Monthly Archives: <span>May 2019</span>

Judge Dismisses Investors’ Claim Cboe Allowed Rigging of Stock Market ‘Fear Gauge’

A federal judge on Wednesday dismissed a lawsuit in which investors accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig Wall Street’s main gauge of future stock market volatility at their expense. U.S. District Judge …

8 Considerations for Buyers and Sellers of Insurance Agencies

Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger agency transactions, there are …

7 U.S. Exchanges Face Investors’ Claims for Favoring High Frequency Traders

A Manhattan federal judge has ordered seven U.S. stock exchanges to face proposed class-action claims that they defrauded ordinary investors by quietly enabling high-frequency traders to trade faster and at better prices. U.S. District Judge Jesse Furman on Tuesday said …

Officials Investigating 3 Intentional Fires Set in Mississippi City

Fire officials in a Mississippi city say three recent fires in the same neighborhood were intentionally set. Vicksburg Fire Chief Craig Danczyk tells WLBT a vacant apartment building went up in flames on Saturday. The second fire occurred at a …

Chicago Fitness Club to Pay $45K to Settle Sex Harassment Suit

A Chicago fitness club will pay $45,000 and provide other relief to settle a federal sex harassment and retaliation lawsuit brought The U.S. Equal Employment Opportunity Commission (EEOC) says an employee of Lakeshore Sport and Fitness filed a discrimination charge …

AM Best Assigns Credit Ratings to Centerline Property & Casualty of Tennessee

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Centerline Property and Casualty Insurance Co., headquartered in Knoxville, Tenn. The outlook assigned to these Credit Ratings is stable. The …

Jackson Sumner & Associates Adds Edmonds as HR/Office Manager in North Carolina

Jackson Sumner & Associates (JSA) has hired Laura Edmonds as human resources and office manager for the organization’s leadership team. Edmonds will helm all HR efforts including developing and communicating company policies and procedures to employees, managing the onboarding of …

Remembering Chernobyl As Nuclear Industry Seeks Role in Future of Sustainable Energy

A television series about the world’s worst nuclear accident is refocusing millions of viewers on atomic risks just as the industry struggles to gain traction in markets flooded with renewable power. Home Box Office Inc.’s mini-series “Chernobyl” is set to …

European Business Leaders’ Confidence Drops Over Brexit

Uncertainty over Britain’s departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday. Only 50% of European business leaders said they were confident about the …

Father Testifies in J&J Opioid Marketing Trial on Death of His College Football Star Son

Austin Box was a home-grown football star at the University of Oklahoma in 2010 when back surgery to repair an injury got him started on powerful opioid painkillers that would end his life at 22, his father testified through tears …