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No injuries or fatalities from the highway collapse have been reported. But it remained unclear whether anyone was caught in the burning commercial tanker truck, which was carrying a petroleum-based product. The truck was still trapped under the collapsed highway Sunday afternoon, Pennsylvania Gov. Kena Betancur/AFP/Getty ImagesThe commercial tanker truck caught fire around 6:20 a.m., causing a section of the overhead northbound I-95 highway to collapse atop the truck, authorities said. “In order to accommodate travel through the city and region following the I-95 collapse, SEPTA will provide added capacity and Service.

Persons: Josh Shapiro, ”, Mike Carroll, “, ” Shapiro, Brendan Boyle, Pete Buttigieg, Buttigieg, Kena Betancur, Jeffrey Thompson, Crews, Carroll, ” Carroll, Leslie Richards, Mark Fusetti, ” Fusetti, CNN’s Jim Acosta, Derek Bowmer, Bowmer, ” Bowmer, Joe Biden, Karine Jean, Pierre, Shailen Bhatt, Brendan Riley, ” Riley Organizations: CNN —, East, Pennsylvania, Pennsylvania Department of Transportation, ”, Democrat, CNN, Firefighters, Getty, Philadelphia Fire Department, Southeastern Pennsylvania Transportation Authority, SEPTA, Fox Chase Lines, Philadelphia Fire Department Battalion, White, Federal Highway Administration, . Philadelphia Fire Department, AP Coast Guard, US Coast Guard, Coast Guard, Philadelphia Water Department, Department of Environmental Locations: Philadelphia, detours, AFP, Trenton, West Trenton

☆ Can Christie Succeed as ‘Trump Slayer’? New Jersey Has Thoughts.
▼ + stars: | 2023-06-05 | by ( Tracey Tully | ) www.nytimes.com time to read: +1 min

Any race that pits Mr. Christie against Mr. Trump is bound to be especially personal. Mr. Trump seemed to find joy in belittling Mr. Christie from the White House; Mr. Christie blamed Mr. Trump for giving him a bout of Covid that left him gravely ill and hospitalized. In interviews with New Jersey voters, Mr. Christie’s assets and liabilities were repeatedly described as two sides of the same coin. And to Trump loyalists who might prefer that Mr. Christie retreat permanently to his beach house in Bay Head, it was much the same refrain: He is not Mr. Trump. After dropping out of the 2016 presidential contest, Mr. Christie became one of Mr. Trump’s biggest boosters.

Persons: Christie, Mr, Trump, “, ” David Philips, ” Mr, Philips Organizations: New, Democrats, Trump Locations: New Jersey, Bay, Trenton

The company has denied that its talc contains asbestos, which is linked to mesothelioma, or causes cancer. J&J in a statement on Wednesday said it "deeply sympathizes with anyone suffering from cancer and understands they are looking for answers. It is the company's second attempt to resolve talc claims in bankruptcy, after a federal appeals court rejected an earlier bid. Still, the outcome of the trial could influence whether other plaintiffs decide to join in the proposed settlement. J&J and LTL have argued bankruptcy delivers settlement payouts more fairly, efficiently and equitably than a “lottery” offered by trial courts, where some litigants get large awards and others nothing.

Persons: Johnson, Emory Hernandez, Joseph Satterley, Hernandez, Satterley, J, Michael Kaplan, LTL, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Johnson, Wednesday, LTL Management, LTL's, Thomson Locations: Alameda County , California, Trenton , New Jersey, New York

☆ Should I Choose My Home State’s 529?
▼ + stars: | 2023-05-26 | by ( ) www.wsj.com time to read: +5 min

Why your home state’s 529 can make senseThere are several reasons college savers usually prefer to use their home state’s 529 plan. What to know about Pennsylvania’s 529Pennsylvania’s 529, known as the PA 529 College and Career Savings Program, is quite good by all accounts. A big reason: Pennsylvania residents who fund the in-state 529 plan are eligible for a number of valuable benefits through the state’s SAGE Scholar Program, which aims to help Pennsylvania families afford higher education. The program lets participants earn points that translate into an annual reward of up to 10% on the account value of your Pennsylvania 529. But don’t sweat it if you can’t contribute as much as you’d like to your child’s 529 plan every year.

