MUNICH, Dec. 06, 2024 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. ( OTCQB: SEVCF ) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH or “Sono Motors”) today announced its financial results for the first six months of 2024, highlighting a €60.6 million profit and its recovery following its exit from insolvency earlier this year. Key financial highlights €60.6 million profit: The profit primarily stemmed from the extinguishment of liabilities, parental guarantee reversal and recapitalization and reconsolidation of Sono Motors. Operational efficiency: General and administrative expenses decreased significantly from €8.1 million in H1 2023 to €2.9 million in H1 2024, reflecting leaner operations post-restructuring. Substantial reduction in development expenses: Cost of development expenses decreased by over 96% from €16.0 million in H1 2023 to €0.6 million in H1 2024, reflecting the streamlined focus on retrofitting solar technology onto third party vehicles and the discontinuation of the Sion passenger car program. Strengthened cash position: The Company maintained a cash balance of €2.2 million as of June 30, 2024, which was further enhanced by receipt of the second tranche of funding from YA II PN, Ltd. (“Yorkville”) in September 2024 in the amount of €3.0 million. This funding reinforced the Company's financial stability and supported its operational growth. Six-Month 2024 Milestone Achievements Exiting insolvency: The Company’s wholly-owned subsidiary, Sono Motors, successfully exited its self-administration proceedings in February 2024, marking what the Company believes is a crucial step towards the financial and operational stability of Sono. Additional funding: In H1 2024 Sono received funding commitments of up to €9 million, of which €4 million were received in February 2024 and €3 million in September 2024. Subject to compliance with the terms of the investment, the Company expects the commitments to position it to obtain sufficient funding for its business strategy and operations through June 2025. Commencement of OTCQB trading: On July 2, 2024, the Company's ordinary shares began trading on OTCQB under the symbol "SEVCF," enhancing access for investors and reinforcing shareholder transparency. Recent Updates Green Innovation Award: Sono received the prestigious Green Innovation Award at the Intermobility and Bus Expo (IBE) in Rimini, Italy. The Company believes this accolade highlights the innovative and transformative nature of Sono's solar technology and reinforces its strong position in sustainable mobility solutions. Partnership with Hofmeister & Meincke: Sono is leveraging Hofmeister & Meincke’s strong market presence in Germany and globally to distribute its Solar Bus Kit, Solar Kits for trucks and vans and other solar products to potential customers. A recently completed training program for 80 Hofmeister & Meincke’s sales representatives ensures they are equipped to effectively promote Sono’s innovative solutions, expanding the reach of sustainable mobility technologies. Expanded product portfolio: Sono expanded its portfolio with new options for its solar bus kit, new solar kits for trucks, vans and trailers, as well as high-voltage solar solutions for refrigerated vehicles. These innovative solutions are designed to help fleet operators reduce fuel consumption, lower emissions and cut operational costs, showcasing Sono’s commitment to sustainable and versatile solar applications across various vehicle types. Progress Toward Planned Nasdaq Uplisting: On November 7, 2024, at an extraordinary general meeting of shareholders, key measures to advance Sono's planned uplisting to the Nasdaq Capital Market were approved. These included appointing Owen May to the Supervisory Board, approving amendments to the Articles of Association to meet Nasdaq requirements, and authorizing preferred shares intended to enable potential future conversion of debt into equity. Debt-to-Equity Conversion Term Sheet Signed: Sono has entered into a non-binding term sheet with Yorkville to convert approximately $32 million in outstanding debt into equity through the issuance of preferred shares. This initiative, pending the signing of definitive agreements, strengthens Sono’s balance sheet, reduces default risk, and marks significant progress towards the Company’s planned Nasdaq uplisting. Looking Ahead Managing Director, CEO and CFO George O’Leary said, “We believe our results demonstrate the resilience of our business model and the effectiveness of our strategic pivot to solar retrofit solutions. We see the €60.6 million profit and successful exit from insolvency mark as a key turning point for Sono, setting the stage for sustainable growth.” The Company remains committed to advancing its solar integration technology, providing scalable solutions for the transportation sector and reducing dependence on fossil fuels. For more information about Sono Group N.V., Sono Motors GmbH and their solar solutions, visit sonogroupnv.com and sonomotors.com . ABOUT SONO GROUP N.V. Sono Group N.V. ( OTCQB: SEVCF ) and its wholly-owned subsidiary