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John Bolton Slams Trump Cabinet Pick Seb Gorka as a ‘Con Man’Wall Street faced a sudden reversal of fortunes on Friday as a widespread sell-off put a dampener on the holiday cheer. The significant decline halted the Dow Jones Industrial Average's win streak that followed its worst losing spell since 1974. This broad-based retreat affected even the tech and growth stocks that had previously driven market gains. The Dow plummeted by 333.59 points, or 0.77%, settling at 42,992.21. Similarly, the S&P 500 witnessed a loss of 66.75 points (1.11%), closing at 5,970.84, while the Nasdaq Composite nose-dived by 298.33 points (1.49%) to end at 19,722.03. Experts pointed out that profit-taking and portfolio rebalancing could be responsible for Friday's market movements. The spiking U.S. Treasury yields, reaching over seven-month highs, have contributed to higher borrowing costs, affecting prominent tech companies dubbed the 'Magnificent Seven'. Among these, Tesla led the declines with a 5% drop, casting a shadow over what could have been a seasonal Santa Claus rally. However, despite the turmoil, all three indices closed the week with gains. (With inputs from agencies.)
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Siyata Mobile Inc. SYTA shares are trading higher on Friday, possibly following the company’s announcement of a 1-for-10 reverse stock split on Tuesday. What To Know: The move is aimed at maintaining compliance with Nasdaq’s $1 minimum bid price requirement. The reverse stock split will be effective on Dec. 27, 2024, with trading on a post-split basis commencing the same day under the ticker symbol “SYTA.” The reverse stock split consolidates every 10 existing shares into one new share. Outstanding stock options, warrants and other convertible securities will also be adjusted to reflect the new ratio. No fractional shares will be issued, with fractions rounded up to the nearest whole number. Siyata, a global provider of Push-to-Talk over Cellular devices and cellular signal boosters, clarified that the split does not affect the par value or authorized number of shares. The transfer agent, Computershare, will handle the exchange process for registered shareholders. Those holding shares electronically or through brokers will have their positions adjusted automatically. Despite the stock price jump, the company warned there is no guarantee it will maintain compliance with the minimum bid price requirement after the split. SYTA Price Action: Siyata Mobile shares were up 23.62% at $6.43 at publication Friday, according to Benzinga Pro. Read Next: Apple Teases Streaming ‘See For Yourself’ Event: Could This Be A Free Preview Of AppleTV+ Or Ad-Supported Platform? Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Tommy Fury's former opponent Genadij Krajevskij dies aged 37 as tributes pour in
TradingView Empowers Investors to Discover Their Financial Fit!VERMILLION, S.D. (AP) — Aidan Bouman threw a 25-yard touchdown pass to Javion Phelps with 12 seconds left and South Dakota defeated FCS top-ranked North Dakota State 29-28 on Saturday to claim a share of its first Missouri Valley Football Conference championship. The Coyotes (9-2, 7-1) trailed 28-17 when Bouman threw deep to Jack Martens for a 40-yard touchdown with 3:22 remaining. They got the ball back with 1:16 left and six plays later Bouman was sacked. The Coyotes quickly lined up and Bouman found Phelps alone 2 yards shy of the end zone along the left sideline and he easily scored. South Dakota won its first game against the Bison in Vermillion since a four-overtime thriller in 2002. The Bison had won the last five meetings in the DakotaDome. The Coyotes took a 14-0 lead on two Travis Theis rushing touchdowns but the Bison (10-2, 7-1) tied the game with two scores in the final 2:26 of the first half, a 23-yard pass from Cam Miller to Braylon Henderson and a 3-yard TD run by Miller. Miller scored from 2 yards out late in the third quarter and CharMar Brown completed a 20-play, 99-yard drive that took nearly 11 minutes with a 1-yard score for a 28-17 Bison lead with just over four minutes to go. Bouman was 18-of-30 for 271 yards and two touchdowns. Miller was 9-of-21 passing with one touchdown and he rushed for 82 yards and another score. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25 Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more.
Josh Hubbard scored 25 points and Claudell Harris Jr. scored 21 on 6-of-9 shooting as Mississippi State escaped with a 91-84 win against Prairie View A&M on Sunday in Starkville, Miss. Prairie View A&M took a 65-64 lead with 10:38 remaining, but Hubbard and Harris Jr. each scored seven points to power the ensuing 14-1 run that put Mississippi State up for good. Hubbard punctuated the rally with a 3-pointer that made it 78-66 with 5:51 to play. The Bulldogs (8-1) stretched their lead to as many as 13 points in the closing minutes to notch their second straight win. Shawn Jones Jr. added 11 points for Mississippi State, while Michael Nwoko added 10 points and 10 rebounds. RJ Melendez also netted 10 points. The Panthers (1-8) were led by the trio of Nick Anderson (21 points) Tanahj Pettway (20) and Marcel Bryant (19). Pettway drilled 4 of 5 3-pointers and Bryant grabbed seven rebounds. Prairie View A&M got off to a hot start, opening up a 27-12 lead with 10:42 left in the first half. It was a surprising haymaker from the visitors, who entered the game winless in Division I play and faced a Bulldogs team that was ranked last week. Mississippi State eventually found its stride offensively, turning things around with a 32-17 run to tie the game at 44 entering halftime. The Bulldogs shot 50 percent from the field overall in the first half, but only made six of their 17 attempts from 3-point range (35.3 percent). Their defense remained an issue throughout the half, with the Panthers hitting 16 of their 27 shots (59.3 percent) and canning 5 of 8 3-pointers. Neither team led by more than five early in the second half until Mississippi State pulled away. The Bulldogs finished the game shooting 55.6 percent from the floor (30-of-54) and drilled 11 of 26 attempts (42.3 percent) from long range. They outrebounded Prairie View A&M 35-22 and outscored them 31-20 in bench points. The Panthers held a 34-32 advantage in points in the paint and shot 56.4 percent overall for the game, including 52.6 percent (10-of-19) on threes. --Field Level Media
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TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . "The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well," LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.
Cowboys linebacker DeMarvion Overshown could miss 2025 season after latest knee injury, coach saysPakistan police said on Wednesday they had arrested nearly 1,000 protesters who marched on the capital Islamabad demanding the release of jailed ex-prime minister Imran Khan, after crowds were evicted from the city centre in a sweeping security crackdown. Khan has been jailed since August 2023, sidelined by dozens of legal cases he claims were concocted to prevent his comeback in elections this year marred by rigging allegations. Since the February vote, his Pakistan Tehreek-e-Insaf (PTI) party has defied a government crackdown with regular rallies, but Tuesday's gathering was by far the largest to grip the capital since the poll. More than 10,000 protesters surged into the city, defying a lockdown and a ban on public gatherings to skirmish with 20,000 security forces enlisted to turn them back. Islamabad Police Inspector General Ali Nasir Rizvi said 954 protesters had been arrested between Sunday and Tuesday, when crowds came within 1.6 kilometres of a public square they aimed to occupy. The government said at least one police officer and four state paramilitary personnel had been killed, before the main thoroughfare was cleared by forces armed with tear gas and batons early on Wednesday. Interior Minister Mohsin Naqvi said in a statement that security forces had "bravely repulsed the protesters" as PTI told activists on social media the rally was cancelled "for the time being." Khan made a statement from his cell outside Islamabad calling supporters to the capital on Tuesday. But the crowds were led by his key lieutenant Ali Amin Gandapur and his wife Bushra Bibi, who was also jailed earlier this year but released last month. "The movement is continuing and it will be ended only by Imran Khan," said Gandapur after retreating from Islamabad to northwestern Khyber Pakhtunkhwa province where he serves as chief minister. Prime Minister Shehbaz Sharif called the protests "extremism." Since Sunday, his ministers have held regular press conferences in central Islamabad vowing no mercy for the oncoming marchers. (AFP)None
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Nittany Lions regulars sustain serious leg injuries at MinnesotaWASHINGTON — Pete Hegseth fought to save his nomination to be Donald Trump’s defense secretary Wednesday as the president-elect considered possible replacements in the face of growing questions about the former Fox News host’s personal conduct and ability to win Senate confirmation. Hegseth met with legislators on Capitol Hill and conducted a radio interview to deny allegations of sexual assault and excessive drinking, insisting he was “not backing down one bit” and that Trump still supports him. The president-elect’s team was looking at alternatives including Florida Gov. Ron DeSantis. Trump remained quiet about Hegseth while issuing a flurry of statements on social media Wednesday about other nominees and his news coverage. Hegseth is the latest nominee-designate to be imperiled by personal baggage after the recent withdrawal of Trump’s initial pick for attorney general, former Rep. Matt Gaetz, whose vulnerabilities were well-documented. But Hegseth’s past, including the revelation that he made a settlement payment after being accused of a sexual assault that he denies, was not widely known. Hegseth paid a woman who accused him of sexual assault at a California hotel in 2017 after Hegseth had given a speech at a Republican event. His lawyer said the payment was to head off the threat of a baseless lawsuit. The Trump transition team was increasingly concerned about Hegseth’s path to Senate confirmation and actively looking at potential replacements, a person familiar with the matter said. Three other people said DeSantis, who competed against Trump for the Republican presidential nomination in 2024, was being discussed as an option if Hegseth’s nomination does not move forward. The people spoke on condition of anonymity. Beyond DeSantis, there have also been discussions about shifting Michael Waltz, who was chosen by Trump for national security adviser, to the Defense Department, according to another person familiar with the matter who spoke on condition of anonymity. As he made the rounds on Capitol Hill, Hegseth told reporters that he had received a fresh message of support from Trump. He ignored questions about the allegations he faced. Hegseth, accompanied by his wife, held talks in private with GOP senators before shifting to the House to meet with legislators there. While House members have no direct role in the confirmation process, conservatives can hold outsize influence on the debate. Get local news delivered to your inbox!
Practical steps needed to strengthen trade ties with Canada: ShafayI refer to Professor Teo Yik Ying’s Opinion piece “ Say aah! Why is Singapore neglecting dental health? ” (Nov 20). Neglecting dental health is a significant problem which goes beyond the oral and facial regions. The World Health Organisation identifies it as a key indicator of overall health, well-being and quality of life. Take this simple but all too common example – tooth decay and/or gum disease can lead to tooth loss, which can lead to chewing difficulties, poor diet and nutrition, low self-esteem, difficulty speaking and a lower quality of life. Prof Teo suggests sound solutions in which, importantly, all health professionals, government, industry and community can contribute. Good health literacy lets people access, understand and use information in ways which promote and maintain good health – for example, through preventive care. Inter-professional collaborative health practice, implemented recently at NUS as a common curriculum among health professional students, helps with this, particularly as dental disease has common risk factors with other diseases such as obesity, cardiovascular disease and diabetes. Such courses ensure that health professionals speak a common language, underpinned by evidence, that has relevance to all health disciplines and, importantly, the community and patient. It is time for us to step out of our respective disciplinary “tribes” and focus on a total patient care approach. Incentivising subsidised dental care is a great idea, and those demonstrating good preventive habits and related health outcomes could receive increased subsidisation. When I arrived in Singapore 15 months ago to join NUS’ Faculty of Dentistry as its dean, I was surprised that dental care was not a part of Healthier SG. This omission needs rectification, and as Prof Teo outlined, with encouragement on prioritising prevention over corrective treatments. The workforce to achieve this is not limited to dentists, but must include oral health therapists, the key behaviour change agents in the dental team. Let’s also consider non-dental workers, such as other health or social workers, neighbours, community centres and workplaces, to contribute to improving dental health in the community. It’s time for us to focus on making the whole greater than the sum of the parts by integrating all stakeholders into the dental team. Chris Peck Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now
'Conspiracy theorist' lawmaker reveals why he's 'vindicated' by report disclosing number of FBI spies on January 6 Rep. Thomas Massie has wondered for years if the feds were involved in J6 CLICK HERE: Sign up for DailyMail.com's daily U.S. politics newsletter By JON MICHAEL RAASCH, U.S. POLITICAL REPORTER FOR DAILYMAIL.COM Published: 19:03 GMT, 13 December 2024 | Updated: 19:51 GMT, 13 December 2024 e-mail 14 View comments A Republican lawmaker says a bombshell report revealing the FBI had spies on the ground on January 6 backs up his suspicions. Kentucky Republican Rep. Thomas Massie for years has grilled officials on whether the federal government had any agents or sources at the Capitol riot. Attorney General Merrick Garland , FBI Director Christopher Wray and FBI Inspector General Michael Horowitz all told Massie they either didn't know or were unaware of a federal presence at the January 6 events. But following years of investigation by the FBI, Horowitz finally published an internal review on what happened on Thursday, including an admission that federal assets were not only in the crowd outside the Capitol , but some even went inside. 'For years I was called a conspiracy theorist for asking Garland, Wray, and Horowitz whether government assets participated in J6,' Massie posted on X Friday. 'Yesterday I was vindicated,' he continued. 'DOJ IG report confirms there were FBI confidential human sources in the crowd, entering the Capitol, and breaking laws.' Attached to his post was a edited video playing his questions to the top law enforcement officials in the years since January 2021. Rep. Thomas Massie, R-Ky., wrote on X that he feels vindicated for his efforts to uncover whether federal officials were in the crowd at the January 6 protest after an FBI report published this week revealed confidential human sources were present Pro-Trump protesters, including Proud Boys leader Joe Biggs, (plaid shirt at bottom center of frame,) gather in front of the U.S. Capitol Building on January 6, 2021 The clips show Massie questioning Garland, Wray and Horowtiz at different congressional hearings about what they knew and when. They didn't provide the Republican with how many assets were there, often claiming to have zero knowledge on that topic, despite their powerful positions atop the DOJ. 'We found no evidence in the materials we reviewed or the testimony we received showing or suggesting that the FBI had undercover employees in the various protest crowds, or at the Capitol, on January 6 ,' the report released Thursday stated. But the inspector general revealed that the DOJ had 26 confidential human sources working for the FBI in Washington, D.C., during the protests. Confidential human sources work with the FBI to offer them information and insights about the inner workings of organizations threatening the country, such as criminal, terrorist and espionage networks. According to the DOJ, these informants can be cashed out for the information they pass along to the feds. During the Capitol riot four of the confidential human sources entered the Capitol building, 13 of them entered the restricted area around the Capitol. The report stated that none of the confidential sources were authorized to enter the Capitol or break the law, but that four of them did. Protestors on the steps of the U.S. Capitol on January 6, 2021 President-elect Donald Trump signaled Sunday night that he intends to use Joe Biden's pardon of his son Hunter to his own advantage and pardon January 6 defendants The FBI report further noted there was a confidential human source who was in contact with the leadership of far-right groups such as the Oath Keepers, and were aware of plans discussed by the Proud Boys. According to the Justice Department, 140 police officers were assaulted during the attack on the Capitol, including 80 U.S. Capitol Police officers and 60 from DC's Metropolitan Police Department. Vice President JD Vance reacted to the report on social media Thursday afternoon. 'For those keeping score at home, this was labeled a dangerous conspiracy theory months ago,' he wrote. 'None of the CHSs who entered the Capitol or a restricted area has been prosecuted to date,' the report notes. It comes after Trump signaled Sunday night that he intends to use Joe Biden's pardon of his son Hunter to his own advantage and pardon January 6 defendants. 'Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years? Such an abuse and miscarriage of Justice!' Trump wrote, in his first public comment since Biden announced the pardon. FBI Politics Share or comment on this article: 'Conspiracy theorist' lawmaker reveals why he's 'vindicated' by report disclosing number of FBI spies on January 6 e-mail Add comment
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WASHINGTON — The Supreme Court seemed likely Wednesday to uphold Tennessee's ban on gender-affirming care for minors. The justices' decision, not expected for several months, could affect similar laws enacted by another 25 states and a range of other efforts to regulate the lives of transgender people, including which sports competitions they can join and which restrooms they can use. The case is being weighed by a conservative-dominated court after a presidential election in which Donald Trump and his allies promised to roll back protections for transgender people. The Biden administration's top Supreme Court lawyer warned a decision favorable to Tennessee also could be used to justify nationwide restrictions on transgender health care for minors. Supporters of transgender rights rally Wednesday outside the Supreme Court in Washington. In arguments that lasted more than two hours, five of the six conservative justices voiced varying degrees of skepticism over arguments made by the administration and Chase Strangio, the ACLU lawyer for Tennessee families challenging the ban. Chief Justice John Roberts, who voted in the majority in a 2020 case in favor of transgender rights, questioned whether judges, rather than lawmakers, should weigh in on a question of regulating medical procedures, an area usually left to the states. "The Constitution leaves that question to the people's representatives, rather than to nine people, none of whom is a doctor," Roberts said in an exchange with Strangio. Justice Neil Gorsuch, who wrote the majority opinion in 2020, said nothing during the arguments. The court's three liberal justices seemed firmly on the side of the challengers, but it's not clear that any conservatives will go along. People attend a rally March 31, 2023, as part of a Transgender Day of Visibility, near the Capitol in Washington. Justice Sonia Sotomayor pushed back against the assertion that the democratic process would be the best way to address objections to the law. She cited a history of laws discriminating against others, noting that transgender people make up less than 1% of the U.S. population, according to studies. There are an estimated 1.3 million adults and 300,000 adolescents ages 13 to 17 who identify as transgender, according the UCLA law school's Williams Institute. "Blacks were a much larger part of the population and it didn't protect them. It didn't protect women for whole centuries," Sotomayor said in an exchange with Tennessee Solicitor General Matt Rice. Justice Ketanji Brown Jackson said she saw some troubling parallels between arguments made by Tennessee and those advanced by Virginia and rejected by a unanimous court, in the 1967 Loving decision that legalized interracial marriage nationwide. Quoting from that decision, Jackson noted that Virginia argued then that "the scientific evidence is substantially in doubt and, consequently, the court should defer to the wisdom of the state legislature." ACLU lawyer Chase Strangio, left, and plaintiff Joaquin Carcano address reporters after a June 25, 2018, hearing in Winston-Salem, N.C., on their lawsuit challenging the law that replaced North Carolina's "bathroom bill." Justice Samuel Alito repeatedly pressed Strangio, the first openly transgender lawyer to argue at the nation's highest court, about whether transgender people should be legally designated as a group that's susceptible to discrimination. Strangio answered that being transgender does fit that legal definition, though he acknowledged under Alito's questioning there are a small number of people who de-transition. "So it's not an immutable characteristic, is it?" Alito said. Strangio did not retreat from his view, though he said the court did not have to decide the issue to resolve the case in his clients' favor. There were dueling rallies outside the court in the hours before the arguments. Speeches and music filled the air on the sidewalk below the court's marble steps. Advocates of the ban bore signs like "Champion God's Design" and "Kids Health Matters," while the other side proclaimed "Fight like a Mother for Trans Rights" and "Freedom to be Ourselves." Four years ago, the court ruled in favor of Aimee Stephens, who was fired by a Michigan funeral home after she informed its owner she was a transgender woman. The court held that transgender people, as well as gay and lesbian people, are protected by a landmark federal civil rights law that prohibits sex discrimination in the workplace. The Biden administration and the families and health care providers who challenged the Tennessee law urged the justices to apply the same sort of analysis that the majority, made up of liberal and conservative justices, embraced in the case four years ago when it found that "sex plays an unmistakable role" in employers' decisions to punish transgender people for traits and behavior they otherwise tolerate. Demonstrators against transgender rights protest Wednesday during a rally outside of the Supreme Court in Washington. The issue in the Tennessee case is whether the law violates the equal protection clause of the 14th Amendment, which requires the government to treat similarly situated people the same. Tennessee's law bans puberty blockers and hormone treatments for transgender minors, but allows the same drugs to be used for other purposes. Solicitor General Elizabeth Prelogar, the administration's top Supreme Court lawyer, called the law sex-based line drawing to ban the use of drugs that have been safely prescribed for decades and said the state "decided to completely override the views of the patients, the parents, the doctors." She contrasted the Tennessee law with one enacted by West Virginia, which set conditions for the health care for transgender minors, but stopped short of an outright ban. Gender-affirming care for youth is supported by every major medical organization, including the American Medical Association, the American Academy of Pediatrics and the American Psychiatric Association. Stay up-to-date on the latest in local and national government and political topics with our newsletter.