☆ How the New York City metro area's slow legal weed rollout created a boom in 'gray' market cannabis shops
▼ + stars: | 2023-05-15 | by ( Christian Nunley | ) www.cnbc.com time to read: +2 min

The push for legal, recreational marijuana is sweeping across America. The recreational marijuana market is a high-stakes affair. The national cannabis market is estimated to reach $71 billion in sales by 2030, according to data from research firm New Frontier. And the New York state market alone could make up 10% of that, the data forecasts. Watch the video above to find out how the legal cannabis rollout is going in the most populous metropolitan area in the United States, how the push for legal weed is attracting a new class of entrepreneurs and how anti-marijuana activists are trying to slow the fast pace of legal cannabis adoption.

☆ Passengers voted to kick an unruly woman off of a Frontier Airlines flight, TikTok videos show
▼ + stars: | 2023-05-04 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Videos shared on TikTok show several passengers in a shouting match on a Frontier Airlines flight. Passengers then voted to eject a third person — who also appeared to be escorted off the plane. Videos shared on social media appear to show a woman being voted off of a plane on Monday after several passengers got into a shouting match on board a Frontier Airlines flight from Trenton, New Jersey, to Atlanta, Georgia. The footage, posted to TikTok by Lanais Li, a passenger on the flight, shows an argument between a couple, a flight attendant, and a woman sitting a few rows back, with other passengers intermittently getting involved. She later accused the passenger of having antagonized her by making remarks throughout the flight, the video shows.

U.S. Bankruptcy Judge Michael Kaplan put most of the litigation temporarily on hold during a hearing in Trenton, New Jersey. J&J says it has broad support for a proposed $8.9 billion settlement, a contention disputed by lawyers representing tens of thousands of talc claimants who oppose it. “I have more questions than answers,” Kaplan said during a Thursday court hearing, referring to arguments made to him about the second bankruptcy case earlier this week. The judge halted roughly 38,000 talc lawsuits consolidated in a federal district court in New Jersey. With regard to other cases, he allowed them to proceed so long as no trials commence.

☆ U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits
▼ + stars: | 2023-04-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson 's baby powder and other talc products caused cancer. Amid the ongoing legal fights, J&J has continued to deny the allegations that its talc products caused cancer. The suits allege J&J's talc products were contaminated with the carcinogen asbestos, which caused ovarian cancer in thousands of individuals. Some lawsuits link several deaths to J&J's talc products.

LTL has said litigation against J&J would imperil its effort to negotiate a comprehensive settlement of all current and future talc claims in its bankruptcy. Before the talc lawsuits could resume, LTL filed for bankruptcy a second time, re-opening the legal battle over the bankruptcy's legitimacy. It has said its second bankruptcy is different because it has less funding available and more plaintiff support for a settlement. U.S. Bankruptcy Judge Michael Kaplan agreed to protect J&J from lawsuits during LTL's first bankruptcy, saying at the time it offered the best way to fairly resolve all of the talc lawsuits together. Kaplan, who is also presiding over the second bankruptcy, will now decide whether to stop the lawsuits again to give LTL a second shot at a bankruptcy settlement.

Kaplan said he shared Richenderfer's concerns, but would not take any action to stop LTL's second bankruptcy filing until he gets more information. J&J faces more than 38,000 lawsuits that have been consolidated in federal court in New Jersey alleging that its talc products sometimes contained carcinogenic asbestos, and those cases have been on hold while LTL pursues a bankruptcy settlement. J&J has said its baby powder and other talc products are safe, do not cause cancer or contain asbestos. LTL attorney Greg Gordon said at Tuesday's court hearing that the second bankruptcy is different because the company has fewer assets available and more support for a bankruptcy settlement. Gordon called that an "over the top accusation," saying plaintiffs' support for the settlement is real and substantial.

☆ Don't make America Florida, make it New Jersey instead, Democratic Gov. Phil Murphy says
▼ + stars: | 2023-04-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Phil Murphy is pitching his home state of New Jersey as a model for America. He sat down with Insider in Florida, criticizing the state's policies under DeSantis. As head of the Democratic Governors Association, he wants blue states to be a contrast to red states. Ron DeSantis of Florida hasn't been subtle about selling his vision of what America should be. Phil Murphy is urging voters to look much further north on the East Coast, to New Jersey.