Sono Motors GmbH are on a pioneering mission to accelerate the revolution of mobility by making every commercial vehicle solar. Our disruptive solar technology has been developed to enable seamless integration into all types of commercial vehicles to reduce the impact of CO2 emissions and pave the way for climate-friendly mobility. CONTACT: Press: press@sonomotors.com | ir.sonomotors.com/news-events Investors: ir@sonomotors.com | ir.sonomotors.com LinkedIn: https://www.linkedin.com/company/sonogroupnv FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements. The words "expect", "anticipate", "intend", "plan", "estimate", "aim", "forecast", "project", "target", “will” and similar expressions (or their negative) identify certain of these forward-looking statements. These forward-looking statements are statements regarding the intentions, beliefs, or current expectations of the Company and Sono Motors (together, the “companies”). Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and could cause the companies’ actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks, uncertainties and assumptions with respect to: our ability to access the unfunded portion of the investment from YA II PN, Ltd. (“Yorkville”), including our ability to successfully comply with the agreements related thereto and the absence of any termination event or any event of default; our ability to maintain relationships with creditors, suppliers, service providers, customers, employees and other third parties in light of the performance and credit risks associated with our constrained liquidity position and capital structure; our status as a foreign private issuer under the Securities Exchange Act of 1934; our ability to comply with OTCQB continuing standards, as well as our ability to have our shares admitted to trading on a national stock exchange, including the Nasdaq Capital Market, in the future; our ability to enter into a definitive agreement with Yorkville with respect to the conversion of outstanding debt into equity through the issuance of preferred shares; our ability to achieve our stated goals; our strategies, plan, objectives and goals, including, among others, the successful implementation and management of the pivot of our business to exclusively retrofitting and integrating our solar technology onto third party vehicles; our ability to raise the additional funding required beyond the investment from Yorkville to further develop and commercialize our solar technology and business as well as to continue as a going concern. For additional information concerning some of the risks, uncertainties and assumptions that could affect our forward-looking statements, please refer to our filings with the U.S. Securities and Exchange Commission (“SEC”), including our Annual Report on Form 20-F, which are accessible on the SEC’s website at www.sec.gov and on our website at ir.sonomotors.com. Many of these risks and uncertainties relate to factors that are beyond our ability to control or estimate precisely, such as the actions of courts, regulatory authorities and other factors. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the Company assumes no obligation to update any such forward-looking statements. FINANCIAL RESULTS (amounts in thousands, except share and per share data) INCOME STATEMENT BALANCE SHEETNone
PHILADELPHIA (AP) — Erik Reynolds II's 22 points helped Saint Joseph's defeat Delaware State 76-58 on Saturday. Reynolds shot 6 of 16 from the field, including 4 for 13 from 3-point range, and went 6 for 6 from the line for the Hawks (9-4). Rasheer Fleming scored 13 points and added 14 rebounds, five assists, and three steals. Dasear Haskins had 12 points and shot 6 for 12, including 0 for 5 from beyond the arc. Kaseem Watson finished with 23 points and three steals for the Hornets (7-7). Martez Robinson added 13 points, seven rebounds and two steals for Delaware State. Muneer Newton also had 10 points and six rebounds. Saint Joseph's took the lead with 15:43 remaining in the first half and never looked back. The score was 33-20 at halftime, with Reynolds racking up eight points. Saint Joseph's outscored Delaware State by five points over the final half, while Reynolds led the way with a team-high 14 second-half points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ AND ON EDGAR TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX: PRN; NASDAQ: PROF) (“Profound” or the “Company”) today announced that it intends to offer and sell common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). In addition, Profound expects to grant the underwriters of the Offering a 30-day option to purchase up to an additional 15% of the Common Shares sold in the Offering. All of the securities in the Offering are being offered by Profound. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The net proceeds of the Offering are expected to be used: (i) to fund the continued commercialization of the TULSA-PRO® system in the United States, (ii) to fund the continued development and commercialization of the TULSA-PRO® system and the Sonalleve® system globally, and (iii) for working capital and general corporate purposes. