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Michelle Obama isn't running for president in 2024. The former first lady's office says she's backing Joe Biden and Kamala Harris' reelection campaign. On Tuesday, the former first lady's office told NBC that "she will not be running for president." "Mrs. Obama supports President Joe Biden and Vice President Kamala Harris' reelection campaign," said Obama's communications director, Crystal Carson. In 2019, Obama told The National there was "zero chance" of her running.
Persons: Michelle Obama, Joe Biden, Kamala Harris, Biden, , Obama, Crystal Carson, Michael Cembalest, Cembalest, hasn't, Gavin Newsom, It's, Donald Trump, Nikki Haley, Trump, Jay Shetty Organizations: Democratic, Service, White, NBC, JPMorgan Asset Management, Democratic National Committee, Super, MSNBC, California Gov, GOP Locations: Washington and Vermont
California Governor Gavin Newsom said as a result of the plan, "half of all heavy duty trucks sold in CA will be electric by 2035." The California Air Resources Board (CARB) had sought waivers from the Clean Air Act to set heavy-duty vehicle and engine emission standards. CARB has noted heavy-duty vehicles greater than 14,000 pounds comprised 3% of vehicles on California roads, but account for more than 50% of nitrogen oxides and fine particle diesel pollution. In December, the EPA finalized new emissions standards to drastically cut smog- and soot-forming emissions from heavy-duty trucks. Transportation is the largest source of U.S. greenhouse gas emissions, making up 29% of emissions, and heavy-duty vehicles are the second-largest contributor, at 23%.
New state laws banning products with “forever chemicals”—from carpets and fast-food wrappers to ski wax—are taking effect as momentum grows nationally to get rid of substances that accumulate in human bodies and are linked to serious health problems. As of this month, Maine has banned the sale of residential carpets with long-lasting chemicals known as PFAS and became the first state to require companies to report products that contain the chemicals. In Washington and Vermont, companies can no longer sell or use food packaging, such as wrappers and pizza boxes, that contain them. Vermont’s ban on ski waxes with the chemicals begins in July.
REUTERS/Dado Ruvic/IllustrationSept 26 (Reuters) - Eight U.S. state regulators on Monday charged cryptocurrency lender Nexo Group for allegedly failing to register its Earn Interest Product, as authorities crackdown on digital asset platforms rocked by a crypto winter in recent months. "Since the SEC guidance on earn products in February 2022, Nexo has voluntarily ceased the onboarding of new U.S. clients for our Earn Interest Product as well as stopped the product for new balances for existing clients," the company said in an emailed statement. Nexo's interest accounts offered under the product promise an annual interest rate as high as 36%, according to California's Department of Financial Protection and Innovation. The regulatory clampdown comes in the midst of a crypto winter that has seen crypto prices have plummet this year as a risk-off sentiment and fears of a looming recession crushed risky assets, forcing some companies into bankruptcy. Register now for FREE unlimited access to Reuters.com RegisterReporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Eight states announced on Monday they're bringing actions against the crypto lending platform Nexo Group in connection with its unregistered, interest-bearing cryptocurrency product. The filings also state that Nexo misrepresented the accounts, and suggested to investors that they are a licensed and registered platform. These interest earning accounts, known as "Earn Interest Product," allowed investors to deposit assets with Nexo in exchange for earning yields as high as 36% on their deposits. Celsius, which offered similar interest-bearing accounts, filed for bankruptcy this summer after freezing customer funds in June. The orders states filed further prevent Nexo from offering this product to residents until it meets the necessary registration requirements.
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