Flutterwave named to fast company’s fourth annual list of “Brands That Matter”BOULDER, Colo. — Travis Hunter is a throwback-type player — an elite receiver one moment, a lockdown cornerback the next — who rarely leaves the field and has a knack for making big plays all over it. The Colorado Buffaloes' two-way standout (see: unicorn) even celebrates at an elite level, unveiling imaginative dance moves following touchdowns and interceptions, some of which include the Heisman Trophy pose. It's one of the many awards he's in line to win. Hunter is the The Associated Press college football player of the year, receiving 26 of 43 votes Thursday from a panel of AP Top 25 voters. Boise State tailback Ashton Jeanty finished second with 16 votes and Arizona State running back Cameron Skattebo received one vote. "Couldn't do what I do without my team," Hunter said in an email on a trip to Las Vegas for an awards ceremony. "So I view being up for these awards as team awards." People are also reading... A player with his particular set of skills doesn't come around that often. He's a flashback to the days of Charles Woodson at Michigan or Champ Bailey at Georgia. Or even his coach, Deion Sanders, a two-way star in the NFL. The prospect of significant playing time on both sides of the ball is what led Hunter to join Sanders at Jackson State and why he followed Sanders to Boulder. "Coach Prime was the only coach who would consider allowing me to do what I'm doing," said Hunter, who's expected to be a top-five pick next spring in the NFL draft, possibly even the No. 1 overall selection. "He did it and knows what it takes — how much you have to be ready on both sides of the ball." Want to fuel Hunter? Simply tell him he can't. "I'm motivated when people tell me I can't do something," Hunter said. "That I can't dominate on both sides of the ball. I want to be an example for others that anything is possible. Keep pursuing your dreams." Hunter helped the 20th-ranked Buffaloes to a 9-3 record this season and a berth in the Alamo Bowl against No. 17 BYU (10-2) on Dec. 28. He played 688 defensive snaps and 672 more on offense — the lone Power Four conference player with 30-plus snaps on both sides of the ball, according to Colorado research. Hunter has already won a second straight Paul Hornung award as the game's most versatile player. He's up for the Walter Camp (player of the year), Maxwell (most outstanding player), the Biletnikoff (best receiver) and Bednarik (top defensive player) awards. And, of course, the Heisman, where he's the odds-on favorite to win over Jeanty this weekend. Hunter can join the late Rashaan Salaam as the only Colorado players to capture the Heisman. Salaam won it in 1994 after rushing for 2,055 yards. Hunter wasn't a finalist for the Jim Thorpe Award, which goes to the nation's top defensive back. That drew the wrath of Sanders, who earned the award with Florida State in 1988 and vowed to give his trophy to Hunter. Hunter's high school coach, Lenny Gregory, knew he had a special player the summer of Hunter's freshman year. Gregory, then the coach at Collins Hill in Georgia, had a conditioning test for his players — run six 200-yard dashes with a minute rest in between. Defensive backs had to complete each in under 32 seconds. Hunter never even got winded. He played safety/cornerback and receiver as a freshman and helped Collins Hill to a state title his senior season. "I remember just talking to colleges the spring of his ninth-grade year and telling coaches that this kid's going to be the No. 1 player in the country," recounted Gregory, who's now the coach at Gordon Central High in Calhoun, Georgia. "They'd look at him and laugh at me, 'What are you talking about? This scrawny kid? He's not big enough.' I was like, 'Just watch. Just watch.'" Hunter finished the regular season with 92 catches for 1,152 yards and 14 touchdowns as a receiver. On defense, he had four interceptions, broke up 11 passes and forced one crucial fumble, which secured an OT win over Baylor. Overall, Hunter had 92 receptions and allowed 22. He hauled in 14 receiving TDs and allowed just one. He was responsible for 53 first downs and gave up just six. He was targeted 119 times by Shedeur Sanders & Co. but only 39 times by opposing QBs. Hunter's likely final game in Boulder, a rout of Oklahoma State, was a three-touchdown, one-interception performance. "I'm used to seeing him do all this spectacular stuff," Shedeur Sanders said. "I'm used to all this stuff — you all are just now seeing it on national stage." Be the first to know
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DoorDash will require its drivers to verify their identities more often as part of a larger effort to crack down on unauthorized account sharing. DoorDash has been under pressure to ensure its drivers are operating legally. Over the summer, for example, it pledged to do a better job identifying and removing dangerous drivers after a flood of complaints of dangerous driving from cities. Officials in Boston, New York and other cities have said that in many cases, people with multiple traffic violations continue to make deliveries using accounts registered to others. The San Francisco delivery company said Thursday it was requiring some drivers to complete real-time identity checks immediately after they complete a delivery. Previously, drivers were occasionally asked to re-verify their identities before or after a shift. DoorDash has introduced the new system in Los Angeles, Denver, Seattle and other cities, and said it planned a wider rollout next year. DoorDash said it also has developed an advanced machine learning system that can flag potential unauthorized account access, including login anomalies and suspicious activity. If the company detects a problem, it will require drivers to re-verify their identity before they can make more deliveries . U.S. drivers must verify their identities with a driver’s license or other government-issued identification, and upload a selfie that matches their identification photo before they can do work for DoorDash. They also must submit to background checks, which require a Social Security number. The company said it found that some drivers were getting around the requirements by sharing accounts with authorized users. In some cases, drivers who were not authorized to drive for DoorDash paid authorized users for access to their accounts. Some federal lawmakers have demanded that DoorDash and other delivery apps do a better job of keeping people who are in the U.S. illegally off the platforms. Republican U.S. Sens. Marsha Blackburn