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Massachusetts’ highest court hands a win to state-level securities regulation in Robinhood case

Published Tue, 05 Nov 2024 03:37:57 GMT

Massachusetts’ highest court ruled that the state does have the authority to enforce its own securities standards for brokerages in a “landmark” decision that has some observers hoping reforms will soon follow.“I am pleased and gratified that the Court has ruled that our Fiduciary Rule is an appropriate exercise of my authority under the Massachusetts Uniform Securities Act,” Secretary of the Commonwealth William Galvin said following the Friday ruling by the Supreme Judicial Court.“This landmark decision affirms the fiduciary duty of brokers to their customers and vindicates the role of my Securities Division to principally, but aggressively protect investors and police broker-dealer misconduct,” he continued.Galvin in 2020 filed a complaint against Robinhood, which offers trading via its website and mobile apps, complaining of the platform’s gamification of trading by advising customers, the SJC summarizes, “without considering whether those recommendations were in each cust...

X marks the spot: Trump returns to the former Twitter with a vengeance

Published Tue, 05 Nov 2024 03:37:57 GMT

Could former President Donald Trump be the X factor?He posted his Fulton County Jail mug shot on the former Twitter platform and it has gone viral with 200 million views, 1.4 million likes, 322,000 reposts, and endless comments. And that’s of presstime Friday eve.In a savvy marketing move, Trump links to his website — donaldjtrump.com — where he leans into his arrest and booking “at the notoriously violent jail in Fulton County, Georgia” and asks for donations from $24 to $3,300.Trump has been posting exclusively on his TruthSocial platform and emailing like crazy for years but appears to be pivoting back to Elon Musk’s X social media platform — especially after his debate-night interview with Tucker Carlson.Musk even pinned his comment under Trump’s X post saying “approximately 10 million views per hour of this image.” He’s referring to Trump’s mug shot on the former president’s old haunt @realdonaldtrump...

Clarke Schmidt’s dad flew Yankees to Tampa for Rays series: ‘It was awesome’

Published Tue, 05 Nov 2024 03:37:57 GMT

TAMPA — Delta Air Lines typically prefers that its pilots don’t interact with celebrity passengers too much on chartered flights.“You never want to have a pilot going up and saying, ‘Hey, can I get your autograph? Can I get this? Can I get that?’” Dwight Schmidt, a Delta pilot for 25 years, told the Daily News. “You don’t want to have those improprieties.”But the former Marine fighter pilot made an exception on Thursday when he flew the Yankees to Tampa for their series against the Rays. Dwight is the father of Clarke Schmidt, so most of the plane already recognized him before he boarded the aircraft.“It’s kind of a different dynamic because everybody knows me,” Dwight said. “I get on the airplane and everybody’s like, ‘Hey, Mr. Schmidt.’”Dwight actually flew the Yankees to Iowa for the Field of Dreams game in 2021, but his son was not on the major league roster at the time.“I...

Shohei Ohtani seeking second opinion on elbow as he faces the Mets: ‘It sounds like he’ll continue to hit’

Published Tue, 05 Nov 2024 03:37:57 GMT

Shohei Ohtani will continue to swing the bat until he’s told not to, or until he decides he can’t. Mike Trout, however, will not be active this weekend when the Los Angeles Angels face the Mets in a three-game set at Citi Field.The Angels were dealt two big blows this week. Ohtani, their two-way superstar, tore his ulnar collateral ligament in his right elbow in the first game of a doubleheader against the Cincinnati Reds on Wednesday. The right-handed pitcher/DH is seeking a second opinion and alternative treatments that could help him avoid having to undergo his second Tommy John surgery since 2018.Then, outfielder Trout went back on the injured list only one game after being activated. The three-time AL MVP and one of the faces of baseball missed most of July and August to rehab from hamate bone surgery in his left hand. The New Jersey native has struggled to stay on the field in recent seasons and an Angels organization that has been marred by dysfunction and bad dra...

Patriots top rookie Christian Gonzalez seemingly avoids serious injury

Published Tue, 05 Nov 2024 03:37:57 GMT

The injury Patriots rookie cornerback Christian Gonzalez suffered Wednesday in practice does not appear overly serious based on how he was moving in Friday night’s pregame warmups.Gonzalez didn’t appear to have any limitations while stretching with his teammates before Friday’s preseason finale against the Tennessee Titans.A welcome sight for Patriots fans as CB Christian Gonzalez – who went down with a left foot/ankle/leg injury late in Wednesday’s practice in Foxboro – is out here looking fine in warmups. #NEvsTEN @wbz pic.twitter.com/arH0kXCvtr— Dan Roche (@RochieWBZ) August 25, 2023The 2023 first-round pick landed awkwardly while attempting to defend a completion from quarterback Bailey Zappe to undrafted rookie Thyrick Pitts at the end of Wednesday’s final training camp practice.Related ArticlesNew England Patriots | Five things to watch in Patriots’ preseason finale vs. Titans New England Patriots | Ju...

