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Encinitas, CA

Business
Ousted NY CEO Dodges $12K In Losses Trading On Insider Info, Feds Say Ousted NY CEO Dodges $12K In Losses Trading On Insider Info, Feds Say
Ousted NY CEO Dodges $12K In Losses Trading On Insider Info, Feds Say The former CEO of a New York telecommunications company is accused of engaging in insider trading just hours after he was fired, dodging thousands in losses. Ken Peterman, 67, was arrested Wednesday, Dec. 11, on federal charges of insider trading and securities fraud. Prosecutors said Peterman exploited non-public information about Melville-based Comtech Telecommunications’ poor financial performance and his impending termination to sell company shares, avoiding significant financial losses. According to the US Securities and Exchange Commission (SEC), he violated two trading blackouts whe…

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by Michael Mashburn
Lifestyle
COVID-19: Pandemic Leads To Emergence Of Remote Co-Living Spaces COVID-19: Pandemic Leads To Emergence Of Remote Co-Living Spaces
Covid-19: Pandemic Leads To Emergence Of Remote Co-Living Spaces An odd blend of community and isolation is springing up amid the COVID-19 pandemic as people seek to work remotely from interesting spaces. Young professionals who fled big cities at the start of the pandemic in early 2020 are more and more choosing to live in the type of real estate geared toward communal living, according to a Wall Street Journal report. “Many of those who left were seeking fresh air, more space and distance from infection clusters, but they also found the prospect of being isolated in the country daunting,” the article noted. Now shared vacation homes, farms and conve…

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by Kristin Palpini