of Tennessee, Mike Braun of Indiana and Ted Budd of North Carolina sent letters to delivery companies in April asking them to crack down on account sharing. “These illegal immigrants are delivering food directly to consumers’ doors without ever having undergone a background check and often without even using their real names,” the letter said. It added that working illegally can also be dangerous for migrants, creating the potential for exploitation and abuse. The Associated Press left messages seeking comment Thursday with Gig Workers Rising and Justice for App Workers, which both represent delivery drivers. DoorDash won’t estimate how many drivers are using shared accounts, but said its safeguards are effective. Last year, it began asking drivers to re-verify their identities monthly by submitting a selfie. The company said it is now asking more than 150,000 drivers to complete selfie checks each week, and it’s removing them from the platform if they don’t comply.MOSCA, Colorado — A handmade sign at the start of a long dirt road in the rural San Luis Valley indicates to visitors that they’ve arrived at the future site of . The peaks of the Sangre de Cristo Mountains barely make a dent in the big blue skies above the 40 acres purchased by founder and CEO Gamal Jadue Zalaquett. He aims to transform the land into a resort featuring 20 villas, a spa, a restaurant and a planetarium. “It’s a place of alignment. Kosmos is a place of connection,” Jadue Zalaquett said. “Kosmos, in a way, is a place to heal, and the San Luis Valley has a lot to do with healing.” He bought the property for $11,000 in December 2020. But with glass domes for stargazing and expensive price tags to stay the night, Jadue Zalaquett’s ambitious brainchild falls snugly into the category of “luxury ecotourism.” His site is an ideal spot for admiring constellations and distant galaxies. According to the National Park Service, the nearby is considered an International Dark Sky Park. Jadue Zalaquett said the area is a class two location on the Bortle dark-sky scale, which translates to “ ” skies. The resort’s planetarium will include a 1-meter telescope. In terms of getting visitors to Kosmos, “that’s gonna be the biggest attractor,” Jadue Zalaquett said. Development is still in the early stages, but it’s already garnering attention from the public: More than 12,000 Instagram users follow where project renderings and updates are shared. Kosmos plans to open its first villa early next year, said marketing operations manager Jennifer Geerlings. Although it’s still under construction, the resort has already booked more than 2,000 reservations, she added. “A lot of it, for some people, is the excitement of being the first to be able to stay in an experience like this,” Geerlings said in a phone interview. “There’s really no other resort that’s doing this.” While Jadue Zalaquett put about $500,000 toward getting the project off the ground, raised $1.9 million, Geerlings said. Donors paid a one-time fee to receive 50% discounts off their reservations for early 2025. So instead of paying the usual $700 nightly rate, they booked at $350 per night, Geerlings said. And after the campaign’s end, people continued to contribute directly via Stripe, which put total revenue from crowdfunding at more than $2 million, Jadue Zalaquett added. So why is it worth it to stay at Kosmos? For Geerlings, the answer is a combination of the villas — with their jacuzzis nestled in glass domes under the stars — and amenities like the planetarium. “You’re able to experience some of the best stargazing. The Milky Way is visible to the naked eye,” Geerlings said. “A planetarium is something that’s never been at a resort before.” In November, director of field operations Auston Duncan stepped over sagebrush and loose hardware to outline the state of construction on the project. An unfinished villa offered a hint of what’s to come. The rectangular building with exposed wooden rafters and newly-installed glass sliding doors will soon house a bedroom and a bathroom. Jeremy Stephen, the founder of Steamboat Springs-based , built the villa out of , which is made of hemp, water and lime. It works as an eco-friendly insulator, helping to mitigate heating and cooling costs and lending itself to the vision of Kosmos as a resort with sustainability in mind. On one side of the villa, a hot tub will be installed. On the other, a dome made out of glass and wood from will cover the kitchen and loft area. The development will occur in phases. Next year, 16 stargazing villas (which hold up to four guests) and 4 galaxy villas (which hold up to eight guests) will be constructed, Geerlings said. Every stay includes an hour of a guided stargazing experience and telescope training. In 2026, the amenities will be built out. Those include the Mediterranean-style restaurant and the wellness center with spa features like hyperbaric chambers, a sauna and a cold plunge. In 2027, the planetarium will be added to the resort. To ensure dark skies, guests will park their cars and use electric golf carts to navigate the resort, Jadue Zalaquett said. He mentioned that discussions with consultants on the stargazing center included a NASA representative, who was interested in hosting a mission workshop at Kosmos next year. Both the planetarium and the spa will be open to the public, Geerlings added. All in all, it’s a bold plan. And Kosmos is looking to hire to make it happen. Right now, the business is in search of employees to lead their stargazing experiences. So far, it’s recruited a former Great Sand Dunes ranger, Geerlings said. The team is considering college students from Adams State University in Alamosa as interns. Kosmos will also need to staff resort operations, including housekeeping, security and front desk workers. “We’re gonna try and hire pretty much everyone locally,” Geerlings said. For Jadue Zalaquett, taking on an endeavor like this runs in his blood. Related Articles He currently lives between Alamosa and Boulder, but Jadue Zalaquett was born in Chile and grew up in Miami. When his family migrated to Chile, they ran hotels. Several paternal relatives work as architects. However, Jadue Zalaquett didn’t initially follow the family business. Instead, he worked in technology startups for almost a decade. Then, during the COVID-19 pandemic, he visited the San Luis Valley. He realized that, although the Great Sand Dunes were located less than a half hour away, tourists could only choose from a few lodging options. So came the idea for Kosmos. And “here I am, back at my roots,” Jadue Zalaquett said.
