TREC hosts annual workshop focusing on environmental business opportunities
The annual Elevate Outdoor Business Engagement Workshop took place at the Tom Ridge Environmental Center (TREC) on Tuesday afternoon to help create new opportunities for outdoor businesses.
Manufacturers' conference tackles talent attraction, retention
Leaders from Pennsylvania's Office of Outdoor Recreation visited Erie to hear from business owners.
They were looking for input on how to make doing business outdoors easier.
Charity presents adaptive bikes to Erie children
'The fishing opportunities on Lake Erie are one of the truly unique aspects of our outdoor recreation industry. The way they attract tourists here on a great American getaway is something special in the Commonwealth,' said Nathan Reigner, director of Outdoor Recreation PA Commonwealth.
Their final meeting will take place on Wednesday in Potter County.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Newsweek
an hour ago
- Newsweek
Wealthy Americans Buy Up London Mansions Amid Price Slump
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Wealthy Americans are taking advantage of the ongoing slump in London's luxury home market to snap up properties in the city for a significantly lower price than these mansions would have fetched a few years ago. According to data from Beauchamp Estates, a luxury real-estate agent in the U.K. capital, U.S. nationals accounted for 25 percent of prime purchases in the city last year, up from 18 percent in 2023. In the first six months of the year, American and Middle Eastern buyers together were behind 50 percent of all high-value transactions in London, up from 45 percent in 2024, which include deals totaling more than £15 million ($20 million). Swimming Against the Tide American buyers are flocking to the London luxury home market at the same time as many so-called non-doms—U.K. residents whose permanent home, for tax purposes, is outside the U.K.—are leaving the capital. The Labour government, which has led the U.K. since last year's general elections, has announced plans to abolish the non-dom tax status. Under current laws, non-doms pay taxes in the U.K. only on the money they earn in the country. They do not pay taxes made anywhere else in the world. This offers an incredible advantage to wealthy individuals who can choose to pay duties in states with lower taxes than the U.K. while effectively still living in the U.K. According to the latest data by the country's HM Revenue & Customs, some 74,000 people claimed non-dom status in 2022-2023. A general view of large residential town houses in Green Street, Mayfair, in London on January 9. A general view of large residential town houses in Green Street, Mayfair, in London on January changes announced by the British government, the non-dom status would be abolished and replaced with a residence-based regime. Non-doms living in the U.K. have been given a three-year period of transition to bring their foreign wealth onshore. Non-doms' recent exodus from the U.K. has caused London's luxury home market to wobble, with sales and prices falling in recent months. According to Beauchamp Estates, there has been a 13 percent drop in the number of deals for the sale of $20 million-plus homes in the capital between January and June compared to a year earlier. The company said 70 percent of the vendors of these high-end homes were non-doms moving overseas to places such as Miami, Dubai, Milan and Monaco. "The top of the market has lost momentum—and much of that comes down to the government's stance on non-doms," Becky Fatemi, the executive partner at Sotheby's International Realty U.K., told Newsweek. "The message couldn't be clearer: International wealth isn't as welcome as it once was. Predictably, some of the biggest global buyers have backed off, pulling out of deals or funneling their money into more tax-friendly markets like Italy, Monaco, and Dubai," she added. That's left a noticeable hole in the high-end home market. "Trophy homes that once sparked bidding wars are now sitting—not because the appetite has vanished completely, but because buyers are more selective, price-sensitive, and wary," Fatemi said. "Deals are still happening, but they're slower, tougher, and take serious effort to get over the line. Behind every sale, there's a lot heavier lifting." But as the superrich leave London and slash prices on the properties they are leaving behind to attract new buyers, wealthy individuals who previously could not have afforded these luxury homes are finally swooping in—including many Americans. Why Are Wealthy Americans Seeking Properties in London? "Americans were never eligible for non-dom perks—the IRS taxes them globally, wherever they live—so the U.K.'s reforms are largely irrelevant," Fatemi said. "While other international buyers reassess, Americans are charging in. With Trump back in the White House, we're seeing a spike in U.S. clients who want out—not just for political reasons, but for lifestyle ones, too," she added. "London offers everything they want: relative stability, culture, top schools, and prime property that still looks like a bargain thanks to the strong dollar. These aren't speculative purchases; they're buying real homes, with real intent," Fatemi said. The London properties that wealthy Americans are buying are concentrated in some of the most expensive and exclusive neighborhoods in the city—such as Chelsea, Mayfair, Kensington, Notting Hill, Belgravia, St. John's Wood and Hampstead—according to data from Beauchamp Estates. They include homes averaging 9,230 square feet and apartments spreading over an average 5,397 square feet—notably bigger properties than those purchased in 2024. For Beauchamp Estates, this means that buyers are looking at these homes as primary residences "with lateral space and long-term livability." Rising living costs and growing crime rates in the U.S., combined with political uncertainty and tax-driven wealth increases, are behind the surge in interest for London's luxury homes among American buyers, according to Beauchamp Estates. Even with a softer dollar, "the pound is still weak compared to pre-Brexit days, and prime prices haven't rebounded to 2014 levels, so there's value on the table" for American homebuyers, Fatemi said. "But the bigger driver is mindset. When someone's ready to leave the U.S.—for politics, lifestyle, or a sense of security—they're not waiting for the perfect exchange rate. They want somewhere livable, stable, and globally connected. London ticks every box," she said. "Currency helps, but it's not the full story. What we're seeing is a deeper, more personal shift, and it's not going anywhere."