Wall Street stocks surged to fresh records Wednesday on hopes about easing US monetary policy, shrugging off political upheaval in South Korea and France. All three major US indices scored records, with the Dow Jones Industrial Average finishing above 45,000 for the first time. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.
Breaking News Don't miss out on the headlines from Breaking News. Followed categories will be added to My News. After a far-right pro-Russia candidate secured a surprise lead in Romania's presidential election Monday, the eastern European NATO member is bracing for a high-stakes parliamentary vote on Sunday, amid fears it could bring about a strategic shift in the country. Calin Georgescu was in pole position with almost 23 percent after the first round of voting, a political earthquake in the country of 19 million people that has so far resisted nationalist appeals that have gained traction in Hungary and Slovakia. His victory ahead of centre-right mayor Elena Lasconi -- who scored 19.18 percent -- ended the hopes of Prime Minister Marcel Ciolacu to compete for the presidency in the December runoff. After coming third at 19.15, Ciolacu said his Social Democratic Party (PSD) won't challenge the narrow result, and announced his resignation as party leader. Experts say the far right's surprise success could affect the parliamentary elections later this week, and even influence the chances of forming a future government. - 'Existential battle' - In the runoff ballot on December 8, Lasconi will face Georgescu, a NATO critic who in the past expressed his admiration for Russian President Vladimir Putin. Georgescu's popularity surged ahead of the vote with a viral TikTok campaign calling for an end to aid for Ukraine, which shares a 650-kilometre (400-mile) border with Romania. In a first reaction on his YouTube channel, the 62-year-old independent candidate insisted "there is no East or West", stressing that neutrality was "absolutely necessary". "I am not an extremist, I am not a fascist -- I am a Romanian who loves his country," he said in reference to media reports that "tried to portray" him in a wrongful way. For his rival Lasconi, the upcoming runoff represents "an existential battle", "a historic confrontation" between those who wish to "preserve Romania's young democracy" and those who want to "return to the Russian sphere of influence". "We must not allow anger to throw us back into the past," she said to thunderous applause from her supporters, vowing to stand up for Europe and NATO. The political earthquake comes amid soaring inflation and mounting fears of Romania being potentially dragged into Russia's war in neighbouring Ukraine, as the country has emerged as a key player on the alliance's eastern flank. - 'Serious and patriotic' - In Sunday's vote, another far-right contender, AUR party leader George Simion, secured nearly 14 percent. Already pounding the campaign trail for this week's parliamentary elections, Simion said Romania now has "the chance to have a sovereign government and a sovereign president". Overall, the far right won more than a third of all votes in Sunday's presidential ballot. "The far right is by far the big winner of this election," political scientist Cristian Pirvulescu told AFP, predicting a possible "contagion effect" in the parliamentary vote. Extremist forces and Lasconi's centre-right party now have "wind in their sails", sociologist Gelu Duminica said, though "it remains to be seen if they know how to capitalise" on it. The PSD, which has shaped the country's politics for more than three decades, has never before been eliminated in the first round of a presidential election. The National Liberal Party (PNL) party, with whom the PSD currently governs, also suffered a defeat. While many expressed their disbelief over the poll in the streets of the capital Bucharest, others were enthused. Maria Chis, 70, said she was surprised by Georgescu's lead in the first round but had been impressed after watching his TikTok videos. "He seems a man of integrity, serious and patriotic. He inspires seriousness. I think only someone like him can bring change," said the pensioner, who was planning to vote for him in the second round. Alex Tudose, the owner of a construction company, was gloomy. "There is sorrow, disappointment, that after so many years in Euro-Atlantic structures we voted for a pro-Russian by over 20 percent," the 42-year-old said. "There is clearly a strong fragmentation both in society and in the political class, and I think we saw that yesterday," he said. ani-anb-kym/sbk Originally published as Romania braces for parliamentary vote after far right's poll upset More related stories National Cops probe woman’s mysterious death New details have emerged as a man faced court on a slew of violent charges just days after the body of a woman was discovered. Read more Breaking News 40k homebuyers to get major boost Eligible first-homebuyers are closer to being able to co-purchase a home with the government after Labor finally passed its Help to Buy legislation through the Senate. Read moreBEREA, Ohio (AP) — Myles Garrett didn't know he had joined a prestigious list of defensive stars last week until one of his biggest fans pointed it out to him. “My dad was hyped about it,” he said. For good reason. With three sacks last week in Cleveland's 24-19 win in prime time over the Pittsburgh Steelers, Garrett became the seventh player to reach double-digit sacks in seven straight seasons since the stat became official in 1982. The others: Lawrence Taylor (1984-90), Reggie White (1985-93), Bruce Smith (1992-98), John Randle (1992-99), DeMarcus Ware (2006-12) and Jared Allen (2007-13). All of them is in the Hall of Fame except for Allen. “Hall of Famer,” Garrett said in praising the retired Minnesota Vikings edge rusher, who is again on the doorstep of induction as a semifinalist for the fifth straight year. Garrett is on track to get his own bronze bust one day in Canton, but until then, he's humbled to be in such elite company. “Guys I looked up to when I started my journey into this game,” said Garrett, who tries to bolster his resume on Monday night when the Browns (3-8) visit the Denver Broncos (7-5). “It’s absolutely amazing to be amongst those guys, not just looking up at them but looking side to side and standing amongst them. "So I want to continue to find myself on those lists and hopefully stand alone at the end of the day.” He's on his way. The NFL's reigning Defensive Player of the Year is having another monster season but probably not getting the recognition he deserves as the Browns, upended by continuous quarterback issues, have fallen way short of expectations. Garrett used the national TV platform against the Steelers to remind any detractors of his greatness. He sacked Russell Wilson three times, forced a fumble and outplayed Pittsburgh's T.J. Watt, the player to whom he is most often compared. The Garrett vs. Watt debate went to another level in February. On the day Garrett received his DPOY award, second-place finisher Watt seemed to take a shot at the Browns star by posting “Nothing I'm not used to” on social media. Those comments stuck with Garrett, who following the win over Pittsburgh — and Watt being held without a sack — didn't hold back in declaring himself the league's best pass rusher. “I wanted to make it known that I’m the guy, I’m the No. 1 edge defender,” Garrett said. It was an unusual boast from Garrett, who was asked why he felt he needed to express himself. “Because part of my journey of being the best player that I can be is I think I can be the best player that there is currently,” he said. ”So I have to live up to those expectations I have for myself. That’s just on the road to be the player that I want to be.” Garrett's unrelenting drive is what sets him apart. Although he'll enter Monday's game with 98 1/2 sacks and can become just the fifth player to reach 100 in his first eight seasons, joining White, Ware, Allen and Watt, it's not enough. “I still took too long,” said Garrett, who can become the first to do it before turning 29. “It’d have been tough to catch Mr. White, but hopefully this next however many number will come quicker than the first 100. So we’ll go out there and we’ll do what I do and try to take it up a notch.” Browns defensive coordinator Jim Schwartz marvels at Garrett's output despite double- and triple-team blocking. “He just continues to do stuff,” Schwartz said. “His production is so high, even though he’s a marked man, even though every game plan starts with, ‘Don’t let 95 wreck the game,’ and he still finds a way to wreck games.” Schwartz doesn't need to see any lists to know Garrett belongs among the best to ever rush a quarterback. “Yes, he does,” Schwartz said. "I think he’s just starting to hit his prime. I think he still has a lot left in front of him. The sky is the limit as far as he goes. And when it’s all said and done, maybe you’re comparing other people to him. That should probably be a goal for him.” AP NFL: https://apnews.com/hub/nflWe have much to be thankful for this year. One of those things is the defeat of Proposition 5, which would have made it easier to raise property taxes. Affecting homes, apartment buildings and commercial real estate, Prop. 5 would have burdened Californians with a higher cost of housing and a higher cost of living. We can all be grateful that voters resoundingly said no to that. It is also a good reminder of why we Californians should be thankful for Proposition 13, the 1978 initiative that put sensible limits on increases in property taxes, and put those limits into the state constitution. Prior to Proposition 13, property taxes were out of control. The tax rate throughout California averaged 2.67% of assessed value, and assessed value was regularly updated to match current market value. As inflation and market factors pushed property values higher and higher, homeowners received property tax bills based on their “paper profits,” with no limits on annual increases. Some properties were reassessed 50 to 100 percent higher in just one year, so their owners’ tax bills skyrocketed, often beyond the homeowners’ ability to pay. In one year in Los Angeles County alone, 400,000 people had not paid their property tax because they didn’t have the money, running the risk of being forced out of their homes. Retired people on fixed incomes were among the hardest hit. Many had paid off their mortgages yet faced losing their homes because they couldn’t afford the annual property tax bill. Then, just as millions of Californians were at risk of being driven out of their homes, Howard Jarvis gathered more than 1.5 million signatures to qualify a statewide initiative that would finally end excessive taxation and protect the security of property ownership — Proposition 13. An overwhelming majority of Californian voters voted for Proposition 13 despite a campaign of scare tactics. It turned out that nothing scared Californians more than opening their property tax bill. Proposition 13 made property taxes predictable and manageable. First, Prop. 13 cut the property tax rate from a statewide average of 2.67% down to 1%. To this day, even new homeowners are saving money compared to what they would have been paying. Check out the Howard Jarvis Taxpayers Association’s calculator at GuessingGame.org for a look at how much you’d be paying in annual property taxes if Prop. 13 had never passed. Second, it limits the annual increase in assessed value to the rate of inflation, capped at 2%. Under Prop. 13, even if a property doubles in market value in a single year, its “taxable value,” against which the assessor applies the 1% tax rate, can only be increased a maximum of 2% per year. Related Articles Opinion Columnists | Gavin Newsom should stop showboating and just do his job as governor of California Opinion Columnists | Will Trump double down on or fix Biden’s antitrust insanity? Opinion Columnists | Rafael Perez: Americans really need to relax and stop taking national politics so seriously Opinion Columnists | Elon Musk gets it: America’s legal immigration process need to change Opinion Columnists | Susan Shelley: The mundane reality of UFOs Third, Prop. 13 requires reassessment of property when it changes hands. This provides local governments with a stable and predictable source of tax revenue, which has grown virtually every year since 1978 in percentages that exceed inflation and population growth. Proposition 13 also protected taxpayers by requiring a two-thirds vote of the state legislature to raise taxes and by giving Californians the right to vote on local tax increases, with a two-thirds vote required to pass certain tax hikes. The two-thirds vote is particularly critical when it comes to property taxes. Because people can lose their homes if they can’t pay the property tax bill, the vote threshold must be higher than a simple majority of voters, many of whom are voting on a tax they won’t personally have to pay, at least not directly. It’s this two-thirds protection that Proposition 5 attempted to destroy. It’s hard enough to pay the bills in this state without politicians trying to raise taxes in every election. We’re thankful that Proposition 13 is protecting Californians, every day. Jon Coupal is president of the Howard Jarvis Taxpayers Association.
