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WASHINGTON – The U.S. government has launched a national security review of a Chinese company’s acquisition of the American company that has now become TikTok, sources tell 185

Where the Mississippi River nears its end, sits a city that nearly faced its own end.“It’s a different kind of place,” said Louisiana native Hosea LaFleur.Nearly 15 years after Hurricane Katrina, New Orleans remains a city where the past never strays too far from the present. The storm is still felt by every homeowner here on their homeowners’ insurance bills.After the storm, insurance companies no longer wanted to offer homeowners insurance in parts of Louisiana that were vulnerable to hurricanes. They thought it was a money-loser.So, the state created Citizens Insurance. Initially controversial, it was funded by all the property owners in the state, including people who didn’t live anywhere near the damaged areas.“That certainly was a hard sell for those folks,” said Louisiana Insurance Commissioner Jim Donelon.Louisiana’s Citizens Insurance eventually helped stabilize the insurance market after Katrina and attracted more than 30 new insurance companies to the state. The number of homeowners on Citizens has also since plummeted, from 174,000 in 2008 to about 38,000 today, representing about 0.4 percent of the market there.“The policyholders are contributing fees, as well as the companies writing business contribute fees,” said Joey O’Connor, owner of the O’Connor Insurance Group and president of the Independent Insurance Agents and Brokers of Louisiana.Hosea LaFleur’s coastal home is on Citizens Insurance.“Just fell in love with it,” he said of the home. “Fell in love with the people, the things, the atmosphere.”It’s been hit by hurricanes twice: first Katrina in 2005 and then Gustav, three years later.“Knocked our walls down, everything down,” LaFleur said.Despite the repeated rebuilding, he wouldn’t dream of giving it up.“It's home to us,” LaFleur said. “We love it. We love everything about it.”Robert Allen is an adjunct professor at the School of Professional Advancement at Tulane University. His courses specialize in risk management and threat assessments. “That's going to start adding up,” he said, of rebuilding in vulnerable natural disaster areas. “Who foots the bill at the end of the day? You do. I do. Everybody else does.”Last year, the U.S. experienced 14 separate billion-dollar natural disasters: two hurricanes, two winter storms, eight severe storms, wildfires and a drought.From California wildfires to Midwest floods to coastal hurricanes, Allen said that as some insurance companies pull back from covering some areas, taxpayers will need to figure out if they want to keep footing the rebuilding bill.“At the end of the day is going to come down to money,” he said. “I mean, how much money is being put into that and at what point again do you decide this is enough?”Allen said one idea that’s been floated is to create a federal natural disaster insurance program, similar to the national flood insurance program. Taxpayers everywhere would be responsible for keeping it solvent.“There was talk or there is some kind of undertones about doing that with all hazards threats -- like doing that with the fires and just underwriting some of this stuff,” Allen said.It’s a challenge that taxpayers will have to confront, if they chose to rebuild areas hit over and over again by nature’s fury. 3259

US Secretary of State Mike Pompeo on Monday announced a major reversal of the US' longstanding policy on Israeli settlements in the 144

Whether you swipe, insert or tap, it’s become part of the consumer culture in New York City.The goal is to keep you moving. It’s also the reason why some businesses like Sweetgreen have completely gone cashless. But now it will be against the law as the Big Apple becomes the latest city to ban businesses from not accepting cash. The City Council overwhelming voted to ban the cashless practice citywide Thursday.“Cash is the great equalizer, it is the universal currency,” Bronx Councilman Ritchie Torres, the lead sponsor of the legislation, told reporters outside City Hall before the vote. The legislation will penalize brick and mortar businesses who don’t accept cash with fines of up to ,500. According to Ritchie and other supporters of the bill, the cashless business model discriminates against the poor, homeless people and undocumented immigrants as they are more likely to be disconnected from the financial system.“A ban on cashless business is a protection of privacy, it is a protection of equity, but above all it’s a protection of consumer choice,” the councilman said.The ban comes as many businesses move toward the so-called “tap and pay” model like the cashier-less Amazon Go which now has 4 locations in NYC.At the innovative store customers simply tap their app to make purchases. After getting much push back, Amazon announced it would accept cash at select locations. “We have to ensure that our increasingly digital economy in no way leaves any New Yorkers behind,” Ritchie said.In the next few weeks, the mayor is expected to sign the legislation into law, making it official. It will then go into effect by the end of the year.This article was written by Andrew Ramos for 1716

We have removed a photo which was taken on August 15 near a crime scene. We apologize for any insensitivity the photo invoked. We have issued a community apology. https://t.co/bT0ct518Yg— ColumbiaPD (@ColumbiaPD) August 17, 2019 240

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