☆ Early retiree says reading these 8 books helped him save $1 million: ‘I wasn’t born into money'
▼ + stars: | 2023-03-14 | by ( Steve Adcock | ) www.cnbc.com time to read: +3 min

This book was originally published in 1996, but the basic money principles can still be applied today. For example, many experts recommend brewing your coffee at home to save money, but not Sethi. In fact, he teaches readers to uncover their "rich life" by spending lavishly on things they care about while cutting back on what doesn't matter. Money expert Morgan Housel explores the psychological side of finance in a clever and non-judgmental way. "Your Money or Your Life: 9 Steps to Transforming Your Relationship With Money and Achieving Financial Independence"

☆ I'm an EPA worker who's responded to more than 100 toxic spills and chemical fires, and I'll never forget one that got my adrenaline going
▼ + stars: | 2023-02-28 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Kelly worked on disasters like the BP oil spill and lead drinking-water crisis in Flint, Michigan. I'm one of the 220 emergency responders that the EPA has across the country who's on call when there's a major oil spill or chemical fire, like after the train derailment in East Palestine, Ohio. There are also smaller events, like fires at oil refineries and paper mills and hazardous waste left behind by mines. EPA on-scene coordinators sample air, water, and buildings for toxic chemicals to determine public-health risks. Brian KellyThe EPA issues an enforcement order to the companies responsible for a spill or fire to take over the cleanup.

☆ They were convicted for marijuana. Now they’re first in line to sell it legally
▼ + stars: | 2023-02-17 | by ( Stefan Sykes | ) www.cnbc.com time to read: +8 min

Stefan Sykes for CNBCTRENTON, N.J. – Tahir Johnson has been arrested for marijuana possession three times. Stefan Sykes for CNBCA conditional license is a provisional license that allows awardees to begin operating while they fulfill requirements for an annual license. Stefan Sykes for CNBC"The generational wealth this will create for my family is surreal," he said. He's sold marijuana since he was Stefan Sykes for CNBCIn Trenton, African Americans represent nearly half of the city's population. Stefan Sykes for CNBC

J&J maintains its talc products are safe. U.S. Bankruptcy Judge Michael Kaplan was set to preside over the hearing for the subsidiary, called LTL Management, in Trenton, New Jersey. In October 2021, J&J offloaded the tidal wave of talc lawsuits it faced onto one of its newly created units, LTL, which then declared bankruptcy. Reuters last year detailed the secret planning of Texas two-steps by Johnson & Johnson and other major firms in a series of reports exploring corporate attempts to evade lawsuits through bankruptcies. LTL declared bankruptcy while J&J avoided seeking Chapter 11 protection, with all its inherent financial and reputational wreckage.

☆ Insurers Say Cyberattack That Hit Merck Was Warlike Act, Not Covered
▼ + stars: | 2023-02-08 | by ( Richard Vanderford | ) www.wsj.com time to read: +6 min

The Merck case has attracted attention, and not just for the amount at stake or because it touches on cyberattacks, a growing risk to businesses of all sizes. “The United States didn’t say ‘NotPetya is an act of war against the United States and we’re going to launch a military response,’” Mr. Mosier said. The insurers appealed after a lower court judge sided with Merck in 2021. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. PREVIEWMore broadly, APCIA argued that a win for Merck could jeopardize other similar exclusions that insurers rely on when drafting policies.

☆ U.S. court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: +3 min

J&J said it will challenge the Third Circuit's ruling and continue to seek a resolution of the lawsuits in bankruptcy court. The appeals court was urged to dismiss the bankruptcy petition by plaintiffs suing over the talc products. The cancer victims asked the appeals court to overrule a New Jersey bankruptcy judge who had allowed LTL's bankruptcy to continue. LTL's bankruptcy filing automatically stopped lawsuits from proceeding against it, and U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled in February that LTL's bankruptcy should also stop talc lawsuits from proceeding against parent company J&J. Kaplan said the bankruptcy court is better equipped to handle mass tort litigation than other courts.

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☆ US court rejects J&J bankruptcy strategy for tens of thousands of talc lawsuits
▼ + stars: | 2023-01-30 | by ( ) edition.cnn.com time to read: +3 min

J&J said it will challenge the Third Circuit’s ruling and continue to seek a resolution of the lawsuits in bankruptcy court. The appeals court was urged to dismiss the bankruptcy petition by plaintiffs suing over the talc products. The cancer victims asked the appeals court to overrule a New Jersey bankruptcy judge who had allowed LTL’s bankruptcy to continue. LTL’s bankruptcy filing automatically stopped lawsuits from proceeding against it, and U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled in February that LTL’s bankruptcy should also stop talc lawsuits from proceeding against parent company J&J. Kaplan said the bankruptcy court is better equipped to handle mass tort litigation than other courts.