The best makeup brush sets take the guesswork out of building out your arsenal of tools. Rather than shopping for individual brushes and painstakingly deciding between the plethora of options, a set is already curated for you. While blending with your fingers or relying on a years-old sponge to do the job, experts emphasize that, the perfect tools will yield the best possible application. Vogue ’s Favorite Makeup Brush Sets: In This Story Before you stock up on a fully tricked out set, remember that less is more when searching for your ideal makeup brush set—especially if you’re a novice. Rachel Zoe’s makeup artist, Glenn Brownell , echoes this approach: “Look for makeup brushes that you can use to both apply and blend your makeup. You only need a few brushes for your face,” he tells Vogue. He emphasizes quality and versatility rather than quantity for everyday makeup routines. Brownell suggests finding a few multitasking brushes that can do the work of many—making application simple and seamless. A soft complexion brush, an angled concealer brush, and a fluffy eyeshadow brush are your all-stars for everyday. For more pro-level looks, celebrity makeup artists rely on an assortment of brushes in a varying sizes for eyes, lips, and face—including angled shading brushes for bold eyeshadow looks, ultra-fine lip brushes to perfect lipstick application, and precision eyeliner brushes for a cat-eye with sharp claws. Phew! All these and more below can be found in the best makeup brush sets—plus everything you should know about choosing the right one for you. Best Overall: Hourglass Vegan Brush Collection Best for Beginners : Sigma Beauty Essential Kit Best Vegan : Westman Atelier Petite Brush Collection Set Best for Finger-Like : Artis Digit Brush Set Best Minis : Lune+Aster Jet Set Brush Collection Best Angeled : Trish McEvoy The Power of Brushes Best Holiday Set : Laura Mercier Travel Brush Collection Best for a Flawless Base : Saie The Brush Collection Best Design: MAC Cosmetics Golden Touch Mini Makeup Brush Holiday Set Best Eco-Friendly : EcoTools Start The Day Beautifully Makeup Brush Set Best Drugstore : Real Techniques Everyday Essentials Set Best Blended Bristles : Morphe Face The Beat Makeup Brush Set Best Dual Impact: Jenny Patinkin Luxury Dual Ended Makeup Brush Set Best Minimalist : Amí Cole The Brush Trio Best Eyeshadow Brush Set : Luxie Rose Gold Eye Essential Brush Set Best Value : BS-Mall 14-Piece Brush Set Like choosing the correct utensil for your meal, makeup brushes have different purposes for different applications—after all, you wouldn’t use a fork for your soup nor a flat foundation brush for your smokey eye. While beautifully designed brush sets have undeniable appeal on a vanity, keep these practical considerations in mind as well:
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Thousands of Syrians celebrate in central Damascus during first Friday prayers since Assad's fallChinese vice premier encourages foreign firms to deepen cooperation with ChinaIt’s easy to forget that the future is created in the here and now. When Fear Factory released second album in 1995, it pointedly and powerfully predicted both metal’s future and the runaway train of interactive technology and artificial intelligence. More importantly, it changed the way heavy music sounded forever. In truth, Fear Factory were not the most likely candidates for widespread success. Their 1991 debut, , was an extraordinarily fresh and inventive extreme metal record that took its cues from , grindcore and industrial music, with vocalist Burton C. Bell’s then-unprecedented method of switching from guttural growl to haunting croon proving the element that contributed most to the band’s perceived uniqueness. But it wasn’t until 1993’s similarly groundbreaking remix EP that Burton and guitarist Dino Cazares’s musical vision would be truly brought to life. Comprising new versions of songs from their debut, dismantled and rebuilt by Rhys Fulber of industrial heavyweights Frontline Assembly, the record’s joyous cross-pollination set Fear Factory on the right track and towards the album that would soon define their career. “ is what we wanted to be,” Dino says. “We just didn’t have the technology to do that at first. We didn’t have the keyboard samples or the old-school computers that guys like Rhys were using. So we’d try to emulate the machine with guitars, bass, drums and vocals. If you listen to old industrial bands like KMFDM or , they’d sample a metal riff and then loop it so it was the same riff over and over. Well, we were trying to copy .” “Dino was trying to find a way to turbocharge their music and soup it up a little bit,” explains Rhys. “ got the band into industrial clubs where they wouldn’t have been played before. When it came to the next record, they asked me to bring more of that stuff into their music.” Instrumental in signing Fear Factory to all those years ago, renowned metal A&R Monte Conner (now of Nuclear Blast) plainly saw the potential in the band’s idiosyncratic approach, and he maintains that what they were doing was revolutionary. Sign up below to get the latest from Metal Hammer, plus exclusive special offers, direct to your inbox! “Fear Factory were pioneering from the beginning,” he insists. “Those vocals started on that first album – a brutal death metal band were putting in these poppy choruses, and how groundbreaking was that? But the goal when they were making was to evolve away from death metal and towards something completely new.” Thanks to the diverse tastes of all involved, Fear Factory were never destined to be another generic metal band. From death metal and industrial to electronica and soundtracks, everything the band loved was coalescing into a new and thrillingly unfamiliar identity. The early 90s were not the most auspicious time for metal in commercial terms, but alongside the likes of , Pantera, Machine Head and Korn, Fear Factory were throwing the genre a lifeline by simply devising a new way of doing things. “We had this vision of how we wanted Fear Factory to sound and it took us a while to grasp and understand our craft, and how to get to that point,” states Burton. “At the time of , everything came together. Lyrically, conceptually and sonically, the arrangements, the production... it all just clicked.” “We weren’t afraid of taking chances,” Dino adds, “but we were really just doing what we liked. Making bigger choruses or bringing in the techno elements, it was like, ‘This is the shit we like, so let’s do it!’ We had nothing to lose.” As Fear Factory’s music evolved, so did the band’s conceptual core. Although history may tend to paint the band as sci-fi nerds, perpetually banging on about man’s impending battle with robots, the true inspiration behind *Demanufacture *and its tales of rebellion against a corrupt technologically advanced elite came from the reality of life on the streets of Los Angeles in the first half of the 90s. “From 1990 to 1995, there were fires, floods and riots,” Dino explains. “In 1994 there was a big earthquake. So we saw LA being destroyed. We saw all the looters, we saw people shooting each other, we saw the National Guard patrolling our streets at night. So we were living it. Burt was able to channel all of that and put it into . The first line you hear on the album is That was what we saw.” “ was a concept album, but it was inspired by true events,” adds Burton. “We were in a hostile environment. The whole time leading up to the riots, you could sense tension in the air, between . Everyone was a target. No one trusted the police. It was surreal. There were guys on top of buildings with semi-automatic rifles, protecting their goods. We were living in times, fighting against the man and struggling for survival.” With high expectations, an incendiary concept and a handsome budget from an optimistic Roadrunner, Fear Factory began work on at the legendary Chicago Trax studio, chosen primarily because industrial mainstays like Ministry and Skinny Puppy had recorded there. “That studio was a fucking wreck,” Dino recalls with a sigh. “We started recording drums, the computer kept crashing, people were selling drugs out of the studio. We were like, ‘We need to get the fuck out of here!’” Keen to avoid any further delays, the band swiftly abandoned Chicago for Bearsville Studios in upstate New York. Esteemed British metal producer Colin Richardson was on board once again, having worked with the band on their debut, and Bearsville itself had a formidable reputation as a studio where legends like Alice Cooper and The Rolling Stones had committed classics to tape. “Bearsville is out in the fields in the middle of nowhere!” Dino chuckles. “We were city boys in the fucking mountains. While we were there, Faith No More were in one room, Bon Jovi were in the other, and we were in the middle. Let’s just say we hung out with Faith No More a , ha ha! We started doing drums and everything was going great, but when we started on guitars we hit a brick wall. Colin didn’t like my guitar tone. We fought about it for two weeks and didn’t record one fucking note!” In conflict with their producer, Dino and Burton could feel time slipping away and their budget rapidly evaporating. Colin remained adamant that Dino should change his equipment. Dino told Colin to fuck off. “I was like, ‘Fuck you, this is my sound!’ you know? One day I was so frustrated, I walked down to a fruit stand at the bottom of the hill from the studio,” says the guitarist. “There was a guy working there and he looked familiar, and it was the guitarist from [DC hardcore legends] Bad Brains, Dr Know! So I started talking with him and told him what was going on, and he said, ‘I’ve got some stuff you could use!’ So we plugged my amplifier into his cabinet and suddenly, boom, the tone was there! Everyone was wiping the sweat off their foreheads, you know? Ha ha!” With the deadlock broken, the making of began in earnest. With a greater emphasis on keyboards, samples and sound effects, but still driven forward by that synchronised and mechanistic blend of riffs and kick drums, the album’s 11 songs promised to be a radical new manifesto for metal. But such was the focus and ferocity of Dino Cazares’s vision for the album that he was rapidly coming to the conclusion that Colin Richardson was no longer the right man to mix it. “Producers hear things differently sometimes,” says Rhys Fulber. “But Dino was vehemently opposed to doing it Colin’s way. It’s a little bit sad that it was allowed to roll and a whole bunch of money was spent, but Colin did contribute great stuff to that record.” “Nothing against Colin, he’s brilliant, but I felt that we’d moved in a different direction,” explains Dino. “If he’d mixed it, it would’ve sounded like a typical metal record, and we needed to be outside the box. The first mix was ; the keyboards weren’t in the forefront, and we wanted them , so we took back control of the record. We started mixing the album with Rhys and [Frontline Assembly engineer/producer] Greg Reely and the first song that Greg mixed, we were like, ‘Oh my god, this is it!’” “We were at Enterprise Studio in Burbank, in this big room where they’d edit music and sound for films,” Burton recalls. “In front of this big, beautiful mixing desk there was this 20-foot movie screen, so we would play and , or Raymond [Herrera, ex-Fear Factory drummer] would be playing or on this huge screen, and that’s how we’d get our inspiration. It was an exciting, fun time.” was released on June 13, 1995, replete with fittingly groundbreaking artwork courtesy of noted graphic artist Dave McKean, and soon accrued some of that year’s most ecstatic reviews. It went on to become a huge success and its influence on successive generations of metal bands is unquestionable. Fear Factory’s next album, , would be even more successful and earn the band their only gold record in the US. However, it is for that Burton and Dino will inevitably be best remembered when they eventually hang up their boots. This December, they will hit the UK for a run of headlining dates, performing in its immaculate entirety. Fear Factory are one of the few bands that have the perfect excuse for revisiting the past: above all else, was ahead of its time and almost eerily prescient on multiple levels. Two decades on, it still sounds like the future. “It really is a masterpiece and Fear Factory don’t get the credit they deserve for being innovators,” says Monte Conner. “Their sound and their concept is only getting more relevant as time goes by.” “ put us on the map,” Burton concludes. “We were ahead of our time. What we did was raw and real and . That raw energy just wasn’t for the mainstream and I’m fine with that. I never wanted to be a mainstream artist. I wanted to be on the fringe and , and is still dangerous.” “Put this band in any venue and they will play like their lives depend on it”: While She Sleeps reiterate their place among the metalcore elite with exhilarating London show “It was a reaction to a life of being bullied and also a celebration of fun. A lot of the metal world didn’t understand that”: How Limp Bizkit’s Fred Durst became nu metal’s biggest star – and lived to tell the tale “If we weren’t tied to the whims of another band, things would be different. There’s been a lot of bumps in the road”: The story of Brad, the greatest Seattle band no one ever talks about Dom Lawson has been writing for Metal Hammer and Prog for over 14 years and is extremely fond of heavy metal, progressive rock, coffee and snooker. He also contributes to The Guardian, Classic Rock, Bravewords and Blabbermouth and has previously written for Kerrang! magazine in the mid-2000s.
ANDOVER, Mass. , Dec. 2, 2024 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, today announced the appointment of Mr. Gerardo Hernandez as the Company's Chief Financial Officer, effective December 2, 2024 . In this role, Mr. Hernandez joins the TransMedics executive leadership team, succeeding Mr. Stephen Gordon . To enable a smooth transition, Mr. Gordon will remain a non-executive employee of the Company until March 31, 2025 , before serving as a non-employee senior advisor to the Company focusing on national transplant stakeholder engagement until March 31, 2026 . TransMedics also updated its 2024 financial outlook. Dr. Waleed Hassanein , Mr. Gerardo Hernandez and Mr. Stephen Gordon will attend the upcoming Piper Sandler Conference on December 3, 2024 , the TransMedics Investor & Analyst Day on December 10, 2024 , as well as the J.P. Morgan Healthcare Conference in January 2025 . Mr. Hernandez is an accomplished finance leader with over 25 years of experience across the healthcare and consumer packaged goods (CPG) sectors. He most recently served as Vice President Finance, Head of Corporate Financial Planning and Analysis at Alnylam Pharmaceuticals, a biopharmaceutical company focused on RNAi therapeutics. In this role, Mr. Hernandez led a global team as the company scaled rapidly. Prior to his role at Alnylam, Mr. Hernandez spent nearly a decade at Shire, where he rose through the organization, eventually leading corporate FP&A. During his tenure, Shire was acquired by Takeda in a $62 billion transaction, after which he was instrumental in the integration effort. Mr. Hernandez began his career at Unilever where he held several finance roles of increasing responsibility before joining Shire in 2010. Mr. Hernandez holds a Bachelor of Science degree in Finance from the University of Wisconsin , La Crosse and an MBA in Strategy and Economics from Fundação Getulio Vargas , Sao Paulo, Brazil . "Stephen has been an exceptional partner to me as a member of the TransMedics leadership team for nearly a decade. During his tenure we transitioned the Company from a clinical stage organization to a high growth, publicly traded commercial business," said Waleed Hassanein , M.D., President and Chief Executive Officer. "On behalf of the entire management team and the Board, I want to thank Stephen for his countless contributions to our business that will have lasting benefits for the Company. I am grateful for Stephen's dedication and efforts to advance our corporate strategy while delivering considerable shareholder value, and I look forward to his continued partnership to affect a smooth transition as we start our next chapter at TransMedics." "I am delighted to welcome Gerardo to the TransMedics leadership team as our new Chief Financial Officer," added Dr. Hassanein. "His proven record over two decades of leadership across FP&A functions within high-growth, complex global organizations makes him an ideal addition to our team. I am looking forward to partnering with Gerardo as we continue to deliver significant long-term corporate growth and shareholder value." "I am thrilled to join TransMedics as Chief Financial Officer," said Mr. Hernandez. "I look forward to working with the entire leadership team to expand access to the Company's unparalleled products and services in the organ transplant field while enhancing operational efficiency and delivering lasting value to both our shareholders and the patients we serve." Dr. Hassanein concluded, "As we enter the final weeks of the fourth quarter, we are also updating our financial outlook for the full year 2024. Our updated guidance reflects our continued expectation for considerable year-over-year revenue growth. We look forward to providing additional context at our upcoming Investor & Analyst Day." 2024 Financial Outlook TransMedics now expects revenue for the full year 2024 to be in the range of $428 million to $432 million, which represents 77% to 79% growth compared to the Company's prior year revenue. Piper Sandler 36th Annual Healthcare Conference Members of the TransMedics management team will participate in a fireside chat at the upcoming Piper Sandler 36th Annual Healthcare Conference at the Lotte New York Palace. The fireside chat will take place on Tuesday, December 3, 2024 , at 4:00 p.m. Eastern Time . A live and archived webcast of the fireside chat will be available on the "Investors" section of the TransMedics website at https://investors.transmedics.com . The Company's standard investor presentation is also available through this link. TransMedics Investor & Analyst Day Details TransMedics will discuss the transition and updated financial outlook, as well as the Company's growth strategy, clinical pipeline, and operations, in greater detail at its Investor & Analyst Day in New York City on Tuesday, December 10, 2024 , at 10:00 a.m. Eastern Time . A live and archived webcast of presentations and Q&A sessions will be available on the "Investors" section of the TransMedics website at https://investors.transmedics.com . Please note management will only take questions from the live audience during the question-and-answer session following formal presentations. About TransMedics Group, Inc. TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts , the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure. Forward-Looking Statements This press release contains forward-looking statements with respect to, among other things, a leadership transition and our full-year guidance. For this purpose, all statements other than statements of historical facts are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "could," "target," "predict," "seek" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties. Our management cannot predict all risks, nor can we assess the impact of all factors or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in or implied by any forward-looking statements we may make. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated in or implied by the forward-looking statements. Some of the key factors that could cause actual results to differ include: our ability to maintain profitability on a sustained basis; our ability to attract, train and retain key personnel; our existing and any future indebtedness, including our ability to comply with affirmative and negative covenants under our credit agreement to which we will remain subject until maturity; the fluctuation of our financial results from quarter to quarter; our need to raise additional funding and our ability to obtain it on favorable terms, or at all; our ability to use net operating losses and research and development credit carryforwards; our dependence on the success of the Organ Care System or OCS; our ability to expand access to the OCS through our National OCS Program or NOP; our ability to scale our manufacturing and sterilization capabilities to meet increasing demand for our products; the rate and degree of market acceptance of the OCS; our ability to educate patients, surgeons, transplant centers and private and public payors on the benefits offered by the OCS; our ability to improve the OCS platform and develop the next generation of the OCS products; our dependence on a limited number of customers for a significant portion of our revenue; our ability to maintain regulatory approvals or clearances for our OCS products in the United States , the European Union, and other select jurisdictions worldwide; our ability to adequately respond to the Food and Drug Administration or FDA, or other competent authorities, follow-up inquiries in a timely manner; the performance of our third-party suppliers and manufacturers; our use of third parties to transport donor organs and medical personnel for our NOP and our ability to maintain and grow our logistics capabilities to support our NOP and reduce dependence on third party transportation, including by means of attracting, training and retaining pilots, and the acquisition, maintenance or replacement of fixed-wing aircraft for our aviation transportation services or other acquisitions, joint ventures or strategic investments; our ability to maintain Federal Aviation Administration or FAA or other regulatory licenses or approvals for our aircraft transportation services; price increases of the components of our products and maintenance, parts and fuel for our aircraft; the timing or results of post-approval studies and any clinical trials for the OCS; our manufacturing, sales, marketing and clinical support capabilities and strategy; attacks against our information technology infrastructure; the economic, political and other risks associated with our foreign operations; our ability to protect, defend, maintain and enforce our intellectual property rights relating to the OCS and avoid allegations that our products infringe, misappropriate or otherwise violate the intellectual property rights of third parties; the pricing of the OCS, as well as the reimbursement coverage for the OCS in the United States and internationally; regulatory developments in the United States, European Union and other jurisdictions; the extent and success of competing products or procedures that are or may become available; our ability to service our 1.50% convertible senior notes, due 2028; the impact of any product recalls or improper use of our products; our estimates regarding revenues, expenses and needs for additional financing; and other factors that may be described in our filings with the Securities and Exchange Commission (the "SEC"). Additional information will be made available in our annual and quarterly reports and other filings that we make with the SEC. The forward-looking statements in this press release speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and we are not able to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. Investor Contact: Brian Johnston Laine Morgan 332-895-3222 Investors@transmedics.com View original content to download multimedia: https://www.prnewswire.com/news-releases/transmedics-appoints-gerardo-hernandez-as-chief-financial-officer-and-provides-updated-2024-financial-outlook-302320060.html SOURCE TransMedics Group, Inc.
