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Caesars Entertainment Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Caesars Entertainment, Inc.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Cae...
House Votes to Avert Government Shutdown Before Midterm Elections
Lawmakers sent the legislation to President Trump in an overwhelming vote, reflecting bipartisan enthusiasm around punting a messy spending fight until after the midterms.
PlayStation argues "reasonable consumers" already know they don't actually own their digital games
PlayStation lawyers have argued that "reasonable" players aren't being deceived by Sony's small print, which says digital game purchases don't grant ownership.
'Reasonable' Consumers Know They Don't Own Digital Downloads, Sony Says
The company was responding to a suit accusing it of violating California law.
Should California backfill science funding Trump cut? Voters could decide in 2028
This story was originally published by CalMatters. Sign up for their newsletters. A California science bond measure to counter the Trump administration’s research cuts is back from the dead after state lawmakers and Gov. Gavin Newsom reached a deal last week to place the $7.5 billion request to voters on the March 2028 ballot. Senate […]
Big Ideas Lab podcast takes on the science of scale-up
Rechargeable lithium batteries trace back to 1972, but they wouldn't reach consumer products until 1991. Solar photovoltaic cells existed in the 1950s, long before solar panels appeared on rooftops. And the MRI was demonstrated in the 1970s, years before the machines became hospital staples. In each case, the core scientific principles had been proven. The difficult part was scaling them into technologies people could reliably use. The average disruptive technology takes roughly 35 years to cross that divide. Lawrence Livermore National Laboratory (LLNL) scientists are trying to compress
Using AI in Your Business? Don’t Overlook the Intellectual Property Risks
Artificial intelligence continues to reshape how businesses create content, develop products, and manage their brands. At the same time, courts, regulators, and the USPTO are still working through how existing intellectual property laws apply to AI-assisted works, AI-generated outputs, and AI-enabled business tools. For business owners, the key takeaway is…
LZ Sees Surprising Result in Search for Dark Matter
Key Takeaways Dark matter is the mysterious substance that accounts for the vast majority of matter in our universe. LUX-ZEPLIN (LZ) is a world-leading dark matter detector and specializes in searching for WIMPs, or weakly interacting massive particles. A new LZ study found one particle interaction that is difficult to explain with known background processes and could potentially have been caused by a WIMP. LZ continues to run to see if additional data strengthens or weakens the hint of a dark matter interaction. For the better part of a century, people have been trying to understand dark matter. This invisible substance makes up roughly 85% of the mass in the universe but has never been directly detected. Determining exactly what it is remains one of the biggest questions about our world. Now, a new analysis from the LUX-ZEPLIN (LZ) experiment has recorded a single particle interaction that researchers have great difficulty explaining with known background signals from normal matter. The result does not yet meet the statistical threshold required to claim a discovery, but is the most compelling hint of dark matter reported by the experiment to date. LZ is an international collaboration of 250 scientists and engineers from 39 institutions. The detector is managed by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) and operates nearly one mile below ground at the Sanford Underground Research Facility (SURF) in South Dakota. The experiment uses 10 tonnes of ultrapure liquid xenon to search for dark matter and is optimized to look for WIMPs, or weakly interacting massive particles. The results were presented in a scientific talk at the 2026 TeV Particle Astrophysics conference in Japan. The paper will be released on the online repository arXiv and submitted to the journal Physical Review Letters. “We’re very intrigued to see this event in the data, in the region where we expect dark matter to show up and the competing backgrounds are very low,” said Rick Gaitskell, a professor at Brown University and the spokesperson for LZ. “With only one event, we don’t want to get ahead of ourselves. We are not claiming to have seen dark matter. But we have seen something interesting that we want to share with the scientific community for their input.” The LZ collaboration studies experimental data in batches. In the new result, researchers analyzed 220 live days of data collected between March 2023 and April 2024. The collaboration had previously searched this dataset for faint signals from the simplest kinds of WIMP interactions. The new analysis searched for a broader range of possible WIMP interactions that could deposit more energy in the detector. LZ is particularly sensitive to such signals while also minimizing false positives. “This was a detailed study in a region we hadn’t explored within this dataset, and we spent months of additional effort to understand all the possible causes of background events,” said Sam Eriksen, a senior research associate at the University of Bristol in the U.K. and lead author of the study. “We understand our detector and the backgrounds so well that even a single outstanding event, like the one we found, is important. We expect dark matter events to be extremely rare, so only a handful could mark the first detection of WIMP dark matter.” If the anomalous event was caused by dark matter, the WIMP that generated it would likely have a mass of at least 200 GeV/c2 (gigaelectronvolts), or more than 200 times the mass of a proton. It would also suggest a specific type of interaction between WIMPs and ordinary matter beyond the simplest model. The LZ results have not reached “5-sigma” significance, the statistical threshold considered a discovery in physics. The new analysis is 2.6 sigma, meaning there is approximately a 0.5% chance that the event could be explained by known backgrounds. With additional data, researchers can test whether the finding continues to grow in significance or fades away. LZ has already accumulated the world’s largest dark matter dataset and will continue to accrue WIMP search data at SURF, substantially improving their search statistics. LZ searches for dark matter by looking for signature flashes of light from energy deposited in the detector. The collaboration leverages multiple methods to prevent or account for particle interactions caused by normal matter. This includes the mile of rock that shields the detector from cosmic rays from space, a water tank and outer detectors that protect the central detector from background neutrons, and a suite of computational tools that disentangle particle interactions and reject dark matter mimics. “Outlier events in the data are not unexpected, but they usually stand out as a background of some kind when you look at them deeper,” said Aaron Manalaysay, a physicist at Berkeley Lab and the chair of LZ’s Institutional Board. “This is the first example in any experiment I’ve worked on of an outlier that appears valid in every way. Of course, we’re still twisting our brains trying to think if there’s a rare background mechanism we could’ve missed, but it’s thrilling to wonder if this could be the first hint of a dark-matter observation.” LZ is supported by the U.S. Department of Energy, Office of Science, Office of High Energy and Nuclear Physics, and the National Energy Research Scientific Computing Center, a DOE Office of Science user facility. LZ is also supported by the Science & Technology Facilities Council of the United Kingdom; the Portuguese Foundation for Science and Technology; the Swiss National Science Foundation; the Australian Research Council Centre of Excellence for Dark Matter Particle Physics; and the Institute for Basic Science, Korea. Thirty-nine institutions of higher education and advanced research provided support to LZ. The LZ collaboration acknowledges the assistance of the Sanford Underground Research Facility. ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.