Boston Globe
an hour ago
- Boston Globe
Thailand and Cambodia reach Trump trade deals, US official says
Thailand and Cambodia were both facing a potential tariff rate of 36% on their goods to the United States, which is one of the largest export markets for both countries. They have been rushing to avert the steep tariffs before a deadline Friday, especially after neighboring Indonesia and the Philippines secured rates of 19% and Vietnam 20%. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The senior Cambodian official involved in the negotiations said Cambodia would be pleased if the rate was 15%. The official said that Prime Minister Hun Manet had asked Trump for 'a good tariff so we can rebuild our economy because Cambodia had been at war for decades and only obtained peace in 1998.' Advertisement Trump 'acknowledged and understood,' said the official, citing information from Hun Manet. As part of the deal, Cambodia has offered to improve market access to American goods and buy 10 Boeing planes, with the option to buy 10 more, according to the official. Advertisement On Saturday, Trump said he told the leaders of Thailand and Cambodia that he would stop negotiating with them on trade if they did not agree to a ceasefire. After a truce was reached in Malaysia on Monday, Trump called the leaders of both countries and told his trade team to restart talks. Pichai said negotiators had proposed to the Trump administration 'conditions acceptable to Thailand, with the goal of protecting the country's best interests.' This article originally appeared in


NBC News
2 hours ago
- NBC News
China probes Nvidia over AI chip 'tracking' security risks
While Nvidia has been given assurances by Washington that it will be allowed to resume exports of its made-for-China H20 general processing units, the AI chips may be met with increased scrutiny from Beijing. According to the Cyberspace Administration of China, Nvidia met with Beijing officials on Thursday regarding potential national security concerns posed by its H20 chips, which recently saw restrictions on their export lifted following an effective ban in April. Nvidia was requested 'to clarify and submit relevant supporting documentation regarding security risks, including potential vulnerabilities and backdoors, associated with its H20 computing chips sold to China,' according to a CNBC translation of a statement from CAC. In a post, the regulator said that Nvidia's computing chips were reported to have serious security vulnerabilities, also noting calls from U.S. lawmakers for mandatory tracking features to be placed on advanced chips exported from the country. In its statement, CAC added that American AI experts had already revealed that Nvidia's computing chips pose mature 'tracking and positioning' and 'remote shutdown' technologies. The statement appears to be referencing a report from Reuters in May that said Bill Foster, a Democrat lawmaker from Illinois, was planning to introduce legislation that would require advanced AI chipmakers like Nvidia to include a built-in location reporting system. Forester, who once worked as a particle physicist, and independent technical experts reportedly agreed that the technology to track chips was readily available, with much of it already built into Nvidia's chips. Forester's bill would also seek to give U.S. authorities the power to remotely shut down chips being used without proper licenses, in a measure to fight chip smuggling and export loopholes. Nvidia did not immediately respond to a request for comment from CNBC. In recent weeks, many American lawmakers have also taken issue with the reported rollback of restrictions on Nvidia's H20 chips, warning they will advance Beijing's AI capability. This week, Nvidia reportedly placed orders for 300,000 H20 chipsets with contract manufacturer TSMC as it seeks to meet Chinese demand.