopped the vehicle and detained all five occupants. A subsequent search uncovered equipment authorities said was used to burglarize railroad cars. Castro was arrested on suspicion of attempted murder, cargo theft, and conspiracy. Authorities identified the other four suspects as Jorge Sarmiento Ochoa, 31; Miguel Humberto Grajeda Carrizos, 24; Jesus Jose Grajeda, 25; and Cesar Geovanny Grajeda Medina, 22. Each was arrested on suspicion of conspiracy, cargo theft, and possession of burglary tools. The San Bernardino County Sheriff’s Department described all five suspects as Mexican nationals. They were booked into the Central Detention Center in San Bernardino and remained in custody when the arrest announcement was issued. The case comes amid continuing concerns about organized cargo theft along major Western rail corridors. Freight trains carrying valuable consumer products can become targets as they travel through remote areas, creating financial losses and operational disruptions for railroads, shippers, and logistics providers. In a separate Arizona case earlier this year, authorities recovered more than… [TheTopNews] Read More.4 hours ago - Is Miami really costlier than New York City? Why top developers say the math sti...
While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story.Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real estate, while still offering buyers significantly more long-term value."Miami has earned a seat as one of the greatest cities in the world," Naftali Group EVP of marketing, sales and design Danielle Naftali told Fox News Digital. "As people have migrated down here, [and] made it a location that people are living permanently, obviously, things have become a bit more expensive… world-class restaurants opening here, the most amazing cultural institutions, entertainment, hospitality groups — everything that people really experience in major cities around the world. And, you know, those truly go hand in hand.""Globally, Miami was playing catch-up to New York for long periods of time, and you can do this by price per square foot, you can do it by total dollars, what they sell for, but Miami used to trade at — as a local myself — I almost thought it was weird how inexpensive the real estate was here comparatively to cities like New York or London or LA," PMG managing director Ryan Shear also told Fox Digital.FLORIDA NAMES N.Y.C. MAYOR ZOHRAN MAMDANI ‘ECONOMIC DEVELOPER OF THE YEAR’ IN TIMES SQUARE CAMPAIGN"A lot of people have moved down here, not just people, but companies and a lot of high-profile people, and you're seeing big headlines about big trades and big sales and that's true and that is great for the city. I don't think it tells the whole story. I think Miami is still a value city," he added. "I still think it’s a bargain play down here."A recent Bloomberg analysis of U.S. Bureau of Economic Analysis data found that the overall cost of living in the Miami-Fort Lauderdale-West Palm Beach metropolitan area has surpassed that of greater New York. The analysis separately found that housing costs in South Florida are roughly 5% higher than in New York and its suburbs. Additionally, consumer prices in South Florida have risen 36% since 2019, according to the U.S. Bureau of Labor Statistics, representing the second-highest inflation surge among major American markets, trailing only Tampa.South Florida home prices have jumped 79% since the pandemic, according to S&P CoreLogic Case-Shiller data, while Florida's average annual… [TheTopNews] Read More.4 hours ago
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