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There's no defending Jaguars GM Trent Baalke, especially amid his latest free-agent classBy MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec 23, 2024-- Last Wednesday, attorneys from Susman Godfrey LLP and Benesch Friedlander Coplan & Aronoff, LLP filed an antitrust lawsuit on behalf of CDS Litigation, LLC, against Align Technology, Inc. (“Align”), the American Dental Association (“ADA”), and the American Association of Orthodontists (“AAO”). The lawsuit, filed in the Superior Court of California, alleges that the Defendants engaged in a multi-year coordinated and illegal conspiracy to eliminate their most serious market competitor to protect their industry dominance at the expense of consumers’ ability to access effective, affordable, and proven orthodontic care. This lawsuit arises from evidence described in the complaint that the Defendants colluded to drive SmileDirectClub, a leading provider of affordable and effective telehealth-based orthodontic solutions, out of business. Align initially invested tens of millions of dollars in SmileDirectClub and supported its business model as an investor, board member, lender, and manufacturer. All that changed, however, after SmileDirectClub rejected Align’s proposed buyout bid and an arbitrator later forced Align out of the company entirely for improperly using its access to confidential and proprietary SmileDirectClub information to try to copy SmileDirectClub’s business. The complaint explains how Align, no longer able to profit off of SmileDirectClub’s growth, turned to colluding with the ADA and AAO on a years-long campaign to destroy SmileDirectClub. Despite SmileDirectClub’s high customer satisfaction ratings and proven track record of offering effective care, the Defendants’ coordinated actions described in the complaint ultimately required the company to cease operations, resulting in fewer choices and higher costs for consumers. SmileDirectClub’s innovative model disrupted the orthodontic industry and threatened the financial interests of the Defendants by offering affordable, effective, and accessible clear aligner treatment, with clinical supervision and approval by state-licensed dentists and orthodontists on a fully remote basis, thereby doing away with the need for in-office visits and eliminating key barriers of cost and geography for millions of consumers. As detailed in the complaint, Align was initially attracted to this new model, investing $59.5 million for a 19% ownership stake in SmileDirectClub and becoming the company’s exclusive third-party supplier of clear aligners. This partnership granted Align extensive access to SmileDirectClub’s confidential business information, as well as a seat on its board of directors. But as the lawsuit explains, after SmileDirectClub rejected Align’s $1.5 billion buyout offer, Align instead used the confidential information it had learned from SmileDirectClub and opened a series of copycat “Scan Shops” modeled directly on SmileDirectClub’s innovative SmileShops. SmileDirectClub brought an arbitration against Align because of Align’s violation of the restrictive covenants it had previously agreed to, and the arbitrator ruled in SmileDirectClub’s favor in early 2019. The ruling ordered Align to divest its stake in SmileDirectClub at a steep discount, costing Align hundreds of millions of dollars. The arbitrator also enjoined Align from opening competing stores until August 2022. At this point, the complaint alleges that Align pivoted and launched its new strategy to eliminate SmileDirectClub as a competitor and secure a monopoly in the clear aligner market. The complaint details allegations as to how Align worked in concert with the ADA and AAO to spread false and misleading claims about SmileDirectClub’s safety and efficacy to damage its reputation with consumers and industry professionals, filed baseless complaints with the Food and Drug Administration (FDA) and Federal Trade Commission (FTC), and leveraged exclusive agreements with dental support organizations - while also interfering with other third-party relationships - to block SmileDirectClub from accessing vital market opportunities. According to the lawsuit, these actions represented a calculated and coordinated effort by the Defendants to stifle competition and innovation in orthodontic care as part of their conspiracy to monopolize the industry and prevent consumers from accessing additional proven treatment options at more affordable prices. The lawsuit also shows how these actions directly contradicted the positions two of the conspirators—Align and the ADA—had taken up until the point when Align’s efforts to buy or copy SmileDirectClub failed. As the lawsuit explains, prior to embarking on the conspiracy, Align’s own CEO had forcefully debunked the exact same false assertions about SmileDirectClub’s services that Align and its coconspirators would repeatedly promote once Align shifted from trying to copy or buy SmileDirectClub to trying to destroy it. Similarly, as the lawsuit shows, the ADA expressly supported and endorsed “asynchronous” teledentistry (i.e., dentists treating patients without having to meet with them live) for years, only to reverse course right when it began conspiring with Align to falsely denigrate SmileDirectClub’s business model. The alleged actions of Align, the ADA, and the AAO significantly reduced competition, requiring consumers to pay higher prices for orthodontic treatment while limiting their access to proven and less expensive alternative solutions. Before its bankruptcy, SmileDirectClub provided millions of consumers with an affordable and effective telehealth solution for clear aligner treatment, receiving high customer satisfaction ratings and helping those who used the company’s products achieve successful outcomes. Despite its effectiveness and proven product quality, the filing explains that SmileDirectClub was forced into bankruptcy and ceased operations in 2023 as a result of the Defendants’ systematic anticompetitive actions. The Plaintiff in this case, CDS Litigation, LLC, has the right to pursue litigation claims held by SmileDirectClub against the Defendants. The filing describes the pivotal roles the ADA and the AAO played in the conspiracy to destroy SmileDirectClub, leveraging their positions as influential trade associations and active market participants to shield giant sponsors - like Align - and block disruption in the industry. The complaint alleges that the ADA and AAO participated in this monopolistic conspiracy by using their position as both market participants and powerful trade associations to preserve the profits and dominance of entrenched industry leaders and ensure that disruptive innovations – like SmileDirectClub’s affordable and accessible care model – could not succeed. The lawsuit is being led by the team at Susman Godfrey that secured a $787.5 million settlement on behalf of Dominion Voting Systems in its defamation case against Fox News. “The filing alleges that Align Technology abused its market dominance to systematically crush competition and protect its monopoly at the expense of consumers,” . “According to the complaint, after Align was forced to give up its ownership interest in SmileDirectClub, it suddenly changed its tune as to SmileDirectClub’s model and conspired with the ADA and AAO to spread falsehoods, disrupt SmileDirectClub’s business relationships, and block its access to essential equipment and partnerships. Align’s conduct alleged in the complaint was anticompetitive, calculated, and illegal. The allegations in the complaint show how the entrenched and powerful incumbents in Big Dentistry manipulated the system to collude against a revolutionary and otherwise successful competitor, restrict affordable and effective options for consumers, and inflict lasting reputational damage through their dissemination of demonstrably false claims.” “As explained in the complaint, the Defendants didn’t just target their main competitor - they targeted the millions of consumers who stood to benefit from the affordable and accessible orthodontic care the competitor offered. The effectiveness of SmileDirectClub’s model and products threatened the Defendants’ market and financial interests, who, according to the filing, conspired to destroy the company rather than compete with them fairly,” . “This complaint presents a textbook example of how dominant players collude to maintain market power, stifle competition, and harm consumers.” Susman Godfrey LLP is a leading national trial firm with an unmatched track record in high-stakes litigation. The firm has earned recognition as a fearless advocate for fairness, representing clients seeking justice against entrenched industry leaders. Benesch, Friedlander, Coplan & Aronoff joins Susman Godfrey as co-counsel and is being led by a team that has extensive experience representing SmileDirectClub. “Having previously litigated and won against Align, we are all too familiar with the sort of abusive anticompetitive acts alleged in the Complaint against Align and other dominant players in the traditional dental market. SmileDirectClub pioneered the use of teledentistry to advance oral care with over 2 million satisfied customers, and the Complaint details the astonishing tactics the Defendants devised to run SmileDirectClub out of business,” Benesch’s award-winning Litigation Practice Group has secured multibillion-dollar wins for plaintiffs and defendants in precedent-setting cases. An Am Law 200 firm, Benesch is nationally recognized by Chambers USA, Benchmark Litigation, and Best Law Firms “Best Lawyers” for earning a place of distinction representing mid-size to Fortune 100 companies in high-stakes litigation and jury trials across the country. Founded in 1938, Benesch has grown to more than 400 attorneys across six U.S. offices. Over the last five years, Benesch’s Litigation Practice Group has expanded by 40% to more than 170 attorneys, making it among the fastest-growing practices in the country. View source version on : Jeremy Adler,jeremy@uplandworkshop.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES HEALTH DENTAL SOURCE: Susman Godfrey LLP Copyright Business Wire 2024. PUB: 12/23/2024 02:30 PM/DISC: 12/23/2024 02:30 PM
The International Monetary Fund has told the federal government and Coalition that Australia needs a major policy package to deal with the nation’s unaffordable housing, saying everything from tax to the supply of new land should be on the table. Just days after Reserve Bank research showed lower interest rates had contributed to the collapse in homeownership among young Australians, the fund used its annual review of the economy to argue a string of politically contentious policy changes were needed to ensure housing remained within the financial reach of ordinary people. The International Monetary Fund says a major package of changes, from tax to land supply, are needed to make Australian housing more affordable. Credit: Louie Douvis Across all international metrics, Australian housing is among the most expensive in the world despite a recent slowdown in prices. Sydney, says US-based analytics organisation Demographia, is the world’s second most expensive city – after Hong Kong – with 13.8 times the median household income needed to buy a median-priced house. Melbourne and Adelaide are in the top 10 most expensive, while Brisbane and Perth are in the top 20. The federal government has set a target of 1.2 million new homes by 2029, putting together a series of policies worth more than $30 billion to lift housing construction. The Coalition has promised $5 billion towards local government infrastructure to unlock housing projects. But the IMF says all levels of government must go further, arguing that eradication of state stamp duties and a shift to land taxes, lifting the number of workers in the sector and easing zoning rules had to be on the agenda. Loading “A comprehensive policy package is essential to tackle Australia’s housing affordability crisis, focusing on increasing the construction workforce, relaxing zoning regulations, advancing initiatives to boost new housing supply, and re-evaluating property taxes and stamp duty,” it said. Last week, research by Reserve Bank economists estimated a quarter of the sharp drop in homeownership among Australians under the age of 40 since the mid-1990s was due to low interest rates.
Elon Musk teased the internet with an X post about "Xmail" as a potential rival to Gmail, which sparked trolling among fans and critics. Musk doubled down on a conversation he started earlier in February, when he claimed to be developing a new email service called Xmail, seemingly coming for Gmail's 1.8 billion users . "When we making XMail?" asked X security engineer, Nate McGrady, to which Musk replied, "It's coming." When we making XMail? Today Musk reignited the conversation, setting his target on Gmail, which is owned by Google . The topic quickly became the No. 2 trending conversation on X with 22,600 posts talking about it. "Interesting," Musk wrote on X. "We need to rethink how messaging, including email, works overall." Interesting. We need to rethink how messaging, including email, works overall. https://t.co/6wZAslJLTc Musk wrote his reply after Nima Owji, an independent app researcher, commented, "Having an @x.com email address is the only thing that can stop me from using Gmail!" The post had 16.9 million views after it was published at 12:46 pm. Sunday. Musk's news was met with humor, with many memes trolling the idea of abandoning Gmail for Xmail, considering X's questionable key changes about collecting users' biometric data . "X wanting ppl to replace their GMAL with X mail," said user, @TrumpDownfall in an X post , and followed by a meme of Natasha Robinson and Amanda Seales hysterically laughing in a scene from the TV show Insecure . A user named @KirbyMiningCo said in an X post, "Nobody throwing out their Gmail accounts for an X email service lol." Nobody throwing out their gmail accounts for an X email service lol While some users on X were ready to sign up for Musk's undeveloped Xmail account, the general consent was not favorable for Musk on Reddit . "Ha, and I cannot stress this enough, ha," said commenter, DeliciousPumpkinPie, 10 months ago in the Subreddit r/technology , that published, " Elon Musk to Take on Gmail With New Xmail Service ." " Yeah, hard pass on that ," said an anonymous commenter with over 200 upvotes on Reddit , while another commenter asked, "Who the [expletive] would trust this person with their email?" According to the Express Tribune , Gmail makes up 30.70 percent of the email market with Apple Mail leading the way with 53.67 percent. About 10 percent use Outlook, Google Android, and Yahoo! Mail.
