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Articles by Amanda Albright

Republicans Weigh Rolling Back Anti-ESG Law They Passed

Lawmakers in Oklahoma are having second thoughts about anti-ESG legislation that limits which Wall Street banks local governments can do business with. A Republican-introduced bill that would narrow the scope of a state law that blacklisted financial firms for their …

Kansas Banker Charged With Embezzling $47M to Buy Crypto

The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy cryptocurrency, as the tale of tiny Heartland Tri-State Bank and its failure unfolds. Shan Hanes, who led the bank before …

ConEd Faces Heat After Times Square Goes Dark

It lasted all of five hours – and hit just the spot on New York’s power system to take out the lights in Times Square, force the evacuation of Madison Square Garden in the middle of a Jennifer Lopez concert …

YouTube Star’s E-Scooter Death Renews Safety Concerns of this ‘Alternative Transport’

A YouTube star’s death on an electric scooter may renew safety concerns as scooter companies aggressively seek to expand their presence as “alternative transportation.” Emily Hartridge, a television presenter who made videos about fitness and mental health, died after her …

Why Tax Cuts May Curb Insurers’ Municipal Bonds Appetite

Put on the Taylor Swift and pull out the Ben & Jerry’s ice cream: The municipal-bond market’s long relationship with property and casualty insurance companies may be breaking up. That’s because last year’s tax overhaul slashed corporate rates to 21 …

One of Hartford’s Biggest Bondholders Doesn’t Foresee a Default

One of Hartford, Connecticut’s biggest bondholders isn’t too worried the distressed capital city will default on its debt. Lyle Fitterer, the head of municipal securities investments for Wells Fargo Asset Management, said in an interview that Hartford has options for …