49ers activate Dre Greenlaw from the PUP list
Georgia’s thrilling 22-19 overtime victory against Texas in the SEC championship game last Saturday in Atlanta not only assured the Bulldogs a spot in the 12-team College Football Playoff field, but it gave them a coveted first-round bye. Coach Kirby Smart’s team was able to earn the win despite playing the entire second half and overtime period without starting quarterback Carson Beck, who was injured on the final play of the first half and didn’t return to the game until handing the ball off to Trevor Etienne for what would be the game-winning touchdown run. While backup Gunner Stockton was able to rally his team in its biggest game of the season, questions still remain about Beck and whether one of the preseason favorites for the Heisman Trophy might be able to return in time for the playoff. Here’s the latest on Carson Beck’s injury and how it impacts his playing status for the College Football Playoff: REQUIRED READING: Our College Football Playoff bracket prediction. Who takes home the national championship? Carson Beck injury update In a news release Monday , Georgia acknowledged that Beck suffered an elbow injury during the SEC championship game while adding that Beck and his family are “exploring treatment options.” According to the university, there is “no current timetable on his return.” Beck was injured while attempting to throw a Hail Mary from midfield with no time remaining in the first half. As he was about to move his arm forward to throw a last-second heave, Beck was hit by Texas’ Trey Moore, with some noticeable contact on his forearm. Beck was tended to by team medical personnel and did not return to action, with Stockton taking over for him the rest of the way. Smart had said during the playoff selection show on Sunday that Beck had undergone an MRI that morning on his elbow. According to a report from The Athletic Monday, Beck suffered an injury to his UCL, a ligament in the elbow that connects the bones of the upper arm to the forearm. For now, the vague, uncertain timetable for a potential return adds to the doubt surrounding a Georgia team that’s one of the favorites to win the playoff. Thanks to the bye, the Bulldogs won’t play again until the Sugar Bowl on January 1, a national quarterfinal game that will pit them against the winner of a December 20 matchup between Notre Dame and Indiana. If nothing else, Beck could have some extra time to rest his elbow if the injury isn’t so serious that it would require surgery. While relieving Beck, Stockton, a sophomore who was a four-star recruit in the 2022 class, completed 12 of 16 passes for 71 yards, no touchdowns and an interception. During his senior season, Beck has completed 64.7% of his passes for 3,485 yards, 28 touchdowns and 12 interceptions.To lure Juan Soto, Mets created a video of his statue outside Citi Field next to Tom Seaver's NEW YORK (AP) — The New York Mets wanted Juan Soto to know his future with them could be set in stone. When the free agent outfielder traveled to owner Steve Cohen’s house in Beverly Hills, California, for a presentation last month, the team unveiled a video that included an image of a future Soto statue outside Citi Field, next to the one erected of franchise great Tom Seaver. Soto put on a New York Mets jersey and cap for the first time Thursday after his record $765 million, 15-year contract was finalized and talked about what made the difference in his decision. Bill Belichick 'always wanted' to give college coaching a try. Now he will at North Carolina New North Carolina football coach Bill Belichick said he had long been interested in coaching in the college ranks. But it had never worked out until now, as he takes over the Tar Heels program. Belichick led the New England Patriots to six Super Bowl titles during a 24-year run there that ended last year. Belichick's five-year deal pays him $10 million in base and supplemental salary per year. It is guaranteed only for the first three years, including for buyout purposes. There is also up to $3.5 million in annual bonuses. Wander Franco's sex abuse trial has been postponed 5 months PUERTO PLATA, Dominican Republic (AP) — The trial against Tampa Bay Rays shortstop Wander Franco, who has been charged with sexually abusing a minor, sexual and commercial exploitation against a minor, and human trafficking, has been postponed until June 2, 2025. Dominican judge Yacaira Veras postponed the hearing Thursday at the request of prosecutors because of the absence of several key witnesses in the case. Franco’s lawyers asked the court to reconsider the postponement, arguing Franco must report to spring training in mid-February. The judge replied that Franco is obligated to continue with the trial schedule and his conditional release from detainment. LeBron James ruled out of Lakers' game at Minnesota on Friday with foot soreness LOS ANGELES (AP) — LeBron James has been ruled out of the Los Angeles Lakers’ game at Minnesota on Friday night due to soreness in his left foot. James will miss his second straight game when the Lakers return from a four-day break to face the Timberwolves. The top scorer in NBA history was away from the team this week with an excused absence attributed to “personal reasons,” coach JJ Redick said Wednesday. It’s unclear whether James will even make the quick round trip to Minnesota before the Lakers’ next game at home against Memphis on Sunday. Rape investigation that Swedish media say focused on Kylian Mbappé has been closed STOCKHOLM (AP) — Swedish prosecutors say they have dropped a rape investigation that was launched in connection with soccer star Kylian Mbappé’s visit to Stockholm in October. In a statement, lead investigator Marina Chirakova says there is not enough evidence to continue the investigation into the allegation at a hotel. Prosecutors never publicly named the suspect in the investigation but some Swedish media reported it was Mbappé. The Real Madrid striker visited Stockholm in October during a break in the Spanish league. At the time, Mbappé’s