Alabama Rural Health Transformation Advisory Group digs into $144 million in grants
The administrators behind the Alabama Rural Health Transformation Program provided grant updates to lawmakers who oversee the initiative.
Western New York lawmakers propose 'Hands Off Our Great Lakes' Act
The proposed legislation seeks to block the president and other federal officials from renaming any of the Great Lakes.
Holland & Knight Health Dose: September 1, 2026 | Insights
Congress returns to consider a continuing resolution funding the government through December 11, 2026, as healthcare policy and regulatory developments continue.
California to buy defunct horse track and turn it into the Bay Area's newest public park
California lawmakers struck a deal to divert $125 million in climate funding to buy the former Golden Gate Fields track and turn it into a park
Politics & Power: AI data centers spark backlash over costs, environment, security
Nick Allard, Dean of the Jacksonville University School of Law, joins News4JAX anchor Bruce Hamilton on this week's episode of "Politics & Power" to discuss AI's growth and rising concerns about utility costs, environmental impact, and data security.
Whistleblower says USPS system Trump ordered for mail ballots is flawed and untested
An executive order from Trump, which is stymied in the courts, required the Postal Service to rapidly build a complex system to vet mail ballots.
House to vote on stopgap funding bill as lawmakers scramble to avoid government shutdown
Speaker Mike Johnson to launch a floor vote designed to prevent any federal shutdown before the November midterms
John Roberts often defers to Trump but not for the White House ballroom project
“That construction is likely unlawful,” Roberts wrote in dissent with the court’s liberals as Trump’s ballroom moves ahead
Bay Area sports calendar, Sept. 1-2
Lawrence Butler and the A's will face the Rangers at 5 p.m. Tuesday. (NBCSCA)
OpenClaw 2.0 is here: What it means for enterprises
OpenClaw is making another bet: that enterprises ultimately need an agent platform to function as both runtime and workplace.
$7.5-billion California science bond measure awaits Newsom’s sign-off
California lawmakers sent a $7.5-billion science research bond measure to Gov. Gavin Newsom. If signed, it would go before voters on the March 2028 ballot.
‘Most’ of Star Wars Zero Company studio Bit Reactor was furloughed ahead of launch
Last week was meant to be a moment of triumph for Bit Reactor, the Maryland-based game studio founded in 2021 with ambitions to create a great new tactical combat game. On Thursday, August 27, Bit Reactor’s debut title, Star Wars Zero Company, released to stellar reviews. And, from the Gamescom show in Cologne, Germany, studio co-founder Greg Foertsch was giving interviews discussing what the studio’s next game may be. But for many developers on the game, launch has been bittersweet. Fans love it. Critics prefer it to most recent Star Wars games. Zero Company, which is out for PS5, Xbox Series consoles and PC, is the top-selling game on Steam. Much of the team that made it, however, is currently going without pay. They were furloughed, just weeks ahead of the game’s launch. A rep for Bit Reactor confirmed to Game File today that the studio had furloughed many of its workers prior to the game’s release. They said it was a difficult decision and one that had been made before it was clear how launch would go. The rep emphasized that the call to do this was Bit Reactor’s alone (meaning not from publisher EA nor Star Wars license holder Disney). While the rep declined to comment on the scale of the furloughs, a previously unreported lawsuit brought by studio co-founder Alison Kelly in 2024 noted in a filing from August 12 of this year that Bit Reactor “has furloughed most of its employees and terminated contractors…” One source told Game File the furloughs impacted 80% of the team; another referred to there only being a skeleton crew left on Bit Reactor’s active payroll, ready to address any of Zero Company’s post-launch bugs. The issue is that Bit Reactor, a studio formed in 2021, had run out of most of its money just ahead of the launch of its first game. Over the weekend, Zachariah Scott, a senior technical artist who worked at Bit Reactor from early 2023 until an acrimonious exit this past May, said on LinkedIn that the studio was “concealing the fact that the team was Furloughed weeks ago.” Reached by phone today, Scott told Game File that he spoke to nearly a dozen Bit Reactor workers over the weekend. “Everybody has essentially the same story, which is, ‘Yeah, I got furloughed three weeks ago.” The Bit Reactor rep told Game File that the studio hoped to bring furloughed workers back, suggesting that a successful launch of the game could be impactful. Scott told Game File that workers he spoke to were less confident that even if there were returns, that all who were furloughed would get their old jobs again. A heated dispute Bit Reactor’s mid-2026 was almost even more