DIRS.INFO The most relevant business & tech news

☆ A Tesla owner says she made a 9-day rural road trip through a town without an EV charger by trickle charging from an outlet at an abandoned gas station
▼ + stars: | 2023-08-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Kathleen Goforth went on a 9-day road trip to the Carrizo Plain National Monument, California. Kathleen Goforth said she took her Tesla Model Y on a 9-day road trip through a rural area and had to get creative at one point when it came to charging. "There are no services within or anywhere near the Monument – no food, water, gas stations, and, certainly, no EV charging stations. Earlier this year, another Tesla owner said he faced some "hiccups" on a 6,392-mile road trip but that he ultimately found the carmaker's Autopilot driver assist feature to be a "lifesaver." A Hyundai Ioniq 5 EV owner previously told Insider that successful EV road trips needed to be properly plotted out.

Persons: Kathleen Goforth, Goforth Organizations: Morning, Tesla, EV, Department of Transportation, Kia EV Locations: Carrizo, , California, San Luis Obispo County , California, California

The crypto industry is in a tug-of-war with the SEC and its Democratic chair Gary Gensler, who has described the crypto market as a "Wild West" riddled with fraud. Saying most crypto tokens are securities, the SEC has cracked down on crypto trading platforms, including the top U.S. exchange Coinbase, in an effort to bring the industry under its oversight. Crypto firms have long disputed the SEC's jurisdiction but until Thursday no court had supported that view. The two sources, for example, said firms are considering ways to use the Judge's ruling for their defense. However, she also ruled Ripple's direct sales of XRP to investors should have been registered as securities, handing the SEC a partial victory.

Persons: Coinbase, Gary Gensler, Robert Frenchman, Mukasey Frenchman, Analisa Torres, XRP, Crypto, Teresa Goody Guillén, Spokespeople, Binance, Carol Goforth, Stuart Alderoty, Philip Moustakis, Jody Godoy, Chris Prentice, Hannah Lang, Tom Hals, Michelle Price, David Gregorio Our Organizations: U.S . Securities, Exchange Commission, SEC, Ripple Labs, Democratic, Mukasey Frenchman LLP, San Francisco, U.S, District, Baker, Hostetler, University of Arkansas, Reuters, Circuit, Seward, Washington , D.C, Thomson Locations: Mukasey, New York, Washington, New York , Connecticut, Vermont, Washington ,

July 14 (Reuters) - Cryptocurrency companies that have resisted U.S. regulatory oversight, arguing digital assets are not securities, won a court victory this week. The SEC sued Ripple for conducting an unregistered offering of $1.3 billion in XRP between 2013 and 2020. The regulator has brought more than 100 enforcement actions against crypto companies, claiming digital assets are securities. Securities, unlike assets such as commodities, are strictly regulated and require detailed disclosures to inform investors of potential risks. Before the Ripple decision, judges in the few cases decided in court agreed with the SEC that specific crypto assets were securities.

Persons: Analisa Torres, Ripple, Torres, Coinbase, Howey, Carol Goforth, Goforth, Jody Godoy, Tom Hals, David Gregorio Our Organizations: Labs, U.S, District, U.S . Securities, Exchange Commission, The SEC, SEC, Industry, Supreme, Securities, University of Arkansas, Thomson Locations: New York, XRP, U.S, Solana, Cardano, Florida, Wilmington , Delaware

☆ Alaska and West Virginia have the worst economies of all US states and are more at risk of recession, study finds
▼ + stars: | 2023-07-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Michelle Mishina for InsiderHawaii received 145 out of 360 points in CNBC's 2023 economy score. Getty ImagesConnecticut and Iowa both received 141 out of 360 points in CNBC's 2023 economy score. North DakotaDenis Tangney Jr./GettyNorth Dakota received 108 out of 360 points in CNBC's 2023 economy score. Tim Graham/Getty ImagesRhode Island and West Virginia both received 99 out of 360 points in CNBC's 2023 economy score. sarkophoto/iStock/Getty Images PlusAlaska was found to have the worst economy in the US, with a score of 57 out of 360 points.

Persons: Michelle Mishina, Jonathan D, Dakota Denis Tangney Jr, Richard T, Tim Graham Organizations: CNBC, Service, Hawaii, Iowa State Capitol, Getty Images, . New, Getty, Dakota, Getty Images Mississippi, Alaska Train Locations: Florida, Texas, Alaska, West Virginia, Wall, Silicon, States, Florida , Texas, North Carolina, Hawaii Kauai, CNBC's, Connecticut, Iowa, Getty Images Connecticut, ., . New Hampshire, Littleton , New Hampshire, Hampshire, Louisiana New Orleans, Goforth Louisiana, Dakota, . Mississippi Gulfport , Mississippi, Rhode Island, West Virginia New England, Rhode, Fairbanks , Alaska

But the Coinbase case will be the biggest test yet of the regulator's jurisdiction over the industry. To argue that crypto assets are securities, the SEC has relied on a U.S. Supreme Court case from 1946. WHAT MAKES A CRYPTO ASSET A SECURITY? In the few cases that have been decided in court, judges have agreed with the SEC that specific crypto assets are securities. The SEC has alleged in the Coinbase case that 13 different digital assets sold on the platform are securities.

Persons: Binance, Coinbase, Howey, XRP, Carol Goforth, Goforth, Brian Armstrong, Jody Godoy, Tom Hals, Nick Zieminski, Lisa Shumaker Organizations: SEC, Securities, Exchange Commission, European Union, Supreme, Ripple Labs, University of Arkansas, Twitter, Thomson Locations: U.S, Manhattan, Solana, Cardano, Florida, XRP, New York

☆ Man gets death for killing Texas agency’s first Sikh deputy
▼ + stars: | 2022-10-27 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

HOUSTON — A man was sentenced to death Wednesday for the fatal 2019 shooting of a law enforcement officer who was the first Sikh deputy in his Texas agency. A Harris County jury deliberated for about 35 minutes before returning the death sentence for Robert Solis, 50, after convicting him of capital murder on Oct. 17 in Harris County Sheriff’s Deputy Sandeep Dhaliwal’s killing. That makes him the worst of the worst, which is why we asked jurors to sentence him to death,” Harris County District Attorney Kim Ogg said in a statement. Harris County Sheriff's Deputy Sandeep Dhaliwal, center, grieves at a memorial for Deputy Darren Goforth in Houston in 2015. “Deputy Dhaliwal was a pillar of this community, and when it came to law enforcement, he set the bar,” Warren said.

Search resuls for: "Goforth"

6 mentions found