Tavia Acquisition Corp. Announces Full Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
Middle East latest: Israeli strikes in Gaza kill more than 50 people, including kids
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Breitbart Editor-in-Chief Alex Marlow fills in for host Mike Slater in this special holiday edition of the Breitbart News Daily Podcast. Alex begins by reviewing a report that President-elect Donald Trump’s nominee for defense secretary, Pete Hegseth, might be considering a policy that would remove roughly 15,000 trans members of our military. Is this good or bad? Can this actually be done? What would be the fallout? Alex gives his analysis. Then, Breitbart Senior Writer John Nolte joins Alex to discuss why he’s optimistic that Trump’s second term will go more smoothly than his first. The Breitbart News Daily Podcast runs Monday through Friday as a “Director’s Cut” of the SXM Patriot radio show hosted by Mike Slater. SUBSCRIBE for free by clicking your preferred podcast platform below.
Middle East latest: Israeli strikes in Gaza kill more than 50 people, including kidsThe former FBI informant who claimed he could prove that then-Vice President Joe Biden and his son Hunter Biden were paid $5 million a piece by the owners of Ukrainian energy company Burisma now admits he made the whole thing up. Alexander Smirnov lied when he told the FBI that Hunter Biden, who sat on Burisma’s board while President Joe Biden was serving as No. 2 in the Obama White House, used his father’s political position to force the Ukrainian company into making payments to both Bidens in 2015 or 2016, he admitted in a plea deal revealed Thursday. “In truth and fact. Defendant had contact with executives from Burisma in 2017, after the end of the Obama-Biden Administration and after the then-Ukrainian Prosecutor General had been fired in February 2016 — in other words, when (Biden) could not engage in any official act to influence U.S. policy,” the plea deal reads, in part. According to the plea, which serves as an admission to guilt on a felony count of lying to investigators and three more of tax evasion, Smirnov, took issue with the Bidens in 2020 for political reasons and told his FBI handler he had knowledge of corruption, but investigators later learned he was embellishing his access to company officials and inside information. “Defendant transformed his routine and unextraordinary business contacts with Burisma in 2017 and later into bribery allegations against Public Official 1, the presumptive nominee of one of the two major political parties for President, after expressing bias against Public Official 1 and his candidacy,” the plea reads, in part. Smirnov’s entirely-made-up version of events served as the backbone of a year-long effort by Congressional Republicans to drum up impeachment charges to levy against President Biden over his alleged role in the bribery scheme. Ohio’s U.S. Rep. Jim Jordan, who chairs the House Judiciary Committee, said Smirnov’s assertion got to the “ heart ” of the GOP’s investigation into the Bidens, while House Oversight Chair U.S. Rep. James Comer, R-KY, called it “ a very crucial piece of our investigation. ” After Smirnov was arrested in February, prosecutors revealed much of the information he was sharing with his FBI handlers was coming from the Kremlin. “Smirnov admitted that officials associated with Russian intelligence were involved in passing a story about Businessperson 1,” they wrote , referring to Hunter Biden. Smirnov’s exact claims were made public in June of 2023, after U.S. Sen. Chuck Grassley published a redacted version of the FBI form he used to spin his lies to his handlers. Ranking House Republican U.S. Rep. Elise Stefanik told Fox News that the allegations represented “the biggest political corruption scandal, not only in my lifetime, but I would say the past 100 years.” Hunter Biden was recently pardoned by President Biden for any and all crimes he may have committed while working for Burisma and in the years that followed. ©2024 MediaNews Group, Inc. Visit at bostonherald.com . Distributed by Tribune Content Agency, LLC.CHARLESTON, S.C. , Dec. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million , is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024. As previously disclosed, due to EVERFI performing below expectations, Blackbaud is considering a range of alternatives for EVERFI, one of which includes a potential divestiture of the business. The impairment charge was determined to be necessary as part of this process. "To comply with generally accepted accounting principles, we're planning to record this noncash charge in the fourth quarter," said Mike Gianoni , president, CEO and vice chairman of the board of directors. "We want to emphasize that EVERFI remains well positioned to support its customers and continue helping companies dedicated to social impact reach communities through custom education and workplace solutions for today's key issues. In addition, Blackbaud's core business remains strong, and we are committed to helping customers around the world use technology to drive meaningful social impact. As we determine our long-term strategic approach to the EVERFI business, we will continue to provide updates." Additional details can be found in Blackbaud's Form 8-K filed today with the SEC. About Blackbaud Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States , Australia , Canada , Costa Rica , India and the United Kingdom , supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter , LinkedIn , Instagram and Facebook . Media Inquiries media@blackbaud.com Forward-looking Statements Except for historical information, all of the statements, expectations and assumptions contained in this Current Report on Form 8-K are forward- looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's estimates regarding the impairment charge related to the EVERFI assets. These statements involve a number of risks and uncertainties. Although we attempt to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the risk factors set forth from time to time in our filings with the Securities and Exchange Commission (the "SEC"), copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from our investor relations department. We assume no obligation and do not intend to update these forward- looking statements, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/blackbaud-announces-impairment-charge-related-to-everfi-assets-302330791.html SOURCE BlackbaudNone
