Ford recalls nearly 64,000 compact pickup trucks over airbag indicator light concern
June 4 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday that Ford Motor Co (F.N), opens new tab would recall 63,898 compact pickup trucks over concerns related to an airbag indicator light.
The NHTSA said air bag indicator lights on the dashboard may be loose or dislodged, and not visible to occupants on certain 2025 Maverick trucks.
Dealers will install air bag indicator light retaining clips, the auto safety regulator said.
Separately, Ford is also recalling 492,145 Explorer SUVs over concerns related to driver and front passenger B-Pillar door trim potentially detaching while driving.
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The Independent
12 minutes ago
- The Independent
Points of Light, founded by the Bush family, aims to double American volunteerism by 2035
The Bush family's nonprofit Points of Light will lead an effort to double the number of people who volunteer with U.S. charitable organizations from 75 million annually to 150 million in 10 years. The ambitious goal, announced in New Orleans at the foundation's annual conference, which concluded Friday, would represent a major change in the way Americans spend their time and interact with nonprofits. It aspires to mobilize people to volunteer with nonprofits in the U.S. at a scale that only federal programs like AmeriCorps have in the past. It also coincides with deep federal funding cuts that threaten the financial stability of many nonprofits and with an effort to gut AmeriCorps programs, which sent 200,000 volunteers all over the country. A judge on Wednesday paused those cuts in some states, which had sued the Trump administration. Jennifer Sirangelo, president and CEO of Points of Light, said that while the campaign has been in development well before the federal cuts, the nonprofit's board members recently met and decided to move forward. 'What our board said was, 'We have to do it now. We have to put the stake in the ground now. It's more important than it was before the disruption of AmeriCorps,'' she said in an interview with The Associated Press. She said the nonprofit aims to raise and spend $100 million over the next three years to support the goal. Points of Light, which is based in Atlanta, was founded by President George H.W. Bush to champion his vision of volunteerism. It has carried on his tradition of giving out a daily award to a volunteer around the country, built a global network of volunteer organizations and cultivated corporate volunteer programs. Speaking Wednesday in New Orleans, Points of Light's board chair Neil Bush told the organization's annual conference that the capacity volunteers add to nonprofits will have a huge impact on communities. 'Our mission is to make volunteering and service easier, more impactful, more sustained," Bush said. "Because, let's be honest, the problems in our communities aren't going to fix themselves.' According to data from the U.S. Census Bureau and AmeriCorps, the rate of participation has plateaued since 2002, with a noticeable dip during the pandemic. Susan M. Chambré, professor emerita at Baruch College who studied volunteering for decades, said Points of Light's goal of doubling the number of volunteers was admirable but unrealistic, given that volunteer rates have not varied significantly over time. But she said more research is needed into what motivates volunteers, which would give insight into how to recruit people. She also said volunteering has become more transactional over time, directed by staff as opposed to organized by volunteers themselves. In making its case for increasing volunteer participation in a recent report, Points of Light drew on research from nonprofits like Independent Sector, the National Alliance for Volunteer Engagement and the Do Good Institute at the University of Maryland. Sirangelo said they want to better measure the impact volunteers make, not just the hours they put in, for example. They also see a major role for technology to better connect potential volunteers to opportunities, though they acknowledge that many have tried to do that through apps and online platforms. Reaching young people will also be a major part of accomplishing this increase in volunteer participation. Sirangelo said she's observed that many young people who do want to participate are founding their own nonprofits rather than joining an existing one. 'We're not welcoming them to our institutions, so they have to go found something,' she said. 'That dynamic has to change.' As the board was considering this new goal, they reached out for advice to Alex Edgar, who is now the youth engagement manager at Made By Us. They ultimately invited him to join the board as a full voting member and agreed to bring on a second young person as well. 'I think for volunteering and the incredible work that Points of Light is leading to really have a deeper connection with my generation, it needs to be done in a way that isn't just talking to or at young people, but really co-created across generations,' said Edgar, who is 21. Karmit Bulman, who has researched and supported volunteer engagement for many years, said she was very pleased to see Points of Light make this commitment. 'They are probably the most well known volunteerism organization in the country and I really appreciate their leadership,' said Bulman, who is currently the executive director of East Side Learning Center, a nonprofit in St. Paul. Bulman said there are many people willing to help out in their communities but who are not willing to jump through hoops to volunteer with a nonprofit. 'We also need to recognize that it's a pretty darn stressful time in people's lives right now,' she said. "There's a lot of uncertainty personally and professionally and financially for a lot of people. So we need to be really, really flexible in how we engage volunteers." ___ Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit