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Raymond James Ltd. and Lake Street Capital Markets as co-lead underwriters and joint bookrunners, and a third underwriter. The Offering is expected to take place in each of the provinces and territories of Canada, except the province of Québec, and in the United States. The Offering is expected to close on or about December 10, 2024, subject to customary closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange. Profound will notify the Nasdaq Capital Market in accordance with the rules of that exchange. In connection with the Offering, the Company has filed a preliminary prospectus supplement (the “Preliminary Prospectus Supplement”) and intends to file a subsequent prospectus supplement (the “Prospectus Supplement”) to its short form base shelf prospectus dated July 10, 2024 (the “Base Shelf Prospectus”) in each of the provinces and territories of Canada relating to the proposed Offering. The Prospectus Supplement will also be filed in the United States with the U.S. Securities and Exchange Commission (the “SEC”) as part of the Company’s effective registration statement on Form F-10 (File no. 333-280236), as amended, previously filed under the multijurisdictional disclosure system adopted by the United States. Access to the Base Shelf Prospectus, the Prospectus Supplement, and any amendments to the documents will be provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. The Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days of the date hereof), accessible on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov . The Common Shares are offered under the Prospectus Supplement. An electronic or paper copy of the Base Shelf Prospectus, the Prospectus Supplement (when filed), and any amendment to the documents may be obtained without charge, from Raymond James Ltd., Scotia Plaza, 40 King St. W., 54th Floor, Toronto, Ontario M5H 3Y2, Canada, or by telephone at 416-777-7000 or by email at ECM-Syndication@raymondjames.ca by providing the contact with an email address or address, as applicable. Copies of the Prospectus Supplement and the Base Shelf Prospectus will be available on EDGAR at www.sec.gov or may be obtained without charge from Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by email at prospectus@raymondjames.com , and from Lake Street Capital Markets, LLC, 920 2nd Ave S - Ste 700, Minneapolis, MN 55402, prospectus@lakestreetcm.com , (612) 326-1305. The Base Shelf Prospectus and Prospectus Supplement contain important, detailed information about the Company and the proposed Offering. Prospective investors should read the Base Shelf Prospectus and Prospectus Supplement (when filed) before making an investment decision. No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory, state or jurisdiction. About Profound Medical Corp. Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. Profound is commercializing TULSA-PRO®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. Profound is also commercializing Sonalleve®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Forward-Looking Statements This release includes forward-looking statements regarding Profound and its business which may include, but is not limited to, the Offering, including the Offering’s timing, pricing, underwriters, size, terms, selling jurisdictions, closing, over-allotment option, and use of proceeds; the availability and timing of the final prospectus supplement; and, the expectations regarding the efficacy and commercialization of Profound’s technology. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of Profound. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks regarding the medical device industry, regulatory approvals, reimbursement, economic factors, the equity markets generally and risks associated with growth and competition. Although Profound has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Additional information about the risks and uncertainties of forward-looking statements and the assumptions upon which they are based is contained in the Company’s filings with securities regulators, which are available electronically through SEDAR+ at www.sedarplus.com and EDGAR at www.sec.gov . Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Profound undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, other than as required by law. For further information, please contact: Stephen Kilmer Investor Relations skilmer@profoundmedical.com T: 647.872.4849AMMAN — The Edom Lowlands Regional Archaeology Project (ELRAP), directed by Thomas E. Levy and Mohammad Najjar, is a deep-time investigation of society in the Faynan region of Southern Jordan, said Assistant Professor of Anthropological Archaeology Matt Howland at Wichita State University, in Wichita, Kansas. "This means that we are interested in the long- term occupation of the region, ranging from the Neolithic period, to the region’s peak occupation and copper production during the Iron Age, to the Middle Islamic period, when copper was also