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WASHINGTON (Reuters) -U.S. automaker General Motors and its subsidiary OnStar agreed not to disclose sensitive vehicle geolocation and driver behavior data to consumer reporting agencies for five years, the U.S. Federal Trade Commission said on Thursday. The agency alleged the largest U.S. automaker collected, used, and sold drivers’ precise geolocation data and driving behavior information from millions of vehicles, which can be used to set insurance rates, without notifying consumers […]

By Jonathan Stempel (Reuters) – The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the bank’s March 2023 collapse, one of the largest U.S. banking failures. In a complaint filed in San Francisco federal court, the FDIC, in its capacity the bank’s receiver, said the defendants ignored fundamental […]

By Shariq Khan and Nicole Jao (Reuters) -Colonial Pipeline has made progress in identifying the source of a leak on its main gasoline artery and estimates Line 1 will restart on Friday, earlier than previous expectations, the company said on Thursday. Line 1, one of two mainlines on the more than 5,500-mile (8,850-km) Colonial system, was shut on Monday night after Colonial received reports of a gasoline release in Paulding […]

By Katie Paul NEW YORK – Advertisers reliant on TikTok as a major digital marketing tool rushed to prepare contingency plans this week, as the realization dawned on many that the popular Chinese-owned social media app may not be saved before a U.S. ban takes effect on Sunday. One marketing executive described it as a “hair on fire” moment for the ad world, after months of conventional wisdom saying that […]

WASHINGTON (Reuters) – U.S. President Joe Biden is weighing action aimed at advancing the Equal Rights Amendment, which would prohibit discrimination based on sex, before he leaves office on Monday, the Washington Post reported on Thursday citing people familiar with discussions. (Reporting by Jasper Ward; Editing by Chris Reese) Brought to you by www.srnnews.com

MIAMI (AP) — Jimmy Butler is expected to play for Miami again Friday when it hosts the Denver Nuggets, a game that would be his first since the Heat confirmed that he wants a trade and that they are trying to accommodate that request. Butler was suspended by the Heat for their most recent seven games, the club citing conduct that it deemed detrimental to the team. Miami went 3-4 […]

SpaceX launched its Starship rocket on its latest test flight Thursday, catching the booster back at the pad but losing contact with the ascending spacecraft as engines went out. Officials for Elon Musk’s company said the spacecraft was destroyed. The spacecraft was supposed to soar across the Gulf of Mexico on a near loop around the world similar to previous test flights. SpaceX had packed it with 10 dummy satellites […]

VANCOUVER, British Columbia (AP) — Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is entering the race to be Canada’s next prime minister following the resignation of Justin Trudeau. Trudeau will remain prime minister until a new Liberal Party leader is chosen on March 9. “The prime minister and his […]

ST. PAUL, Minn. (AP) — Gov. Tim Walz urged lawmakers Thursday to end a power struggle that has disrupted the first week of Minnesota’s 2025 legislative session, but expressed support for House Democrats’ boycott of the chamber to block Republicans from wielding power. House Republicans hold a temporary 67-66 majority until a special election to fill a vacant seat on Jan. 28. Democrats, who have refused to attend the session […]

The U.S. Census Bureau says improvements to the design of the 2020 census questions and the tabulating of answers led to an increase in the count of multiracial people in the United States, defending its method against arguments that the jump was mostly a statistical illusion. The United States’ largest statistical agency said in a statement this week to the Associated Press that millions more people reported multiple responses to […]