NBA fines Minnesota guard Edwards $75,000 for outburstGlobal stocks pressured ahead of Fed decisionIntech Investment Management LLC reduced its stake in Jazz Pharmaceuticals plc ( NASDAQ:JAZZ – Free Report ) by 47.0% during the 3rd quarter, Holdings Channel reports. The fund owned 6,639 shares of the specialty pharmaceutical company’s stock after selling 5,880 shares during the quarter. Intech Investment Management LLC’s holdings in Jazz Pharmaceuticals were worth $740,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently bought and sold shares of JAZZ. Swedbank AB purchased a new stake in Jazz Pharmaceuticals during the 2nd quarter worth about $106,936,000. Rubric Capital Management LP purchased a new stake in shares of Jazz Pharmaceuticals during the second quarter worth approximately $65,812,000. Pacer Advisors Inc. increased its stake in shares of Jazz Pharmaceuticals by 40.7% during the second quarter. Pacer Advisors Inc. now owns 1,820,913 shares of the specialty pharmaceutical company’s stock worth $194,346,000 after buying an additional 527,187 shares during the period. Baupost Group LLC MA raised its holdings in Jazz Pharmaceuticals by 52.8% in the second quarter. Baupost Group LLC MA now owns 1,274,248 shares of the specialty pharmaceutical company’s stock valued at $136,000,000 after acquiring an additional 440,552 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in Jazz Pharmaceuticals by 1,808.4% during the 2nd quarter. Millennium Management LLC now owns 450,872 shares of the specialty pharmaceutical company’s stock worth $48,122,000 after acquiring an additional 427,246 shares in the last quarter. 89.14% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at Jazz Pharmaceuticals In other Jazz Pharmaceuticals news, EVP Neena M. Patil sold 3,700 shares of Jazz Pharmaceuticals stock in a transaction on Friday, November 8th. The shares were sold at an average price of $123.41, for a total value of $456,617.00. Following the transaction, the executive vice president now directly owns 33,048 shares in the company, valued at approximately $4,078,453.68. The trade was a 10.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, SVP Mary Elizabeth Henderson sold 1,410 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $108.30, for a total transaction of $152,703.00. Following the completion of the sale, the senior vice president now directly owns 14,531 shares of the company’s stock, valued at $1,573,707.30. The trade was a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 6,110 shares of company stock worth $720,160 in the last 90 days. 4.20% of the stock is owned by insiders. Analyst Ratings Changes View Our Latest Analysis on JAZZ Jazz Pharmaceuticals Price Performance JAZZ stock opened at $121.59 on Friday. The company has a current ratio of 4.26, a quick ratio of 3.74 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $7.35 billion, a P/E ratio of 17.13, a PEG ratio of 1.03 and a beta of 0.57. The business has a 50 day simple moving average of $114.87 and a 200-day simple moving average of $111.12. Jazz Pharmaceuticals plc has a twelve month low of $99.06 and a twelve month high of $134.17. Jazz Pharmaceuticals Profile ( Free Report ) Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products for unmet medical needs in the United States, Europe, and internationally. The company offers Xywav for cataplexy or excessive daytime sleepiness (EDS) with narcolepsy and idiopathic hypersomnia; Xyrem to treat cataplexy or EDS with narcolepsy; Epidiolex for seizures associated with Lennox-Gastaut and Dravet syndromes, or tuberous sclerosis complex; Zepzelca to treat metastatic small cell lung cancer, or with disease progression on or after platinum-based chemotherapy; Rylaze for acute lymphoblastic leukemia or lymphoblastic lymphoma; Enrylaze to treat acute lymphoblastic leukemia and lymphoblastic lymphoma; Defitelio to treat severe hepatic veno-occlusive disease; and Vyxeos for newly-diagnosed therapy-related acute myeloid leukemia. Recommended Stories Want to see what other hedge funds are holding JAZZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jazz Pharmaceuticals plc ( NASDAQ:JAZZ – Free Report ). Receive News & Ratings for Jazz Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jazz Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter .
Of the major indices, only the Nasdaq mustered a gain in Friday's session. The tech-rich index was also the only of the three leading US benchmarks to conclude the week higher. "Equities are kind of treading water," said LBBW's Karl Haeling. "A negative influence to some extent is the rise in bond yields." The latest US consumer price index data released this week showed prices ticked higher in November and the wholesale data also showed stubborn inflationary pressures. "Yields rose to their highest levels in over two weeks as markets brace for the Federal Reserve's final meeting of the year, reflecting concerns over sticky inflation," said Chris Beauchamp, chief market analyst at online trading platform IG. There is also growing concern over the inflationary pressures from President-elect Donald Trump's pledges to cut taxes and impose tariffs, as inflation still stands above the Fed's target. "While the markets still anticipate a rate cut from the Federal Reserve next week, the likelihood of a move in January has dropped," said Patrick Munnelly, partner at broker Tickmill Group. The CME FedWatch tool shows the market sees a more than 75 percent chance that the Fed will hold rates steady in January. In Europe, the Paris CAC 40 index ended the day down 0.2 percent after French President Emmanuel Macron named his centrist ally Francois Bayrou as prime minister, ending days of deadlock over finding a replacement for Michel Barnier. Frankfurt also dipped, with Germany's central bank sharply downgrading its growth forecasts on Friday for 2025 and 2026. It predicted a prolonged period of weakness for Europe's biggest economy. London stocks were also lower after official data showed that the UK economy unexpectedly shrank for the second consecutive month in October. The euro recovered after flirting with two-year lows against the dollar following a warning Thursday by ECB president Christine Lagarde that the eurozone economy was "losing momentum", cautioning that "the risk of greater friction in global trade could weigh on euro area growth". In Asia, Hong Kong and Shanghai both tumbled as investors were unimpressed with Beijing's pledge to introduce measures aimed at "lifting consumption vigorously" as part of a drive to reignite growth in the world's number two economy. President Xi Jinping and other key leaders said at the annual Central Economic Work Conference they would implement a "moderately loose" monetary policy, increase social financing and reducing interest rates "at the right time". The gathering came after Beijing in September began unveiling a raft of policies to reverse a growth slump that has gripped the economy for almost two years. "We're still not convinced that policy support will prevent the economy from slowing further next year", said Julian Evans-Pritchard, head of China economics at research group Capital Economics. Among individual equities, chip company Broadcom surged nearly 25 percent after reporting a 51 percent jump in quarterly revenues to $14.1 billion behind massive growth in AI-linked business. New York - Dow: DOWN 0.2 percent at 43,828.06 (close) New York - S&P 500: FLAT at 6,051.09 (close) New York - Nasdaq Composite: UP 0.1 percent at 19,926.72 (close) London - FTSE 100: DOWN 0.1 percent at 8,300.33 (close) Paris - CAC 40: DOWN 0.2 percent at 7,409.57 (close) Frankfurt - DAX: DOWN 0.1 percent at 20,405.92 (close) Tokyo - Nikkei 225: DOWN 1.0 percent at 39,470.44 (close) Hong Kong - Hang Seng Index: DOWN 2.1 percent at 19,971.24 (close) Shanghai - Composite: DOWN 2.0 percent at 3,391.88 (close) Euro/dollar: UP at $1.0504 from $1.0467 on Thursday Pound/dollar: DOWN at $1.2622 from $1.2673 Dollar/yen: UP at 153.60 yen from 152.63 yen Euro/pound: UP at 83.19 pence from 82.59 pence Brent North Sea Crude: UP 1.5 percent at $74.49 per barrel West Texas Intermediate: UP 1.8 percent at $71.29 per barrel burs-jmb/stMutual of America Capital Management LLC lessened its stake in Helen of Troy Limited ( NASDAQ:HELE – Free Report ) by 74.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,431 shares of the company’s stock after selling 10,203 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Helen of Troy were worth $212,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also modified their holdings of the company. QRG Capital Management Inc. acquired a new position in Helen of Troy in the second quarter valued at approximately $289,000. Principal Financial Group Inc. increased its holdings in shares of Helen of Troy by 37.9% during the 3rd quarter. Principal Financial Group Inc. now owns 124,834 shares of the company’s stock valued at $7,721,000 after purchasing an additional 34,318 shares in the last quarter. Earnest Partners LLC increased its holdings in shares of Helen of Troy by 2.7% during the 2nd quarter. Earnest Partners LLC now owns 666,256 shares of the company’s stock valued at $61,789,000 after purchasing an additional 17,741 shares in the last quarter. Algert Global LLC acquired a new position in shares of Helen of Troy in the 2nd quarter valued at $829,000. Finally, Marshall Wace LLP boosted its holdings in Helen of Troy by 1,178.7% during the second quarter. Marshall Wace LLP now owns 51,302 shares of the company’s stock worth $4,758,000 after buying an additional 47,290 shares in the last quarter. Helen of Troy Stock Performance NASDAQ:HELE opened at $73.33 on Friday. The company has a fifty day moving average of $65.35 and a two-hundred day moving average of $71.96. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The stock has a market capitalization of $1.68 billion, a PE ratio of 12.26, a P/E/G ratio of 1.42 and a beta of 0.85. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77. Helen of Troy declared that its board has approved a stock buyback plan on Thursday, September 5th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 39.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued. Analyst Ratings Changes A number of brokerages have weighed in on HELE. Canaccord Genuity Group reiterated a “buy” rating and issued a $84.00 price objective on shares of Helen of Troy in a research report on Monday, October 7th. DA Davidson upped their price target on Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Check Out Our Latest Analysis on Helen of Troy Helen of Troy Profile ( Free Report ) Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories. See Also Five stocks we like better than Helen of Troy Technology Stocks Explained: Here’s What to Know About Tech The Latest 13F Filings Are In: See Where Big Money Is Flowing Investing In Preferred Stock vs. Common Stock 3 Penny Stocks Ready to Break Out in 2025 3 Warren Buffett Stocks to Buy Now FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter .Trump’s lawyers rebuff DA’s idea for upholding his hush money conviction, calling it ‘absurd’Michigan, Ohio State fight broken up with police pepper spray after Wolverines stun Buckeyes 13-10
(Bloomberg) — Never miss an episode. Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcasts. After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent to be the next Treasury secretary. On today’s Big Take DC podcast, hosts Saleha Mohsin and David Gura discuss why Trump chose Bessent, and how Bessent might approach the job. Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcasts. Terminal clients: click here to subscribe. Here is a lightly edited transcript of the conversation: David Gura: The hedge fund manager Scott Bessent is President-elect Donald Trump’s pick ... to be the next Secretary of the Treasury, and he finally got the nod ... after a very public – and kinda messy! – competition. Saleha Mohsin: It was a knife fight for a very stressful job. Gura: Bloomberg’s Saleha Mohsin covered that contest, as it played out – on television, on op-ed pages, and at Mar-a-Lago, where Trump has been preparing for his second term. And it dragged on for weeks: Mohsin: Scott Bessent looked like he was tipped to get the job, easy peasy. And then, he left town, he left Palm Beach, and Howard Lutnick, the co-chair of Trump’s transition efforts, and CEO of Cantor Fitzgerald, he moved in. Gura: And, Saleha says: Mohsin: We had Lutnick out there, talking and having his allies come in for him, and against Bessent, and then you had Bessent doing the same thing... Gura: That strategy backfired. Saleha says it made the president-elect so irritated, that he brought in more candidates, including Kevin Warsh, a former Federal Reserve governor, and Marc Rowan, the CEO of Apollo Global Management. In the end, Trump nominated Lutnick to run the Commerce Department... Warsh reportedly said he’s more interested in the job of Fed chair, when that opens up. So, Bessent got Treasury: Gura: What was it that sort of tipped things in his favor at the end? Mohsin: It might have been that no one really, other than Bessent, really wowed Trump. Gura: Trump has picked someone who knows Wall Street, and that seems to have impressed Wall Street: stocks rose and the dollar weakened, after the president-elect announced his decision. I’m David Gura, and this is the Big Take DC, from Bloomberg News. Today on the show, I’m joined by my co-host Saleha Mohsin to talk through... who is Scott Bessent? And if he’s confirmed by the US Senate, how will he approach the job, and advance his boss’ economic agenda? So President-elect Trump made this announcement after the market closed on a Friday. I think I got the email at 6:55 Eastern time. As you and our colleagues have talked to investors, what are they telling you about the president-elect’s pick? Mohsin: Markets seem happy. They see Bessent as bringing stability, which is something that we had in Trump 1.0. You know, as much turnover as you saw in Trump’s Cabinet, Steven Mnuchin stayed as Treasury secretary for all four years, and he was able to leverage relationships because people knew this man is going to stay, and he understands the plumbing of the global financial system. You know, that’s something that markets really want. They want stability, and if Bessent can somehow manage to provide that, I think he’ll end up being a successful Treasury secretary. Gura: What kind of career has Scott Bessent had up to this point? What’s his background? Mohsin: Yeah so he worked for George Soros. He was involved in the investor bet that broke the pound in the early ‘90s. And so he comes with a keen interest in currency policy. And you can tell he talks about that a lot and Donald Trump talks about dollar policy a lot. He also set up and ran his own hedge fund since about 2015 or 16, I think, he has been overseeing that and it was about a year or a little over a year ago that he re-entered Trump’s orbit, and started looking at Trump’s policies and saw that Trump’s stock was going to go up and he was right. Gura: You said “re-entered” Trump’s orbit. When did they meet? Mohsin: So, Bessent told me that he has known the Trump family for like 30 years, uh, and I think he knew Trump’s brother, and so he said, Oh, well, Donald Trump probably knew my face, but didn’t quite know exactly who I was, but he was close to Donald Trump Jr. That was sort of his door into Trump world about a year ago, and that’s how he got a first meeting with Donald Trump. Gura: What do your sources say about how the work that he’s done, so working with these big hedge funds, is likely to shape his perspective on this job, and maybe it would just be useful for you to describe all that a Treasury secretary has to do. It’s a huge remit. Mohsin: Yeah, it’s, it’s huge. People like to call the Treasury secretary the Chief Financial Officer of the United States, but that actually only refers to one third of the job. A Treasury secretary oversees debt issuance. And that’s somewhere we could see from a Treasury secretary Scott Bessent, a little bit of creativity, maybe in how our massive deficit is issued and how that’s structured and, and sort of the tenor of notes and things. He’s also going to be involved in tax policy and financial stability, international economic diplomacy. So being the representative for that at G7 and G20 meetings. And then the other big component is national security, and foreign policy by way of economic sanctions. Gura: As you talk to investors about him, do any of them express any reservations about him not having experience in Washington, not being a creature of D.C.? Not being someone like Janet Yellen, for instance, who spent the bulk of her career in Washington in a lot of these big, high profile jobs doing quite a bit of management? Mohsin: So there’s always a steep learning curve for a Treasury secretary, particularly when it comes to dealings with Congress. The example that comes up frequently, a more recent kind of screw up there or confusion or misreading of the room is Steven Mnuchin. I think it was 2017, he had to raise the debt ceiling and he went into a room full of Republican lawmakers and it was a private conference and said, just raise the debt ceiling for me. And they burst out of that room telling every reporter that this is what he said, “for me.” We’re not going to do it for you. We serve the American people, not you. And it was such a blunder. You know, Steven Mnuchin came in, he didn’t know any lawmakers very closely or how all this stuff really worked from a Washington perspective, did not have experience in the public sector. Tim Geithner knew. He came from the Federal Reserve. He’d been at Treasury as a civil servant in the 90s. Hank Paulson had no experience on that front. You would, you would hope people like that, they come in without hubris of knowing what you don’t know and then relying on people to help you navigate. And also just understanding that you come from a world where it’s about relationships and deal making, um, and just learning on the fly. You know, Bessent comes from Wall Street, but he doesn’t have the same experience of some of the big heavyweights that we’ve seen as Treasury secretary. So Bob Rubin, Hank Paulson, Steven Mnuchin, they loomed large because of their Goldman experience. Paulson, he was CEO, and he said that something about the way at Goldman you learn about serving the client, not serving your own ego, really prepared him to work in government, where his biggest client was the President. So Bessent doesn’t come from that sort of traditional part of Wall Street. Gura: After the break... What we know about how aligned Bessent is with Trump, and what that could tell us about how Bessent may approach the role of Treasury secretary.... Scott Bessent, President-elect Donald Trump’s nominee to be the next treasury secretary, helped Trump hone his messaging – about the economy – on the campaign trail. And when Trump announced he’d picked Bessent to lead Treasury, he said will quote, “support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work to create an Economy that places Growth at the forefront, especially through our coming World Energy Dominance.” How much uncertainty is there, Saleha, about where Scott Bessent stands on the president-elect’s biggest economic priorities? Mohsin: We know quite a bit, David, because he was, Bessent was kind of openly auditioning for this role. He would meet with reporters, do ed boards. He’s written op-eds for the Journal, for The Economist, for Fox, talking about different policies. I think it was Friday, November 15th, Bessent wrote an op ed talking about how supportive he is of tariffs as a tool of foreign policy, trade policy, national security. And so markets now are digging into those comments, things that he’s said, they kind of see someone with a Wall Street pedigree like Bessent as someone who might be a bit of a, a hindrance to Trump’s more protectionist or populist tendencies, but, that’s the open question to me, is how much say will Scott Bessent as Treasury secretary have over tariffs, if you have Howard Lutnick over at Commerce, who’s also overseeing USTR, the US Trade Representative’s office, to focus on tariffs and trade. I think markets should kind of keep an eye on how much sway Bessent really has with tariffs. Gura: We had this knife fight play out in the run up to these nominations of Howard Lutnick and Scott Bessent. Are people confident that the fight ends there, that when that moves into the Cabinet room, we’re not going to see the same kind of, of fighting? Mohsin: No, people are not confident in that at all. [laughs] In the first administration, we saw these kinds of knife fights play out. You know, cabinet officers leaking to the press or going on Fox News to make their case for the policy that they want implemented over someone else. And it doesn’t always bode well. Lutnick has secured a pretty big job. He has Commerce secretary, he’s also overseeing USTR, and that’s a new idea. Trump decided to put that under Lutnick’s purview, so the two men do not get along. That’s why it didn’t turn out where one is NEC director and one’s Treasury secretary, because Trump and the team realize these two men can’t work together. Gura: Scott Bessent said in an interview over the weekend, his top priority is going to be taxes. Is he going beyond just pushing for the continuation of the so called Trump tax cuts? Is it, is it bigger than that? Mohsin: Oh, I, yeah, I want, I have so many questions on how tax policy is going to unfold because you know, the first hundred day plan is a huge thing that we’re going to be watching for as we see officials rolled out and policy plans rolled out and, and signals given. Trump’s 2017 tax cuts, some of those tax cuts expire at the end of 2025, I think. Republicans own Congress, both chambers in their hands. So let’s see how far they can get. But I don’t know that Bessett has said anything, in grave detail, uh, about where that would go. We know publicly Donald Trump has talked about a lot of different kinds of tax cuts. Gura: Bessent is someone who has not shied away from talking about the deficit. He talked about it during an interview on Bloomberg Television, back in October: Bessent: I am very concerned about what is happening right now. We have never had a budget deficit like this. We are at 7% of GDP in terms of the deficit. We’ve never had this deficit. When it’s not a recession, not a war. And what do we have to show for it? Gura: How does he plan to reduce the size of the deficit? Mohsin: Yeah, I love deficit talk because everyone comes up with these great ideas of how to reduce the deficit, but Congress needs to do that, right? A Treasury secretary can lead the charge. Congress is the keeper of the purse, when it comes to spending and, and taxes. Any time an administration or a government has accomplished that, it is because Wall Street or investors or markets have thrown a tantrum that you have too much deficit. And I don’t see how a Trump administration or Congress makes the very difficult trade offs and cuts in spending that will be unpopular with voters unless they can blame it on markets or blame it on someone else. Gura: Scott Bessent’s going to play a role in picking the next chair of the Federal Reserve, advising the President elect on that. Mohsin: Yeah, let’s talk about the Fed. Donald Trump thinks that presidents should have a say on interest rates. We don’t know what that really means. And so I don’t know maybe this is some kind of creative thinking on Bessent’s part to say, okay look, he really wants to fire Powell or he really wants to set monetary policy or have a say. Maybe the way to do it where we’re not just causing a constitutional and markets crisis by sacking the Federal Reserve Chair, we do it by creating this shadow Fed Chair situation where you nominate or announce the name of who you will pick, send to the Senate for confirmation to be the next Federal Reserve Chair, and that person is providing forward guidance on what they would do, so markets start to look to that person’s comments over the sitting Federal Reserve Chair. But this is my number one question to Scott Bessent right now, is like how would that play out and how seriously should we take this plan? Gura: Effectively like a Fed chair in waiting. Mohsin: Yeah. Yeah. Gura: You covered the Treasury Department when Steven Mnuchin was running it, and he was there, as you said, for all four years of Donald Trump’s first term. If Scott Bessent is confirmed, what is going to determine how successful he is at the job? Mohsin: With Trump, it’s always maintaining Trump’s trust, and always making sure you’re aware of who he’s meeting with and trying to be the last person in the room as Bessent learned when he left Palm Beach and thought that he had bagged the job of Treasury secretary and then it kind of blew up. Mnuchin learned that. Steven Mnuchin learned that if you leave the president with Peter Navarro, then the trade advisor and like a you know a known China hawk, in the room with president too long, Trump is going to start asking questions like can we aggressively intervene in the US dollar to make it weaker and can we do x y and z that might really blow up, um, foreign relations or economic relations with other countries? So I think Scott, Scott Bessent will have to learn sort of to make sure that you stay in the good graces of the president, stay visible and are keeping tabs and keeping Treasury-related policies firmly in the hands of the Treasury department and not let others encroach on that remit.