legal team dismissed those reports as false. Travis Hunter, the 2-way standout for Colorado, is the AP college football player of the year BOULDER, Colo. (AP) — Colorado two-way standout Travis Hunter is The Associated Press college football player of the year. Hunter received 26 of the 43 votes from a panel of AP Top 25 voters. Boise State tailback Ashton Jeanty finished second with 16 votes, and Arizona State running back Cameron Skattebo received one vote. A throwback player who rarely left the field, Hunter had 92 catches for 1,152 yards and 14 touchdowns as a receiver. He had four interceptions and 11 passes defensed as a shutdown corner. Hunter helped the the 20th-ranked Buffaloes to a 9-3 record and an appearance in the Alamo Bowl against BYU. 2034 World Cup visitors will live in 'a bubble' and not see real life, Saudi rights activist says LONDON (AP) — A Saudi human rights activist says soccer fans visiting Saudi Arabia for the 2034 World Cup will live in a “bubble” that doesn't reflect real life there. Lina al-Hathloul is a London-based activist whose sister was jailed in Saudi Arabia then banned from travel after campaigning to end a ban on women driving. When FIFA confirmed the kingdom as the 2034 tournament host on Wednesday its president Gianni Infantino acknowledged “the world will be watching” for positive social change. Al-Hathloul says western people “will be very safe” at the World Cup but "will see a bubble of what Saudi Arabia is.” Team claims NASCAR rescinded approval to buy new charter unless federal antitrust suit is dropped CHARLOTTE, N.C. (AP) — A new court filing says NASCAR rejected Front Row Motorsports’ agreement to purchase a charter from Stewart-Haas Racing unless the team and 23XI Racing dropped their federal antitrust lawsuit against the stock car series. Front Row and 23XI rejected NASCAR's new revenue sharing agreement and have gone to court. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. Indian teen Gukesh Dommaraju becomes the youngest chess world champion after beating Chinese rival NEW DELHI (AP) — Indian teenager Gukesh Dommaraju has become the youngest chess world champion after beating the defending champion Ding Liren of China. Dommaraju, 18, secured 7.5 points against 6.5 of his Chinese rival in Thursday's game which was played in Singapore. He has surpassed the achievement of Russia’s Garry Kasparov who won the title at the age of 22. Dommaraju is now also the second Indian to win the title after five-time world chess champion Viswanathan Anand. The Indian teen prodigy has long been considered a rising star in the chess world after he became a chess grandmaster at 12. He had entered the match as the youngest-ever challenger to the world crown after winning the Candidates tournament earlier this year. Hojlund scores twice for Man United to beat Viktoria Plzen 2-1 in Europa League, Tottenham held 1-1 Rasmus Hojlund scored twice after coming off the bench and Manchester United rallied to beat Viktoria Plzen 2-1 in the Europa League. The Denmark striker netted in the 88th minute after collecting Bruno Fernandes’ pass off a free kick to seal the victory. Hojlund came on in the 56th and scored an equalizer six minutes later. Totenham was held 1-1 at Rangers and Lazio tops the standings after a 3-1 win at Ajax. In the Conference League a youthful Chelsea lineup made the most of a long trip to Kazakhstan by beating Astana 3-1 to stay perfect in the third-tier competition.
Middle East latest: Israeli strikes in Gaza kill more than 50 people, including kidsMOSCA, Colorado — A handmade sign at the start of a long dirt road in the rural San Luis Valley indicates to visitors that they’ve arrived at the future site of Kosmos Stargazing Resort & Spa . The peaks of the Sangre de Cristo Mountains barely make a dent in the big blue skies above the 40 acres purchased by founder and CEO Gamal Jadue Zalaquett. He aims to transform the land into a resort featuring 20 villas, a spa, a restaurant and a planetarium. “It’s a place of alignment. Kosmos is a place of connection,” Jadue Zalaquett said. “Kosmos, in a way, is a place to heal, and the San Luis Valley has a lot to do with healing.” He bought the property for $11,000 in December 2020. But with glass domes for stargazing and expensive price tags to stay the night, Jadue Zalaquett’s ambitious brainchild falls snugly into the category of “luxury ecotourism.” His site is an ideal spot for admiring constellations and distant galaxies. According to the National Park Service, the nearby Great Sand Dunes National Park and Preserve is considered an International Dark Sky Park. Jadue Zalaquett said the area is a class two location on the Bortle dark-sky scale, which translates to “ truly dark ” skies. The resort’s planetarium will include a 1-meter telescope. In terms of getting visitors to Kosmos, “that’s gonna be the biggest attractor,” Jadue Zalaquett said. Development is still in the early stages, but it’s already garnering attention from the public: More than 12,000 Instagram users follow the resort’s page where project renderings and updates are shared. Kosmos plans to open its first villa early next year, said marketing operations manager Jennifer Geerlings. Although it’s still under construction, the resort has already booked more than 2,000 reservations, she added. “A lot of it, for some people, is the excitement of being the first to be able to stay in an experience like this,” Geerlings said in a phone interview. “There’s really no other resort that’s doing this.” While Jadue Zalaquett put about $500,000 toward getting the project off the ground, a crowdfunding campaign raised $1.9 million, Geerlings said. Donors paid a one-time fee to receive 50% discounts off their reservations for early 2025. So instead of paying the usual $700 nightly rate, they booked at $350 per night, Geerlings said. And after the campaign’s end, people continued to contribute directly via Stripe, which put total revenue from crowdfunding at more than $2 million, Jadue Zalaquett added. So why is it worth it to stay