Promotion at law firm, new hires at nonprofits and banks | Business News

South Louisiana businesses and nonprofit groups recently announced the following promotions, new hires and resignations. New Orleans Leigh Thorpe Provided photo Disaster resilience and recovery nonprofit SBP has hired Leigh Thorpe as its first chief advancement officer to oversee fundraising and marketing efforts. Thorpe was most recently vice president of partnership and advancement for the…

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Social media companies pay $27 million to settle Kentucky school district’s lawsuit over social media harms, records show

A Kentucky school district secured approximately $27 million in settlements from social media companies over claims they fueled a student mental‑health crisis, with Meta Platforms paying the largest amount at $9 million, according to records ​seen by Reuters on Friday that reveal the settlement’s financial terms for the first time. Source link

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Scott Bessent says US seized roughly $1 billion in Iranian crypto assets

U.S. Treasury Secretary Scott Bessent details the United States’ economic pressure campaign on Iran, known as Operation Economic Fury, on ‘Kudlow.’ Treasury Secretary Scott Bessent said the Iranian economy is nearing a breaking point Friday, while announcing that the U.S. has seized roughly $1 billion in Iranian cryptocurrency assets. “We have seized about a billion dollars…

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