Second, in the points table, Oatar will meet second-last placed Cambodia will clash against Bahrain in match 13 of the ongoing ICC Men's T20 World Cup Asia Qualifier B 2024 on November 23. The Bhutan vs Bahrain match will be played at the University of Doha for Science and Technology in Doha and begin at 04:00 PM Indian Standard Time (IST). Unfortunately, the ICC T20 World Cup Asia Qualifiers B 2024 matches will not have a live telecast on any TV channel due to the absence of an official broadcaster in India. However, fans can log onto the FanCode app and website to catch live viewing options for the Cambodia vs Qatar contest. ICC Champions Trophy 2025 Schedule, Format, Previous Winners List and All You Need to Know . Cambodia vs Qatar Live The ICC Men’s T20 World Cup Sub Regional Asia Qualifier B is set to light up🔥🏏 Watch as 7 nations battle it out for glory and a step closer to World Cup! Dates: 19th - 28th November 2024 Venues: > 🏟️ West End International Cricket Stadium > 🏟️ UDST Cricket Ground pic.twitter.com/wbjcw6y5i3 — Qatar Cricket Association (@qa_cricket) November 18, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)Strickland served as an assemblymember from 1998 to 2004 and as a state senator from 2008 to 2012.
Guidewire Software (NYSE:GWRE) Stock Price Expected to Rise, Robert W. Baird Analyst SaysThe AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . ANN ARBOR, Mich. (AP) — Michigan’s defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25 , making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title. Michigan (6-5, 4-4 Big Ten) failed to meet those modest expectations, barely becoming eligible to play in a bowl and putting the program in danger of losing six or seven games for the first time since the Brady Hoke era ended a decade ago. The Wolverines potentially can ease some of the pain with a win against rival and second-ranked Ohio State (10-1, 7-1, No. 2 CFP) on Saturday in the Horseshoe, but that would be a stunning upset. Ohio State is a 21 1/2-point favorite, according to the BetMGM Sportsbook, and that marks just the third time this century that there has been a spread of at least 20 1/2 points in what is known as “The Game.” Michigan coach Sherrone Moore doesn’t sound like someone who is motivating players with an underdog mentality. “I don’t think none of that matters in this game,” Moore said Monday. “It doesn’t matter the records. It doesn’t matter anything. The spread, that doesn’t matter.” RELATED COVERAGE Duke’s Diaz: QB Murphy faces internal discipline for raising middle fingers in Virginia Tech win Wake up the ghosts! Texas, Texas A&M rivalry that dates to 1894 is reborn Conference title games a chance at a banner, bragging rights and, for some, a season-wrecking loss How did Michigan end up with a relative mess of a season on the field, coming off its first national title since 1997? Winning it all with a coach and star player contemplating being in the NFL for the 2024 season seemed to have unintended consequences for the current squad. The Wolverines closed the College Football Playoff with a win over Washington on Jan. 8; several days later quarterback J.J. McCarthy announced he was skipping his senior season; and it took more than another week for Jim Harbaugh to bolt to coach the Los Angeles Chargers. In the meantime, most quality quarterbacks wanting to transfer had already enrolled at other schools and Moore was left with lackluster options. Davis Warren beat out Alex Orji to be the team’s quarterback for the opener and later lost the job to Orji only to get it back again. No matter who was under center, however, would’ve likely struggled this year behind an offensive line that sent six players to the NFL. The Wolverines lost one of their top players on defense, safety Rod Moore, to a season-ending injury last spring and another one, preseason All-America cornerback Will Johnson, hasn’t played in more than a month because of an injury. The Buckeyes are not planning to show any mercy after losing three straight in the series. “We’re going to attack them,” Ohio State defensive end Jack Sawyer said. “We know they’re going to come in here swinging, too, and they’ve still got a good team even though the record doesn’t indicate it. This game, it never matters what the records are.” While a win would not suddenly make the Wolverines’ season a success, it could help Moore build some momentum a week after top-rated freshman quarterback Bryce Underwood flipped his commitment from LSU to Michigan. “You come to Michigan to beat Ohio,” said defensive back Quinten Johnson, intentionally leaving the word State out when referring to the rival. “That’s one of the pillars of the Michigan football program. “It doesn’t necessarily change the fact of where we are in the season, but it definitely is one of the defining moments of your career here at Michigan.” ___ AP Sports Writer Mitch Stacy in Columbus, Ohio, contributed to this report. ___ Get alerts on the latest AP Top 25 poll throughout the season. Sign up here . AP college football: https://apnews.com/hub/college-football and https://apnews.com/hub/ap-top-25-college-football-pollThe 2024 Fantasy Football season is headed straight for the Fantasy Football playoffs in a matter of weeks, depending on how long your league's regular season is, and now is the time to make moves that can set you up for a successful playoff run. In some leagues, your trade deadline hasn't passed yet, and we can find some players to trade for. In leagues where the deadline has passed, we'll focus on difficult start/sits the rest of the way, playoff schedules to target and avoid, and final waiver wire pushes. On Sunday night's Week 12 recap, the Fantasy Football Today team looked into some of the most intriguing players from the Week 12 slate. You can find the full breakdown on the FFT YouTube page. Jaylen Waddle was Jamey's biggest winner in Week 12. "He was a borderline drop candidate, but hopefully, this is a start for him. We saw the big plays, and that could be a sign of things to come." Waddle had not scored double-digit Fantasy points in PPR since Week 1. In Week 12, Waddle racked up 144 receiving yards on eight receptions -- he was targeted nine times. Waddle's playoff schedule does look a bit daunting down the stretch, however. Three road games in cold environments ( Packers , Browns , Jets ) and just two home games remain -- 49ers and Jets. Dave views Anthony Richardson as a Week 12 loser, and it might be best for us to slow our role on the former breakout candidate being a viable starter rest of season at the QB position. "In the second half, Richardson went 4-of-14 passing for 55 yards. 57% of his throws were for 15+ air yards," Dave said on the show. Richardson had a 50% completion rate in the first half despite passing the eye test. Jamey added that Olgetree dropped a TD, which impacted his stats, and Adam mentioned that he was encouraged by how open some Colts receivers were on tape review. Richardson has scored 30+ Fantasy points in two of his last six games, but he hasn't top 14 in the other four. His schedule rest of season: @NE, BYE, @DEN, TEN, @NYG, JAC Bucky Irving was a hot topic among Fantasy Football analysis on FFT last week as Jacob Gibbs and I talked up a breakout coming in Week 12 during Beyond the Boxscore with Ben Gretch (where we broke down rest of season rankings and 30,000-foot view Fantasy concepts). It was great to see him pull through with a breakout performance. Of course, Sean Tucker operated as a goalline back in Week 12 before fumbling. Dave praised Irving as looking the best on tape. "He played the most snaps of any Bucs back," Dave said. "He played 55% of the snaps and two-of-three snaps inside the 3-yard line. Irving had just as many rushing attempts and averaged 4.2 yards per carry more than Rachaad White . How can they watch these guys play and say they are on the same level when Irving is blowing him out as a runner? Irving took the lead among running backs in receptions and receiving yards in the last five games. And their schedule is so good the rest of way." Irving does have a fun schedule rest of season: @CAR, LV, @LAC, @DAL, CAR, NO Speaking of the Fantasy Playoffs, Heath deemed Irving to be a "league winner" the rest of way.