Organizations: & $

☆ BlockFi says it repaid investor $15 mln to settle over crypto crash
▼ + stars: | 2023-01-09 | by ( Dietrich Knauth | ) www.reuters.com time to read: +3 min

Jan 9 (Reuters) - Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company's cratering equity value in summer 2022, the company's attorneys said Monday in bankruptcy court. The BlockFi investor threatened to sue, alleging that BlockFi and its executives should have been more transparent about contagion risks in the cryptocurrency market, according to Sussberg. BlockFi believed the investor's claims were "specious," but it reached a confidential settlement on Aug. 23 under which BlockFi executives repaid $15 million to the investor, Sussberg said. That loan gave FTX an option to buy BlockFi for $240 million, essentially setting a maximum value for existing equity. As the company's value plummeted, BlockFi laid off 20% of its employees.

☆ BlockFi makes first appearance in bankruptcy court
▼ + stars: | 2022-11-29 | by ( Dietrich Knauth | ) www.reuters.com time to read: +3 min

Nov 29 (Reuters) - U.S. cryptocurrency lender BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday. BlockFi is expected to tell U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey why it went bankrupt and how it plans to exit from Chapter 11. New Jersey-based BlockFi became the first direct casualty of crypto exchange FTX's collapse earlier this month. The company sold a portion of its crypto assets earlier in November to fund its bankruptcy, and it entered bankruptcy with $256.5 million in cash on hand. BlockFi's Chapter 11 plan envisages that BlockFi Wallet customers would be paid back in full and other account holders and creditors would receive a mixture of cryptocurrency, cash, and new equity shares.

☆ BlockFi Says It Is Different From FTX, Affirms Efforts to Return Customer Funds
▼ + stars: | 2022-11-29 | by ( Jonathan Randles | ) www.wsj.com time to read: 1 min

BlockFi Inc. told a U.S. bankruptcy court on Tuesday it was blindsided by cryptocurrency exchange FTX’s rapid demise and would work to repay creditors and allow customers access to their digital wallets as soon as possible. Jersey City, N.J.-based BlockFi, which secured a rescue loan from FTX in June to shore up its liquidity, reviewed unaudited FTX financial reports as part of due diligence it performed at the time of the transactions, said Joshua Sussberg, a lawyer for BlockFi, during its debut hearing in the U.S. Bankruptcy Court in Trenton, N.J. BlockFi filed for chapter 11 on Monday after the loan fell apart in the wake of FTX’s collapse earlier in November.

☆ BlockFi tells U.S. bankruptcy court it is 'the antithesis of FTX'
▼ + stars: | 2022-11-29 | by ( Dietrich Knauth | ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/IllustrationNov 29 (Reuters) - Lawyers for BlockFi, the first direct casualty of crypto exchange FTX's collapse, made their initial appearance in U.S. bankruptcy court on Tuesday, emphasizing that the U.S. cryptocurrency lender was "the antithesis of FTX." Sussberg went to great lengths to distance BlockFi from FTX, saying the company did not face the myriad issues apparently plaguing FTX. Sussberg said BlockFi also intends to seek a court ruling allowing customers in the BlockFi Wallet program to withdraw their funds during the bankruptcy case if they wish. "If it's in your wallet, it stays in your wallet," Sussberg said. Its Chapter 11 plan envisages that BlockFi Wallet customers would be paid back in full and other account holders and creditors would receive a mixture of cryptocurrency, cash, and new equity shares.

☆ NFL roundup: Joe Burrow helps Bengals get revenge vs. Steelers
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +10 min

Both of Herbert's touchdown passes were caught by Joshua Palmer, who finished with eight catches for 106 yards. Quarterback Marcus Mariota paced Atlanta's offense with 131 passing yards, a passing touchdown and a rushing touchdown. Hurts finished with 190 passing yards and 86 passing yards. Saints 27, Rams 20Andy Dalton threw three touchdown passes as host New Orleans defeated Los Angeles, which lost Matthew Stafford to a possible concussion. Kirk Cousins was ineffective in the passing game, totaling 105 yards through the air while completing 12 of 23 passes.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

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