Ventura County Floods & Tornado Warnings Amid SoCal Storm

TL/DR - A powerful storm caused extensive flooding in Ventura County, California, leading to a brief tornado warning and the necessity for some residents to evacuate their homes. The National Weather Service reported over 3 inches of rain falling in one hour at the Oxnard Civic Center and over 1.54 inches at the Ventura Auto Center within 15…

500 Backpacks Packed by Grand Rapids Volunteers for Foster Kids

TL/DR - A group of volunteers in Grand Rapids, Michigan, have packed 500 backpacks with care items for children entering foster care in the state. The initiative is a partnership between non-profits Comfort Cases and HAP CareSource, with the backpacks containing personal hygiene items, a new pair of pyjamas, a book, a soft toy, a blanket and an…

Appeals Court Cancels SEC Stock Buyback Disclosure Rule

TL/DR - The US 5th Circuit Court of Appeals has vacated a rule by the Securities and Exchange Commission (SEC) requiring issuers to disclose daily stock buybacks on a quarterly basis. The rule, challenged by the US Chamber of Commerce, aimed to reduce information asymmetry between companies issuing stock and investors, curb opportunistic buybacks…