Major shareholders in the troubled Southern Cross Media Group initiated a first strike against the company’s remuneration report at Monday’s AGM, with chair Heith Mackay-Cruise telling the gathering it had been a “challenging and disappointing” year, reports The Australian’s Chris Herde . The adoption of a remuneration report received a 27.8 per cent vote against it, qualifying for a first strike. It is understood major shareholders are furious that such opportunities to reduce the company’s debt were passed over, particularly as its share price has been on a steady downward spiral for more than year. In a tumultuous period, ARN Media and Anchorage Capital Partners put forward a cash-and-scrip takeover bid 13 months ago, valuing the company at 94c a share. It was ultimately withdrawn after a drawn-out negotiation. In August it was revealed that Australian Community Media was in talks to partner with ARN Media for a merger proposal, which SCA rejected in November. [Read more] See also: Inside the SCA AGM One could quibble at the effectiveness of the Australian Communications and Media Authority as a media regulator. But who could doubt its provision of well-paid end-of-career gigs for former media executives? asks The AFR ’s Rear Window columnist Myriam Robin . After six years as chief executive and deputy chair, ex-News Corp, Nine and Abbott government spinner Creina Chapman is stepping down from the regulator on December 10. The search for her replacement to the $454,154-a-year role is underway, spearheaded by ex-ABC host turned Derwent executive recruiter Emma Alberici . Widely expected to eventually replace Chapman is current full-time authority member Adam Suckling . A formal handover is unlikely to occur before Chapman leaves next month, and the process is far from concluded. Still, Suckling is the obvious candidate and well-qualified for the role, having most recently served as CEO of the Copyright Agency. He also has current Comms Minister Michelle Rowland to thank for his position: she appointed him to ACMA last year. [Read more] Elon Musk’s X has warned Labor its plans to ban children under the age of 16 from social media is likely unlawful, technologically ineffective and will infringe on human rights, reports The AFR’s Tom McIlroy and Sam Buckingham-Jones . As Labor and the Coalition prepare to rush the bill through parliament this week, mental health experts told a hastily convened inquiry hearing on Monday the plan could push kids into unregulated online spaces such as message boards and encrypted apps. MPs scrutinising the bill sat for just three hours, ahead of a final report on the bill being presented on Tuesday. The hearing was so rushed some witnesses were prevented from reading opening statements to their evidence and were told they could not take detailed questions on notice. In a written submission, X said it was examining different age assurance options for its platform but held serious concerns about the government’s plan. “There is no evidence that banning young people from social media will work, and to make it law in the form proposed is highly problematic,” the company said. In Monday’s hearing, experts from youth mental health charity Headspace told MPs the proposed ban, designed to help parents protect their children from threats online, might backfire badly with younger Australians. [Read more] ITV’s share price has jumped after a report that several investors are considering making bids for the British broadcaster, reports The Guardian . The Love Island broadcaster’s share price rose by almost 9% to more than 71p, as investors hoped for a bid battle between private equity companies and rival broadcasters. The private equity investor CVC Capital Partners and a big European broadcaster, thought to be France’s Groupe TF1, are among those studying the merits of a potential offer, Sky News reported. The RedBird Capital-owned All3Media – the maker of Googlebox – and Mediawan, which is backed by the private equity group KKR, were also named by Sky News as “potential suitors for the ITV Studios production arm”. However, it is not thought that any formal approaches have been made. [Read more] Industry Super-backed news publication The New Daily is shedding staff as its owner gets ready to offload the publication, with a deal expected to be finalised by year’s end, reports Nine Publishing’s Sumeyya Ilanbey . The New Daily’s owner, Industry Super Holdings – the superannuation sector’s collectively held investment arm – put the publication on the market earlier this year, saying the loss-making publication was finding it harder to keep itself afloat. Solstice Media, which publishes The New Daily at present through its subsidiary Motion Publishing, is in pole position to buy the publication, which has been steadily cutting staff. Eight positions have been made redundant, while a handful of staff will be offered new roles, Motion managing director Paul Hamra said. Several others have left the organisation recently. [Read more] The bitter legal feud between Australian actor Rebel Wilson and the producers of her film The Deb will have its day in court, following a ruling by Los Angeles Superior Court judge Thomas Long that the defamation case should proceed as planned, reports Nine Publishing’s Michael Idato . Wilson accused the film’s three producers, Amanda Ghost, Gregor Cameron and Vince Holden , of embezzlement in a video she posted to her Instagram account earlier this year. Ghost was also accused of sexual harassment. The account has more than 11 million followers. They responded with a suit against Wilson for defamation. But the 44-year-old actor had hoped to have it thrown out by using a California statute designed to dismiss cases that attempt to stifle free speech which is in the public interest. [Read more] The ABC’s head of radio has moved to calm unrest and admonish “poor behaviour” within staff ranks as angry listeners flood the broadcaster with complaints about the surprise dumping of the Sydney station’s Mornings presenter Sarah Macdonald , report Nine Publishing’s Jordan Baker and Carrie Fellner . Amid speculation that former Q+A presenter Hamish Macdonald is the frontrunner to replace her, employees told the Herald about festering concern that the radio division’s new bosses, both from commercial music stations, misread the ABC audience. Listeners are still contacting the station with complaints four days after Macdonald revealed her exit. They say they are angry, disgruntled, sad and bewildered. One described the decision as an act of ABC self-sabotage. One called themselves an “ABC disbeliever”, another said they were “shocked and disgusted”. “The last thing we want is commercial radio. Shame!” said another. Others asked for the decision to be reversed. They also criticised the mooted departure of weekend presenter Simon Marnie , who is still in discussions with management. [Read more] A Sydney man has started a petition to get rugby league legend Mark Geyer back on the air, having been outraged by the radio star’s sacking, report News Corp’s Elizabeth Neil and Brenden Wood . Camden man Terry Foley , 59, started an online petition last Thursday, calling for Triple M to reinstate “MG”, after The Daily Telegraph revealed the station had sacked the former NSW State of Origin star. Geyer, who played for the Panthers when Penrith won their first premiership in 1991, joined Triple M in 2009 and was one of the radio station’s longest-serving presenters. He hosted breakfast shows with Stuart MacGill, Gus Worland, Matty Johns, Jess Eva, Chris Page and Ray Warren , along with his most recent co-hosts Mick Molloy, Cat Lynch and Natarsha Belling . When Mediaweek last checked, the petition had around 100 signatures. https://www.petitions.net/signatures/bring_back_mg_to_triple_m/ [Read more] Former Brisbane Broncos star Corey Oates has revealed his next career move after announcing his retirement from rugby league earlier this year, reports News Corp’s Tayla Couacaud . Oates announced his retirement from footy on the Robin and Kip KIIS 97.3FM in October, saying he had known for a while it was time to let go. The 29-year-old has now announced a shock move to breakfast radio and will officially join the pair on air, despite rumours circling that the show could be in the firing line of a major overhaul. Duncan Campbell , ARN Chief Content Officer said he is thrilled to welcome Oates to the KIIS 97.3 Breakfast team. “Corey is a well-known and loved Brisbane personality, and his energy and humour make him a natural fit for Robin & Kip,” Campbell said. “Corey has been a long-time friend of the show, and we know listeners will enjoy getting to know him in this new role. This team has fantastic chemistry, and we’re excited to see how they connect with Brisbane audiences.” [Read more] News Corp’s Nick Bond reports: The announcement seemingly puts an end to speculation that Sydney breakfast hosts Kyle and Jackie O would continue their push into other cities in 2025. The duo’s long-running radio show launched in Melbourne earlier this year, with rumours rife that they’d continue to expand into other Australian capitals. [Read more] Ali Clarke has made a major call on her radio career with Mix 102.3, announcing she is stepping down from the program, report News Corp’s Tara Miko and Anna Vlach . The mum-of-three, who is currently co-hosting Max & Ali in the Morning with Max Burford , announced she would be leaving during Monday’s show. She was diagnosed with breast cancer this year. The announcement comes a week after Clarke returned to the show after undergoing a second mastectomy as a “safety” precaution. It is her second mastectomy since her cancer diagnosis. Clarke said one of her biggest fears in quitting the show was it would be the death of local radio amid rampant industry speculation about Kyle and Jackie O replacing locally produced programs. “I was terrified it would be the end of local radio for Mix with all the narrative that’s been going around with the Kyle and Jackie O Show ,” she said. “But it’s with absolute relief ... that Max you’re around to stay and local radio is around to stay because I believe there is a huge role for local people telling local stories and for local jobs – especially in radio.” [Read more] See also: Ali Clarke to exit Mix 102.3 after three years as breakfast host Apple Cider Vinegar , one of the most anticipated streaming television series of 2025, brings to the screen one of the most extraordinary – and fascinating – stories in recent Australian history: that of Belle Gibson , a “wellness” advocate who was swept up in a series of scandals, initially for fraudulent claims about charitable donations, and later exposed for falsely claiming to have cancer, reports Nine Publishing’s Michael Idato . Apple Cider Vinegar is the story of how Belle Gibson rose to prominence and how her fame unravelled around her. “This is a story of large-scale deception; a tale that duped millions in the reckless pursuit of attention and fame,” wrote journalists Beau Donelly and Nick Toscano in a Good Weekend cover story, published in 2017. In April 2015, Gibson told The Australian Women’s Weekly she had fabricated her cancer claims. Netflix describes the series as “a cultural interrogation of the times, exploring the birth of Instagram [and] the allure and rise of wellness culture”. In 2016, Consumer Affairs Victoria brought legal action against her for allegedly breaking Australian consumer law. The following year, Federal Court Justice Debra Mortimer ruled that Belle “had no reasonable basis to believe she had cancer”, and she was fined $410,000 for making false claims about her donations to charity. In 2020 and 2021, police raided Belle’s home in Melbourne to seize items in the hope of settling the unpaid fines. [Read more]Scorpio, Weekly Horoscope, December 29 to January 04, 2025: Week filled with ambition and courage
How Much Wealth Did The British Loot From India? The Staggering Truth Will Shock YouMegacaps such as ( ), ( ), ( ) and ( ) trade at hefty prices and have had a massive run this year. But looking just at last week on , small caps have been gathering speed. The small-cap Russell 2000 index scored a strong weekly gain of 4.5%, leaving big megacaps far behind. The Nasdaq and the S&P 500 posted just a 1.7% increase. That makes it worthwhile to cast our investing net beyond the biggest leaders. In the growth IBD 50 list, lesser-known small-cap biotech stock ( ) has been quietly making its way to a new high and shows two clear signals of market outperformance: an ideal and a rising . GeneDx Holdings is Monday's selection for . GeneDx started the year as a cheap stock, trading at less than 3 per share on Jan. 2. Shares have skyrocketed since. Investor's Business Daily labels stocks that trade at less than $10 per share "cheap" and usually not good investment choices. But some of these low-priced stocks come with strong fundamental and technical ratings that eventually push the stock price to double digits. GeneDx is one of the former ultracheap stocks that have outstanding marks for technical strength, combined with strong fundamental performance. Biotech Stock Soars 50% On Earnings The weekly chart shows truly impressive action: The stock did not break the even once after it cleared that level in December, following its November 2023 low of 1.16. From that low, the stock is up 6,685% as of Friday's closing price of 78.71. Year to date, the once-cheap stock has gained 2,762%. That kind of continuous bullish action could make a and way past a or even . But an earnings gap-up on Oct. 29 could provide an aggressive entry. The biotech stock soared 50% that day and is now trying to build a base with a possible buy point of 89.11. Third quarter revenue grew 44% to $76.9 million while earnings of 4 cents per share reversed a loss of 82 cents per share in the year-ago quarter. For the full year, the company increased its revenue guidance at the midpoint to $287 million from $260 million. A second-quarter loss weighs on the stock's , which is just 74. But the is the best possible 99. A rising adds a strong bullish touch to the chart as well. The is 90 out of 99. GeneDX provides genetic testing services in patients with symptoms such as slow mental development that suggest a disorder in the "energy factories" of human cells, or the mitochondria. The biotech company also applies genome sequencing using genetic data for diagnosing pediatric epilepsy and autism spectrum disorder. More funds have been net buyers of the stock over the past three quarters. The stock also holds an of B+.
WARREN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Tevogen Bio (“Tevogen” or “Tevogen Bio Holdings Inc.”) (Nasdaq: TVGN ), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, today expresses gratitude to shareholders for their unwavering support and trust in Tevogen Bio and its leadership. The commitment fuels the company’s determination to advance its mission of developing accessible, life-saving therapeutics. The company recently announced significant progress through its third quarter financial results for 2024, including, reduction of a net loss by $52.5 million, elimination of nearly all liabilities, and reiterating availability of sufficient capital to fund operations for the next 33 months. Ryan Saadi, MD, MPH, Founder and CEO, Tevogen Bio commented, "We remain steadfast in our mission to advance medical science, however as CEO of the company, preservation of shareholder value remains a priority. We urge all stakeholders to consider the profound impact short selling innovative healthcare companies has on lifesaving therapies. While stock price fluctuations are part of the public market dynamics, Tevogen Bio is acutely aware of the undue influence short sellers have.” William Keane, VP of Strategic Initiatives, and graduate of the FBI National Academy stated, “We are aware and monitoring the actions of potential short selling activity targeting our company. We will continue to bring light to this situation and will work with the appropriate authorities as needed.” The company plans to provide further updates on its progress in the coming weeks. About Tevogen Bio Tevogen is a clinical-stage specialty immunotherapy company harnessing one of nature’s most powerful immunological weapons, CD8+ cytotoxic T lymphocytes, to develop off-the-shelf, genetically unmodified precision T cell therapies for the treatment of infectious diseases, cancers, and neurological disorders, aiming to address the significant unmet needs of large patient populations. Tevogen Leadership believes that sustainability and commercial success in the current era of healthcare rely on ensuring patient accessibility through advanced science and innovative business models. Tevogen has reported positive safety data from its proof-of-concept clinical trial, and its key intellectual property assets are wholly owned by the company, not subject to any third-party licensing agreements. These assets include three granted patents, nine pending US and twelve ex-US pending patents, two of which are related to artificial intelligence. Tevogen is driven by a team of highly experienced industry leaders and distinguished scientists with drug development and global product launch experience. Tevogen’s leadership believes that accessible personalized therapeutics are the next frontier of medicine, and that disruptive business models are required to sustain medical innovation. Forward-Looking Statements This press release contains certain forward-looking statements, including without limitation statements relating to: expectations regarding the healthcare and biopharmaceutical industries; Tevogen’s development of, the potential benefits of, and patient access to its product candidates for the treatment of infectious diseases, cancer and neurological disorders, including TVGN 489 for the treatment of COVID-19 and Long COVID; Tevogen’s ability to develop additional product candidates, including through use of Tevogen’s ExacTcell platform; the anticipated benefits of ExacTcell; expectations regarding Tevogen’s future clinical trials; and Tevogen’s ability to generate revenue in the future. Forward-looking statements can sometimes be identified by words such as “may,” “could,” “would,” “expect,” “anticipate,” “possible,” “potential,” “goal,” “opportunity,” “project,” “believe,” “future,” and similar words and expressions or their opposites. These statements are based on management’s expectations, assumptions, estimates, projections and beliefs as of the date of this press release and are subject to a number of factors that involve known and unknown risks, delays, uncertainties and other factors not under the company’s control that may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations expressed or implied by these forward-looking statements. Factors that could cause actual results, performance, or achievements to differ from those expressed or implied by forward-looking statements include, but are not limited to: that Tevogen will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the effect of the recent business combination with Semper Paratus Acquisition Corporation (the “Business Combination”) on Tevogen’s business relationships, operating results, and business generally; the outcome of any legal proceedings that may be instituted against Tevogen; changes in the markets in which Tevogen competes, including with respect to its competitive landscape, technology evolution, or regulatory changes; changes in domestic and global general economic conditions; the risk that Tevogen may not be able to execute its growth strategies or may experience difficulties in managing its growth and expanding operations; the risk that Tevogen may not be able to develop and maintain effective internal controls; costs related to the Business Combination and the failure to realize anticipated benefits of the Business Combination; the failure to achieve Tevogen’s commercialization and development plans and identify and realize additional opportunities, which may be affected by, among other things, competition, the ability of Tevogen to grow and manage growth economically and hire and retain key employees; the risk that Tevogen may fail to keep pace with rapid technological developments to provide new and innovative products and services or make substantial investments in unsuccessful new products and services; the ability to develop, license or acquire new therapeutics; that Tevogen will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk of regulatory lawsuits or proceedings relating to Tevogen’s business; uncertainties inherent in the execution, cost, and completion of preclinical studies and clinical trials; risks related to regulatory review, approval and commercial development; risks associated with intellectual property protection; Tevogen’s limited operating history; and those factors discussed or incorporated by reference in Tevogen’s Annual Report on Form 10-K and subsequent filings with the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Tevogen undertakes no obligation to update any forward-looking statements, except as required by applicable law. Contacts Tevogen Bio Communications T: 1 877 TEVOGEN, Ext 701 Communications@Tevogen.com
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FORT WORTH, Texas (AP) — Navy quarterback Blake Horvath had a 95-yard touchdown run, the longest in school history, in the Armed Forces Bowl against Oklahoma on Friday. Horvath's score with 3:49 left in the third quarter tied the game at 14-14. The previous record for the Midshipmen came during the Roger Staubach era, when Johnny Sai had a 93-yard run against Duke in 1963. After faking a handoff, Horvath ran straight up the middle into the open field. Brandon Chatman cut off a pursing defender around the Sooners 20 and by time cornerback Woodi Washington was able to catch up, Horvath stretched the ball over the goal line while going down — though he was initially ruled short before a replay review resulted in the touchdown. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
