Federal authorities have lodged an immigration detainer for a man charged with the brutal rape of an autistic teenager in Cathedral City, calling the case 'exceptionally heinous' and urging California officials to cooperate.
The abduction of nearly 200 residents from Kurmin Wali has shattered community life, triggering a wave of departures as survivors lose faith in state protection and face an uncertain future.
A nationwide investigation has revealed 517 illegal waste sites across England, some containing over 20,000 tonnes of material, raising urgent questions about the integrity of packaging waste management and corporate accountability.
Despite facing what its CEO called "highly variable" housing demand in 2025, PulteGroup reported another year of robust revenue and earnings, driven by its diversified buyer mix and strength in the active-adult segment. While Q4 profitability softened, the homebuilder is betting on strategic land investments and a resilient spring selling season to fuel its 2026 outlook.
Meritage Homes concluded a challenging 2025, citing affordability pressures and waning buyer confidence. While maintaining a cautious stance on incentives, the homebuilder is expanding its community footprint and boosting shareholder returns, betting on long-term demographic demand.
Buoyed by a banner 2025 and surging consumer appetite for ocean voyages, Royal Caribbean Group forecasts double-digit profit growth for 2026, signaling a full-throttle recovery for the cruise industry.
South Korean regulators are forming a task force to propose stricter anti-money laundering rules for cryptocurrency transactions by 2026, potentially removing minimum thresholds for identity disclosure to mirror traditional finance oversight.
LendingClub Corp. (LC) shares tumbled sharply this week, extending losses for a third consecutive session after the company announced a shift to fair value accounting. The move, aimed at aligning revenue with credit costs, spooked investors despite the fintech firm reporting a 164% surge in annual net income.
Despite posting year-over-year revenue growth, MarineMax's first-quarter earnings reveal the persistent headwinds buffeting the recreational boating industry, from aggressive promotions to cautious consumers. Management points to early spring signals and a fortified balance sheet as reasons for cautious optimism.
Equity Lifestyle Properties (ELS) reported solid 2025 results with NOI and FFO growth, driven by its core manufactured housing communities. While forecasting further growth for 2026, management acknowledged ongoing fluctuations in its seasonal RV business and provided detailed guidance.
Colony Bankcorp (CBAN) reported improved operating performance in Q4 2025, with executives detailing on-track integration of TC Federal and momentum in fee-based businesses. The bank targets a 1.20% return on assets for 2026 and signals appetite for further acquisitions.
A new analysis reveals the stark reality of homeownership in California, where residents in its largest cities are spending a historically high share of income on housing, pushing the dream of owning a home out of reach for many.
A significant divestment from a short-duration bond ETF highlights a broader portfolio pivot towards growth assets as opportunity costs rise, questioning the role of capital preservation funds in a changing rate environment.
Saks Global, the parent of luxury retailers Saks Fifth Avenue and Neiman Marcus, will shutter the vast majority of its Saks OFF 5TH off-price stores and all Last Call locations, marking a dramatic retreat from the discount luxury sector as it navigates Chapter 11.
