
Who are the favorites to win Golden Globes? | Streamed & Screened podcastHARRISBURG, Pa. (AP) — Democratic Sen. Bob Casey of Pennsylvania conceded his reelection bid to Republican David McCormick on Thursday, as a statewide recount showed no signs of closing the gap and his campaign suffered repeated blows in court in its effort to get potentially favorable ballots counted. Casey’s concession comes more than two weeks after Election Day, as a grindingly slow ballot-counting process became a spectacle of hours-long election board meetings, social media outrage, lawsuits and accusations that some county officials were openly flouting the law. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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After 12 years of service on the Solano County Board of Supervisors, Vallejo’s Erin Hannigan left the dias for the last time following Tuesday’s meeting. Hannigan was provided a plaque for her 12 years of service from the county. Chair of the Board Mitch Mashburn thanked her for her service by reading out the proclamation in her honor, during which both supervisors became emotional. Her colleagues and county staff said her dedication to her work will leave a legacy in Solano County for many years. “She has been committed to the people and the animals of Solano County, and very much has stepped up for us in the county to make sure that we worked positively and knew that human lives matter,” said Mashburn. While Mashburn noted her specific achievements on issues including food security and the environment, he noted that the spirit of service she brought to her work will be her true legacy. “Programs come and programs go,” Mahsburn said, “but because of you there are kids in this county who won’t go to bed hungry.” Mashburn repeatedly extolled Hannigan’s commitment to justice for everyone in the county, noting her steadfast work representing all of her constituents. “You have opened doors and leveled playing fields for marginalized communities forever,” he said. Hannigan thanked everyone gathered at the meeting, the voters of her district, and particularly the county staffers who have implemented the policies she has advocated for in her time on the board. “All of that stuff doesn’t happen because I did it, I’m the 30,000-foot ideas person,” she said, later calling staff the “heat and soul” of the county government. She also thanked her children, Connor and Hannah, for grounding her in the desire to create a healthy, supportive environment in the community. As a child of public servants herself, she said she understands that it isn’t always easy. “This has been the best job I have ever had,” she said. “As they say, if you love the work, then it’s not work, and this has not been work.” She also thanked her colleagues of many years on the board. Hannigan also thanked staffers Josette Lacy and Michael Wilson. “It’s an important day for Team Hannigan as we call ourselves,” she said. Born in Vallejo and raised by her grandmother, Hannigan said Lacy has a passion for helping others overcome adversity. Working for Hannigan’s office as a district representative since 2015, Hannigan said Lacy has been integral to strengthening the city of Vallejo. “She has repeatedly demonstrated a deep commitment to her community,” Hannigan said. Lacy thanked her husband for his support over the years and noted that she takes pride in her family. “Being a mother of my three has been the most rewarding and grounding experience, It has shaped my perspective on family, community and building opportunity for the future.” Wilson, who has served since Hannigan’s election in 2012, ran to replace Hannigan on the dias, but was defeated by Supervisor Elect Cassandra James. He previously served as a Vallejo City Council member alongside Hannigan, working to help the city through a financial crisis. “Michael has been the key to our long and beneficial relationship with the Yoca Dehe Wintun Nation,” Hannigan said. Lacy read a message from Hannigan’s children into the record, both of whom said glowing things about her as a mother and a public official. “You are one fiercely dedicated bonafide badass of a public servant,” her son Conner wrote. Former Supervisor Jim Spering said he was proud of Hannigan’s commitment to her constituents over the years. Pippin Dew, a former Vallejo council member and mayoral candidate, expressed her gratitude to Hannigan for her mentorship and guidance. “She has never forgotten that group of people,” Spering said of the disadvantaged and marginalized in Solano County. Supervisor John Vasquez said that working with Hannigan has been an honor and a pleasure. “We are colleagues, Vasquez said, “but we also become like a family.” Hannigan’s tenacity and commitment to her values leave an impressive legacy, he said, and she will be missed on the board. “The one thing I realized early on is if I want to take Erin on, I’d better be ready,” Vasquez said, “because she is a fierce competitor.” Supervisor Wanda Williams thanked Hannigan for her commitment to public service and her guidance when she joined the board. “You’ve been a good mentor and I just want to thank you for everything,” Williams said. County Administrator Bill Emlen said Hannigan’s contributions will go on for a long time and that staff will remember her fondly. “My experience in working with you is that you have that depth of understanding and that you’re able to bring to fruition those big issues,” he said to Hannigan. At the end of the meeting, Hannigan joked that her last meeting was a long one and thanked her colleagues once again. “It’s been wonderful working with all of you,” Hannigan said, “and I want to wish the public happy holidays.”UnitedHealth Group shares keep falling, other health insurance stocks follow, as criticism of the industry heats up
