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The Latest Breaking News from CRA

Longtime Detroit Residents Have Advantage In Cannabis Licensing Process, Michiganders Beware Of Marijuana Scams

Legal obstacles facing the rigorous Legacy Detroiter preference program for long-term residents seeking entry into the cannabis industry is picking up steam, a month after a judge dropped two lawsuits challenging the license application process, reported the Detroit Free Press.

Benzinga

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

Tribune News Service

California Legislature passes bill to protect fast-food workers

A California bill that aims to improve and standardize working conditions for fast-food workers will head to the desk of Gov. Gavin Newsom after winning passage in the state Senate and Assembly on Monday over objections from business interests, which say it unfairly targets the fast-food industry and will drive…

Los Angeles Times

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Political divide snags the digital update to anti-redlining law - Roll Call

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.

Roll Call

Democrats' Rejection of Permit Streamlining Resolution Doesn't Bode Well for Joe Manchin's 'Side Deal'

The West Virginia senator conditioned his support for the Inflation Reduction Act on reforming federal environmental review laws. His Senate colleagues don't seem so hot on the idea.

Reason

Checks and Balances- July 2022

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

Argentina's farm leaders worry about new economy chief

Argentina's farm sector leaders said on Monday they were worried about the naming of an economy minister who has close ties to Vice President Cristina Fernandez de Kirchner who pushed higher export taxes on agricultural goods when she was president from 2007-2015.

Reuters

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Cannabis Reg. Update: Supreme Court Judge Bans Smokable Hemp In TX, Kansas Officials Sued Over $120K Worth Product Seizure & More

Texas Supreme Court Prohibits Sales & Production Of Smokable Hemp

Benzinga

Investors urge regulators to protect vulnerable from climate risk - Roll Call

Advocates of ESG investing say only one financial regulator has made considerable progress in protecting the vulnerable from climate risk.

Roll Call

Anti-discriminatory bank law getting update for modern era

The three major U.S. banking regulators say they plan to rewrite many of the outdated regulations tied to a decades-old banking law

The Independent UK

Michigan's Cannabis Dispensaries Set New Sales Record On 4/20, Of Course They Did

Michigan's cannabis consumers didn’t hold back on 4/20 this year. But then, of course, no one expected them to. Indeed, more than two tons of cannabis flower was sold during the annual weed holiday.

Benzinga

Marijuana Product Safety Issues Continue To Pile Up In Michigan: Regulators Halt Hemp-To-THC Conversion Plan

Michigan regulators are no longer pursuing previously announced plans to allow hemp to be synthetically converted to THC, the principal psychoactive constituent of the cannabis plant.

Benzinga

CRA Reports Mixed Q4 Results, Declares Dividend

CRA International Inc (NASDAQ:CRAI) reported a fourth-quarter revenue decline of 1.9% year-over-year to $134.8 million, missing the consensus of $138.04 million. Revenue increased by 5.6% Y/Y after making a one-week, pro-rata adjustment to 4Q20, which had one more operating week than in 2021. Utilization was 72%, and quarter-end headcount increased 3.6% Y/Y.…

Benzinga

CRA Acquires Welch Consulting For Undisclosed Sum

CRA International Inc (NASDAQ:CRAI) has acquired Welch Consulting for undisclosed financial terms. The transaction closed on February 28, 2022. Welch Consulting was founded in 1978 to provide consulting and testifying services to the labor and employment community and currently has offices in Bryan, Texas, Los Angeles, and Washington, D.C. Welch Consulting's clients include…

Benzinga

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RideApart

Ride-Tracking App Rever Integrates Road Hazard Warnings

Ride-tracking app Rever partners with Charles River Analytics (CRA) to create BARACUDA, a user-reported road hazard feature.

Benzinga

CRA Boosts Share Buyback Authorization By $20M

CRA International, Inc. (NASDAQ:CRAI) board authorized a $20 million expansion of its share repurchase program. During 4Q21, the company has repurchased $5 million of its common stock at an average price per share of $97.38. The company has $30.5 million remaining under its previous share repurchase authorization. CRA may repurchase shares in the…

The Canadian Press

CRA to send out new round of letters checking eligibility from CERB recipients

OTTAWA — The Canada Revenue Agency is sending out a new round of letters to pandemic aid recipients to verify they were eligible for the help, and warning of potential need for repayments.

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