Reuters
15 minutes ago
- Reuters
Houston Trial Attorney Will Moye Secures $37.9 Million Verdict in Zero-Offer Case Against 3M, Just One Day After Helping Defeat Texas Tort Reform Bill
HOUSTON, TX, June 6, 2025 (EZ Newswire) -- In a victory for Texas plaintiffs and community safety, Will Moye, opens new tab, founding attorney of Moye Law Firm, opens new tab secured a $37.9 million jury verdict Tuesday in a case where 3M offered nothing to settle. The win came just one day after Moye helped defeat Senate Bill 30, opens new tab (SB 30), a controversial tort reform measure, opens new tab aimed at capping civil jury awards and limiting Texans' access to full compensation. 'This was a week where truth prevailed at the Capitol and in the courtroom. We warned the legislature that SB 30 would silence victims and their families. And on Monday, that bill died. On Tuesday, a Harris County jury sent a $37.9 million message that justice still matters in Texas,' Moye said. Moye tried the case alongside Robert Kwok and Ryan Loya of Kwok Daniel, LLP. The jury found 3M and its subsidiary Teledyne Detcon responsible for selling and servicing a gas detection system that catastrophically failed during the January 2020 explosion at Watson Grinding and Manufacturing. The blast killed three people, injured many more, and destroyed hundreds of homes in Houston's Spring Branch neighborhood. Trial evidence showed that a 3M technician had falsely certified the system as operational, despite critical alarms and sensors never being properly connected. Before trial, 3M refused to offer even a nominal settlement. Instead, the company insisted it bore no responsibility and urged the jury to assign all blame to Watson Grinding, which filed for bankruptcy shortly after the explosion. At one point during trial, a 3M attorney asked one of the plaintiffs, a 50-year-old Latina housekeeper whose home and health were destroyed, why she had not 'just driven for Uber' to recover financially. 'That kind of corporate arrogance is exactly why we go to trial. They didn't take the case seriously. Thankfully, the jury did,' Moye said. With five years of pre-judgment interest, the total judgment is expected to exceed $40 million. Frequently Asked Questions Who is Will Moye? Will Moye, opens new tab is a veteran Houston trial attorney with more than two decades of courtroom experience. He previously defended some of the world's largest corporations before founding his own plaintiffs-only law firm in 2024. What is the Watson Grinding explosion case? The January 24, 2020 explosion at Watson Grinding and Manufacturing in Spring Branch killed three people and destroyed a residential neighborhood. Moye helped prove that 3M and Teledyne Detcon failed to properly install or test a gas detection system that could have prevented the blast. What was the verdict? A Harris County jury awarded $37.9 million to five plaintiffs. With pre-judgment interest, the award will exceed $40 million. Why is this verdict significant? The verdict coincided with the death of SB 30, Texas legislation aimed at reducing large jury awards. Will Moye played a direct role in defeating the bill and securing justice for his clients—all in the same week. About Will Moye and Moye Law Firm Will Moye, opens new tab is a courtroom-tested trial attorney with over 25 years of experience representing both plaintiffs and defendants. Before founding Moye Law Firm, opens new tab, he spent his career defending some of the nation's largest energy companies, manufacturers, and insurers, giving him a rare, strategic understanding of how powerful corporations assess and fight legal claims. Today, Moye uses that insider knowledge, opens new tab to fight for individuals and families, opens new tab catastrophically harmed by explosions, workplace safety failures, defective products, and corporate negligence. He has tried high-stakes cases across Texas, from major metropolitan areas like Harris and Travis Counties to smaller rural venues, earning a reputation for tough, strategic, and compassionate advocacy. Moye is a member of the American Board of Trial Advocates (ABOTA), one of the most prestigious organizations in the legal profession, reserved for experienced trial lawyers who exhibit high personal character, integrity, and proficiency in trial advocacy. He founded Moye Law Firm in 2024. Headquartered in Houston, it is a plaintiffs-only trial firm dedicated exclusively to catastrophic personal injury and wrongful death litigation. The firm's mission is simple: to deliver fearless, strategic, and personalized representation to those whose lives have been shattered by preventable disasters. The firm's attorneys bring over 80 years of combined courtroom experience, including significant backgrounds as former defense counsel for major corporations. Their unique perspectives enables the firm to anticipate defense strategies and build powerful, winning cases on behalf of injured clients. Their primary practice areas include: For more information, visit opens new tab. Media Contact Amanda Orramanda@ ### SOURCE: Moye Law Firm Copyright 2025 EZ Newswire See release on EZ Newswire
Finextra
39 minutes ago
- Finextra
Finding Your Crypto Home: What Makes an Exchange Platform Trustworthy: By Priyanka Rao
