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Joseph Grinkorn: The Trump Bull Market is Here - Markets Set to Hit All-New Highs by 2025Rugby league 2024: Laurie Daley speaks about new role as Blues coach, what he’s learned since last time, how he helped guide Blues to 2014 success, Queensland eight game streak ended, what happened, Big Sports BreakfastSAN DIEGO , Dec. 23, 2024 /PRNewswire/ -- CreateAI Holdings Inc., formerly TuSimple Holdings Inc. (OTCMKTS: TSPH) ("CreateAI" or the "Company"), a global artificial intelligence technology company, today announced shareholder voting results for its annual meeting of stockholders held on December 20, 2024 (the "Annual Meeting"). As of October 28, 2024 , the record date for the Annual Meeting, there were a total of 232,618,399 shares of common stock outstanding and entitled to vote at the Annual Meeting, comprised of 208,618,399 shares of Class A Common Stock (each with one vote per share) and 24,000,000 shares of Class B Common Stock (each with ten votes per share). At the Annual Meeting, holders of 207,347,538 shares of common stock, representing 423,347,538 votes, entitled to vote at the meeting were represented in person or by proxy and, therefore, a quorum constituted of the majority of the voting power of the shares of common stock issued and outstanding and entitled to vote at the Annual Meeting was present. The following is a brief description of each matter voted upon at the 2024 Annual Meeting and the numbers of votes cast for, withheld, or against, the number of abstentions, and the number of broker non-votes with respect to each other, as applicable. 1. Election of six nominees to serve on the Board of Directors (the "Board") for a term which will expire at the 2025 annual meeting of stockholders, or, if Proposal Two is adopted, to hold office until the annual meeting of stockholders in accordance with the class of director to which each nominee will be assigned. The following six directors were elected by the votes as indicated below. For Withheld Broker Non-Votes Cheng Lu 208,949,915 164,765,019 1 49,632,604 Mo Chen 208,946,146 164,768,788 1 49,632,604 James Lu 209,109,928 164,605,006 1 49,632,604 Zhen Tao 209,158,316 164,556,618 1 49,632,604 Albert Schultz 348,895,019 1 24,819,915 49,632,604 Jianan Hao 209,021,652 164,693,282 1 49,632,604 The totals above include the 240,000,000 votes represented by the Class B shares of Common Stock. 12,000,000 shares of Class B Common Stock (representing 120,000,00 votes) were voted "FOR" and 12,000,000 shares of Class B Common stock (representing 120,000,00 votes) were voted "WITHHELD" for each of the Directors other than Albert Schultz . All shares of Class B Common Stock were voted "FOR" the election of Albert Schultz . Excluding the 240,000,000 votes from the 24,000,000 shares of Class B Common Stock from the totals above, the 183,347,538 shares of Class A Common Stock were voted as indicated below. For Withheld Broker Non-Votes Cheng Lu 88,949,915 44,765,019 49,632,604 Mo Chen 88,946,146 44,768,788 49,632,604 James Lu 89,109,928 44,605,006 49,632,604 Zhen Tao 89,158,316 44,556,618 49,632,604 Albert Schultz 108,895,019 24,819,915 49,632,604 Jianan Hao 89,021,652 44,693,282 49,632,604 2. Amendment to the Company's Restated Certificate of Incorporation to classify the Board of Directors into three classes, with directors in each class to serve staggered three-year terms. Pursuant to the Restated Certificate of Incorporation, Proposal Two must receive the affirmative vote of the holders of at least a majority of the voting power of all of the then-outstanding shares of the capital stock of the Company entitled to vote generally in the election of directors, voting together as a single class, since directors representing two-thirds (2/3) of the total number of authorized directors have already approved. The amendment was not approved 2 by the votes as indicated below: For Against 1 Abstain Broker Non-Votes 208,955,668 164,659,652 99,614 49,632,604 Because Proposal Two was not approved, the six directors elected pursuant to Proposal One will serve on the Board for a term which will expire at the 2025 annual meeting of stockholders. 