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Data Centers Will Need $3 Trillion Through 2030, Moody’s Says
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely on the might of multiple areas of the credit markets to provide, according to Moody’s Ratings. Trillions of dollars will …
POSTED JANUARY 12, 2026 2:56 PM |
Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns
Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for education, …
POSTED JANUARY 12, 2026 2:44 PM |
SC Lab and CEO to Repay $6.8M in Kickback Scheme Exposed by Whistleblower
A South Carolina medical testing laboratory and its CEO have agreed to repay more than $6 million for allegedly paying kickbacks to doctors in return for boosting lab testing referrals. The settlement resulted from a civil lawsuit brought by a …
POSTED JANUARY 12, 2026 2:35 PM |
Rideshare Drivers Protest Robotaxis as California Considers More Regulations
Drivers for Lyft and Uber protested self-driving Waymo taxis in San Francisco on Friday, urging state regulators to exercise greater oversight of autonomous vehicles, given recent events in which the cars killed pets and blocked traffic. About two dozen drivers …
POSTED JANUARY 12, 2026 2:24 PM |
South Carolina Measles Outbreak Grows, Spreads to NC and Ohio
South Carolina’s measles outbreak exploded into one of the worst in the U.S., with state health officials confirming 99 new cases in three days last week. The outbreak centered in Spartanburg County grew to 310 cases over the holidays, and …
POSTED JANUARY 12, 2026 1:43 PM |
Delaware Reports Avian Flu in a Commercial Poultry Flock
Delaware officials announced Sunday that preliminary testing of a commercial broiler flock in Kent County has returned presumptive positive for avian influenza. The Delaware Department of Agriculture said it quarantined the affected premises, and the birds on the property are …
POSTED JANUARY 12, 2026 1:38 PM |
North Carolina May Lose $50M in Federal Funds Over Immigrant Trucker Licenses
North Carolina could lose nearly $50 million in federal funding if the state doesn’t revoke commercial driver’s licenses from immigrants who aren’t qualified to hold them after an audit uncovered problems, the U.S. Transportation Department said Thursday. North Carolina is …
POSTED JANUARY 12, 2026 1:35 PM |
Markets/Coverages: Brit Launches Property Direct & Facultative in Bermuda
Brit Group Holdings Ltd. announced it will begin writing property direct & facultative business in Bermuda through Brit Re. This will see Brit Re write US and Global Property D&F from January, with a focus on US-based complex risks. Core …
POSTED JANUARY 12, 2026 1:20 PM |
Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the institution. In a forceful written and …
POSTED JANUARY 12, 2026 12:51 PM |
US Seizes Fifth Vessel Taken in Venezuela Blockade
The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday. The Olina, which according to public shipping database …
POSTED JANUARY 12, 2026 11:53 AM |
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