Farmers is ending some policies in the Sunshine State as insurers struggle with the rising costs of covering climate change-related damage. No one can agree on whom to blame.
Category: Regulation and Deregulation of Industry
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Crypto Industry Secures Early Victory in Legal Battle With Regulators
A judge ruled that the sale of the cryptocurrency XRP on public exchanges did not violate securities law.
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Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.
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Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach
Any such restrictions are expected to anger Beijing and will be the first test of the new channels of communication that the world’s two largest economies are trying to restore.
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Bank of America Fined $150 Million Over ‘Junk Fees’
The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
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Court Ruling Clears Path for Microsoft to Buy Activision
Microsoft could now complete its purchase of the video game giant as soon as this month, but it is still blocked from closing in Britain.
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Judge Rejects F.T.C. Delay of $70 Billion Microsoft-Activision Deal
Microsoft could now complete its purchase of the video game giant as soon as this month, but it is still blocked from closing in Britain.
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Blocked Rail Crossings Snarl Towns, but Congress Won’t Act
The industry has used its muscle to prevent federal, state and local governments from penalizing companies that park freight trains across roads for hours or days.
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When Trains Block a Road, Local Officials Have Few Options
The federal government has begun offering $3 billion for bridges and tunnels, but many local governments say they cannot take advantage of the money.
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Tracing Mining’s Threat to U.S. Waters
Environmental concerns are raised anew about potential contamination from Canadian open-mit mines flowing through the waterways into Montana’s lakes, harming fish.
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A Tiny Fish That Fuels a Healthy Atlantic Ecosystem Now Stirs Industry Debates
A mainstay of the commercial fishing industry, menhaden are the primary food source for all sorts of fish and birds along the Eastern Seaboard.