tumultuous. The lawsuit by co-founder Alison Kelly that first revealed the furloughs was initially slated to go to trial in June. The suit is a she-said/he-said about whether Kelly, until 2024 the chief operating officer of Bit Reactor, was a co-owner of the studio or whether it was solely owned by Greg Foertsch. In July 2024, Kelly sued, saying she was pushed out by Foertsch. She first sued in federal court and later refiled in Maryland’s Baltimore County, alleging breach of contract and that Foertsch had unjustly enriched himself. Kelly cited damages of over $20 million, on the basis of Bit Reactor allegedly being worth more than double that. Foertsch’s side has said Kelly was never a co-owner and has countered with claims about her job performance (which she has denied). The June trial was postponed until early 2027, as both sides have been deposing witnesses and filing more claims and denials along the way. Amid all of that, filings in the lawsuit reviewed by Game File paint a picture about Bit Reactor’s origins, early aspirations around tactics games, the team’s breakthrough in drawing the attention of Electronic Arts with the help of a pitch tied to one of EA’s non-Star Wars franchises, and early fractures among its co-founders. The real story about the company behind Zero Company
PlayStation Is Set to Pay Out $7.85 Million to Users as Part of Class-Action Lawsuit
PlayStation users may be eligible for a cut of a $7.85 million class-action lawsuit settlement very soon.
Some registered Delaware voters can still choose a political party prior to voting in the primary
Voters automatically registered to vote at the DMV can still choose a party and vote in the 2026 Delaware Primary Election.
Federal Trade Commission and 22 states sue Amazon over advertising prices
The lawsuit claims that Amazon overcharged 1.2 million advertising customers by misleading them on prices for online auctions for ads
Exciting new entertainment venue + bar now open in Woodlawn
🍸 NEW BAR IN WOODLAWN: Check out The TreeBar & Courtyard now serving up good drinks + good vibes in Birmingham.
Supreme Court lets White House continue construction on Trump's $400M ballroom
The lawsuit will return to lower courts, but documents say that key portions of the project could be complete within months
Supreme Court lets White House continue construction on Trump's $400M ballroom
The lawsuit will return to lower courts, but documents say that key portions of the project could be complete within months
OpenClaw 2.0 pours glitter on slow-burning security dumpster fire
Making installation easier and putting a new wrapper on the interface while leaving most of the security to users is a recipe for more trouble with the popular agent harness
Tackling lawsuit abuse on Inside West Virginia Politics
CHARLESTON, W.Va. (WOWK) – On this week’s episode of Inside West Virginia Politics, our guests join Rick Johnson to discuss giving away water, lawsuit abuse, housing children and a congressional ru…
Lawmakers walk out during Wyoming Business Council reform talks
by Dustin Bleizeffer, WyoFile At least five lawmakers walked out of a rare combined hearing of two separate legislative committees Friday morning after
Lawmakers walk out during Wyoming Business Council reform talks
by Dustin Bleizeffer, WyoFile At least five lawmakers walked out of a rare combined hearing of two separate legislative committees Friday morning
Lawmakers walk out during Wyoming Business Council reform talks
by Dustin Bleizeffer, WyoFile At least five lawmakers walked out of a rare combined hearing of two separate legislative committees Friday morning after convening to compare notes on overlapping bills aimed at reforming the Wyoming Business Council. The future of the state’s top economic development shop has stakes for how prepared Wyoming communities are to host […]
Maine lawmakers call on MaineHealth to keep Lincoln County labor unit open
Another labor and delivery unit in Maine is slated to close before the end of the year. A Maine Legislature committee is trying to take action to keep services open.
House lawmakers return to Washington with stopgap funding bill among priorities
The bill would keep the federal government fully funded through early December, removing the possibility of a shutdown before the midterm elections
House lawmakers return to Washington with stopgap funding bill among priorities
The bill would keep the federal government fully funded through early December, removing the possibility of a shutdown before the midterm elections
Meta’s Business Set to Escape Lawsuits Unscathed
Meta’s $17 billion settlement with state attorneys general includes a long list of restrictions for teen users, but it won’t hold back its underlying business.
New Texas laws expand repair rights, regulate solar sellers and recognize gold as money
Texas laws taking effect Sept. 1 will change how consumers repair electronic devices, strengthen oversight of residential solar sales and allow certain forms of gold and silver to be used as legal tender.