3. Ratification of the appointment of UHY LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 . The selection was ratified by the votes as indicated below: For Against 1 Abstain Broker Non-Votes 255,504,371 155,923,768 11,919,399 - Note 1: Includes 120,000,000 votes of the 12,000,000 shares of Class B Common Stock held by White Marble LLC and White Marble International Limited (together, the "White Marble Entities") controlled by Dr. Xiaodi Hou . Note 2: The White Marble Entities have filed an action in the Delaware Court of Chancery seeking a declaratory judgment that the voting agreement between White Marble and Mo Chen is invalid and White Marble, not Mo Chen , controls the vote. White Marble LLC v. Chen , C.A. No. 2024-1208-PAF (Del. Ch.) On December 13, 2024 , the Court entered an order that allows the Company to hold the vote on Proposal Two, and ordered that if Proposal Two is not approved at the Annual Meeting but the Court determines in the Action that Mo Chen , not the White Marble Entities, control how the White Marble Entities' Shares are voted, then the White Marble Entities' shares shall be deemed to have been voted in favor of Proposal Two at the Annual Meeting and that such vote shall stand. The vote totals above include the votes of the shares held by the White Marble Entities as voted by the White Marble Entities. If the shares held by the White Marble entities reflected in the totals above are deemed to have been voted in favor of Proposal Two, the Proposal will have passed. Accordingly, if the Court rules in Mo Chen's favor, Proposal Two will be deemed to have passed and the Company would be permitted to amend its Certificate of Incorporation to implement Proposal Two and each of the directors elected pursuant to Proposal One will serve on the Board until the annual meeting of stockholders in accordance with the class of director to which each nominee is assigned. About CreateAI CreateAI (formerly TuSimple) is a global artificial intelligence company with offices in US, China , and Japan . The company is pioneering the future of digital entertainment content production, seamlessly blending cutting-edge generative AI technology with the creativity of world-class talent. Our mission is to redefine the boundaries of what's possible in digital storytelling by developing immersive, captivating, and visually stunning experiences that resonate with audiences on a global scale. Investor Relations Contact: ICR for CreateAI CreateAI.IR@icrinc.com View original content to download multimedia: https://www.prnewswire.com/news-releases/createai-announces-results-of-2024-annual-meeting-of-stockholders-302338618.html SOURCE CreateAI Holdings Inc

For the best experience, please enable JavaScript in your browser settings. The US Federal Reserve Bank recently cut the interest rate, a few weeks after the Central Bank of Kenya (CBK) did the same. The old dictum that the government has no business in business is not supported by reality. The government intervenes in business through monetary and fiscal policies. Interest cuts affect your business; lower rates mean more borrowing, spending, and growth despite the risk of inflation. Tax rates affect our businesses by muting demand and profits. Government projects, by extension, create demand and jobs. Remember John Keynes? Back to the US Federal Reserve (Fed) rate cut. Why cut the rate when inflation has been stubbornly high? Some have suggested that the rate cut will leave less room for President-elect Donald Trump to make economic changes when he takes office in January. If he imposes tariffs the low rates will compound the inflation. That is not good for politics. Trump campaigned on the platform of reducing the cost of living. Does that sound familiar? The rate cuts mean employment is a bigger concern than inflation. With low rates, it is easier to buy houses or vehicles. Low rates entice us to focus on other investments instead of keeping money in the bank. Rate cuts have a silver lining; they will stimulate economic growth as citizens borrow more money to consume or invest. Remember CBK cutting the rates when inflation was seen as falling and growth slackening? One of the most daunting tasks of central banks is deciding when to cut or increase the rates and by how much. Luckily, good econometric models exist to help make that decision. That does not remove the human factor, our sentiments. The Fed cut is the third this year. That would mean fewer cuts next year. Does it also mean less flexibility for the incoming president? But economic circumstances could change. Could inflation lead to a rate hike next year? The market reacted to the cut with a fall in stock prices. The market interpreted a cut as a sign that the economy is not doing as well as expected. Did stock owners try to sell off leading to oversupply and low prices? Should we bother with the interest rate cut so far away? If we keep up with the US cultural trends, why not their economic trends? Did we not appropriate parts of their constitution? Why do we call ministers secretaries? Just because Americans called them so over 200 years ago? Don’t we love American movies and music? Don’t we love giving our children American names, from Beyoncé to Kennedy and love immigrating there? Stay informed. Subscribe to our newsletter If you have relatives in the US, I am sure they are concerned over Trump’s threat of mass deportation. If we keep up with the