produced," Howland said A lot of the excavations conducted by the ELRAP were focused on the relationship between copper production and social complexity, and helped show how the mining and manufacture of copper helped a local complex society develop in the Early Iron Age in Jordan, Howland continued. The professor added that his research focuses mainly on the use of spatial and 3D technologies to investigate the ancient past and share results of this research with the public. Howland worked with Levy during his undergraduate studies at Penn State University and his PhD studies at the University of California San Diego. "I developed research projects using GIS, a technology used for digital mapping, to investigate Iron Age societies in the Southern Levant. In my Ph.D. dissertation, I investigated Iron Age trade networks based in the Faynan region of Southern Jordan, and how high-status elites in Faynan controlled the manufacture and export of copper across the entire Southern Levant and beyond," Howland said. Since the team no longer actively excavates, it is interested in sharing some of the results with the general public, especially including the people of Jordan, who have always been very hospitable hosts and partners in the project. Several years ago, the ELRAP team developed an Arabic-language StoryMap to share some of the results relating to the Iron Age archaeology and heritage of Faynan with Jordanians. "Now, our new project shares 3D models that help tell the story of the Iron Age and Middle Islamic archaeology of Faynan on the website Sketchfab. Users can explore the models on this website in Arabic according to their own interest in the history and archaeology of Faynan," Howland elaborated. "We want users, especially Arabic-speaking Jordanians, to be able to explore the 3D data we have collected in the field during years of archaeological survey and excavation in the region without having to look through English-language and pay walled journal articles," the professor added. In this work, the team found it very important to work collaboratively with Jordanians to help tell the story of the archaeology of Faynan, and, luckily, they were able to collaborate with not only co-director Najjar, but also a librarian Samya Kafafi from American Centre of Research and a Jordanian student Omar Khalil from Wichita State University. The link between Faynan and Howland goes back to 2012 when he spent two months excavating the site. Howland immediately found the Faynan region to be extremely beautiful and the Bedouin people who live there to be very hospitable and friendly. Also, the archaeology of Faynan is very exciting, and is an underappreciated cultural heritage resource. "The many amazing archaeological sites in Faynan help to tell an incredible story about the development of a local complex society that was at the centre of a flourishing trade network in the Iron Age, just like the Nabateans later on in history, the professor said. "Since my own career and research has benefitted so much from research in Faynan, I want to share some of what I have learnt with the people of Jordan, and collaborate with them to help raise awareness about their amazing cultural heritage. Digital projects in Arabic, like our current project on Sketchfab, are one small way of doing that," Howland underlined.
The 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 . CLEMSON, S.C. (AP) — Defensive tackle Payton Page shook his head when asked how far his freshman self, the one who weighed over 400 pounds when he came to Clemson, might have run on an interception. “About two yards,” he said, “he wouldn’t have made it far at all.” The slimmer, 315-pound Page, now a senior, took it 57 yards for a touchdown Saturday as the 17th-ranked Tigers routed the Citadel 51-14. Page lunged leftward to catch the ball, saw the open field and began the steady churn to the end zone. “I looked forward and seen I had like 60 more yards to go,” said Page, who was honored in pregame on Senior Day. “I feel like all the work I put in shows,” said Page, who’s started all 11 games this season. “I felt I read that screen pretty good and I made that play.” The pick-6 was the first touchdown by a Clemson defensive lineman since 2019 when Logan Rudolph returned a fumble 39 yards for a TD in a win over Boston College. “When you get a chance to see one of those plays, you better enjoy it,” Clemson coach Dabo Swinney said. It was part of a 35-0 first half for Clemson (9-2), which held on to feint hopes of reaching the Atlantic Coast Conference title game and the College Football Playoff. RELATED COVERAGE Auburn wins 43-41, four-OT thriller over playoff hopeful No. 15 Texas A&M Arnold, Robinson run for more than 100 yards as Oklahoma stuns No. 7 Alabama 24-3 No. 22 Iowa State keeps Big 12 title, CFP hopes alive with 31-28 win over Utah Quarterback Cade Klubnik threw for 198 yards and three TDs while reserve running back Jay Haynes scored twice on the ground as the Tigers moved to 39-0 all-time against FCS opponents. Clemson, which finished ACC play at 7-1 with last week’s 24-20 win at