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Strong Storms in Upper Plains and Midwest Damage Buildings, Cause Power Outages

Article 0 Comments Strong storms that brought hurricane-force winds to an area stretching from the Upper Plains to the Midwest have been preliminarily classified by the National Weather Service as a derecho, defined as a long-lived line of storms with extreme winds. The weather service’s Storm Prediction Center said Tuesday it made the determination based on local storm reports showing straight-line winds gusting well over 60 mph (97 kph) from South Dakota and into Iowa, Minnesota and western areas of Illinois and Wisconsin from late Monday into early Tuesday. A storm is classified as a derecho if its wind damage swath extends more than 240 miles (386 kilometers) and has wind gusts of at least 58 mph (93 kph) or greater along most of the length of the storm’s path. Many areas reported gusts of over 75 mph (121 kph). The highest reading appeared to be in northwestern Iowa just before 10 p.m. Monday, when a gust clocked at 99 mph (159 kph) was recorded at Sioux Center. The high winds tore down trees and tree limbs throughout the region, damaged some buildings and left thousands of customers without power by midday Tuesday. But the overnight derecho was not nearly...

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Cracks in the CAT: Court Rules Against SEC’s Massive Surveillance Tool — SEC Roundup

[embedded content]Welcome to SEC Roundup, a bimonthly video series by former Securities and Exchange Commission senior trial counsels Nick Morgan and Tom Zaccaro, founders of the nonprofit advocacy group Investor Choice Advocates Network. The SEC’s sweeping Consolidated Audit Trail (CAT) — a surveillance tool designed to track every U.S. trade down to the individual investor — just got a major reality check from the 11th Circuit Court of Appeals. In this episode, Morgan is joined by frequent co-host Jennifer Schulp, director of financial regulation studies at the Cato Institute, and Chris Iacovella, CEO of the American Securities Association, to break down what the court’s decision really means. Together, they discuss: How the CAT evolved from a post–Flash Crash idea into a sprawling surveillance regime Why the court struck down the SEC’s funding model as “arbitrary and capricious” The broader constitutional questions now looming over CAT and SEC rulemaking The potential implications for investor privacy, major questions doctrine, and ongoing litigation in other circuits As challenges to SEC authority mount, this case could reshape the agency’s ability to expand its surveillance footprint — and raise the stakes for how market regulation gets made in the first place. “Nothing changes for 60...

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12 Countries With the Most Millionaires: 2025

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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9 Ways to Escape the Inbox Black Hole

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

First Onsite doubles public support for animal disaster relief charity 0

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First Onsite doubles public support for animal disaster relief charity

Mississauga, ON (July 22, 2025) – First Onsite Property Restoration, Canada’s leader in disaster restoration, is pleased to announce a $10,000 matching donation to support rescued animals and recovery efforts at Happy Days Sanctuary in recognition of Pet Fire Safety Day. Happy Days was founded in response to the widespread pet displacement during the 2016 Fort McMurray wildfires. With extensive experience dealing with weather-related disasters such as wildfires, First Onsite has been a long-time supporter of the sanctuary, contributing through fundraising, awareness initiatives, and essential supplies. Almost 90,000 people were forced from their homes as the fire—nicknamed “The Beast”—went on to destroy 2,400 homes and businesses. As residents fled Fort McMurray with little notice, many pets were left behind. A small group of volunteers sprang into action, rescuing and reuniting these animals with their families. This grassroots effort eventually became Happy Days Sanctuary. Founded in 2018, the sanctuary has since grown into a year-round operation based on 14 hectares in rural Niagara, Ontario. Happy Days provides a permanent safe haven for feral and abandoned cats, dogs, and farm animals from across the country. While some animals are eventually adopted, many find lifelong sanctuary on the property. Weather-related catastrophes With weather-related catastrophes on the...

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Waymo to Launch Autonomous Ride-Hailing in Dallas in 2026

Article 0 Comments Alphabet’s GOOGL.O Waymo said on Monday it will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its U.S. expansion as electric vehicle maker Tesla TSLA.O pushes to grow its recently launched robotaxi business. After years of cautious growth, Waymo has recently increased its pace, launching in new cities through partnerships with ride-hailing platforms and fleet operators. In Dallas, Waymo will operate through a new multi-year partnership with car rental company Avis Budget Group CAR.O, which will manage fleet operations, including maintenance and depot infrastructure, Waymo said in a blog. Waymo currently serves more than 250,000 paid trips every week with about 1,500 vehicles in cities such as Phoenix, San Francisco, Los Angeles, and Austin. This year, Waymo began its service in Austin exclusively on the Uber platform, months before Tesla started a limited robotaxi trial in the city with about a dozen Model Y SUVs and a human safety monitor in the front passenger seat. Tesla CEO Elon Musk has said the company will rapidly expand its robotaxi services to other U.S. cities and is seeking regulatory approval from California, Nevada, Florida, and Arizona. Commercializing autonomous vehicles has been challenging, with several companies such...

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7 Signs Retirement Savers Are Losing Confidence

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Musk’s Geopolitical Influence Raises Concerns Among Regulators and Lawmakers

Article 0 Comments During a pivotal push by Ukraine to retake territory from Russia in late September 2022, Elon Musk gave an order that disrupted the counteroffensive and dented Kyiv’s trust in Starlink, the satellite internet service the billionaire provided early in the war to help Ukraine’s military maintain battlefield connectivity. According to three people familiar with the command, Musk told a senior engineer at the California offices of SpaceX, the Musk venture that controls Starlink, to cut coverage in areas including Kherson, a strategic region north of the Black Sea that Ukraine was trying to reclaim. “We have to do this,” Michael Nicolls, the Starlink engineer, told colleagues upon receiving the order, one of these people said. Staffers complied, the three people told Reuters, deactivating at least a hundred Starlink terminals, their hexagon-shaped cells going dark on an internal map of the company’s coverage. The move also affected other areas seized by Russia, including some of Donetsk province further east. Upon Musk’s order, Ukrainian troops suddenly faced a communications blackout, according to a Ukrainian military official, an advisor to the armed forces, and two others who experienced Starlink failure near the front lines. Soldiers panicked, drones surveilling Russian forces...

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7 Ways Advisors Can Define Themselves as Professionals

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

Triple-I Study Shows Whisker Labs Ting IoT Fire Safety Solution Reduces Fire Damage Claims 0

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Triple-I Study Shows Whisker Labs Ting IoT Fire Safety Solution Reduces Fire Damage Claims

Malvern, PA (July 21, 2025) – A new study conducted by the Insurance Information Institute (Triple-I) and Whisker Labs, with support provided by Octagram Analytics, has found IoT-based fire prevention technology reduced a broad category of non-catastrophic fire claims by an estimated 63% within three years after installation. The analysis, which represents the first comprehensive quantitative analysis of home IoT claims reduction efficacy, found that Ting – a home fire prevention solution created by Whisker Labs – resulted in 0.39 fewer fire claims per 1,000 home years of experience. This translates into a fire claim reduction benefit of $81 per customer per year by the third year. “As property/casualty insurers increasingly focus on predicting and preventing costly damage that drives up claims and premiums, this study provides concrete evidence of the value that telematics technology can deliver,” said Patrick Schmid, chief insurance officer at Triple-I. “While IoT solutions are gaining traction with many success stories, rigorous analysis of claims reduction has been harder to find until now. This analysis clearly shows Ting reduces claims and provides a positive return on investment for insurers.” How the Technology Works Ting helps protect homes from electrical fires by using advanced AI to detect...