The cryptocurrency market has evolved dramatically, with thousands of digital assets now available for trading. Yet this expansion has brought a parallel rise in fraudulent platforms designed to steal funds or personal data. Selecting a trustworthy cryptocurrency exchange website has become a critical decision for investors – one that directly impacts both portfolio security and trading success. Recent data shows that crypto scams resulted in losses exceeding $3 billion in 2024 alone, with fake exchanges accounting for a significant portion of these thefts. This guide examines the key factors that distinguish legitimate exchanges from fraudulent ones, helping you identify platforms worthy of your investment. Key Indicators of a Legitimate Cryptocurrency Exchange Legitimate exchanges demonstrate their trustworthiness through concrete factors reflecting commitment to user protection. Unlike fraudulent platforms, reputable exchanges invest in compliance, security infrastructure, and operational transparency. Established platforms like Coinbase, Kraken, and Gemini prioritize these elements, creating accountability mechanisms that protect users from potential risks. Regulatory Compliance and Licensing Regulatory compliance represents a primary indicator of exchange legitimacy. In the US, legitimate exchanges register with multiple agencies: The Securities and Exchange Commission (SEC) for securities tokens. The Commodity Futures Trading Commission (CFTC) for commodity-based cryptocurrencies. State-level money transmitter licenses. FinCEN registration as Money Services Businesses. Compliant exchanges implement robust Know Your Customer (KYC) procedures and Anti-Money Laundering (AML) protocols. Before creating an account, verify an exchange's regulatory status by checking license numbers and confirming compliance with relevant jurisdictions. Transparent Company Information and Operations Legitimate exchanges provide clear transparency about: Publicly identified leadership with verifiable backgrounds. Corporate structure and registration information. Physical headquarters address. Explanations of how funds are secured. Transparent fee structures. Published audit results. Fraudulent exchanges typically obscure leadership, provide vague company information, and avoid specifics about operations – all significant red flags when evaluating platforms. Security Features That Matter Security infrastructure represents perhaps the most critical differentiator between legitimate and fraudulent exchanges. Reputable platforms invest millions in multi-layered security systems designed to protect assets under all circumstances. Key security features to evaluate include: Two-factor authentication implementation (mandatory vs. optional). Cold storage protocols (percentage of assets kept offline). Encryption standards for data transmission and storage. Regular penetration testing with published results. Wallet security architecture (multi-signature requirements). Bug bounty programs that incentivize security researchers. Exchanges like Coinbase maintain approximately 98% of customer assets in cold storage completely disconnected from the internet, effectively protecting them from online attacks. Similarly, Gemini's security framework includes SOC 2 Type 2 compliance, demonstrating commitment to operational excellence through independent examination. Asset Protection and Insurance Beyond basic security measures, leading exchanges implement additional asset protection mechanisms: Insurance policies covering digital assets in case of theft. Segregated user accounts that separate operating capital from customer funds. Proof of reserves demonstrations that verify sufficient backing. Third-party custody arrangements with qualified custodians. Regular financial audits by established accounting firms. For example, Coinbase maintains insurance coverage for digital assets held in their hot wallets, while BitGo provides up to $250 million in insurance for qualified custody clients. These protective measures create crucial safety nets beyond standard security protocols. When evaluating an exchange, specifically ask about: The percentage of assets kept in cold storage. Insurance coverage details and limitations. How the exchange handles security breaches. Published security incident history and resolution process. Trading Features and User Experience Legitimate exchanges deliver precise, reliable trading experiences without unrealistic promises. Their platforms feature: Accurate market data from verifiable sources. Transparent order books showing actual trading activity. Reasonable fee structures clearly displayed before trading. Reliable liquidity that enables order execution at expected prices. Trading interfaces that present information accurately. Suspicious exchanges often inflate trading volumes through wash trading (creating artificial activity), promise unrealistic returns, or offer "guaranteed" profit opportunities. These tactics artificially boost visibility metrics while creating the illusion of market depth. Trade volume verification has become increasingly important in evaluating exchange legitimacy. Services like Nomics and Messari now provide "Transparent Volume" metrics that assess the credibility of reported trading volumes. Exchanges receiving high transparency ratings demonstrate commitment to honest reporting of meaningful trading activity. How to Verify an Exchange's Reputation Beyond advertised features, practical verification steps help determine an exchange's actual reliability: Check independent reviews: Platforms like Trustpilot, Reddit's r/cryptocurrency community, and specialized forums provide unfiltered user experiences. Look for patterns in complaints rather than isolated incidents. Test customer support: Contact support with questions before depositing funds. Response time and quality reveal much about operational standards. Start with small transactions: Test withdrawal processes with minimal amounts before committing significant capital. Verify trading volume legitimacy: Use tools like CoinGecko's "Trust Score" or CoinMarketCap's liquidity metrics to assess volume credibility. Check blockchain activity: For major exchanges, services like Glassnode or Chainalysis provide insights into actual on-chain movement confirming reported volumes. The cryptocurrency ecosystem continues maturing, with clear differentiation emerging between trustworthy platforms and questionable operations. By evaluating exchanges through these concrete criteria rather than marketing claims alone, investors can significantly reduce their exposure to fraudulent platforms and find genuine partners for their crypto journey.