Pittsburgh, needs No. 11 Miami to lose at Syracuse next week to play for a league crown for the eighth time in 10 seasons. Clemson cranked it up early in this one, looking a lot like the offense that averaged better than 48 points during a six-game win streak earlier this season instead of the one that had not surpassed 24 points in any of its past three contests. Page wasn’t the only defender to score. Clemson’s All-American senior linebacker Barrett Carter, playing his next-to-last home game, had a 4-yard TD run to end the scoring. “I told coach Swinney a while ago when I decided to come back, I needed an offensive touchdown,” said Carter, who played tailback in high school. “It was so surreal.” And Page was a part of Carter’s score, too, as he led the way in blocking out of the backfield. “I blocked pretty good on that one, too.” The Citadel (5-7), of the FCS Southern Conference, went on to its 19th straight loss to Clemson since 1932. Haynes got the bulk of the work after starter Phil Mafah achieved his 1,000-yard rushing season with three first-quarter runs. Haynes had scoring runs of 70 and 9 yards. The takeaway The Citadel: The Bulldogs are the leaders among FCS teams in victories over FBS opponents with nine since the college football split into Division I and Division I-AA in 1978. They couldn’t stay competitive, but did roll up a season-high 288 yards rushing and scored a touchdown against Clemson for the first time in the past four games in the series. Clemson: The Tigers reached nine wins in a season for the 14th straight time. Only Alabama, which entered the season with 16 straight nine-win seasons, had a longer current streak. Shortening things Officials asked Citadel coach Maurice Drayton after halftime if he wanted to shorten the second half to 10-minute quarters with the Bulldogs trailing 35-0. “Why,” Drayton asked. “We’re here to compete.” The Bulldogs actually outscored the Tigers 7-6 in the fourth quarter. Drayton said that will be something for his team to build on in the offseason. Klubnik’s place Klubnik has 29 touchdown throws this season and 50 in his career, joining Tajh Boyd (107 total), Deshaun Watson and Trevor Lawrence (90 each) as Clemson passers to reach that many during their time with the Tigers. Up next The Citadel’s season is complete. Clemson closes the regular season with its rivalry game with South Carolina on Saturday. ___ 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
S&P/TSX composite up almost 150 at closing, U.S. markets also higher
WASHINGTON, Dec 24 — A US health boss’s murder sparked a torrent of online misinformation and calls for violence against other executives, suggesting a failure of social media moderation that analysts fear could translate into real-world harms. The posts, allowed to spread unfettered across tech platforms, came in the wake of the shooting of UnitedHealthcare CEO Brian Thompson in New York on December 4 and lay bare a Wild West internet landscape that is largely bereft of guardrails. “As much disagreement as there is about what content, if any, should be moderated — at the top of most peoples’ list would be ‘explicit threats of violence,’” Jonathan Nagler, co-director of New York University’s Center for Social Media and Politics, told AFP. “So seeing posts on social media that explicitly encourage violence against anyone including CEOs of health insurance firms, suggests that content moderation has failed.” Further exemplifying that failure, disinformation security company Cyabra identified hundreds of accounts across the Elon Musk-owned X and Meta-owned Facebook that spread a host of conspiracy theories related to the murder. They included the unfounded claim that Thompson’s wife was involved in the killing as the couple was experiencing relationship issues. Other posts baselessly claimed that former House speaker Nancy Pelosi was behind the murder. Many of these narratives were amplified by prominent influencers on X such as the conservative commentator Matt Wallace, with some of them garnering hundreds of millions of views, Cyabra said. ‘Unchecked hate’ In another falsehood identified by the misinformation watchdog NewsGuard, a video swirling online purportedly showed Thompson admitting that he worked with Pelosi. But it was an old video from 2012 and the man was another Brian Thompson, who was forced to clarify on X that he was not the UnitedHealthcare chief executive. In a validation of the old axiom that a lie can travel halfway around the world while the truth is putting on its shoes, his X post drew only around 150 views while the posts advancing the false claim garnered hundreds of thousands. Thompson’s murder has unleashed pent-up anger towards the nation’s health insurance companies, which patients and advocacy groups say fail to provide affordable care. Many comments taking aim at the medical system quickly spiraled into targeted threats against high-profile CEOs. Hashtags such as “CEO Assassin” gained traction and multiple posts aimed at health insurance providers brazenly asked: “Who’s next after Brian Thompson?” One post targeting insurer Blue