at Kosmos? For Geerlings, the answer is a combination of the villas — with their jacuzzis nestled in glass domes under the stars — and amenities like the planetarium. “You’re able to experience some of the best stargazing. The Milky Way is visible to the naked eye,” Geerlings said. “A planetarium is something that’s never been at a resort before.” In November, director of field operations Auston Duncan stepped over sagebrush and loose hardware to outline the state of construction on the project. An unfinished villa offered a hint of what’s to come. The rectangular building with exposed wooden rafters and newly-installed glass sliding doors will soon house a bedroom and a bathroom. Jeremy Stephen, the founder of Steamboat Springs-based Evolve Construction , built the villa out of hempcrete , which is made of hemp, water and lime. It works as an eco-friendly insulator, helping to mitigate heating and cooling costs and lending itself to the vision of Kosmos as a resort with sustainability in mind. On one side of the villa, a hot tub will be installed. On the other, a dome made out of glass and wood from Ekodome will cover the kitchen and loft area. The development will occur in phases. Next year, 16 stargazing villas (which hold up to four guests) and 4 galaxy villas (which hold up to eight guests) will be constructed, Geerlings said. Every stay includes an hour of a guided stargazing experience and telescope training. In 2026, the amenities will be built out. Those include the Mediterranean-style restaurant and the wellness center with spa features like hyperbaric chambers, a sauna and a cold plunge. In 2027, the planetarium will be added to the resort. To ensure dark skies, guests will park their cars and use electric golf carts to navigate the resort, Jadue Zalaquett said. He mentioned that discussions with consultants on the stargazing center included a NASA representative, who was interested in hosting a mission workshop at Kosmos next year. Both the planetarium and the spa will be open to the public, Geerlings added. All in all, it’s a bold plan. And Kosmos is looking to hire to make it happen. Right now, the business is in search of employees to lead their stargazing experiences. So far, it’s recruited a former Great Sand Dunes ranger, Geerlings said. The team is considering college students from Adams State University in Alamosa as interns. Kosmos will also need to staff resort operations, including housekeeping, security and front desk workers. “We’re gonna try and hire pretty much everyone locally,” Geerlings said. For Jadue Zalaquett, taking on an endeavor like this runs in his blood. He currently lives between Alamosa and Boulder, but Jadue Zalaquett was born in Chile and grew up in Miami. When his family migrated to Chile, they ran hotels. Several paternal relatives work as architects. However, Jadue Zalaquett didn’t initially follow the family business. Instead, he worked in technology startups for almost a decade. Then, during the COVID-19 pandemic, he visited the San Luis Valley. He realized that, although the Great Sand Dunes were located less than a half hour away, tourists could only choose from a few lodging options. So came the idea for Kosmos. And “here I am, back at my roots,” Jadue Zalaquett said.
Netanyahu's office says his security Cabinet has approved ceasefire deal with Hezbollah– CBZ Holdings Limited (CBZHL) has withdrawn its proposed mandatory offer to minority shareholders of First Mutual Holdings Limited (FMHL) after the Competition and Tariff Commission (CTC) capped its stake in the insurer at 31.22%. The move underscores regulatory efforts to maintain market competition and prevent over-consolidation in Zimbabwe’s financial and insurance sectors. The mandatory offer, initially announced on October 31, 2024, was triggered by CBZHL’s substantial shareholding in FMHL, in line with Zimbabwe Stock Exchange Listings Requirements and the Companies and Other Business Entities Act. However, the CTC’s final decision, issued on November 29, 2024, rejected any further acquisition of FMHL shares by CBZHL, effectively blocking the proposed offer. In a statement released yesterday, CBZHL’s group chief governance officer, Ms. Rurobidzayi Jakanani, confirmed the company’s compliance with the ruling. “In light of the decision by the CTC, shareholders of FMHL are hereby advised that CBZHL will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited. No further announcements will be made in respect of this issue,” said Ms. Jakanani. Market analysts view the CTC’s intervention as a significant regulatory action to safeguard competition. “This sends a strong message that there are limits to market consolidation, particularly when it involves major players like CBZHL,” said market analyst Shingai Dumba. “A 31.22% stake already positions CBZHL as a key influencer in FMHL’s operations. Allowing further acquisitions could have raised concerns about monopolistic practices and market dominance,” she added. The initial mandatory offer was seen as a strategic effort by CBZHL to deepen its foothold in Zimbabwe’s lucrative insurance sector. FMHL, a leading player in the industry, has a diversified portfolio spanning life and health insurance, as well as real estate investments. CBZHL’s interest in FMHL aligns with its broader vision of expanding its influence across financial services and insurance. For FMHL’s minority shareholders, the decision preserves the current shareholding structure, ensuring CBZHL remains a significant but non-controlling stakeholder. “While some shareholders may feel disappointed, as mandatory offers often come with premiums above market prices, the ruling maintains balance in the sector,” Ms. Dumba noted. The CTC’s decision reflects a growing trend of vigilant regulatory oversight in Zimbabwe’s corporate landscape. “The financial and insurance sectors are pivotal to economic stability. Over-consolidation risks creating monopolistic structures, which could hinder competition and innovation,” Ms. Dumba explained. With the mandatory offer shelved, CBZHL may