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#The Supreme Court won’t allow racial preferences at service academies, either

Admin3 years ago011 mins

The Supreme Court ruled earlier this year in Students for Fair Admissions v. Harvard that race-based college admissions are unconstitutional, overruling its precedent in Grutter v. Bollinger that upheld affirmative action in higher education admissions. Although the SFFA decision binds virtually all institutions of higher education, footnote four of the decision expressly excludes military service academies from the ruling, at least for now….

#5 challenges facing new Speaker Mike Johnson

Admin3 years ago010 mins

There is, finally, a Speaker. Rep. Mike Johnson (R-La.) ascended to the role Wednesday, three weeks and one day after eight GOP House members ignited chaos by ousting Rep. Kevin McCarthy (R-Calif.). Johnson got the unanimous support of his colleagues on the House floor, an achievement that proved impossible for Majority Leader Steve Scalise (R-La.),…

#Maine authorities investigating ‘active shooter events’ at multiple locations

Admin3 years ago05 mins

Maine authorities said multiple people were shot dead and dozens more wounded in a shootings Wednesday night at multiple locations. Law enforcement officials told The Associated Press that at least 16 people are dead and dozens injured, noting that the death toll is expected to rise. In a Facebook post, Maine State Police (MSP) said…

#These 9 Democrats voted against resolution backing Israel, condemning Hamas

Admin3 years ago015 mins

Nine House Democrats voted against a resolution on Wednesday that would’ve backed Israel and condemned militant group Hamas attack against the country earlier this month. In a 412-10-6 vote, the House chamber showed string support for Israeli allies after Hamas launched a surprise attack against the country earlier this month that left 1,400 Israeli citizens…

# Crypto firms have already breached new UK promo rules 221 times, says FCA

Admin3 years ago05 mins

Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too. Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in early October, says the country’s financial regulator. In an…

#UAW, Ford reach tentative labor agreement

Admin3 years ago07 mins

United Auto Workers (UAW) and Ford reached a tentative labor agreement Wednesday, the union announced, ending six weeks of strikes at the company. The four-year, tentative deal includes a 25 percent wage increase over the course of the contract, with 11 percent coming in the first year. Cost of living increases could lift the pay…

#Senate Republicans don’t know Mike Johnson — but they’re glad he’s Speaker

Admin3 years ago09 mins

Senate Republicans are relieved the House has a Speaker again — they just don’t know much about him. Asked if he knew newly installed Speaker Mike Johnson (R-La.), Sen. John Barrasso (Wyo.) responded, “No.” The No. 3 Senate Republican conceded that what he knows about Johnson is “just what I’ve read in the papers and in…

#Johnson brings pro-oil, climate-skeptical record to speakership

Admin3 years ago07 mins

Newly minted House Speaker Mike Johnson (R-La.), who won the gavel Wednesday after three prior Republican nominees failed to reach a majority, is a longtime ally of the oil industry and will be perhaps the most vocal skeptic of the scientific consensus on climate change ever to hold the speakership. Johnson, whose district includes the…

# BlackRock fined .5M by SEC for incorrect investment disclosure

# BlackRock fined $2.5M by SEC for incorrect investment disclosure

Admin3 years ago05 mins

The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August. The United States Securities and Exchange Commission has fined investment adviser BlackRock Advisors $2.5 million, accusing it of…

#Senate Democrat warns an Israeli ground invasion would ‘exacerbate’ conditions in Gaza

Admin3 years ago05 mins

Sen. Peter Welch (D-Vt.) said in a statement Monday that he has “grave concerns” about a potential ground invasion by the Israelis in Gaza as violence continues to grasp the region. “There is no doubt that an imminent ground invasion would be catastrophic for innocent Palestinians in Gaza and jeopardize urgent efforts to save hostages,”…