National News

Business Lobby Struggles to Thwart SEC Cybersecurity Disclosure Rules

Business lobbyists are struggling to soften new US Securities and Exchange Commission rules that require publicly traded companies to quickly disclose cybersecurity breaches. The Justice Department is planning to issue guidance by December on how firms can get exemptions fromthe …

Tesla Investors to Get About $12,000 Apiece in Musk’s SEC Deal

A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share …

Tornado Cash Founders Charged by US in Money Laundering Scheme

Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime …

US Sues SpaceX, Alleges Hiring Discrimination Against Asylum Seekers, Refugees

The U.S. Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum recipients and refugees in hiring. “The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees …

Conservative Attacks on Diversity Efforts in Corporate America Keep Coming

Before the US Supreme Court did away with affirmative action in college admissions, corporate America was bracing itself for attacks on its diversity, equity and inclusion efforts. They have begun — and there will likely be more to come. This …

Weather Extremes May Force More Farmers, Ranchers to Consider Costly Irrigation

The Texas ranch where Gilda Jackson trains and sells horses has been plagued by grasshoppers this year, a problem that only gets worse when the hatch quickens in times of heat and drought. Jackson watched this summer as the insects …

Judge Rejects Newsmax Bid to Narrow Smartmatic Lawsuit Over 2020 US Election

A Delaware judge on Wednesday rejected Newsmax Media’s bid to narrow the allegedly defamatory statements that the right-wing U.S. television network must defend in a lawsuit by voting machine company Smartmatic USA involving the 2020 presidential election. Smartmatic, whose U.S. …

People Moves: Hamann Named President of Hanover Small Commercial; Chilson Becomes Argo Surety President; Ryan Specialty Hires Conklin for Chief HRO

The Hanover Appoints Hamann President of Small Commercial The Hanover Insurance Group, Inc., headquartered in Worcester, Mass., appointed Charles (Chip) F. Hamann to president of small commercial. Hamann has over 35 years of industry experience and has been with The …

McDonald’s, CEO Must Face Ex-Security Executive’s Race Bias Claims

A federal judge in Chicago on Tuesday refused to dismiss a lawsuit accusing McDonald’s Corp. of pushing out a Black executive after he criticized CEO Chris Kempczinski for appearing to blame the parents of a girl shot in a McDonald’s …

Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement

Drugmaker Mallinckrodt said Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The agreement …

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