Kardashians, why not with the Fed? Low interest rates make the US less attractive to investors, particularly those who buy bonds. This reduces demand for dollars and weakens it. Higher rates have the opposite effect. The positive part is that cuts stimulate the US economy, and the rest of the world benefits through trade. Remember the African Growth and Opportunity Act (AGOA)? A rate cut could mean a stronger shilling. Importers and those travelling abroad or paying fees abroad will cheer up. Importers and tourists will not. Since Kenya is a net importer, we would love a stronger shilling. That combined with falling oil prices and good rains could cheer the economy up. Remember cost of living has been a political hot potato. How can we forget that a stronger shilling helps reduce our debt, which is dominated by dollars? What is happening far away has implications at home. Luckily, this time positive. Do you recall the rise in US rates weakening the shilling? Any lessons for Kenya? One, the fact that the government can influence the rate of economic growth through policies means it can take the blame for any slack in growth. Such policies supplement the citizen’s contribution to growth through consumption, investments and innovation. Two, The policy changes work best when the Federal Reserve (central bank) is independent of political influence. Did I hear Trump has threatened to end that independence? Such independence ensures the best decisions are made objectively and for citizens, not politicians. That is why the CBK governor has security of tenure. Third, economic growth, with full employment and optimal inflation, is the goal of any central bank, including CBK and the Fed. That must be complemented with good laws, an active legislature, a strong judiciary, an objective executive and a good balance among all branches of the government. Finally, growth is about the people, the ordinary citizens. Economic growth is driven by our hard work and incentives. We invest and consume more if the government creates a conducive environment for us through good policies, public goods, security, a good education and health system and optimism. And confronting our soft underbelly - corruption. Happy Holidays my fellow countrymen!

The All Progressives Congress (APC) in Rivers State has elected Chief Tony Okocha as its new chairman. Chief Okocha was elected alongside others to spearhead the affairs of the party for the next four years haven completed his terms as the CTC Chairman of the party during a state delegate congress. The state delegate congress which was conducted through voice vote was presided over by Dr Adoye Omale who represented the party’s national Secretariat. In his acceptance speech, the newly elected state party chairman, Chief Tony Okocha, said that his election has gone a long way to prove all critics wrong that APC is not united and cannot conduct a peaceful election, saying that with the mandate given to him and other elected executive members the party is set to take Rivers state government in 2027.

Global Creative Software Market Size, Share and Forecast By Key Players-Adobe,MAGIX,CyberLink,Corel,AppleThe Federal Government and a Brazilian firm, Fundação Getulio Vargas (FGV), have signed a Memorandum of Understanding (MOU) to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance. The MoU was signed on behalf of the federal government by the Permanent Secretary of the Federal Ministry of Agriculture and Food Security (FMAFS), Mr. Temitope Fashedemi, while the President of FGV, Professor Carlos Ivan Simonsen Leal, signed for the company. The ceremony took place at FGV Headquarters in Rio de Janeiro, Brazil, on the sidelines of the G20 Leaders’ Summit. According to a statement issued on Sunday by Abiodun Oladunjoye, Director (Information & Public Relations), the agreement marks a new phase of strategic collaboration between Nigeria and FGV, the Green Imperative Project (GIP) lead implementer, one of the largest international agricultural technology transfer initiatives. The statement informed that conceived in 2018, GIP is a 1.2 billion dollar cooperative effort between Brazil and Nigeria, designed to modernise Nigeria’s agricultural sector through Brazilian expertise in tropical agriculture. Since the MoU was conceived in 2018, both parties have engaged in many meaningful discussions to advance its design and implementation. The project, supported by Deutsche Bank, aims to deliver transformative agricultural technologies and knowledge transfer over its 10-year duration. According to the statement, over the next five years, the project will identify and support one agribusiness in Nigeria’s 774 local government areas with technical and financial resources, driving sustainable development and economic growth. “This partnership paves the way