6 tornadoes confirmed as Michigan storms down trees and power lines; 5 people killed

Published Tue, 05 Nov 2024 03:37:57 GMT

By COREY WILLIAMS and MIKE HOUSEHOLDER (Associated Press)CANTON TOWNSHIP, Mich. (AP) — At least six tornadoes touched down in Michigan as part of severe storms powered by strong winds that killed five people, while downing trees, tearing roofs off buildings and leaving hundreds of thousands of customers without power, officials said.The National Weather Service on Friday confirmed that an EF-1 tornado with winds of 90 mph (145 kph) crossed from Ingham County into the western edge of adjacent Livingston County on Thursday night.Four other EF-1 tornadoes were reported in Bellville and Gibraltar in Wayne County, and in South Rockwood and near Newport in Monroe County.A weaker EF-0 tornado with peak winds of 80 mph (128 kph) was on the ground for less than two miles in Wayne County’s Canton Township, west of Detroit, the weather service said. That tornado caused a tree to fall into a house, said meteorologist Sara Schultz.The weather service office in Grand Rapids, in western Mich...

Norfolk DA blasts ‘outrageous’ internet theories in Karen Read murder case [+video]

Published Tue, 05 Nov 2024 03:37:57 GMT

Norfolk District Attorney Michael Morrissey, in “the first statement of its kind” in his tenure, is blasting internet trolls for spreading “baseless” theories in the Karen Read murder case.He issued a blistering video statement late Friday afternoon that challenges alternative theories in the case of Read, 43, of Mansfield, who is charged in Norfolk Superior Court with the murder of her boyfriend, Boston Police Officer John O’Keefe.Morrissey added “we try people in the court and not on the internet for a reason. The internet has no rules of evidence. The internet has no punishment for perjury. And the internet does not know all the facts.”He stressed that “the harassment of witnesses in the murder prosecution of Karen Read is absolutely baseless. It should be an outrage to any decent person — and it needs to stop. Innuendo is not evidence. False narratives are not evidence.“However, what evidence does show is that John O’Keefe never entered the home at 34 Fairview Road in Canton on ...

Brush fire breaks out in East County, prompts road closures

Published Tue, 05 Nov 2024 03:37:57 GMT

RAMONA, Calif. -- Firefighters are battling a brush fire early Friday evening that prompted road closures in the Ramona Oaks area.The blaze, dubbed as the "Oaks Fire," is currently being held at three acres, Cal Fire San Diego tweeted at 4:36 p.m. County officials update residents on water boil advisory SkyFOX was over the location where a large plume of white smoke could be seen spewing from the brush and into the air.As of 4:39 p.m., the fire prompted State Route 78, located east of Rancho Santa Fe Court, to be closed in both directions, according to the California Department of Transportation. Eastbound lanes on SR-78 are closed at Ramona Trails Dr. while westbound lanes are closed at Rancho Santa Teresa Dr. There is no structure threat at this time, according to fire officials.Check back for updates on this developing story.

Support pours in for 13 firefighters in tiny B.C. brigade whose own homes burned down

Published Tue, 05 Nov 2024 03:37:57 GMT

Kathleen Zydowicz hasn’t seen much of her husband lately, keeping in touch via text while he and dozens of colleagues fight wildfires around their tiny community of Wilson’s Landing, on the west side of Okanagan Lake, B.C. Paul Zydowicz, Wilson’s Landing fire chief, told a press conference Thursday that the devastating McDougall Creek blaze has been a “nightmare.”“The force, speed and intensity of the fire is unprecedented in our community,” he said.But his wife has been forced to confront the ferocity of the fires too because the couple’s own house is among those destroyed, reduced to a pile of rubble and twisted metal.The chief said 13 members of his brigade had lost their homes in the community, which has a summer population of about 500.The Okanagan is now rallying behind the Wilson’s Landing fire department, which has about 25 members, as they deal with the fires on a personal level. Children have been crafting handmade than...

A crush at the opening ceremony of the Indian Ocean Island Games in Madagascar kills at least 12

Published Tue, 05 Nov 2024 03:37:57 GMT

ANTANANARIVO, Madagascar (AP) — At least 12 people died in a crush at a stadium in Madagascar on Friday as sports fans gathered for the opening ceremony of the Indian Ocean Island Games, local media reported.The reports said Prime Minister Christian Ntsay announced the deaths. He said around 80 others had been injured, 11 of them critically.Madagascar President Andry Rajoelina was at the ceremony at Mahamasina Stadium in the capital, Antananarivo, and asked the crowd to observe a few moments of silence for the dead, the reports said.The stadium, which is built to hold around 41,000 people, has been the site of deadly crushes before. One person died and at least 37 were injured in a crush ahead of a qualifying game for the African Cup of Nations soccer tournament between Madagascar and Senegal in 2018. In 2019, at least 15 people died in a stampede at a music concert at the stadium.The Indian Ocean Island Games is a multi-sports event featuring nations from the region. Athletes from ...