It's a monumental turning point in Syria as President Bashar Al-Assad's reign came to an end this past week, along with a 13-year civil war. Families here in Ottawa took to the streets to celebrate the news. Ottawa is home to thousands of Syrian residents, most of whom had to flee their country to start a new life during President Assad's reign. Now there is optimism as many hope it will soon be possible to return home. Aeman Alkadour, owner of Alkadour Sweets located in Billings Bridge Shopping Centre, arrived in Canada in 2016. "It is freedom, finally," Alkadour said. At his bakery, he's handing out free sweets because of the freedom in his home country. "Now I know I can go to visit Syria. I can bring my children to see grandfather," he added. The world has learned of Assad's reign coming to an end as rebels have taken control of the capital, Damascus. The news resonated here in Ottawa — one of the first cities to welcome Syrian refugees back in late 2015 — with people flooding the streets to celebrate, waving flabs and calling loved ones back home. Sedra Alsadi is the president of the Syrian Revolution Club at the University of Ottawa. She moved to Ottawa with her family in 2017. "We are now able to put our dreams into start. I want this to happen," Alsadi said. "We have a lot of friends that are living in Europe right now, and they're all thinking, oh, I want to do this business now to rebuild Syria." "Let's say a psychiatric or I'm a physician or an engineer or whatever, we're all thinking of how can our experiences be built in there?" She added. She says there is certainly more work to be done, but she believes it's the first step towards a free country. "I'm hoping in the summer I'm able to be on ground finally with them and help families, help finally destroying the tents that many Syrians refugees are living in and moving them back to their actual homes, living their dreams again, and seeing kids, actually seeing their family members for the first time, or seeing their houses for the first time," Alsadi said. "Many Syrians fear not finding their imprisoned families alive, and the ones who have been freed are irreparably damaged by the immense torture they received," she added. "We need the international humanitarian community to act, as only 3,000 detainees have been found." While many families are hopeful to go home and help, Yaman Marwah, an immigration lawyer in Ottawa, says there are more questions than answers this early in the process towards freedom. "First step is done, Syria is liberated. What happens next is all going to depend on how the internal Syrian government starts getting formed. We have a lot of hope that everything is going to be done in a very formed and legal and proper manner," Marwah said. As it stands the Canadian government is issuing people to not travel to the Middle Eastern country, closing airports and borders as questions remain about what's next. "We're very optimistic. We're very hopeful. We've heard a lot of foreign presidents and countries, support what's happening in a very positive manner," Marwah added. "We're very optimistic." "When a new government coming there now, everything good," said Alkadour. "People can walk around, go everywhere, it's a free country, but now, need little time." Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 21 Stocking Stuffers Under $5 For Everyone On Your List (And They're All From Amazon Canada) 19 Practical Gifts That Anyone Would Love To Unwrap 23 Great Secret Santa Gifts Under $15 From Amazon Canada Home The Good Stuff: Our Favourite Christmas Lights For 2024 Our Guide To The Best Sectional Sofas You Can Get In Canada Our Guide To The Best Electric Snow Shovels In Canada In 2024 (And Where To Get Them) Gifts The Best Gifts For 10-Year-Old Girls 19 Gifts Under $50 That Are Better Than A Gift Card 20 Of The Best Gifts Worth Splurging On In 2024 Beauty Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit Deals Black Friday May Be Over, But You Can Still Take Advantage Of These Amazing Sales On Amazon Canada It's Officially Travel Tuesday: Here Are The Best Deals On Flights, Hotels, And Vacations The Waterpik Advanced Water Flosser Will Make Cleaning Your Teeth So Much Easier — And It's 40% Off For Cyber Monday Ottawa Top Stories FREEZING DRIZZLE ADVISORY | Up to 5 cm of snow, freezing drizzle expected in Ottawa Treasury Board president accuses PSAC of sharing 'misleading information' on $1.9 billion public service pension surplus BREAKING | Union reportedly drops wage demands in Canada Post negotiations City closes pedestrian bridge over Rideau River for winter use Syrians in Ottawa react to fall of Assad regime Salvation Army seeing significant drop in donations due to Canada Post strike OC Transpo fare hike will cost Ottawa school bus authority extra $4.6 million this school year City of Ottawa ends endorsement deal with water line insurer CTVNews.ca Top Stories LIVE UPDATES | Luigi Mangione arraigned, faces five charges Following his arrest in Altoona, Pa. earlier on Monday, Luigi Mangione was arraigned and charged with five counts, according to a criminal complaint. BREAKING | Union reportedly drops wage demands in Canada Post negotiations The Canadian Union of Postal Workers (CUPW) has reportedly dropped its wage demand to 19 per cent over four years, CTV News has learned. Sudbury, Ont., family traumatized after hospital said loved one had been released, when in fact they had passed away Sudbury resident Angela Vitiello says a staff member at Health Sciences North told her that her brother, Allan St. Martin, was released from the hospital late last month when, in fact, he had passed away. Liberal government survives third Conservative non-confidence vote Conservative Leader Pierre Poilievre's latest attempt to topple the minority Liberal government in a non-confidence vote failed on Monday, thanks to the New Democrats. Polygamous U.S. sect leader gets 50 years in prison in scheme to orchestrate sex involving children A polygamist religious leader in the U.S. who claimed more than 20 spiritual “wives” including 10 underage girls was sentenced to 50 years in prison on Monday. Montreal man retiring early after winning half of the $80 million Lotto-Max jackpot Factor worker Jean Lamontagne, 63, will retire earlier than planned after he won $40 million on Dec. 3 in the Lotto-Max draw. Katie Holmes refutes story about daughter Suri Cruise’s fortune Katie Holmes has posted a screen grab of a Daily Mail article, which reported that her 18-year old daughter, whose father is Tom Cruise, is now a "millionaire." Trudeau says dealing with Trump will be 'a little more challenging' than last time Prime Minister Justin Trudeau said dealing with incoming president Donald Trump and his thundering on trade will be 'a little more challenging' than the last time. Rupert Murdoch fails in bid to change family trust, New York Times reports A Nevada commissioner has ruled against Rupert Murdoch's bid to change his family trust to consolidate control of his media empire in the hands of his son Lachlan, the New York Times reported on Monday. Atlantic Eastern Canada storm to impact Maritimes with high winds Thursday An area of low pressure is forecast to develop into a strong storm as it moves from the northeastern U.S. into the St. Lawrence River Valley late Wednesday into Thursday. New report states cancer comes at a high physical and financial cost to Canadians A new report from the Canadian Cancer Society states, on average, a Canadian with cancer pays $33,000 out of their own pocket. 'Time of fear is behind us': Syrian-Maritimer reacts to the fall of the Syrian government Some Syrian-Canadians are greeting the fall of Bashar al-Assad’s government with a mix of hope and uncertainty. Toronto A 'traffic crisis': Economic, social impact of congestion cost Ontario more than $50B in 2024, study finds The cost of lost economic opportunities in the GTHA due to congestion totaled more than $10 billion in 2024 and that number rose to more than $47 billion when factoring in the “social impacts” that diminish a commuter’s quality of life, according to a new report. East Toronto shooting victim was a 'loving mother, daughter, cousin and niece,' says her mother A 34-year-old woman fatally shot inside of a home in Toronto's east end on Sunday evening was a 'loving mother, daughter, cousin and niece,' says her mother. LIVE UPDATES | Luigi Mangione arraigned, faces five charges Following his arrest in Altoona, Pa. earlier on Monday, Luigi Mangione was arraigned and charged with five counts, according to a criminal complaint. Montreal 'Looking for the Weinstein of Quebec': impresario Gilbert Rozon's civil trial begins Just for Laughs founder Gilbert Rozon's civil trial for sexual assault opened Monday at the Montreal courthouse with his lawyer portraying him as the scapegoat in a hunt to find Quebec's Harvey Weinstein. Montreal man retiring early after winning half of the $80 million Lotto-Max jackpot Factor worker Jean Lamontagne, 63, will retire earlier than planned after he won $40 million on Dec. 3 in the Lotto-Max draw. Thousands without power in the West Island Thousands of people in Montreal’s West Island are without power on Monday evening, with the majority in Dollard-des-Ormeaux followed by Dorval and Kirkland. Northern Ontario Sudbury, Ont., family traumatized after hospital said loved one had been released, when in fact they had passed away Sudbury resident Angela Vitiello says a staff member at Health Sciences North told her that her brother, Allan St. Martin, was released from the hospital late last month when, in fact, he had passed away. Murder suspect from TO loses bid to have trial moved out of 'vermin' infested Sudbury jail A man charged with a 2022 murder on Manitoulin Island will be tried in Sudbury, after a judge rejected arguments from the defence that Toronto or North Bay would be more convenient for his client. ATV driver in northern Ont. who fled spot check got stuck in a swamp A getaway went wrong for an ATV driver in Spanish, Ont., recently when they were caught by police on foot Windsor Windsor expands shelter system with overnight emergency spaces, 73 new warming centres Windsor city council has approved turning the Windsor Homelessness and Housing Help Hub into an overnight emergency shelter and adding six dozen warming centres to the region's shelter system. Windsor’s high unemployment rate doesn’t paint the whole picture: Experts New Statistic Canada number show there were over 18,000 people still unemployed in our area and looking for work in November. Windsor businesses brace for 'tax holiday' implementation Businesses in Windsor are entering a period of uncertainty as the holiday tax break goes into effect on Dec. 14. London What is walking pneumonia, and why are medical experts talking about it? This year, the province has seen the highest number of walking pneumonia cases since it began tracking the data in 2019 - MLHU officials are concerned about the trend. Craigwood Youth Services to cease operations after more than 70 years The interim executive director issued a statement saying the organization faces significant funding challenges and a shifting landscape for delivering their services. BREAKING | Union reportedly drops wage demands in Canada Post negotiations The Canadian Union of Postal Workers (CUPW) has reportedly dropped its wage demand to 19 per cent over four years, CTV News has learned. Kitchener Salvation Army says mail-in donations down almost 40 per cent in Kitchener-Waterloo The Salvation Army has seen a big drop in donations this holiday season. Transport truck collision closes part of Highway 401 near Homer Watson One lane of Highway 401, through Kitchener, was closed Monday after a transport truck driver took evasive action to avoid a crash. BREAKING | Union reportedly drops wage demands in Canada Post negotiations The Canadian Union of Postal Workers (CUPW) has reportedly dropped its wage demand to 19 per cent over four years, CTV News has learned. Barrie Man accused in Good Samaritan's death violates court-imposed order while in jail Brandon Aaron has been found guilty of violating a court-imposed non-communication order while behind bars in Penetanguishene. Horse-drawn buggy collision with straight truck sends 4 to hospital Four people were taken to the hospital after a collision involving a horse-drawn carriage and a straight truck in Southgate Township near Dundalk. Ontario Christmas tree season in full swing After two years of supply challenges and growing struggles, Ontario’s Christmas tree industry expects a very good holiday season ahead. Winnipeg Here's how much snow fell in parts of Manitoba Sunday A low pressure system brought snow, freezing rain and freezing drizzle to much of southern Manitoba starting Sunday. 11 train cars derail, closing Manitoba road for hours A train derailment near Portage la Prairie had traffic closed for several hours and almost a dozen railcars completely off the tracks. BREAKING | Union reportedly drops wage demands in Canada Post negotiations The Canadian Union of Postal Workers (CUPW) has reportedly dropped its wage demand to 19 per cent over four years, CTV News has learned. Calgary BREAKING | Parents charged in toddler son's death plead guilty to manslaughter The parents accused in the death of their 18-month-old son pleaded guilty to manslaughter charges in a Calgary courtroom Monday. BREAKING | Union reportedly drops wage demands in Canada Post negotiations The Canadian Union of Postal Workers (CUPW) has reportedly dropped its wage demand to 19 per cent over four years, CTV News has learned. Alberta cancels foreign worker recruitment trip to United Arab Emirates The Alberta government says it has pulled the plug on a foreign worker recruitment mission in the United Arab Emirates scheduled for early next year. Edmonton Family spokesman says slain Edmonton security guard had only been working 3 days A spokesman for the family of a security guard who police say was murdered while patrolling an Edmonton apartment building last week says the man had only been on the job for three days. Largest AI data centre in the world to be built in northwest Alberta The world's largest Artificial Intelligence data centre will be built in northwest Alberta and comes with an estimated $70 billion price tag. Man dies from injuries sustained during assault: Edmonton police Police are investigating the death of a man in central Edmonton over the weekend. Regina Sask. Court of Appeal denies White City's request to annex 4,000 acres from RM of Edenwold A land dispute that's been taking place just east of Regina for the past six years has been put to rest, according to the Rural Municipality (RM) of Edenwold. Regina homicide suspect makes national most wanted list A man wanted in connection to a fatal shooting in Regina earlier this year is now among Canada's top 25 most wanted. Sask. hockey player recovering after near fatal skate accident during game The Sask East Hockey League (SEHL) has released details of a near fatal accident at one of its games over the weekend – which saw a Churchbridge Imperials player suffer serious injuries after being struck with a skate. Saskatoon Emergency crews searching the South Saskatchewan River for body of missing man Saskatoon police and firefighters have begun searching the South Saskatchewan River for the body of a 48-year-old man who went missing late last month. Sask. RCMP lay murder charge in fatal February shooting The Saskatchewan RCMP have charged a man with first-degree murder for a fatal February shooting in North Battleford. Sask. hockey player recovering after near fatal skate accident during game The Sask East Hockey League (SEHL) has released details of a near fatal accident at one of its games over the weekend – which saw a Churchbridge Imperials player suffer serious injuries after being struck with a skate. Vancouver Toxic drug deaths in October lowest in 4 years, B.C. coroners service says Toxic drug deaths in October reached a low not seen in years, according to new preliminary data from the B.C. Coroners Service. 'Bombshell': Small Business BC abruptly declares bankruptcy A decades-old non-profit with a mandate of supporting B.C.'s small businesses abruptly declared bankruptcy – resulting in dozens of employees losing their jobs weeks before Christmas. B.C. selects 9 wind power projects to boost energy supply by 8 per cent a year British Columbia has given the green light to nine wind energy projects that will boost the province's hydro-electric grid by eight per cent a year, enough to power 500,000 homes. Vancouver Island Toxic drug deaths in October lowest in 4 years, B.C. coroners service says Toxic drug deaths in October reached a low not seen in years, according to new preliminary data from the B.C. Coroners Service. B.C. selects 9 wind power projects to boost energy supply by 8 per cent a year British Columbia has given the green light to nine wind energy projects that will boost the province's hydro-electric grid by eight per cent a year, enough to power 500,000 homes. 'Bombshell': Small Business BC abruptly declares bankruptcy A decades-old non-profit with a mandate of supporting B.C.'s small businesses abruptly declared bankruptcy – resulting in dozens of employees losing their jobs weeks before Christmas. Kelowna Study of 2023 Okanagan wildfires recommends limiting development in high-risk areas A study into the devastating wildfires that struck British Columbia's Okanagan region in 2023 has recommended that government and industry limit development in high-fire-risk areas. Kelowna, B.C., to host the Memorial Cup in the spring of 2026 The Western Hockey League's Kelowna Rockets will host the Memorial Cup in the spring of 2026, the Canadian Hockey League said Wednesday. 545 vehicles impounded in 332 days: BC Highway Patrol pleads for drivers to slow down Mounties with the BC Highway Patrol in Kelowna say they've impounded more than 545 vehicles for excessive speed and aggressive driving so far this year. That works out to more than 1.6 per day. 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When she arrived at 6 a.m., 10 other people joined her. It wouldn't be the last time they risked freezing their toes off to get in a workout before the rest of the world wakes up. "You're pretty much just putting everything you own on," said Smith, an accountant. "If you look at the pictures, you don't know who you are unless you remember what you were wearing." Since that winter of 2013, Smith has rarely missed a workout with the group, called November Project, a network of free outdoor group exercise classes that started in Boston. No matter the month or weather, participants roll out of bed before dawn at least once a week and shield their faces from the blistering cold. One part intense training and one part abject silliness, the project is a model for how to stay motivated to exercise outside throughout the winter. It started when a pair of friends challenged each other to exercise every morning for the month of November. By the end of the month, they were recruiting others. "A party is better when there's more people around," said Bojan Mandaric, who created the project with Brogan Graham in 2011. "We would talk to anybody who would listen." Soon, their meetings were attracting a few dozen people, who then brought the idea to other cities when they moved. Now there are 52 chapters in eight countries, including 44 in the United States and Canada. What do the workouts look like? Workouts, which attract all ages and fitness levels, begin with a "bounce," a hopping, call-and-response chant to loosen people up physically and mentally. How the classes continue varies on the location and day of the week, but most include running and body weight exercises like squats or burpees. To promote the idea that exercise can be fun, they also might weave in activities that would be at home during childhood recess in the schoolyard. In Edmonton, they've played an intense version of duck duck goose, gone sledding in winter and done Slip 'n' Slide in summer. One workout in Boston involved a kind of Easter egg hunt, where you search for plastic eggs at a sprint. Crack them open to find commands that could be, walk like a gorilla, do a cartwheel, or grab grass and dump it on Mandaric's head. The point is to lower inhibitions, which helps people make connections, said Jason Shaw, co-leader of the Indianapolis chapter. "Nobody's cool at November Project," he said. "At different gyms, especially, you always have the people who just are so cool, or think they're so cool. We try to nip that in the bud." Shaw said chapters mark different milestones, much like Scout merit badges, by spray painting a tag on your shirt for, say, showing up on your first single-digit day. But they don't spray when it's too cold. The paint freezes. If you don't have a chapter nearby, many cities offer some kind of running or outdoor exercise group, though many are not free. Otherwise, November Project organizers offered a few suggestions on how to stay motived to keep working through the colder months. Find a workout buddy: Accountability is a core tenet of the project. Members make a verbal promise to show up, and there is almost a sense of letting down your teammates if you don't, said Mandaric, who moved to Boston from Serbia to row crew for Northeastern University. Invest in some gear: There's no such thing as bad weather, just bad clothing, Shaw said. At a minimum, buy a moisture-wicking base layer that will help keep you warm and dry. Avoid cotton, which keeps sweat in contact with your body and will make you colder. And add a top jacket with wind-breaking fabric. Make it a habit: Commit to exercising on the same days and times for a month. Creating a predictable routine will help you get into a groove that is easier to maintain, Mandaric said. Most of all, have fun: One of the things Smith appreciates most about the project is its social aspect. She called it "a chosen family" that was formed partly because they were having fun while exercising. "Fitness doesn't have to be this hard-nosed, drill-sergeant type thing," she said. "You can have fun and get fit."
Exclusive: 9News tech expert Trevor Long talks to Bob Borchers, Apple Vice President of Worldwide Product Marketing, about Apple's new AI feature.