California lawmakers greenlight a new San Diego sports arena, bypassing environmental hurdles
California leaders pushed through a controversial last-minute deal to protect the major project from environmental lawsuits.
California to get more power to sue big businesses under anti-monopoly bill going to Newsom
California prosecutors would gain new powers to sue big businesses over anti-competitive practices under a bill Democratic lawmakers sent to Gov. Gavin Newsom.
In Texas, ordinary Muslim religious practices are increasingly being treated as political threats
After 9/11, suspicion of Islam hardened into an assumption in Texas that Muslim identity itself signals danger, writes a scholar of constitutional law.
EA SPORTS Presents College Football 27 Ultimate Tailgate for UT students on September 10
Chris Stapleton to headline concert on the LBJ Lawn!
OpenClaw that Sam Altman spent billions on and claims to have beaten GTA 6 gets 'largest update in its history'
OpenClaw has rolled out OpenClaw 2.0, marking the most extensive software upgrade in the open-source artificial intelligence (AI) agent platform’s history since its debut last year. Announcing the release, the development team playfully referenced Rockstar Games’ upcoming November title launch with the social post, “HA!
Democratic lawmakers introduce bills expanding health coverage for low-income Michiganders
Last week, a pair of Democratic lawmakers from the Michigan House and Senate shared that they were working on legislation to ensure more Michigan residents can access healthcare.
House returns with vote expected on Senate bill to prevent government shutdown
Lawmakers could also vote on condemning socialism and censuring GOP Rep. Chuck Edwards.
Virginia health leaders, lawmakers share enhanced healthcare resources for rural communities
Eastern Shore residents and healthcare providers on Friday told state leaders about the opportunities and challenges they face serving their communities, with Virginia Secretary of Health and Human Resources Marvin Figueroa outlining how the state government can support them and other rural Virginians.
The U.S. Supreme Court removed limits on political parties coordinating with candidates. What does that mean for Philly’s elections?
Local elections lawyers said the Supreme Court's decision could potentially boost the spending power of Philly's political parties.
Downtown Myrtle Beach business owners want drastic plan for homeless
Earlier this month, city police arrested multiple people under a loitering ordinance that's now the subject of lawsuits.
MeToo part deux is coming to U.S. politics
Activists are driving a renewed MeToo‑style reckoning in U.S. politics, pushing parties and lawmakers toward stronger accountability for sexual misconduct.
South Korea court finds Unification Church leader Han guilty
A South Korean court on Monday found Unification Church leader Han Hak-ja guilty in a case concerning political funds law violations and bribery tied to alleged efforts to cultivate influence with former President Yoon Suk Yeol's administration.
Lawmakers send bills to Newsom shoring up ballot security, transparency for paid political posts
California lawmakers on Sunday approved bills aimed at preventing interference in this fall’s midterm elections and requiring more transparency from social media influencers who are paid by political campaigns.
Vanderbilt University Medical Center sued after allegedly exposing dozens of patients to bloodborne pathogens
Many of the details are unknown, but a primary plaintiff in the lawsuit said the exposure stemmed from a contaminated solution used during a 2024 colonoscopy. An attorney representing the patient said as many as 100 people could have been exposed to bloodborne pathogens.
Probabilities Archive: Gene Wolfe (1931-2019), Science Fiction Grandmaster, 1982
The acclaimed science fiction/fantasy writer Gene Wolfe died in 2019 at the age of 87. In this interview recorded in 1982, he discusses his interest in science fiction, as well as the writing of his early novels. He’s interviewed by Richard A. Lupoff, Lawrence Davidson & Richard Wolinsky. Digitizing, remastering & re-editing by Richard Wolinsky in 2019. (photo from 2014, wikimedia)
California Antitrust Bill Narrowed After Business Pushback
California lawmakers have pared back a proposal that would expand the state’s antitrust law to cover anticompetitive conduct by individual companies,
California Politics 360 full episode | Rep.-elect Aisha Wahab prepares for transition to US Capitol
State lawmakers have until Aug. 31 at midnight to change or create new laws for the year.
College sports kicks off its season under the long shadow of court fights over eligibility
Threats and lawsuits have rocked college sports for weeks. The NCAA's new five-year eligibility rule has led to lawsuits, with all major conferences barring players from returning after turning pro.
Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices
Hey all, Jason here. When this hits your inbox, I should be en route to the airport — not to go anywhere myself, just to pick up my better half. I must admit, it’s been strange to be home alone (well, with two dogs) for two weeks! Really lets me “optimize” to spending more time on reading/writing/working, whether that’s healthy or not! Looking forward to getting back into a (somewhat) more balance routine. Subscribe or Support by Upgrading Compare Notes With the People Who Built Modern Fintech Partner content: Remitly CEO Sebastian Gunningham. Increase founder Darragh Buckley. Linda Du, Co-founder & President at Valon. They’ll unpack the decisions behind building and scaling major financial products: what they got right, what broke, what they would do differently, and how AI and new infrastructure are changing the operator playbook. Most events tell you where fintech is going. NerdCon puts the people who built the present in the room and asks them what comes next. Expect an operator-led conversation grounded in real products, real trade-offs and lessons earned the hard way. Fintech Business Weekly readers save 20% on Regular tickets with code FBW20 before standard pricing ends September 11. Meet the Builders Things To Know & Other Good Reads Advent and Stripe Abandon $50 Billion Pursuit of PayPal (Bloomberg) Trump Family’s New Crypto Bank Is Backed by Abu Dhabi Sheikh (Wall Street Journal) The multiplying risks of financing data centres (FT) Let the Bond Market Speak (Wall Street Journal) Did we waste a crisis? Modest proposals to reform deposit insurance. (Fintech Takes Banking) Untangling Guggenheim: How Private Credit Built Its Own Universe (Net Interest) The Hater’s Guide To Circular Financing — Part One (Ed Zitron) Fiat Ventures Rebrands to FGV Capital, Announces $35M Oversubscribed Fund II (BusinessWire) Socure Announces Strategic Growth Investment at $5.2B Valuation and Acquires Agentic Operations Platform Fravity (Socure) Listen: When Consumer Protection Disclosures Work Too Well (Consumer Finance Monitor Podcast) Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices When Andreessen Horowitz led EarnIn’s $39 million Series B in 2017, Alex Rampell, a partner at the storied venture capital firm, described EarnIn’s small-dollar advance product as “free,” relying on “entirely on voluntary contributions instead of fees.” Rampell favorably compared EarnIn’s approach to typical payday loans, writing, “Payday loans historically have had the potential to be a slippery slope for consumers into financial distress: opaque systems and steep fees that are hard to repay and set individuals back further than where they started. For many Americans living paycheck to paycheck, that kind of slide into debt can be extremely difficult to recover from.” But EarnIn’s product — which, the company says, isn’t a “loan,” legally speaking — ends up being anything but free for most users. While it is technically possible to take a no-fee advance from the company, most users incur “Lightning Speed” (instant funding) fees and/or ostensibly optional tips that combined can equate to annualized percent rates that can reach over 1,000%. With an average term of 9.77 days, even fees and tips that are small on an absolute dollar basis are equivalent to high APRs on an annualized basis. A lawsuit filed last week by Colorado Attorney General Phil Weiser against EarnIn describes the company and its product and business practices quite differently than Andreessen’s Rampell; “EarnIn’s business practices are unfair because they are immoral, unethical, oppressive and unscrupulous,” the complaint, filed in District Court in Denver, Colorado, says. EarnIn’s marquee product, Cash Out, isn’t a loan, the company says, as Cash Out is not “[f]orward [l]ooking” because “[t]he money is transferred based on earnings to date,” does not carry a mandatory fee to access funds, and is “non-recourse,” meaning EarnIn cannot pursue recovery from users who don’t repay advanced funds. EarnIn is sometimes referred to as an “Earned Wage Advance” service. Though, unlike some others in the broader category, EarnIn does not integrate with employers’ payroll or time and attendance systems. Rather, EarnIn attempts to verify a user’s income and employment, by examining direct deposit transaction data in their linked external bank account, by using GPS location and Bluetooth data to estimate a user’s time spent at work, if they work in a fixed location, and/or by having a user provided a work email address. While repayment is theoretically optional, as EarnIn would have no recourse, such as reporting non-payment to the credit bureaus or a collections agency, this is anything but clear to users of the EarnIn app, Colorado’s complaint argues. During the process of taking a Cash Out, users must agree to a preauthorized debit of the amount advanced, plus any expedited funding fee and/or tips. Though users technically can revoke this ACH authorization, the fact that they have this right isn’t presented to users during the Cash Out process, but rather is included in linked terms and conditions few users are likely to actually read. And users who do wish to revoke their ACH authorization must do so three or more days before the scheduled transaction date by emailing EarnIn’s customer support. Similarly, EarnIn’s marketing claims that it carries “no interest” and “no mandatory fees” is technically true, but is not the reality for many of the app’s users, the Colorado complaint argues. Further, EarnIn has extensively marketed to users the ability to “access your pay today,” to get “instant” funds, and to get funds “the same day you work” — when, in reality, this speed of access was only possible by paying the additional, undisclosed Lightning Speed fee. The Colorado complaint highlights this contradiction specifically, noting: EarnIn tells consumers that they can ‘Make any day payday with EarnIn’ and that there no ‘hidden’ or ‘mandatory fees.’ For a consumer to access their pay on the same day requested, they would have to pay the Lightning Speed fee. In the fine print of the advertisement EarnIn discloses that ‘[f]ees apply to use Lightning Speed,’ a direct contradiction to the larger text of the advertisement, and a fact that would not be immediately understood by a consumer as ‘Lightning Speed’ is not defined nor explained. Like other small-dollar lending services, rather than explicitly charge interest, EarnIn collects a markup on the optional Lighting Speed fee, which, given the nature of the transactions, many users opt for, as well as offering users the option to leave “tips.” EarnIn leverages either Real-Time Payments (RTP) rails or push-to-card via debit rails if a user opts for the optional Lightning Speed. But while these capabilities cost EarnIn, on average, $0.075 or $0.20 per transaction, respectively, EarnIn charges users significantly more. Initially, EarnIn charged as little as $1.99 for Cash Outs up to $24. But EarnIn has hiked these fees multiple times, and now charges $4.99 for Cash Outs up to $75 and $6.99 for those over $75. According to the Colorado complaint, EarnIn leverages “dark patterns” to manipulate users and to make it more difficult to avoid tipping. Examples of these “road blocks” highlighted in the complaint include: As of 2023, in the EarnIn app, a consumer attempting to get a loan under the default settings had to make at least eighteen separate taps to complete the transaction and reduce the tip to $0. There is an alternative method to leave a $0 tip, via the “Custom tip” feature, but EarnIn made this option difficult to access by visually deemphasizing it and positioning it near devices’ “home” button. Using language and imagery such as “Tip to pay it forward,” “Your generosity supports the service + helps,” “Your tips make a difference,” and “[t]he APR for this cash out is 0%. Your tips help support us.” While Lightning Speed and tipping are, in theory, both optional, in practice, users nearly always ended up paying something. According to the Colorado suit, users were charged either a tip or an expedite fee for more than 92% of transactions, with an average APR of nearly 388%. And, although the advances are “non-recourse,” EarnIn successfully collects on nearly all transactions — 99.18%, according to the complaint, which, Colorado argues, “demonstrat[es] that EarnIn’s advances function as high cost loans, not voluntary payments.” The share of EarnIn users incurring fees — despite the product being marketed as 0% APR — is hard to reconcile with Andreessen investor Rampell’s favorable description of EarnIn vs. “opaque systems and steep fees” associated with payday loans, which, Rampell says, can be “extremely difficult” for borrowers to extricate themselves from. According to Colorado’s suit, EarnIn’s Cash Out product “trapped many consumers in extreme cycles of high-cost reborrowing.” The suit gives an example of one consumer in the state, who took out a whopping 1,151 loans, paying a total of $4,038.50 in Lightning Speed expedited funding fees on loans that averaged the equivalent of 1,421% APR. Another Colorado user, the suit says, took out 1,033 loans, paying $8,561.22 in tips and fees at an average APR of 1,539% . These types of usage patterns demonstrate “the severe and repeated financial harm caused by EarnIn’s illegal lending model,” the Colorado complaint argues. In aggregate, from January 2023 through July 2025, EarnIn extended 3.1 million loans to 56,778 users in Colorado — an average of nearly 55 transactions per person during the time period. EarnIn lent more than $300 million and collected more than $16 million from Colorado users in Lightning Speed fees and in tips. Ultimately, the Colorado complaint argues that “EarnIn’s Cash Outs are loans under Colorado law, and EarnIn’s contention that its product is not a loan based on its disclaimer of any legal repayment obligation lacks any real-world significance given how the Cash Out transactions actually operate in practice.” Colorado further argues that “EarnIn was not working with companies here in providing consumers with funds but acted as a third-party lender and charged illegally high rates, used deceptive design strategies to extract some charges, and trapped consumers in repeat borrowing. Colorado will continue to stand up for consumers and hold companies accountable when they violate our credit laws or attempt to evade them through misleading practices.” Colorado’s suit alleges EarnIn assesses finance charge in excess of that permitted by Colorado law, that EarnIn failed to make legally required disclosures to Colorado borrowers, that EarnIn made supervised loans to consumers without obtaining the requisite license, that EarnIn violated the state’s Deferred Deposit Loan Act, that EarnIn engage in unfair and deceptive trade practices, and that EarnIn made false or misleading statements concerning price. The suit seeks a court order enjoining EarnIn from violating relevant Colorado laws, for EarnIn to refund amounts charged in excess of state law, fees, costs, and penalties, and other relief the court deems to be just. 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Learn more about sponsor opportunities or request a media kit by dropping me an email. Q2 Quarterly Banking Profile: Five Quick Takeaways The FDIC released its quarterly banking profile, which is always worth a read, for the second quarter. The profile provides an aggregate snapshot about the overall health of the 4,238 institutions whose deposits are insured by the FDIC, who, collectively, hold more than $26 trillion in assets and saw a total net income of more than $90 billion in the second quarter. Net income was up 12% vs. Q1 2026, with lower provisions and realized gains on securities helping to drive the improvement, somewhat offset by increases in non-interest expense and applicable income taxes. Overall net interest margin was basically flat quarter over quarter (up 1 basis point vs. Q1 2026), though community banks saw NIM grow by 10 basis points, to 3.81%. Unsurprisingly, given that interest rates haven’t changed, unrealized losses on securities changed little, edging up slightly to $326.7 billion vs. $325.1 billion in Q1 2026. Aggregate credit quality has remained benign, with asset quality actually improving slightly in Q2. Overall, institutions reported a 9 basis point decline in their past-due and non-accrual rate, to 1.44%. Net charge off rate also declined by 2 basis points, to 0.57%. And finally, the FDIC’s deposit insurance fund stands at $161.1 billion, making the DIF reserve ratio 1.48% — above the statutory minimum of 1.35%, but still below the designated target reserve ratio of 2%. [Paid Subscriber Exclusive] Nissan Withdraws ILC App, State Associations Plan BankChain Alliance, FDIC Defines “Unsafe or Unsound Practice” For First Time Automaker Nissan withdrew its application to charter a Utah industrial loan company and its corresponding application to the FDIC for deposit insurance last week, on August 19th. Nissan’s application had been outstanding for more than a year, as it originally applied in June 2025. Recent applications to the OCC to form national banks have been decisioned, one way or the other, substantially more quickly than has historically been the case.
