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Judge rules wives of Chicago twins who cooperated against ‘El Chapo’ did not have immunity

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CHICAGO — A federal judge ruled Tuesday that the wives of twin Chicago drug traffickers who cooperated against Sinaloa boss Joaquin “El Chapo” Guzman did not have immunity from prosecution, a considerable setback for the women who are accused of laundering millions of their husbands’ drug proceeds over a 12-year period. Valerie Gaytan and Vivianna Lopez, the wives of Chicago twins Margarito and Pedro Flores, had asked U.S. District Judge Matthew Kennelly to dismiss the money laundering charges against them, arguing over the course of several hearings in July that they had been assured by prosecutors that their husbands’ unprecedented cooperation against Guzman meant they would not face charges themselves for their own actions. On Tuesday morning, Kennelly denied that request, saying there was no convincing evidence there was ever an immunity agreement in writing for Lopez or Gaytan and certainly not for future conduct involving the alleged laundering of the funds at issue in the i...
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You don’t have permission to access “https://ift.tt/1YjEzRN; on this server. Reference #18.84a33617.1667943033.10a4a6bd The post A appeared first on MIAMI DAILY CHRONICLE . from MIAMI DAILY CHRONICLE https://ift.tt/XyfQrbk via IFTTT
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Triple-I Blog | Education Can Overcome Doubts on Credit-Based Insurance Scores,IRC Survey Suggests

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Consumer skepticism about the connection between credit history and future insurance claims appears to decline when the predictive power of credit-based insurance scores is explained to them, a recent study by the Insurance Research Council (IRC) suggests. This is just one of the IRC’s encouraging findings. Others include: Consumers are generally knowledgeable about credit, credit histories, and credit scores. Almost all believe it’s important to maintain good credit history, and most believe it would be easy to improve their credit score. Among nearly all demographic groups, paying for auto insurance is not considered a burden for most households. Concerns have been raised about the use of credit-based scores and certain other metrics in setting home and car insurance premium rates. Critics say it can lead to “proxy discrimination,” with people of color—who are more likely to have less-than-stellar credit histories—sometimes being charged more than their neighbors for the sa...
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Inflation Plagues Democrats in Polling. Will It Crush Them at the Ballot Box?

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Inflation has roared back onto the scene as a key issue ahead of the 2022 midterm elections, after five decades during which slow and steady price increases were a political nonissue. It was once a potent driver of politics in America, one that panicked former President Richard M. Nixon and his administration, and later helped to make Jimmy Carter a one-term president. As prices surge, inflation is again taking center stage, and could help decide who controls Congress. Household confidence has plummeted as inflation has climbed, and economic issues have shot to the top of what voters are worried about. A full 49 percent of voters overall said that the economy is an extremely important issue to them in an October Gallup survey, notably outranking abortion, crime and relations with Russia. That’s the highest level of economic concern headed into a midterm election since 2010, when the economy was coming out of the worst downturn since the Great Depression. Inflation is almost certa...
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Binance to Buy FTX in Megadeal of Crypto Exchanges

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The cryptocurrency world was rocked on Tuesday as one of the largest exchanges for digital currencies, which appeared to be on the verge of collapse, was bailed out by a major rival in a deal that underlined the perils of the industry’s volatility. Binance, the world’s largest cryptocurrency exchange, said that it had reached an agreement to buy its competitor FTX, which struggled to meet a surge of withdrawal requests in recent days as the crypto market teetered on the edge of another meltdown. The size of the acquisition couldn’t immediately be determined, but the privately held FTX had once been valued at $32 billion. The emergency deal making highlighted the persistent instability of the crypto industry, which was buffeted this spring by a $2 trillion crash that drained the savings of many amateur investors. That downturn destabilized some of crypto’s biggest firms, though FTX was by far the largest casualty. It was widely regarded as among the most nimble and best-run firms, ...
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Lyft, Tripadvisor, Take-Two Interactive and more

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Check out the companies making headlines in midday trading. lyft — Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare company reported adjusted earnings per share of 10 cents, more than analysts’ expectations of 7 cents, but revenue fell short of the Street’s forecast, coming in at $1.05 billion versus $1.06 billion expected, per refinitive. Tripadvisor — The travel platform dropped 17% after its quarterly earnings came in below expectations. The company cited currency fluctuations as a driver of the performance while noting demand for travel remained strong. Take Two Interactive — Shares of Take-Two tumbled more than 11% a day after the video game company slashed its outlook for net bookings for the year. It also said it expects a net loss for the fiscal year ending March 31, 2023, between $674 million to $631 million, worse than the guidance provided in its first-quarter earnings. Kohl’s — Shares of the ...
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Friends find 53-year-old dead after he stayed behind during hunting trip, NH officials say

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A 53-year-old was discovered dead by his friends after he stayed back from a hunting trip, New Hampshire officials say. Getty Images | Royalty Free A 53-year-old hunter was found dead on a hunting trip, New Hampshire officials say. Fish and Game conservation officers said they were alerted to a hunter who was found deceased in Pittsburg around 5:30 p.m. on Nov. 7. His friends had found him dead in their vehicle. The man, whom officials did not identify, had traveled from Massachusetts for a hunting trip with friends, but he wasn’t feeling well so he stayed back in the car while his friends went hunting, according to a Nov. 8 news release. When his friends returned several hours later, they found him dead in the car. Investigators say the death does not appear suspicious and is believed to be caused by a medical emergency. Pittsburg is about 215 miles north of Boston. This story was originally published November 8, 2022 12:49 PM. Moira Ritter covers real-time news for...
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