An NBA officiating review concluded that referees were correct to call a foul on Jonathan Kuminga in the final seconds of the Golden State Warriors' 91-90 Wednesday loss to the Houston Rockets. The Last Two Minute Report released by the league on Thursday stated that Kuminga "pulls his shoulder down" when reaching over Rockets guard Jalen Green with 3.5 seconds remaining on the clock. The Warriors were leading by one point at the time of the foul. Green hit both ensuing free throws to seal the Rockets' win. Golden State led by six points with three minutes left before the Rockets climbed back within one point. Steph Curry missed a step-back jumpshot attempt from 24 feet out with 11 seconds remaining. In the final seconds, Rockets guard Fred VanVleet grappled with Warriors guard Gary Payton II for the ball seconds before the foul was called on Kuminga. The Last Two Minute Report deemed that a "correct non-call," writing that VanVleet made "clean contact with the ball." Warriors head coach Steve Kerr, who was visibly frustrated by the foul on Kuminga, said after the game that he had "never seen" a call like the one that ended up deciding Wednesday night's game. "I've never seen a loose ball foul on a jump ball situation, 80 feet from the basket with the game on the line," Kerr told reporters after the game, per ESPN's Ohm Youngmisuk . "I've never seen that. I think I saw it in college one time 30 years ago. Never seen it in the NBA. That is, I mean, unconscionable." "I don't even understand what just happened. Loose ball, diving on the floor, 80 feet from the basket, and you're going to give a guy two free throws to decide the game when people are scrambling for the ball. Just give them a timeout and let the players decide the game. That's how you officiate." The Rockets had lost their previous 15 games against the Warriors heading into the matchup. After defeating Golden State for the first time since February 2020, Houston advanced to the semifinals of the NBA Cup. Kerr and the Warriors have yet to make it to the semifinals in two editions of the in-season tournament.
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Scottie Scheffler has new putting grip and trails Cameron Young by 3 in BahamasTORONTO - Canada’s main stock index rose Thursday, helped by strength in energy and utilities stocks, while U.S. markets moved lower ahead of reports on the labour market on both sides of the border. The S&P/TSX composite index closed up 38.86 points at 25,680.04. In New York, the Dow Jones industrial average was down 248.33 points at 44,765.71. The S&P 500 index was down 11.38 points at 6,075.11, while the Nasdaq composite was down 34.86 points at 19,700.26. Friday will bring the monthly jobs reports in both the U.S. and Canada, which markets will be eyeing for clues on upcoming interest rate decisions by central banks, said Kevin Headland, co-chief investment strategist at Manulife Investment Management. The U.S. Federal Reserve has several key data reports coming before it makes its own decision on Dec. 18, said Headland, including inflation. Markets are currently leaning toward a quarter-percentage-point cut from the Fed, he said. But “there’s a lot of data for them to digest before the announcement.” The Bank of Canada’s decision is next week, and Headland said markets seem to think there’s a good chance the central bank could cut by an outsized half-percentage point. “In my belief, the bank is trying to front-run the mortgage renewals that are coming due over the next year or so, to just avoid some of the bigger hits to discretionary spending,” said Headland. “There’s no reason for them not to continue rate cuts unless there’s a surprise tomorrow.” Canadian bank earnings continued to roll in on Thursday. CIBC saw its profit rise while its provisions for loan losses dropped. TD also saw its profit rise, though its adjusted earnings were lower as the bank continues to work through the fallout from its anti-money laundering deficiencies. Meanwhile, BMO’s earnings were a miss on analyst expectations but the bank said it expects loan performance to improve in 2025. So far, there haven’t been any major surprises from bank earnings overall, said Headland. Bitcoin continued its meteoric rise, briefly breaching US$100,000 for the first time after U.S. president-elect Donald Trump tapped crypto advocate Paul Atkins to head the Securities and Exchange Commission. “US$100,000 is definitely a psychological threshold,” said Headland. “I guess time will tell whether it can remain at that level,” he added. “If we’re getting downside pressure to risk assets, I would assume that Bitcoin and other companies will be swept up in that negativity.” But for now, the surge is indicative of the broader positive momentum markets have enjoyed since Donald Trump’s election, said Headland. The Canadian dollar traded for 71.24 cents US compared with 71.09 cents US on Wednesday. The January crude oil contract was down 24 cents at US$68.30 per barrel and the January natural gas contract was up four cents at US$3.08 per mmBTU. The February gold contract was down US$27.80 at US$2,648.40 an ounce and the March copper contract was down a penny at US$4.19 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 5, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
Scottie Scheffler has new putting grip and trails Cameron Young by 3 in BahamasIoT at Workplace Market Is Booming So Rapidly | Major Giants Cisco, IBM, Siemens