Cross Blue Shield said: “Let your CEO know... you’re next!!!” Similar posts took aim at Humana’s CEO Jim Rechtin and Andrew Witty from the UnitedHealth Group, the parent company of Thompson’s firm. “The danger here is clear: unchecked hate and disinformation online have the potential to spill over into real-world violence,” Dan Brahmy, chief executive of Cyabra, told AFP. ‘Alarming power’ The companies did not respond to AFP when asked how they were dealing with the threats ricocheting online. With the elevated risk, US corporations are increasing security personnel at offices and residences of senior executives, many of whom have been asked to delete their digital footprints, US media reported. Ivy League graduate Luigi Mangione, who is accused of Thompson’s murder, has been widely lionized online. Brahmy said this demonstrated the “alarming power of unmoderated social media” to amplify violent narratives. Social media content moderation has emerged as a political lightning rod in the United States, with many conservatives calling it “censorship” under the guise of fighting misinformation. Platforms such as X have gutted trust and safety teams and scaled back moderation, making it what researchers call a hotbed for misinformation and hate. “As platforms grapple with moderation challenges, it’s imperative for companies, governments, and users alike to remain vigilant against the disproportionate influence of bad actors, who exploit social tensions to manipulate public perceptions and conversations,” Brahmy said. — AFPPresident-elect Donald Trump has continued naming out-of-the-box choices to lead key federal health agencies. Three of those picks — Marty Makary, who would lead the FDA; Jay Bhattacharya, who would head the National Institutes of Health; and Dave Weldon, chosen to administer the Centers for Disease Control and Prevention — have something notable in common: All have proposed major changes to the organizations they would oversee. Meanwhile, the Supreme Court heard a case challenging Tennessee’s ban on transgender health care for minors, with the conservative justices seeming likely to support the state’s law. This week’s panelists are Julie Rovner of KFF Health News, Sarah Karlin-Smith of the Pink Sheet, Joanne Kenen of the Johns Hopkins University’s schools of public health and nursing and Politico, and Shefali Luthra of The 19th. Among the takeaways from this week’s episode: Also this week, Rovner interviews KFF Health News’ Bram Sable-Smith, who reported and wrote the latest KFF Health News-Washington Post Well+Being “ ” feature, about an emergency room bill for a visit that didn’t make it past the waiting room. If you have an outrageous or inscrutable medical bill you’d like to send us, . Subscribe to KFF Health News' free Morning Briefing. Plus, for “extra credit,” the panelists suggest health policy stories they read this week that they think you should read, too: The New Yorker’s “ ,” by Stephania Taladrid. The Washington Post’s “Post Reports” podcast’s “ ,” by Casey Parks, Emma Talkoff, Ariel Plotnick, and Bishop Sand. ProPublica’s “ ,” by Audrey Dutton. Stat’s “ ,” by Nicholas St. Fleur. Also mentioned in this week’s podcast:
Big win for Sydney Roosters as James Tedesco makes call on future'This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO
The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours in a sports stadium in Azerbaijan. 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.Rana reviews winter preparedness of Jal Shakti DeptThe groundbreaking blockchain-based platform Rexas Finance (RXS) has mesmerized the cryptocurrency market. Designed to transform real estate tokenization into decentralized finance (DeFi), this altcoin mainly attracts big-money investors. Due to its exceptional performance and innovative use cases, Rexas Finance is quickly becoming a leading candidate to surpass market leaders Solana (SOL) and Ripple (XRP) by 2025. Rexas Finance (RXS): The Altcoin Drawing Attention From Investors Rexas Finance primarily distinguishes itself from competitors such as Solana and Ripple by prioritizing practical applications. Solana shines in fast blockchain transactions and Ripple in cross-border payments; Rexas Finance presents a special offer by combining DeFi with physical assets. With this strategic differentiator, it stands out as a solution that can adapt to the constantly shifting blockchain ecosystem with greater versatility and impact. Fundamentally, Rexas Finance tokenizes actual assets like property using innovative blockchain technology. This invention lets consumers access quick, open, safe financial services. By bridging the gap between traditional assets and scattered ecosystems, Rexas Finance redefines investor interaction with real estate. Tokenization enables fractional ownership, making high-value assets more reachable to a larger audience and boosting liquidity in an inactive sector. Rexas Finance is positioned to gain from the $486 trillion worldwide financial asset market with a market span including real estate, commodities, and financial assets. Its ETH-based token