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States Sue to Block H-1B Visa Fee The attorneys general of 20 states, led by California and Massachusetts, filed a federal lawsuit aimed at blocking the Trump administration’s new $100,000 fee...
Florida House Speaker Daniel Perez (R) unveiled a two-bill healthcare package aimed at aligning the state with President Trump’s new federal framework. HB 693 would tighten eligibility for Medicaid...
President Donald Trump has waded into one of the most pressing and prevalent issues in state capitols these days: regulating artificial intelligence. In early December, the president said on his Truth...
Federal Government’s Penny Pinching Could Spur States to Set New Rounding Rules for Cash Sales Retailers are pushing for national rules to allow businesses to round cash sales to the nearest nickel...
OH Gov Vetoes Bill to Expand Youth Work Hours Ohio Gov. Mike DeWine (R) vetoed a bill ( SB 50 ) that would have allowed 14- and 15-year-olds to work until 9 p.m. year-round. DeWine said in his veto message...
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Massachusetts’ top appellate court upheld a first-in-the-nation rule holding broker-dealers to the same standard as investment advisers, which had been challenged by brokerage app provider Robinhood LLC. The ruling could support efforts by states like Nevada and New Jersey to promulgate regulations that go beyond U.S. Securities and Exchange Commission rules regarding the broker-dealer industry. (LAW360)
Farmers Insurance said it is letting go of about 2,400 employees, roughly 11% of its workforce. The company, one of the nation’s largest providers of auto, home and small business insurance, said it was streamlining its organizational structure to position itself better for profitability long-term, but the layoffs come pullbacks in Florida’s and California’s homeowners insurance markets in recent months. (INSURANCE JOURNAL)
The U.S. Court of Appeals for the DC Circuit ruled that the U.S. Securities and Exchange Commission erred in refusing to allow cryptocurrency investment firm Grayscale to convert its bitcoin trust into an ETF. The court said: “The Commission failed to adequately explain why it approved the listing of two bitcoin futures ETPs but not Grayscale’s proposed bitcoin ETP.” (CNBC)
—Compiled by SNCJ Managing Editor KOREY CLARK
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