need to explore alternative strategies to increase its influence within FMHL or focus on other growth avenues. The CTC’s ruling highlights the importance of regulatory bodies in shaping corporate dynamics by balancing growth ambitions with competitive fairness. As Zimbabwe’s economy evolves, maintaining this equilibrium will remain critical to fostering sustainable development in key industries.Shares of Hershey ($HSY) rose more than 10% on Monday after larger fellow confectionery company Mondelez International ($MDLZ) was reportedly said to be exploring an acquisition of the former, dampening retail sentiment. On Monday, Bloomberg reported that Mondelez, which makes Oreos, was in talks to buy the "Hershey Kisses" maker in a potential deal that would create a combined company with nearly $50 billion in annual sales. A potential deal would be the largest one in the sector this year. Retail sentiment on the Hershey stock turned ‘extremely bearish’ (6/100) from ‘neutral’ (46/100) a week ago, with some users skeptical of the deal going through. However, sentiment on the Mondelez stock was optimistic, with message volumes climbing into the ‘extremely high’ zone. According to the Bloomberg report, Mondelez is seeking to expand its chocolate and snack businesses. The company made a “preliminary approach” and talks are reportedly in early stages. Mondelez previously launched a takeover bid for Hershey in 2016 but scuttled the deal after Hershey didn’t accept the offer. Hershey’s North America Confectionery segment net sales grew 0.8% to $2.48 billion during its most recent quarter while North America Salty Snacks segment’s net sales declined 15.5% to $291.8 million. A stocktwits poll on the merger pointed to users doubting Hershey shareholders would approve the deal. Wall Street analysts were similarly skeptical about the deal’s prospects, with one firm, Jefferies, reportedly believing a potential deal has a "higher probability than in 2016." HSY stock is up 0.71% year-to-date. For updates and corrections email newsroom[at]stocktwits[dot]com.<
DoorDash will require its drivers to verify their identities more often as part of a larger effort to crack down on unauthorized account sharing. DoorDash has been under pressure to ensure its drivers are operating legally. Over the summer, for example, it pledged to do a better job identifying and removing dangerous drivers after a flood of complaints of dangerous driving from cities. Officials in Boston, New York and other cities have said that in many cases, people with multiple traffic violations continue to make deliveries using accounts registered to others. The San Francisco delivery company said Thursday it was requiring some drivers to complete real-time identity checks immediately after they complete a delivery. Previously, drivers were occasionally asked to re-verify their identities before or after a shift. DoorDash has introduced the new system in Los Angeles, Denver, Seattle and other cities, and said it planned a wider rollout next year. DoorDash said it also has developed an advanced machine learning system that can flag potential unauthorized account access, including login anomalies and suspicious activity. If the company detects a problem, it will require drivers to re-verify their identity before they can make more deliveries . U.S. drivers must verify their identities with a driver’s license or other government-issued identification, and upload a selfie that matches their identification photo before they can do work for DoorDash. They also must submit to background checks, which require a Social Security number. The company said it found that some drivers were getting around the requirements by sharing accounts with authorized users. In some cases, drivers who were not authorized to drive for DoorDash paid authorized users for access to their accounts. Some federal lawmakers have demanded that DoorDash and other delivery apps do a better job of keeping people who are in the U.S. illegally off the platforms. Republican U.S. Sens. Marsha Blackburn of Tennessee, Mike Braun of Indiana and Ted Budd of North Carolina sent letters to delivery companies in April asking them to crack down on account sharing. “These illegal immigrants are delivering food directly to consumers’ doors without ever having undergone a background check and often without even using their real names,” the letter said. It added that working illegally can also be dangerous for migrants, creating the potential for exploitation and abuse. The Associated Press left messages seeking comment Thursday with Gig Workers Rising and Justice for App Workers, which both represent delivery drivers. DoorDash won’t estimate how many drivers are using shared accounts, but said its safeguards are effective. Last year, it began asking drivers to re-verify their identities monthly by submitting a selfie. The company said it is now asking more than 150,000 drivers to complete selfie checks each week, and it’s removing them from the platform if they don’t comply.
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market NEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia, Tesla and Microsoft. Even with the loss, the S&P 500 had a modest gain for the week and is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. The yield on the 10-year Treasury rose to 4.62%. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. An online debate over foreign workers in tech shows tensions in Trump's political coalition WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in the president-elect’s political movement into public display. The argument previews fissures and contradictory views his coalition could bring to the White House. The rift laid bare tensions between the newest flank of Trump’s movement — that is, wealthy members of the tech world who want more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says WASHINGTON (AP) — A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, a deputy national security adviser, said Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose.