Openings, closings and more Centre County business news you may have missed
One notable development stemmed from a lawsuit seeking nearly $1.2 million in unpaid rent at a State College high-rise.
College sports kicks off its season under the long shadow of court fights over eligibility
Threats and lawsuits have rocked college sports for weeks. The NCAA's new five-year eligibility rule has led to lawsuits, with all major conferences barring players from returning after turning pro. The Big 12 earlier went to court against Texas Tech over a player who gambled. Courts are heavily ...
Lawsuits and threats: College sports face instability in 2026
Threats and lawsuits have rocked college sports for weeks. The NCAA's new five-year eligibility rule has led to lawsuits, with all major conferences barring players from returning after turning pro.
Grading The Jaguars Trade For QB Quinn Ewers
Jacksonville upgrades its QB room behind Trevor Lawrence, acquiring high-upside backup Quinn Ewers for a late-round pick in 2028.
Xero Adds AI, Google Targets Law Firms And Claude Beats ChatGPT: 5 Small Business Tech Stories
Xero adds AI tools, Google expands Gemini for law firms, LinkedIn fights AI slop, Goldman warns of AI risks, and Claude tops user satisfaction.
California's new attempt to help struggling newsrooms faces key test
A new plan by California lawmakers to help fund the state's struggling journalism organizations could advance in the coming days but faces an uncertain future. Assembly Bill 2222 would create
Loyola hires new top lawyer; ex-Saints staffer picked to tourism post; homecoming for new CFO
Take a look at some of the recent promotions and new hires announced at south Louisiana businesses.
Jaguars Bolster Quarterback Depth With Trade with Dolphins
The Jacksonville Jaguars bolster their quarterback depth behind Trevor Lawrence and Nick Mullens with the trade for Miami Dolphins backup, Quinn Ewers
California lawmakers strike wildfire deal that leaves out most of Newsom’s big demands
Newsom backed off his plan to ease utilities' wildfire costs after Democratic lawmakers refused to shift the burden to insurers and survivors
Sony says Claude trained on pirated lyrics, seeks $150K a song
In a new lawsuit, Sony Music and Warner Chappell say Anthropic used "thousands upon thousands" of songs to train Claude, including "Eye of the Tiger."
Retirees are pouring into this coastal getaway – and it's feeling the strain
Sussex County, Delaware, saw 40,000 new residents since 2020, with retirees drawn by low property taxes and no sales tax straining healthcare and schools.
Money and Politics in Delaware: August 29, 2026
Money and Politics in Delaware is your link to finance, business and policy in the First State.
California Passes AB-1856 For Open-Source Relief Over Age Verification
As an update to the May story about California's age verification law may end up exempting most Linux distributions, that AB-1856 bill has finally passed!
Movie Review: What's up, flop? The toon-human hybrid 'Coyote vs. Acme' should've stayed on shelf
Some Hollywood decisions defy logic. Like, who looked at the world of Looney Tunes, those unhinged cartoons of our youth, and thought: Let’s add a bunch of personal injury lawyers.
Giants Urged to ‘Keep an Eye On’ Francis Mauigoa Flaw
The New York Giants have been urged "to keep an eye on" a potential problem involving rookie guard Francis 'Sisi' Mauigoa. The post Giants Urged to ‘Keep an Eye On’ Francis Mauigoa Flaw appeared first on HEAVY.
Judge rules Trump unlawfully targeted foreign students who criticized Israel
The ruling was a win for Stanford’s student newspaper, The Stanford Daily, and it followed another court victory for students targeted by the Trump administration last year.
Lindsay Clancy trial: Psychiatrist resigns after testimony
Dr. Avram Mack, a psychiatrist who worked in the behavioral health department with Nemours Children’s Health in Delaware, resigned Monday,
Pennsylvania lawmaker to propose bill establishing universal healthcare within the state
HARRISBURG, Pa. (WTAJ) — State Rep. Nikil Saval (D-Philadelphia) plans to introduce legislation that would establish a universal single-payer health care system in Pennsylvania. In a memo circulate…
Federal judge blocks Trump mail-in voting rule challenged by WA
The coalition of 25 states now seeks a preliminary injunction to stop the rule from taking effect while the lawsuit proceeds and until a final court decision is made.
Letters: Supreme Court’s decision on voting by mail is clearly political
Also: Usurping control | Environmental laws | Fiscal responsibility | USS Lincoln | Costly disaster. Mercury News reader letters to the editor for Aug. 30, 2026.
Lawmakers walk out during Wyoming Business Council reform talks
Though two separate legislative committees each found agreement, some objected to mixing committee duties.
