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The SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup

The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide by its rules. SEC Chair Gary Gensler said in an interview on Thursday (Dec. 22) that the agency’s patience is …

Southwest Cancels Thousands More Flights; U.S. Government Vows Scrutiny

Southwest Airlines Co. on Dec. 27 came under fire from the U.S. government after the low-cost carrier kept canceling flights due to harsh winter weather that grounded planes and disrupted holiday travel. U.S. airlines have canceled thousands of flights as …

U.S. FDA Weighs Regulating Cannabis Compound CBD in Food, Supplements

The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the Wall Street Journal reported Dec. 27, citing agency officials. After weighing the …

Lindberg’s Top Associate To Be Sentenced After Pleading Guilty to Fraud Charges

A top executive for embattled North Carolina insurance executive Greg Lindberg is awaiting sentencing after pleading guilty to federal fraud charges in connection with an elaborate scheme to shunt millions of dollars from Lindberg’s insurance companies. Christopher Herwig, a chief …

Extreme Heat in Florida: Miami-Dade Has a Plan

You’re not imagining it: Miami-Dade County has gotten hotter in the last fifty years, a trend that’s set to continue if climate change remains unchecked. That’s more than a discomfort for residents in South Florida, where more people work outdoors …

Polar Park Construction Manager Pays $1.9M Over Minority Hiring Pledge

The company that oversaw the construction of a minor league baseball park in Massachusetts has agreed to pay nearly $2 million to settle allegations that it failed to live up to its pledge of giving a certain portion of the …

Judge Permits Claim for Business Lost While Helping Clients Recover From Data Breach

A federal judge has dismissed a complaint leveled against an insurer alleging bad faith in the handling of a data breach claim but has advanced the underlying dispute of whether the insured suffered business interruption losses from the breach. Judge …

Grohs Schrager Hampson Aviation Acquires New Jersey’s Wings Agency

Grohs Schrager Hampson Aviation Insurance reports that it acquired Wings Agency of Hainesport, New Jersey on December 22, 2022. Wings Agency was founded by Hobart “Bud” Montee over half a century ago. His daughter, Jenny Heins, took over the firm …

Deep Freeze Breaking of Pipes in Deep South Threatens Water Systems

JACKSON, Miss. (AP) — Days of freezing temperatures in Deep South areas that usually freeze for only hours are threatening dozens of water systems as burst pipes leak millions of gallons of water. The problems were happening Monday in large, …

Missouri Men Sentenced in Catalytic Converter Theft Ring

SPRINGFIELD, Mo. (AP) – Three Missouri men have been sentenced for their roles in the theft of tens of thousands of stolen catalytic converters, which were taken to an Arkansas business as part of a multi-million-dollar scheme. Evan Marshall, 25, …

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