— Court Rules in Favor of Heron in Patent Lawsuit Against Fresenius Kabi USA , LLC — SAN DIEGO , Dec. 3, 2024 /PRNewswire/ -- Heron Therapeutics, Inc. HRTX ("Heron" or the "Company"), a commercial-stage biotechnology company, today announced that the U.S. District Court for the District of Delaware ruled in Heron's favor in the Company's patent litigation against Fresenius Kabi USA , LLC with respect to CINVANTI® (aprepitant) injectable emulsion. The district court found that Heron's U.S. Patent Nos. 9,561,229 and 9,974,794, which expire in 2035, are valid and would be infringed by Fresenius' proposed generic product. The district court decision concludes the litigation initiated in July 2022 in response to Fresenius' submission of an Abbreviated New Drug Application with the U.S. Food and Drug Administration seeking approval of a generic version of CINVANTI®. As a result of the decision, Heron will seek an order from the Court prohibiting Fresenius from launching its generic CINVANTI® until after the expiration of the patents in 2035. This decision is subject to appeal. "We are pleased with this anticipated result of the proceeding and will continue to vigorously defend the CINVANTI® patent estate in the future," said Craig Collard, Chief Executive Officer of Heron. "The team at Heron takes great pride in the result of our successful history of developing injectable products, which is demonstrated by the strength of our intellectual property and the performance of our innovative drugs like CINVANTI® in serving patients with serious unmet needs." About Heron Therapeutics, Inc. Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com . Forward-looking Statements This news release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially. Therefore, you should not place undue reliance on forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption "Risk Factors." Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law. Investor Relations and Media Contact: Ira Duarte Executive Vice President, Chief Financial Officer Heron Therapeutics, Inc. iduarte@herontx.com 858-251-4400 View original content to download multimedia: https://www.prnewswire.com/news-releases/us-district-court-upholds-validity-of-cinvanti-patents-302321651.html SOURCE Heron Therapeutics, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Attempts to meddle in judicial probe intolerable: Home Minister
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Before we get going, let me clarify the title: by “no one,” I mean retail investors—there’s always some institutional savant out there who saw it coming. The surprise? It wasn’t a high-profile fraud, meme stock drama, or crypto implosion. It was long-term Canadian government bonds continuing to underperform in 2024, extending the misery of 2023 and the brutal 2022 bear market when inflation and rising rates delivered a double whammy. Why was this a surprise? Many retail investors assumed that with the Bank of Canada cutting rates aggressively, this type of bond would stage a comeback. While the rate cuts materialized, the rally in long-term bonds never followed. Here’s why. Why long-term bonds didn’t perform well Let’s use ( ) as our case study—a popular pick for retail investors, with over $3.6 billion in assets under management. ZFL carries an AAA credit rating, backed by the Canadian federal government. Despite budget deficits and some questionable policy decisions, Canada remains a reliable lender (for now). However, this isn’t a “safe” ETF by any means—credit risk may be negligible, but its interest rate risk is significant. As of December 9, 2024, ZFL’s weighted average duration was 18.06 years. A simple (though not perfect) way to understand this is: for every 1% decrease in interest rates, ZFL’s net asset value (NAV) should rise by roughly 18.06%, all else being equal. Many retail investors latched onto this concept in 2024, expecting jumbo rate cuts from the Bank of Canada to send long-term bond prices soaring. However, this analysis was overly simplistic. While the rate cuts materialized, ZFL didn’t deliver the anticipated gains. The policy interest rate—the short-term rate directly controlled by the Bank of Canada—was indeed cut aggressively, but long-term bond yields remained elevated, keeping long-term bond prices depressed. Why? Long-term yields reflect more than just central bank policy. Steady economic growth, ongoing government borrowing and deficits, and sticky inflation expectations all contributed to keeping long-term yields higher than expected. What to buy instead While long-term bonds have been a rough ride for price appreciation, their high volatility can actually work in your favour if you focus on generation. One way to do this is by using derivatives like covered calls, which turn volatility into options premiums (cold hard cash). A great example of this strategy is ( ). This ETF is a barbell strategy in action: it combines the stability of U.S. Treasury bills (T-bills) with the income-generating potential of long-term U.S. Treasury bonds, augmented by covered calls. Here’s how it works: 80% of HBIL’s portfolio is allocated to an ETF holding ultra-safe U.S. T-bills. These short-term government securities are essentially risk-free and provide a stable source of monthly interest income. The remaining 20% is invested in a long-term Treasury ETF with an average maturity of around 20 years. To boost income further, HBIL sells covered calls on the long-term Treasury ETF portion of the portfolio. This means the ETF captures premium income by selling the upside potential of these volatile bonds. The result? A steady monthly distribution combining the safety of T-bills with the yield enhancement of covered calls on longer-dated Treasurys. 80% of the ETF is as safe as it gets, while the remaining 20% is structured to harvest income from risk. As of December 10, 2024, HBIL was yielding an impressive 7.45%—a balance of stability and higher income that’s tough to find elsewhere in today’s bond market.
