By Melanie Waddell July 16, 2024 at 01:29 PM DOL’s argument that ERISA authorizes DOL to go beyond common law ignores the 2018 decision, insurance groups say. Insurance trade groups told a federal court in Texas on Friday that the Labor Department’s new fiduciary rule should be halted because DOL exibited “outright defiance” of the
(Reuters) – Canada’s TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 billion from the U.S. government for the cancellation of its Keystone XL project. The pipeline operator had submitted a formal request for arbitration under the North American Free Trade Agreement (NAFTA) in
For tax professionals, the year’s midpoint provides an appropriate time to reflect on developments thus far — and between Supreme Court cases, congressional legislation, and agency pronouncements, this year may well be more eventful than most. By the end of the year we will have a clearer view of the overall picture. In the meantime,
By Jeffrey M. Verdon, Esq., Kiplinger Consumer News Service (TNS) Digital assets, like Bitcoin, have provided a new asset class for investors and traders, minting new millionaires in the process. Cryptocurrencies, DeFi and stablecoin staking, non-fungible tokens (NFTs) and other digital assets have given high-net-worth investors diversification, enhanced liquidity and the potential for significant appreciation
British solar heat and power scale-up Naked Energy announced today that it has raised £17 million (USD$22 million) of new equity funding as part of a Series B first close, aimed at accelerating the company’s global expansion and the adoption of its solutions to decarbonize heat. Founded in 2009, Naked Energy provides high energy density
A Houston company that’s creating the next generation of space exploration technology is celebrating a new milestone of one of its technologies. Intuitive Machines reports that its VR900 completed a full-duration hot-fire test, qualifying it for its IM-2 lunar mission. With the qualification, the company says its VR3500, an engine designed for larger cargo class
Brown Advisory has applied to launch the WMC Japan Equity fund, according to a recent filing with the Securities and Exchange Commission (SEC). The proposed fund would be solely subadvised by Wellington Management Company. The fund, which has yet to list tickers for individual or institutional shares, lists Wellington’s Katsuhiro Iwai as PM. According to
Andrii Yalanskyi The strategy pursues an attractive level of current income by owning a core-plus bond portfolio with a significant allocation to green/sustainable bonds that further climate and sustainability goals. Market Review Federal Reserve rate policy continues to drive returns U.S. economic growth slowed during the quarter as consumer spending, building permits and housing starts
Town buys EnergyUnited property; concert on the grass Saturday Published 11:30 am Tuesday, July 16, 2024 By Jeanna White Word Master Media Group There will be a concert Saturday evening featuring Envision on the grassy area owned by The Town of Mocksville at Sanford Avenue and Salisbury Street. You read that right. The town now
Gallagher report highlights how insurance policies can respond to global protests and civil unrest, urging proactive risk mitigation. Amid increasing global protests and civil unrest, organizations should understand how their insurance coverage can be utilized and to take proactive measures to mitigate potential risks, according to an analysis by Gallagher. More than 100 college campuses