Three Greenspoon Marder Lawyers Bolster Southeast Presence MIAMI , Dec. 12, 2024 /PRNewswire/ -- Ice Miller is pleased to announce the addition of esteemed international transactional lawyers Jon Lyman and Gai Sher to help launch the firm's new Miami office . Bringing 30 years of experience counseling corporate and financial institution clients on all manner of deals, often involving cross-border transactions, Miami -based Lyman reinforces Ice Miller's strong transactional roster on both a regional and international scale, while Sher concentrates her practice on representing and providing legal counsel to startups, emerging growth companies, brands, creators, and executives in media, technology, and consumer products in all aspects of commercial transactions. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Benjamin Tanimu: Super Eagles star bags Global Player of the Year award – PhotoNEW YORK (AP) — Donald Trump was on the verge of backing a 16-week federal abortion ban earlier this year when aides staged an intervention. According to Time magazine's cover story on his selection as its 2024 Person of the Year, Trump's aides first raised concerns in mid-March that the abortion cutoff being pushed by some allies would be stricter than existing law in numerous states. It was seen as a potential political liability amid ongoing fallout over the overturning of Roe v. Wade by a conservative majority on the Supreme Court that includes three justices nominated by Trump in his first term. Trump political director James Blair went to work assembling a slide deck — eventually titled “How a national abortion ban will cost Trump the election" — that argued a 16-week ban would hurt the Republican candidate in the battleground states of Pennsylvania, Michigan and Wisconsin, the magazine reported. “After flipping through Blair’s presentation" on a flight to a rally in Grand Rapids, Michigan, in April, Trump dropped the idea, according to the report. "So we leave it to the states, right?" Trump was quoted as saying. He soon released a video articulating that position. At the time, Trump’s campaign denied that he was considering supporting the 16-week ban, calling it “fake news” and saying Trump planned to “negotiate a deal” on abortion if elected to the White House. Here are other highlights from the story and the president-elect's 65-minute interview with the magazine: Trump reaffirmed his plans to pardon most of those convicted for their actions during the Jan. 6, 2021, riot at the U.S. Capitol. “It’s going to start in the first hour,” he said of the pardons. “Maybe the first nine minutes.” Trump said he would look at individuals on a “case-by-case" basis, but that “a vast majority of them should not be in jail.” More than 1,500 people have been charged with federal crimes stemming from the riot that left more than 100 police officers injured and sent lawmakers running into hiding as they met to certify Democrat Joe Biden’s 2020 victory . More than 1,000 defendants have pleaded guilty or been convicted at trial of charges, including misdemeanor trespassing offenses, assaulting police officers and seditious conspiracy. Trump insisted he has the authority to use the military to assist with his promised mass deportations , even though, as his interviewers noted, the Posse Comitatus Act prohibits the use of the military in domestic law enforcement. “It doesn’t stop the military if it’s an invasion of our country, and I consider it an invasion of our country," he said. “I’ll only do what the law allows, but I will go up to the maximum level of what the law allows. And I think in many cases, the sheriffs and law enforcement is going to need help." Trump did not deny that camps would be needed to hold detained migrants as they are processed for deportation. “Whatever it takes to get them out. I don’t care," he said. “I hope we’re not going to need too many because I want to get them out and I don’t want them sitting in camp for the next 20 years.” Trump told Time he does not plan to restore the policy of separating children from their families to deter border crossings, but he did not rule it out. The practice led to thousands of children being separated from their parents and was condemned around the globe as inhumane. “I don’t believe we’ll have to because we will send the whole family back,” he said. “I would much rather deport them together, yes, than separate.” Trump dismissed the idea that Elon Musk will face conflicts of interest as he takes the helm of the Department of Government Efficiency , an advisory group that Trump has selected him to lead. The panel is supposed to find waste and cut regulations, including many that could affect Musk's wide-ranging interests , which include electric cars, rockets and telecommunications. “I don’t think so," Trump said. “I think that Elon puts the country long before his company. ... He considers this to be his most important project." Trump lowered expectations about his ability to drive down grocery prices. “I’d like to bring them down. It’s hard to bring things down once they’re up. You know, it’s very hard. But I think that they will,” he said. Trump said he is planning “a virtual closure" of the "Department of Education in Washington.” “You’re going to need some people just to make sure they’re teaching English in the schools," he said. “But we want to move education back to the states.” Yet Trump has proposed exerting enormous influence over schools. He has threatened to cut funding for schools with vaccine mandates while forcing them to “teach students to love their country" and promote “the nuclear family,” including “the roles of mothers and fathers” and the “things that make men and women different and unique.” Asked to clarify whether he was committed to preventing the Food and Drug Administration from stripping access to abortion pills , Trump replied, “It’s always been my commitment.” But Trump has offered numerous conflicting stances on the issue, including to Time. Earlier in the interview, he was asked whether he would promise that his FDA would not do anything to limit access to medication abortion or abortion pills. "We’re going to take a look at all of that,” he said, before calling the prospect “very unlikely.” “Look, I’ve stated it very clearly and I just stated it again very clearly. I think it would be highly unlikely. I can’t imagine, but with, you know, we’re looking at everything, but highly unlikely. I guess I could say probably