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FTC rips Walmart, Kroger for pricing actions during Covid-19 pandemic

9 months 3 weeks ago
The Federal Trade Commission slammed Kroger Co., Walmart and other large grocery companies in a new report for making the negative effects of the Covid-19 pandemic and supply chain issues worse for consumers than they needed to be. The FTC’s report, titled “Feeding America in a Time of Crisis: FTC Staff Report on The United States Grocery Supply Chain and the Covid-19 Pandemic,” found that large grocery companies increased prices more than they typically have relative to their costs and received…
Steve Watkins

Bills in Illinois Senate would further regulate battery storage and disposal

9 months 3 weeks ago
Two bills that would regulate battery disposal and storage are awaiting action from the full Illinois Senate after unanimous committee approval. Senate Bill 3481, sponsored by Sen. Sara Feigenholtz, D-Chicago, would require facilities that store electric vehicle batteries to register with the Illinois Environmental Protection Agency by February 2026. The state’s Pollution Control Board would set the regulations for the proper storage of EV batteries. IEPA Deputy Director James Jennings said the…
Cole Longcor

The best way to keep your bank deposits safe, liquid and local

9 months 3 weeks ago
Uninsured deposits are risky for both banks and their customers. That was never more apparent than last spring when Silicon Valley Bank (SVB) failed after depositors pulled $42 billion over a few hours. That day – March 10, 2023 – prompted many companies nationwide to question whether their bank deposits were safe. “Up to that point, we didn’t pay much attention” to deposit insurance, recalled John Clark, the president and CEO of Masterclock, a global manufacturer of accurate time and…

Republican senator leaves congressional race to run for Missouri secretary of state

9 months 3 weeks ago
State Sen. Mary Elizabeth Coleman has abandoned her run for the U.S. House of Representatives and instead filed to join the crowded GOP primary for Missouri secretary of state. Coleman, an attorney and first-term Republican from Arnold, said in announcing her candidacy that there is “no more important job than protecting the integrity of our elections and our founding documents.” Her announcement comes hours after House Speaker Dean Plocher announced that he, too, was pivoting to the secretary…
Jason Hancock