for Brazil to engage with Nigeria’s dynamic and rapidly growing agricultural sector. Together with FGV, we are poised to unlock the potential of private sector investment in key areas critical to our food security,” Fashedemi said at the signing ceremony. Under the MOU, private-sector projects on fertiliser production, hybrid seed technology, and agricultural financing are projected to attract $4.3 billion in private-sector investment. Senior members of Nigeria’s presidency, officials of FMAFS, and FGV’s leadership attended the signing ceremony. READ MORE FROM: NIGERIAN TRIBUNE Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel nowRICHMOND, Va. (AP) — Jaden Green and Geoffrey Jamiel scored on long plays in the fourth quarter and unseeded Lehigh rallied to defeat No. 9 Richmond 20-16 on Saturday in a first-round game of the FCS playoffs. Lehigh advances to a second-round game at eighth-seeded Idaho on Dec. 7. The Mountain Hawks trailed 16-7 early in the fourth quarter after Richmond's Sean Clarke scored on a 7-yard pass from Camden Coleman. Green dashed 65 yards for a touchdown on the next play from scrimmage and Lehigh trailed 16-14 with 10 1/2 minutes remaining. The Mountain Hawks (9-3) forced a three-and-out, then Jamiel and Hayden Johnson connected on a 56-yard pass play for the go-ahead touchdown. The Spiders were stopped short of midfield on their final drive but nearly came up with a huge play when Lehigh's Quanye Veney muffed the punt at his own 14-yard line. Ignatious Williams recovered the loose ball for Lehigh to preserve the win. Johnson completed 14 of 18 passes for 199 yards. Jamiel caught 10 for 137 yards. Coleman was 24-of-37 passing for 199 yards. Zach Palmer-Smith had 107 yards rushing for Richmond (10-3). Richmond had 249 yards of total offense in the first half but managed only three short field goals by Sean O'Haire. The scoring drives were 76, 70 and 64 yards and Richmond controlled the ball for nearly 21 minutes in the first half. Lehigh took a 7-6 lead on Johnson's 7-yard TD pass to Logan Galletta, but the Spiders answered with O'Haire's third field goal for a 9-7 halftime lead. This is 13-time Patriot League champion Lehigh's first playoff appearance since 2017. Lehigh and Richmond will have a rematch in the 2025 season opener at Lehigh. It will be Richmond's debut as a member of the Patriot League. 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

WASHINGTON — The House Ethics Committee on Monday accused Matt Gaetz of “regularly” paying for sex, including once with a 17-year-old girl, and purchasing and using illicit drugs as a member of Congress, as lawmakers released the conclusions of a nearly four-year investigation that helped sink his nomination for attorney general. The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in from 2017 to 2020 while the Republican represented Florida's western Panhandle. Congressional investigators concluded that Gaetz violated multiple state laws related to sexual misconduct while in office, though not federal sex trafficking laws. They also found that Gaetz “knowingly and willfully sought to impede and obstruct” the committee's work. “The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape, illicit drug use, impermissible gifts, special favors or privileges, and obstruction of Congress,” the report said. Before the report came out, Gaetz denied any wrongdoing and criticized the committee's process. “Giving funds to someone you are dating — that they didn’t ask for — and that isn’t ‘charged’ for sex is now prostitution?!?” he posted on X, the website formerly known as Twitter. “There is a reason they did this to me in a Christmas Eve-Eve report and not in a courtroom of any kind where I could present evidence and challenge witnesses.” Gaetz , who was first elected in 2017, spent the majority of his time in Washington enmeshed in scandals that ultimately derailed his selection by President-elect Donald Trump to lead the Justice Department . Gaetz abruptly resigned from Congress last month. His political future is uncertain, although Gaetz has indicated interest in running for the open Senate seat in Florida. The committee painted a damning portrait of Gaetz's conduct, using dozens of pages of exhibits, including text messages, financial records, travel receipts, checks and online payments, to document a party and drug-fueled lifestyle. The committee said it compiled the evidence after issuing 29 subpoenas for documents and testimony and contacting more than two dozen witnesses. In addition to soliciting prostitution, the report said Gaetz “accepted gifts, including transportation and lodging in connection with a 2018 trip to the Bahamas, in excess of permissible amounts.” That same year, investigators said, Gaetz arranged for a staffer to obtain a passport for a woman with