properties provide even more appeal and position RXS for a possible 10000% rise following launch. It started stage 11 of its presale at an astounding $0.175. With about 380 million tokens sold, the presale currently brings in over $33.1 million. These numbers highlight investors' rising faith in the platform's ability to provide significant profits. Rexas tokens are highly sought after because of their creative approach to DeFi and real estate tokenizing, which distinguishes them from other cryptocurrencies. Rexas Finance's listings on CoinMarketCap and CoinGecko confirm its reliability even further. These sites are reliable sources of cryptocurrency data, and their respect for Rexas Finance emphasizes its validity and commercial applicability. Furthermore, top blockchain security company Certik has closely examined the initiative. Attracting institutional investors depends on Rexas Finance following the best standards of security and openness; hence, this accreditation guarantees these aspects. Investing in the RXS presale is easy and offers a chance to get tokens before the price hikes. Popular altcoins anticipated to develop quicker than Solana and Ripple are attracting enormous sums of money. Go to the official Rexas Finance website to guarantee a safe transaction and avoid fraud. Purchase RXS with defined tokens like Ethereum or USDT after linking your wallets—such as MetaMask or Trust Wallet. Once bought, keep your tokens in your wallet and monitor the presale stages to remain current on price adjustments and advancement. Rexas Finance has started a continuous $1 million giveaway to improve its community involvement further. Twenty fortunate members of this program will receive $50,000 of Rexas tokens apiece. Such rewards show the platform's dedication to honoring fans and promoting long-term devotion. Along with raising awareness, the offer draws a diverse spectrum of investors, from institutional players to retail consumers. Moreover, the significant money gathered during its presale and the increasing community support point to a strong basis for ongoing expansion. Rexas Finance is unique in its ability to provide innovation and practical value as the market increasingly embraces utility-driven initiatives. Conclusion With its ambitious ambition and established track record, Rexas Finance is well on its way to becoming a significant cryptocurrency market participant. The platform's capacity to tokenize real estate and link it with DeFi is consistent with the growing desire for practical blockchain applications. Furthermore, its recent accomplishments, such as raising over $33.1 million, listing on key platforms, and undergoing a Certik audit, demonstrate its ability to compete with industry titans. Investors seeking substantial growth should pay close attention to Rexas Finance. For investors looking to profit from the next wave of blockchain developments, its presale success, continuous activities, and creative use cases make it a convincing option. As it continues to gather momentum, Rexas Finance could beat Solana and Ripple extremely effectively and become a major player in the crypto market by 2025. Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
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From Desmond Mgboh, Kano Governor Malam Umar Namadi of Jigawa State has reiterated his administration’s dedication to leveraging technology to strengthen democracy and improve governance in Jigawa State. Speaking while declaring open a Gombe State House of Assembly Retreat in Dutse, the governor stressed the critical role of technology in modernizing legislative processes and ensuring better service delivery for citizens. The retreat, themed “Technology Adoption in a Democracy,” was organized to help members of the Gombe State House of Assembly integrate technology into their legislative functions. Commending the initiative, Governor Namadi praised the Assembly for taking proactive steps to tackle the challenges of contemporary governance. “Democracy thrives when people are given a voice, and in today’s digital world, technology amplifies that voice. It’s not just an option anymore—it’s essential. Transparency, inclusivity, and accountability all depend on how well we use technology in governance.” Governor Namadi reflected on Jigawa State’s early strides in ICT, including its key contributions to the establishment of Galaxy Backbone and the pioneering role of institutions like the Informatics Institute Kazaure, which is now an ICT polytechnic. He described these achievements as the backbone of Nigeria’s ICT revolution and highlighted how Jigawa continues to lead by example in technology adoption. He shared insights into his administration’s use of e-governance and data-driven strategies to improve critical sectors such as education, health, and finance, stating that these efforts are proof of his government’s commitment to digital transformation and efficient service delivery. The governor also called on lawmakers to champion policies that enhance digital literacy, protect citizen data, and expand access to