The former CEO of Heartland Tri-State Bank in Elkhart pleaded guilty to embezzling $47 million in bank funds to funnel into a cryptocurrency scam. Shan Hanes, the former bank executive, could be sentenced to a maximum of 30 years, fined up to $1 million and be forced to pay up to $60.5 million in restitution.
North Carolina Gov. Roy Cooper recently led an economic development trip in Europe visiting France, Switzerland and Germany to talk business and international investment in the Tar Heel State. He was joined by first lady Kristin Cooper, Department of Commerce Chief of Staff Marqueta Welton and other state officials. In France, Cooper met with business
PROVIDENCE − A bevy of income-restricted housing projects, and units in market-rate projects, received promises of grants and loans on Thursday, after RI Housing awarded millions in loans and tax credits, valued at over $100 million. Housing Secretary Stefan Pryor, chairing the meeting, said the 1,000 units financed is not “trivial.” There will be another
This week, the Biden Administration announced a plan to cancel $7.4 billion in student loans for 277,000 borrowers. The U.S. Department of Education reports that Texans have the second-highest amount of student debt, behind Californians. 3.8 million students owe $33,400 on average. Fewer than 20% of Texas borrowers are on an income-driven repayment plan. Here’s
Some people throughout the Sunshine State might’ve gotten too much sun Monday afternoon after ignoring warnings and staring too closely at the Great North American Eclipse, according to a review of online search terms. At 3 p.m. – the time of its peak in many Florida cities – search terms like “eyes hurt,” “looked at