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Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry AssociationFormer Tulane quarterback Darian Mensah has already found a new program in Duke, while Mississippi State's Michael Van Buren Jr., Wisconsin's Braedyn Locke and Cal's Fernando Mendoza are exploring changes of their own in the transfer portal. Mensah, a redshirt freshman with three years of eligibility remaining, told ESPN on Wednesday he has transferred to Duke. He attended the Blue Devils men's basketball game against Incarnate Word on Tuesday night. The Blue Devils (9-3) will face Mississippi in the Gator Bowl, but without 2024 starting quarterback Maalik Murphy and backup Grayson Loftis, who also entered the portal. Mensah, viewed as one of the top players in the portal, threw for 2,723 yards and 22 touchdowns and completed 65.9% of his passes. He led the Green Wave to a 9-4 record and the American Athletic Conference championship game, where they lost 35-14 to Army. Tulane will play Florida in the Gasparilla Bowl on Sunday. Van Buren, Mendoza and Locke announced on social media they had entered the portal. Van Buren started eight games as a true freshmen for the Bulldogs. He threw for 1,886 yards on 55% passing with 16 total touchdowns and seven interceptions for the Bulldogs (2-10, 0-8 Southeastern Conference). He took over as the starter when Blake Shapen suffered a season-ending shoulder injury in a 45-28 loss to Florida on Sept. 21. Shapen has said he plans to return next season. Van Buren, a 6-foot-1, 200-pound passer from St. Frances Academy in Maryland, had two 300-yard performances for the Bulldogs, including 306 yards and three touchdown passes in a 41-31 road loss against Georgia. Mendoza threw for 3,004 yards in 2024 with 16 TDs, six interceptions and a 68.7 completion percentage. "For the sake of my football future this is the decision I have reached," he posted. Locke passed for 1,936 yards with 13 touchdowns and 10 interceptions for Wisconsin this season. He said he will have two years of eligibility remaining at his next school. ANN ARBOR, Mich. — Michigan cornerback Will Johnson has joined defensive tackle Mason Graham in the NFL draft. Johnson declared for the draft on Wednesday, one day after Graham decided he would also skip his senior season with the Wolverines. Both preseason All-America players are expected to be first-round picks. Johnson was limited to six games this year due to an injury. He had two interceptions, returning them both for touchdowns to set a school record with three scores off interceptions. Johnson picked off nine passes in three seasons. Graham played in all 12 games this season, finishing with 3 1/2 sacks and seven tackles for losses. He had 18 tackles for losses, including nine sacks, in his three-year career. Tennessee running back Dylan Sampson is The Associated Press offensive player of the year in the Southeastern Conference and South Carolina defensive lineman Kyle Kennard is the top defensive player. Vanderbilt quarterback Diego Pavia was voted the top newcomer on Wednesday while the Gamecocks' Shane Beamer is coach of the year in voting by the panel of 17 media members who cover the league. Sampson led the SEC and set school records by rushing for 1,485 yards and 22 touchdowns. He is tied for third nationally in rushing touchdowns, recording the league's fifth-most in a season. Sampson was chosen on all but two ballots. Mississippi wide receiver Tre Harris and his quarterback, Jaxson Dart, each got a vote. Kennard led the SEC with 11-1/2 sacks and 15-1/2 tackles for loss. He also had 10 quarterback hurries and forced three fumbles. Beamer led the Gamecocks to just their fifth nine-win season, including a school-record four wins over Top 25 opponents. They've won their last six games and ended the regular season with a win over eventual ACC champion Clemson. South Carolina plays Illinois on Dec. 31 in the Citrus Bowl. Pavia helped lead Vandy to its first bowl game since 2018 after transferring from New Mexico State. He passed for 2,133 yards and 17 touchdowns with four interceptions. He ran for another 716 yards and six touchdowns, directing an upset of Alabama. AMES, Iowa — Matt Campbell, who led Iowa State to its first 10-win season and became the program's all-time leader in coaching victories, has agreed to an eight-year contract that would keep him with the Cyclones through 2032. University president Wendy Wintersteen and athletic director Jamie Pollard made the announcement Wednesday, four days after the Cyclones lost to Arizona State in the Big 12 championship game. “Given all the uncertainty currently facing college athletics, it was critical that we moved quickly to solidify the future of our football program,” Pollard said. “Matt is the perfect fit for Iowa State University and I am thrilled he wants to continue to lead our program. Leadership continuity is essential to any organization’s long-term success." The Cyclones won their first seven games for their best start since 1938 and are 10-3 heading into their game against Miami in the Pop Tarts Bowl in Orlando, Florida, on Dec. 28. BRIEFLY FLAG PLANT: Ohio Republican state Rep. Josh Williams said Wednesday on social media he's introducing a bill to make flag planting in sports a felony in the state. His proposal comes after the Nov. 30 fight at the Michigan-Ohio State rivalry football game when the Wolverines beat the Buckeyes 13-10 and then attempted to plant their flag at midfield. MALZAHN: Gus Malzahn, who resigned as UCF’s coach last month to become Mike Norvell’s offensive coordinator at Florida State, said he chose to return to his coaching roots rather than remain a head coach distracted by a myriad of responsibilities. Get local news delivered to your inbox!