Alaska campaign watchdog says Treg Taylor should not be allowed to run for governor
A state commission says Taylor, a former attorney general, failed to file a financial disclosure as required by law.
Beshear, Barr feud over impact of 'Big, Beautiful Bill'
A letter from Barr this week demands answers about the governor’s prior statements on the president’s signature tax and spending law
Senior German politicians call for ban on parts of far-right AfD
Boris Pistorius and Cem Özdemir say top court should consider outlawing Alternative for Germany’s most radical flank
Delaware psychiatrist who testified in Lindsay Clancy case resigns from Nemours, health system says
Avram Mack testified on Friday, Aug. 21, and Monday, Aug. 24, as a prosecution rebuttal witness in the nationally watched case against Clancy.
The Division of Small Business Announces New Staff
The Delaware Division of Small Business is pleased to announce the addition of two new staff members: Tatiyana Graves and Kira Manuszak.
PaperCut releases second emergency patch for exploited flaws
PaperCut has released a second emergency security update for two actively exploited vulnerabilities in its PaperCut NG and MF print management software after researchers discovered multiple ways to bypass the initial fixes.
California Business Lobby Notches Win on Antitrust Law Expansion
Business interests scaled back a California proposal to significantly expand the state’s antitrust laws, just days before the legislative deadline on Monday.
Good Good's new president joins as the YouTube group weathers scandal
The company brought on a new president right before the fallout from an ad with Callaway began. Critics say the spot promoted violence against women.
Show-Me State Politics: Missouri’s AG discusses Meta settlement & pornography age verification law
KY3’s Tyler Wayne and Missouri Capitol Bureau Chief Hannah Falcon discuss this week in Show-Me State politics.
House will vote to denounce socialism
The House of Representatives is set to vote next week when lawmakers return to condemn and denounce “socialism in all its forms,” specifically pointing to the growing Democratic Socialists of America organization. The House voted to condemn socialism last year, but did not specifically call out the DSA. The resolution includes calling for the enactment […]
Good Good's CEO goes nuclear on Callaway after controversial ad
Good Good's CEO blasted the golf equipment company, saying the brand had asked the YouTube group to "take the fall" for a controversial ad.
MaineHealth CEO warns of ‘huge crisis’ in healthcare
Although MaineHealth announced its decision to close the unit earlier this month, those who live near the hospital asked lawmakers Thursday to force the hospital to keep it open while other options are considered.
New York rep blasts Hochul and Mamdani over business policy
Rep. Mike Lawler, R-N.Y., discusses New York's economic challenges and how it has the highest tax burden in the country.
New labs boost hands-on learning for Millwood Arts Academy
KOKH Fox 25 provides, news, sports, weather and local event coverage in Oklahoma City and surrounding areas, including McLoud, Shawnee, Tecumseh, Seminole, Wewoka, Maud, Asher, Wanetted, Goldsby, Norman, Blanchard, Chickasha, Pauls Valley, Purcell, Andarko, Bridgeport, Lawton, Duncan, Okarche, Kingfisher, Guthrie Stillwater and Cushing, Oklahoma.
Red Bull hands F1 test to protege as it assesses Racing Bulls driver line-up
Nikola Tsolov has completed his first F1 test, driving for Racing Bulls at Imola, while Liam Lawson was on Pirelli tyre test duty for Red Bull at Mugello
White House, hemp lobbyists bet on shutdown politics to delay ‘diet weed’ ban
Lawmakers say the Trump administration is promising to use the one-month punt to work on new regulations.
California’s political battle over key environmental law brews on two fronts
In recent years, the perpetual CEQA debate has centered on its use — or misuse — as local governments were pressed by the state to increase housing development, particularly apartments for low- and medium-income families.
Gubernatorial candidates Phil Weiser, Greg Lopez spar, as Marx skips debate
Two of the candidates for Colorado governor squared off in a televised debate on Thursday night, when Attorney General Phil Weiser, the Democratic nominee, and former U.S. Rep. Greg Lopez, an unaffiliated candidate, delved into issues of affordability, data center regulation and gun laws. The debate’s tone was civil. The policy differences between the two […]
Why scientists asked 1,000 people to bury their underwear
More than 1,000 volunteers buried cotton underwear across Switzerland to help scientists measure how active different soils are. The faster the fabric disappeared, the more biological activity was taking place underground. Gardens showed the fastest decomposition, while lawns had the least, revealing how strongly land management can shape soil life.
‘Turned upside down’: Lawyer describes impact of FBI raids on Behavioral Health CEO
CT sues Kalshi over unlicensed sports betting
State Attorney General William Tong said what the app does constitutes gambling — making it subject to Connecticut consumer protection laws.
Trump Administration Will Appeal Harvard Antisemitism Case
A federal judge earlier ruled against Trump officials in a lawsuit accusing the university of allowing persistent antisemitism on campus.
Wisconsin congressman violates 'spirit' of state law regulating AI in campaigns
In the days leading up to and after the Wisconsin primary, Congressman Derrick Van Orden was posting AI-generated videos of his opponent Rebecca Cooke online.