whom he was sexually involved, falsely telling the State Department that she was his constituent. In some of the text exchanges made public, he appeared to be inviting various women to events, getaways or parties, and arranging airplane travel and lodging. At one point he asked one woman if she had a “cute black dress” to wear. There were also discussions of shipping goods. One of the exhibits was a text exchange that appeared to be between two of the women concerned about their cash flow and payments. In another, a person asked Gaetz for help to pay an educational expense. Regarding the 17-year-old girl, the report said there was no evidence Gaetz knew she was a minor when he had sex with her. The woman told the committee she did not tell Gaetz she was under 18 at the time and that he learned she was a minor more than a month after the party. But Gaetz stayed in touch with her after that and met up with her for “commercial sex” again less than six months after she turned 18, according to the committee. Florida law says it is a felony for a person 24 or older to have sex with a minor. The law does not allow a claim of ignorance or misrepresentation of a minor's age as a defense. Joel Leppard, who represents two women who told the committee that Gaetz paid them for sex, said the findings “vindicate” the accounts of his clients and “demonstrate their credibility.” “We appreciate the Committee’s commitment to transparency in releasing this comprehensive report so the truth can be known,” Leppard said in a statement. At least one Republican joined all five Democrats on the committee earlier this month in voting to release the report despite initial opposition from GOP lawmakers, including House Speaker Mike Johnson, to publishing findings about a former member of Congress. While ethics reports have previously been released after a member’s resignation, it is rare. On behalf of the Republicans who voted against making the report public, the committee chairman, Rep. Michael Guest of Mississippi, wrote that while the members did not challenge the findings, “we take great exception that the majority deviated from the Committee’s well-established standards” to drop any investigation when a person is not longer a member of the chamber. Guest added that releasing this report sets a precedent that “is a dangerous departure with potentially catastrophic consequences.” But Maryland Rep. Glenn Ivey, a Democratic member of the committee, said that for transparency, it was crucial for the public and Congress as an institution to read the findings. "I think that’s important for my colleagues here in the House to know how the committee reviews certain acts," he told The Associated Press. "Some of these were obviously conduct that crossed the line, but some of them weren’t.” Mounting a last-ditch effort to halt the publication of the report, Gaetz filed a lawsuit Monday asking a federal court to intervene. He cited what he called “untruthful and defamatory information” that would “significantly damage” his “standing and reputation in the community.” Gaetz’s complaint argued that he was no longer under the committee’s jurisdiction because he had resigned from Congress. The often secretive, bipartisan committee has investigated claims against Gaetz since 2021. But its work became more urgent last month when Trump picked him shortly after the Nov. 5 election Day to be the nation's top law enforcement officer. Gaetz resigned from Congress that same day, putting him outside the purview of the committee's jurisdiction. But Democrats had pressed to make the report public even after Gaetz was no longer in the House and had withdrawn from consideration for Trump's Cabinet. A vote on the House floor this month to force the report’s release failed; all but one Republican voted against it. The committee detailed its start-and-stop investigation over the past several years, which was halted for a time as the Justice Department conducted its own inquiry of Gaetz. Federal prosecutors never brought a case against him. Lawmakers said they asked the Justice Department for information about its investigation, but the agency refused to hand over information, saying it does not disclose information about investigations that do not result in charges. The committee then subpoenaed the department for records. After a back-and-forth between department officials and the committee, the department only handed over “publicly reported information about the testimony of a deceased individual,” according to the committee's report. The report said Gaetz was “uncooperative" throughout the committee's investigation. He provided “minimal documentation” in response to the committee’s requests, it said. “He also did not agree to a voluntary interview.”

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