e-participation tools while safeguarding democracy through robust cybersecurity measures. He emphasized that collaboration among states is vital to building a democratic system powered by technology.Wendy Williams' son Kevin Hunter Jr. has shared an optimistic update regarding his mother's health amid her ongoing battle with dementia. On Monday, December 23, Kevin expressed his hope for his mother's recovery while commenting on an Instagram post from Charlamagne Tha God , who had shared a heartfelt message about the young adult's recent college graduation. Kevin, 24, continued with an update on 60-year-old Williams in the comments. "While I'm here, quick update on my mom. She's sober and wants to come home," he wrote. "We're fighting to make that happen because isolation is killing her faster than anything else." Williams, who has been battling frontotemporal dementia and aphasia, was seen attending Kevin's graduation from Florida International University in Miami just days before his post. In the photos obtained by TMZ and posted on Thursday, December 19, the former talk show host appeared emotional, shedding tears of joy as her son received his diploma. Williams was also accompanied by her father, Thomas Williams Sr., and her sister, Wanda Finnie, at the celebration. The former talk show host, who has been under court-ordered guardianship since 2022, made the rare public appearance while using a mobility scooter. A post shared by LENARD (@cthagod) A few days prior to that, Williams was spotted picking up some take out in Ft. Lauderdale, FL with her nephew Travis Finnie on Sunday, December 15. The interaction was shared to social media with Williams' flashing a huge smile to the camera after she was greeted with her catchphrase, "How you doing?" "Just to see her smiling face makes my heart smile.," said one fan in the comments of the Instagram video. Another said, "She looks amazing!!!!!! She looks healthy!!" A third exclaimed, "I hope her family fights like Hell for her. We miss you, Wendy!" Clips from the 2024 Lifetime documentary Where is Wendy Williams? suggested that her relatives have been challenging the legal arrangement, which they claim was made without their involvement. Although they can receive phone calls from Williams, they claimed they have no knowledge of her whereabouts and cannot reach her directly.A country music singer who once appeared on “American Idol” will spend several years behind bars after he was sentenced for a 2022 DUI crash that claimed a man’s life. Caleb Kennedy, 20, was sentenced Monday, Nov. 18, after he pleaded guilty to felony driving under the influence where death results, the 7th Circuit Solicitor’s Office in Spartanburg, South Carolina, told MassLive. While Kennedy was originally sentenced to 25 years in prison and a ordered to pay a $25,100 fine, the singer’s sentenced was reduced to eight years and a $15,100 fine. Three years of Kennedy’s eight-year sentence will be on home detention. He also will serve five years of probation. In addition, the 20-year-old must also have no contact with the victim’s family and attend mental health and substance abuse counseling. Kennedy will also be subjected to random drug and alcohol testing, court records indicated. Larry Duane Parris, 54, died after a 17-year-old Kennedy drove his Ford F-150 truck into a home in Pacolet, South Carolina, on Feb. 8, 2022, Greenville News reported . Kennedy was arrested and charged with DUI as a result. Kennedy was driving under the influence of marijuana after hitting a vape pen, the outlet reported, citing arrest warrants. The singer was heading to his girlfriend’s house when he veered into Parris' driveway and hit him while Parris was talking on the phone, according to the outlet. Solicitor Barry J. Barnette, who prosecuted Kennedy, said “this case shows the dangers of vape pens to society” in a statement sent to MassLive from the Solicitor’s Office. Kennedy received national fame while competing on Season 19 of “American Idol” at age 16. He made it to the Top 5 but left after he appeared on a Snapchat post seated beside someone wearing what appeared to be a Ku Klux Klan hood. Kennedy’s family told the Spartanburg Herald-Journal the video was recorded when he was 12 years old. The musician addressed the incident in a since-deleted Instagram post. “Hey y’all, this is gonna be a bit of a surprise, but I am no longer gonna be on American Idol. There was a video that surfaced on the internet and it displayed actions that were not meant to be taken in that way. I was younger and did not think about the actions, but that’s not an excuse,” Kennedy reportedly wrote in the post. “I wanna say sorry to all my fans and everyone who I have let down. I’ll be taking a little time off social media to better myself, but saying that, I know this has hurt and disappointed a lot of people and made people lose respect for me. I’m so sorry! I pray that I can one day regain your trust in who I am and have your respect! Thank you for supporting me,” it reportedly read. More Country Music News
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