as close to ruling it out as possible, but I don’t want to. I don’t want to do anything now.” Pressed on whether he would abandon Ukraine in its efforts to stave off Russia's invasion , Trump said he would use U.S. support for Kyiv as leverage against Moscow in negotiating an end to the war. “I want to reach an agreement,” he said, “and the only way you’re going to reach an agreement is not to abandon.” Trump would not commit to supporting a two-state solution, with a Palestinian state alongside Israel, as he had previously. “I support whatever solution we can do to get peace," he said. "There are other ideas other than two state, but I support whatever, whatever is necessary to get not just peace, a lasting peace. It can’t go on where every five years you end up in tragedy. There are other alternatives.” Asked whether he trusted Israeli Prime Minister Benjamin Netanyahu , he told Time: “I don’t trust anybody.” Trump would not rule out the possibility of war with Iran during his second term. “Anything can happen. It’s a very volatile situation," he said. Asked if he has spoken to Russian President Vladimir Putin since the Nov. 5 election, Trump continued to play coy: "I can’t tell you. It’s just inappropriate.” Trump insisted that his bid to install Matt Gaetz as attorney general ”wasn’t blocked. I had the votes (in the Senate) if I needed them, but I had to work very hard.” When the scope of resistance to the former Republican congressman from Florida became clear, Trump said, “I talked to him, and I said, ‘You know, Matt, I don’t think this is worth the fight.'" Gaetz pulled out amid scrutiny over sex trafficking allegations, and Trump tapped former Florida Attorney General Pam Bondi for the Cabinet post. Trump, who has named anti-vaccine activist Robert F. Kennedy Jr. to lead the Department of Health and Human Services, did not rule out the possibility of eliminating some childhood vaccinations even though they have been proved safe in extensive studies and real world use in hundreds of millions of people over decades and are considered among the most effective public health measures in modern history. Pressed on whether “getting rid of some vaccinations” — neither Trump nor the interviewers specified which ones — might be part of the plan to improve the health of the country, Trump responded: “It could if I think it’s dangerous, if I think they are not beneficial, but I don’t think it’s going to be very controversial in the end.” “I think there could be, yeah," Trump said of the prospect of others in his family continuing in his footsteps. He pointed to daughter-in-law Lara Trump , who served as co-chair of the Republican National Committee and is now being talked about as a potential replacement for Florida Sen. Marco Rubio, whom Trump has chosen for secretary of state. Trump said the former and soon-to-be first lady Melania Trump will be joining him at the White House during second term and will "be active, when she needs to be.” “Oh yes,” he said. “She’s very beloved by the people, Melania. And they like the fact that she’s not out there in your face all the time for many reasons.”(The Center Square) – Adoption of institutional neutrality is supported by better than 6 in 10 tenured and nontenured faculty at the University of North Carolina, Wake Forest University and Duke University, a report says. Nationally, 66% of faculty say “colleges and universities should not take positions on political and social issues,” says Silence in the Classroom, the 2024 FIRE Faculty Survey Report. At Duke, the percentage is 71%, at Carolina 65%, and at Wake 64%. Higher education is facing mounting challenges, from the costs to the positions it favors. Silencing students or faculty has drawn sharp criticism from Capitol Hill to every corner of the nation sending people to the ballot box. Carolina, established in 1789, is the nation’s oldest public university. It also earlier this year became embattled in free speech controversy tied to the war between Hamas and Israel. The Foundation for Individual Rights and Expression , as FIRE is more formally known, is a nonprofit nonpartisan organization billing itself as “defending and sustaining the individual rights of all Americans to free speech and free thought.” Surveys on topics related to free expression and academic freedom were made of 6,269 tenured, tenure-track and nontenure faculty at 55 four-year colleges and universities in America. In North Carolina, the sampling was of 145 at Carolina, 80 at Duke, and 55 at Wake Forest. For each campus, respondents said the top “difficult issue to discuss” is the Israeli-Palestinian conflict. Asked for top three issues, the Middle East saga was 79% at Carolina, 71% at Wake Forest and 68% at Duke. Each campus was split on the second and third choices. At Duke, 57% said affirmative action and 51% transgender rights. At Carolina, 54% said affirmative action and 53% racial inequality. And at Wake, 63% said racial inequality and 55% transgender rights. All were talking points of various candidates, particularly the presidential race, in the election cycle climaxing last month. In response to faculty feeling “they could not express their opinion because of how others would respond,” the choices of “occasionally,” “fairly often” and “very often” drew a combined 69% at Wake Forest, 69% at Duke and 67% at Carolina. Fairly often and very often were 35% at Duke. Statements pledging commitment to diversity, equity and inclusion is rarely or never justified of faculty job candidates, said 61% at Duke, 44% at Carolina and 42% at Wake Forest. Nationally, the response was 50%. Academic freedom leaned more toward secure than not at all three institutions on a split of about 60%-40%. As for faculty feeling a need to “hide their political beliefs from other faculty in an attempt to keep their job,” answers of “never” were chosen by 43% at Duke, 42% at Carolina and 36% at Wake Forest. Among the national findings of the FIRE survey: • More faculty (35%) than during the McCarthy era (9%) say they toned down their writing for fear of controversy. • Threats of discipline for teaching, research, academic talks or other off-campus speech was incurred by 14%. • Faculty feeling unable to speak freely for fear of how others would respond was 27%. • Fear of damaged reputations because of misunderstandings with something said or done was 40%. • Fear of losing jobs because of misunderstandings with something said or done was 23%.None