Monthly Archives: August, 2022

FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange – Regulation Bitcoin News

The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never meant otherwise, and...

B2B Insurance Market Is Booming Worldwide with CGI Insurance, Allstate, Berkshire Hathaway, Liberty Mutual – InsuranceNewsNet

New Jersey, USA -- (SBWIRE) -- 08/20/2022 -- Advance Market Analytics published a new research publication on "B2B Insurance Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In...

China sentences tycoon Xiao Jianhua to 13 years, fines Tomorrow Holdings $8.1 billion

A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in jail and fined his Tomorrow Holdings conglomerate 55.03 billion yuan ($8.1 billion), a record in China. Xiao and Tomorrow Holdings were charged with illegally siphoning away public deposits, betraying the use of...

Comparing Hagerty (NYSE:HGTY) & Tian Ruixiang (NASDAQ:TIRX)

Hagerty (NYSE:HGTY – Get Rating) and Tian Ruixiang (NASDAQ:TIRX – Get Rating) are both retail/wholesale companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership,...

Ex-principal gets $187K DOE gig despite insurance fraud arrest

A city principal convicted of car insurance fraud kept her employment with the Department of Education – and even got a fat raise – despite what school investigators called her “pattern of dishonesty.” The DOE gave Oneatha Swinton, the...
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